Manufacturing Sector Contribution to GDP in Serbia (1990-2022)

Manufacturing Sector Contribution to GDP in Serbia (1990-2022)

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TGM StatBox. (2024). Manufacturing Sector Contribution to GDP in Serbia (1990-2022). TGM StatBox.
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Key Takeaways

Serbia’s manufacturing sector contribution decreased significantly from 23.5% in 1995 to 13.5% in 2022. The decline reflects the country's transition challenges and competition from EU economies. Recent data shows stabilization around 13-15%, indicating resilience in certain industries like machinery and chemicals, but limited growth in high-tech manufacturing. Serbia's evolving industrial policy aims to strengthen the sector, despite historical challenges.

Discover additional trends and data on Serbia’s net ODA received, Serbia’s inflation rate overview, agriculture’s GDP share in Serbia.

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