Industrial Production in Serbia increased 4.40 percent in May of 2025 over the same month in the previous year. This dataset provides the latest reported value for - Serbia Industrial Production - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Serbia Industrial Production Index (IPI): PY=100: CA 2010 data was reported at 106.900 Prev Year=100 in Mar 2025. This records an increase from the previous number of 98.200 Prev Year=100 for Feb 2025. Serbia Industrial Production Index (IPI): PY=100: CA 2010 data is updated monthly, averaging 102.200 Prev Year=100 from Jan 2000 (Median) to Mar 2025, with 303 observations. The data reached an all-time high of 124.700 Prev Year=100 in Mar 2000 and a record low of 74.500 Prev Year=100 in Jan 2009. Serbia Industrial Production Index (IPI): PY=100: CA 2010 data remains active status in CEIC and is reported by Statistical Office of the Republic of Serbia. The data is categorized under Global Database’s Serbia – Table RS.B001: Industrial Production Index: Previous Year=100.

Industrial production, annual percent change in Serbia, May, 2025 The most recent value is 0.9 percent as of May 2025, a decline compared to the previous value of 4.6 percent. Historically, the average for Serbia from January 2001 to May 2025 is 1.59 percent. The minimum of -22.3 percent was recorded in April 2009, while the maximum of 34 percent was reached in April 2021. | TheGlobalEconomy.com

Serbia Industrial Production: Mfg: Electrical Machinery: Transformers data was reported at 31,156.000 Unit in 2017. This records a decrease from the previous number of 46,179.000 Unit for 2016. Serbia Industrial Production: Mfg: Electrical Machinery: Transformers data is updated yearly, averaging 15,255.000 Unit from Dec 2003 (Median) to 2017, with 15 observations. The data reached an all-time high of 46,179.000 Unit in 2016 and a record low of 1,790.000 Unit in 2009. Serbia Industrial Production: Mfg: Electrical Machinery: Transformers data remains active status in CEIC and is reported by Statistical Office of the Republic of Serbia. The data is categorized under Global Database’s Serbia – Table RS.B007: Industrial Production.

Manufacturing Production in Serbia increased 7 percent in May of 2025 over the same month in the previous year. This dataset provides - Serbia Manufacturing Production - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Industrial Production in Serbia decreased 0 percent in May of 2025 over the previous month. This dataset provides - Serbia Industrial Production MoM- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Serbia Industrial Production: Mfg: PP: Products for Households & Sanitary Needs data was reported at 49,423.000 Ton in 2016. This records an increase from the previous number of 45,458.000 Ton for 2015. Serbia Industrial Production: Mfg: PP: Products for Households & Sanitary Needs data is updated yearly, averaging 32,303.500 Ton from Dec 2003 (Median) to 2016, with 14 observations. The data reached an all-time high of 49,423.000 Ton in 2016 and a record low of 12,249.000 Ton in 2003. Serbia Industrial Production: Mfg: PP: Products for Households & Sanitary Needs data remains active status in CEIC and is reported by Statistical Office of the Republic of Serbia. The data is categorized under Global Database’s Serbia – Table RS.B007: Industrial Production.

GDP from Manufacturing in Serbia decreased to 351023.70 RSD Million in the first quarter of 2025 from 358258.40 RSD Million in the fourth quarter of 2024. This dataset provides - Serbia Gdp From Industry- actual values, historical data, forecast, chart, statistics, economic calendar and news.

Flat glass and glass products are key materials throughout downstream industrial and construction markets, with glass bottles and containers also widely used by food and beverage manufacturers. Glassmakers across Europe rely on activity in these downstream markets, with high fixed costs associated with glass production dictating that small changes in output can substantially impact profitability. Revenue is forecast to decline at a compound annual rate of 5.3% to £72.5 billion over the five years through 2024. Glassmakers have endured a difficult period in recent years, starting with the pandemic, when operational disruption was compounded by the impact of lockdown measures on key downstream industrial markets to spur a reduction in output. Following the easing of pandemic-related restrictions, glassmakers reaped the rewards of the release of pent-up demand in downstream markets, though keeping pace with the sudden jump in demand remained a challenge. Such excesses in demand were symptomatic of the wider industry and the economy as a whole, with key raw materials proving harder to come by and energy prices spiking as natural gas reserves were depleted. Russia’s invasion of Ukraine has exacerbated cost increases, with soaring natural gas prices leading to significant price hikes among glassmakers in 2022 as they sought to maintain output amid unsustainable cost increases. Despite easing, cost pressures remain as the war in Ukraine rumbles, maintaining high prices. A widespread economic slowdown across the continent has added to difficulties faced by glassmakers, with the effects of reduced downstream industrial production activity damaging demand. Industry revenue is expected to drop by 2.7% in 2024. Demand conditions are likely to remain sluggish in the short term, albeit despite picking up as economic growth slowly gathers pace. Revenue is forecast to rise at a compound annual rate of 3.3% to £85.2 billion over the five years through 2029. Natural gas prices will remain high and potentially volatile until the Russia-Ukraine is resolved, threatening to plunge glassmakers back into crisis. More stringent building efficiency standards and efforts to tackle housing shortages in key downstream construction markets, including the UK, France and Germany, boost demand prospects from downstream construction markets.

Key information about Serbia Industrial Production Index Growth

• Serbia Industrial production rose 0.6 % YoY in May 2023, following an increase of 1.5 % YoY in the previous month.
• Serbia Industrial production index growth rate YoY data is updated monthly, available from Jan 2001 to May 2023, with an average rate of 1.9 %.
• The data reached an all-time high of 30.2 % in Apr 2021 and a record low of -20.3 % in Apr 2009.

