Serbia: Agriculture, forestry, and fishing, value added (constant LCU)

Key figures

What the numbers say

In 2025, Serbia's agriculture, forestry, and fishing, value added (constant LCU) fell 0.1% on 2024 (from 313.53 billion to 313.16 billion).

Across the 29 yearly changes before that (1996 to 2024), the average change was +0.7% and a typical year strayed about 8.3% from that (the standard deviation). This year's change was 0.1 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

On record, the biggest yearly rise was 19% in 2004 and the biggest yearly fall was 10.8% in 2000. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2016 to 2025 the straight-line trend is downward, about 3.21 billion a year. A straight line explains 33% of the movement over 10 observed years.

Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.

How it compares

In 2025, Serbia had the 56th highest value of the 162 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.

Closest to Serbia in the 2025 ranking

• Congo, Rep. — 52nd of 162: 406.72 billion
• Guyana — 53rd of 162: 363.35 billion
• Guinea-Bissau — 54th of 162: 362.94 billion
• Mozambique — 56th of 162: 293.34 billion
• Albania — 57th of 162: 276.17 billion
• Brazil — 58th of 162: 267.12 billion

What this measures

Agriculture, forestry, and fishing corresponds to ISIC (Rev. 4) divisions 01-03 and includes the exploitation of vegetal and animal natural resources, comprising the activities of growing of crops, raising and breeding of animals, harvesting of timber and other plants, animals or animal products from a farm or their natural habitats.Value added is the contribution to the economy by a producer or an industry or an institutional sector, which is estimated by the total value of output produced and deducting the total value of intermediate consumption of goods and services used to produce that output. This indicator is expressed in constant prices, meaning the series has been adjusted to account for price changes over time. The reference year for this adjustment varies by country. This series is expressed in local currency units.

All 31 values

Agriculture, forestry, and fishing, value added (constant LCU) in nearby economies

• Albania — 276.17 billion (2025)
• Andorra — 15.09 million (2025)
• Armenia — 771.88 billion (2025)
• Austria — 4.4 billion (2025)
• Azerbaijan — 2.2 billion (2025)
• Belarus — 16.23 billion (2025)
• Belgium — 3.54 billion (2025)
• Bosnia and Herzegovina — 2 billion (2025)
• Bulgaria — 2.36 billion (2025)

More economic policy & debt data for Serbia

• External debt stocks, total (DOD, current US$) — US$51.98 billion (2024)
• Use of IMF credit (DOD, current US$) — US$2.64 billion (2024)
• External debt stocks, long-term (DOD, current US$) — US$48.35 billion (2024)
• External debt stocks, private nonguaranteed (PNG) (DOD, current US$) — US$20.37 billion (2024)
• External debt stocks, public and publicly guaranteed (PPG) (DOD, current US$) — US$27.97 billion (2024)
• External debt stocks, short-term (DOD, current US$) — US$1 billion (2024)
• Short-term debt (% of total external debt) — 1.92% (2024)
• PPG, IBRD (DOD, current US$) — US$2.31 billion (2024)
• IBRD loans and IDA credits (DOD, current US$)

Reading data like this

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Questions people ask

What is Serbia's agriculture, forestry, and fishing, value added (constant LCU)?

313.16 billion in 2025, according to the World Bank (World Development Indicators).

How has it changed since 1995?

It is up 11.18% from 281.68 billion in 1995 (0.35% a year on average, compounded). The highest value was 353.96 billion in 2004 and the lowest 281.68 billion in 1995.

How does Serbia rank?

56th highest of 162 economies with data for 2025.

Is the latest change in agriculture, forestry, and fishing, value added (constant LCU) unusual for Serbia?

In 2025, Serbia's agriculture, forestry, and fishing, value added (constant LCU) fell 0.1% on 2024 (from 313.53 billion to 313.16 billion). Across the 29 yearly changes before that (1996 to 2024), the average change was +0.7% and a typical year strayed about 8.3% from that (the standard deviation). This year's change was 0.1 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Source

World Bank, World Development Indicators, indicator NV.AGR.TOTL.KN, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.

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