CEIC calculates Industrial Production Index Growth from monthly Industrial Production Index. The Statistical Office of the Republic of Serbia provides Industrial Production Index with base 2022=100. Industrial Production Index Growth prior to January 2023 is calculated from Industrial Production Index with base 2021=100, prior January 2022 is calculated from Industrial Production Index with base 2020=100, prior to January 2021 is calculated from Industrial Production Index with base 2019=100, prior to January 2020 from Industrial Production Index with base 2018=100 and prior to January 2019 from Industrial Production Index with base 2017=100.

This statistic shows the share of economic sectors in the gross domestic product (GDP) in Serbia from 2013 to 2023. In 2023, the share of agriculture in Serbia's gross domestic product was 3.79 percent, industry contributed approximately 23.97 percent and the services sector contributed about 57.58 percent.

The Structural Metal Product Manufacturing industry is heavily reliant on the performance of its key markets, like the construction sector. From putting together frameworks for residential homes, offices and entertainment venues to manufacturing metal doors and windows, the output of this industry plays a key role in shaping Europe's urban landscape. As Europe's construction sector quickly regained momentum after the pandemic, manufacturers benefitted from , as well as pent-up demand for housing, both commercial and residential.Costruction activity tumbled once again in 2022 as Russia's invasion of Ukraine created more economic disruption and Europe was crippled by skyrocketing inflation. Beyond material costs, steep inflation, driven by energy price hikes and supply chain issues, led to greater operating expenses and higher borrowing costs for construction firms as key interest rates rose, too. Europe will see a moderate recovery and a slight uptake in construction activity in 2025, following a challenging few years. Therefore, over the five years through 2025, revenue is set to swell at a compound annual rate of 4.8% to €247.1 billion, including a 1.9% hike in 2025. Major construction projects, like France's Grand Paris Express metro project, have supported sales of structural steel products, offering a stable and steady stream of revenue. also have propped up demand for structural metal products, particularly prefabricated buildings, supporting revenue growth in the last five years. Looking ahead, the next five years look favourable for the industry. Metal structure manufacturers' revenue is forecast to creep upwards at a compound annual rate of 5.8% over the five years through 2030 to €327.4 billion. Investment in commercial construction and communications infrastructure is set to drive demand for metal structures like steel foundations and components used in building transmission towers. Furthermore, there is likely to be a strong demand for housing in Europe in the coming years. Government policies targeting residential construction, including France's social housing units plan and Spain's State Housing Plan, are also set to support revenue expansion.

Industrial design applications, resident, by count in Serbia was reported at 137 in 2021, according to the World Bank collection of development indicators, compiled from officially recognized sources. Serbia - Industrial design applications, resident, by count - actual values, historical data, forecasts and projections were sourced from the World Bank on July of 2025.

Serbia Industrial Production: Manufacturing (Mfg): Food & Beverages: Raw Leather data was reported at 1,616.000 Ton in 2016. This records an increase from the previous number of 1,060.000 Ton for 2015. Serbia Industrial Production: Manufacturing (Mfg): Food & Beverages: Raw Leather data is updated yearly, averaging 2,171.500 Ton from Dec 2003 (Median) to 2016, with 14 observations. The data reached an all-time high of 3,033.000 Ton in 2006 and a record low of 765.000 Ton in 2012. Serbia Industrial Production: Manufacturing (Mfg): Food & Beverages: Raw Leather data remains active status in CEIC and is reported by Statistical Office of the Republic of Serbia. The data is categorized under Global Database’s Serbia – Table RS.B007: Industrial Production.

Serbia Industrial Production: Mfg: Electrical Machinery: Parts for TV & Radio Apparatus data was reported at 20,512.000 kg in 2011. This stayed constant from the previous number of 20,512.000 kg for 2010. Serbia Industrial Production: Mfg: Electrical Machinery: Parts for TV & Radio Apparatus data is updated yearly, averaging 27,484.000 kg from Dec 2004 (Median) to 2011, with 8 observations. The data reached an all-time high of 42,952.000 kg in 2007 and a record low of 20,512.000 kg in 2011. Serbia Industrial Production: Mfg: Electrical Machinery: Parts for TV & Radio Apparatus data remains active status in CEIC and is reported by Statistical Office of the Republic of Serbia. The data is categorized under Global Database’s Serbia – Table RS.B007: Industrial Production.

Industry (including construction), value added (% of GDP) in Serbia was reported at 23.97 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Serbia - Industry, value added (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on June of 2025.

The Serbia Facility Management Market Report is Segmented by Service Type (Hard Services, Soft Services), Offering Type (In-House, Outsourced), End-User Industry (Commercial, Hospitality, Institutional and Public Infrastructure, Healthcare, Industrial and Process, Other End-User Industries), and by Geography. The Market Forecasts are Provided in Terms of Value (USD).

Serbia Exports of industrial or laboratory furnaces and ovens, non-electric to Italy was US$37.96 Thousand during 2023, according to the United Nations COMTRADE database on international trade. Serbia Exports of industrial or laboratory furnaces and ovens, non-electric to Italy - data, historical chart and statistics - was last updated on June of 2025.

Serbia Exports of industrial or laboratory furnaces and ovens, non-electric to Turkey was US$923.59 Thousand during 2023, according to the United Nations COMTRADE database on international trade. Serbia Exports of industrial or laboratory furnaces and ovens, non-electric to Turkey - data, historical chart and statistics - was last updated on June of 2025.

Serbia Exports of industrial or laboratory furnaces and ovens, non-electric to Austria was US$9.89 Thousand during 2023, according to the United Nations COMTRADE database on international trade. Serbia Exports of industrial or laboratory furnaces and ovens, non-electric to Austria - data, historical chart and statistics - was last updated on July of 2025.