Net Capital Stocks (Agriculture, Forestry and Fishing) — Value in Serbia

Serbia: Net Capital Stocks (Agriculture, Forestry and Fishing) — Value was 967,708 million SLC in 2023. ▲ Rising

Latest (2023)
967,708 million SLC
Change on year
up 2.7%
World rank
48th
of 179 countries
All-time high
967,708 million SLC
in 2023
All-time low
140,779 million SLC
in 2000
Years of data
24
2000–2023

Net Capital Stocks (Agriculture, Forestry and Fishing) — Value in Serbia, 2000–2023

200.0k400.0k600.0k800.0k1.0M2000201120232000: 140.8k million SLC2001: 267.7k million SLC2002: 318.9k million SLC2003: 342.4k million SLC2004: 380.4k million SLC2005: 424.3k million SLC2006: 466.2k million SLC2007: 476.5k million SLC2008: 508.8k million SLC2009: 542.6k million SLC2010: 580.5k million SLC2011: 612.6k million SLC2012: 654.5k million SLC2013: 659.9k million SLC2014: 670.3k million SLC2015: 696.7k million SLC2016: 702.1k million SLC2017: 719.1k million SLC2018: 740.1k million SLC2019: 761.7k million SLC2020: 761.5k million SLC2021: 821.4k million SLC2022: 941.8k million SLC2023: 967.7k million SLC

Source: Food and Agriculture Organization of the United Nations. Measured in million SLC.

Analysis

In 2023, net capital stocks (agriculture, forestry and fishing) — value in Serbia stood at 967,708 million SLC. That is the highest value across all 24 years on record.

Compared with earlier readings it is up 2.7% on the previous year and up 46.6% over ten years.

Over the whole period, net capital stocks (agriculture, forestry and fishing) — value in Serbia peaked at 967,708 million SLC in 2023 and was at its lowest, 140,779 million SLC, in 2000.

That places Serbia 48th out of 179 countries with data for 2023, putting it in the middle of the range.

The long-run direction has been consistently rising across the 24 years of available data.

Net Capital Stocks (Agriculture, Forestry and Fishing) — Value in Serbia, year by year

Annual values for Net Capital Stocks (Agriculture, Forestry and Fishing) — Value Standard Local Currency in Serbia, 2000 to 2023.
Year million SLC Change
2000 140,779 million SLC
2001 267,672 million SLC +90.1%
2002 318,854 million SLC +19.1%
2003 342,388 million SLC +7.4%
2004 380,437 million SLC +11.1%
2005 424,253 million SLC +11.5%
2006 466,153 million SLC +9.9%
2007 476,531 million SLC +2.2%
2008 508,811 million SLC +6.8%
2009 542,636 million SLC +6.6%
2010 580,532 million SLC +7.0%
2011 612,632 million SLC +5.5%
2012 654,493 million SLC +6.8%
2013 659,905 million SLC +0.8%
2014 670,257 million SLC +1.6%
2015 696,749 million SLC +4.0%
2016 702,063 million SLC +0.8%
2017 719,070 million SLC +2.4%
2018 740,117 million SLC +2.9%
2019 761,697 million SLC +2.9%
2020 761,506 million SLC -0.0%
2021 821,384 million SLC +7.9%
2022 941,827 million SLC +14.7%
2023 967,708 million SLC +2.7%

Averages by decade

DecadeAverage LowestHighest Years
2000s 386,851 million SLC 140,779 million SLC 542,636 million SLC 10
2010s 679,752 million SLC 580,532 million SLC 761,697 million SLC 10
2020s 873,106 million SLC 761,506 million SLC 967,708 million SLC 4

Countries ranked near Serbia

  1. 45 Congo 1.03 million million SLC compare
  2. 46 Egypt 1.00 million million SLC compare
  3. 47 Niger 987,972 million SLC compare
  4. 49 Haiti 827,393 million SLC compare
  5. 50 Nepal 735,634 million SLC compare
  6. 51 Mexico 728,669 million SLC compare

See the full ranking of 192 places →

More environment data for Serbia

All data for Serbia →

Frequently asked questions

What is net capital stocks (agriculture, forestry and fishing) — value in Serbia?
Net capital stocks (agriculture, forestry and fishing) — value in Serbia was 967,708 million SLC in 2023, according to Food and Agriculture Organization of the United Nations.
What is the highest net capital stocks (agriculture, forestry and fishing) — value recorded in Serbia?
The highest recorded value was 967,708 million SLC in 2023.
What is the lowest net capital stocks (agriculture, forestry and fishing) — value recorded in Serbia?
The lowest recorded value was 140,779 million SLC in 2000.
How does Serbia rank for net capital stocks (agriculture, forestry and fishing) — value?
Serbia ranks 48th out of 179 countries with data for 2023.
Is net capital stocks (agriculture, forestry and fishing) — value rising or falling in Serbia?
Over the last ten years it is up 46.6%. The long-run trend across the full record is rising.
Where does this Serbia data come from?
The figures come from Food and Agriculture Organization of the United Nations, published as part of Net Capital Stocks (Agriculture, Forestry and Fishing) — Value Standard Local Currency. Statizoid updates them automatically from the source API.

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Net Capital Stocks (Agriculture, Forestry and Fishing) — Value in Serbia. Statizoid, drawing on Food and Agriculture Organization of the United Nations. Retrieved 12 September 2026, from https://environment.statizoid.com/stat/net-capital-stocks-agriculture-forestry-and-fishing-value-standard-local-currency/serbia/

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About this data

Indicator
Net Capital Stocks (Agriculture, Forestry and Fishing) — Value Standard Local Currency
Unit
million SLC
Source
Food and Agriculture Organization of the United Nations
Licence
CC BY-NC-SA 3.0 IGO (FAO)
Coverage
192 places, 5,493 data points, 1995–2023
Last refreshed

As part of the FAO Agriculture Capital Stock (ACS) database, the Statistics Division of FAO publishes country-by-country data on physical investment in agriculture, forestry and fishing as measured by the System of National Accounts (SNA) concept of Gross Fixed Capital Formation (GFCF). Additional variables included in the ACS are Net and Gross Capital Stock, Consumption of Fixed Capital, the Agriculture Investment ratio, and the Gross Fixed Capital Formation Agriculture Orientation Index. The FAO Agriculture Capital Stock Database is an analytical database: whenever available, the database integrates official National Accounts data harvested from the UNSD National Accounts Main Aggregates Database (UNSD AMA) and the OECD Annual National Accounts Database (OECD ANA). The database is further supplemented by OECD Structural Analysis database (OECD STAN) and, in a few cases, data from country’s statistics websites. If the full set of official data is not available for any specific country, imputation methods are applied to obtain estimates over the complete time series. Many data points in ACS are estimated and are flagged as such; they do not represent official submissions by Member Countries. With a view of producing internationally comparable net capital stock estimates, the Perpetual Inventory Method (PIM) with a constant geometric depreciation rate is employed to impute missing data. The Perpetual Inventory Method is a well-established economic model to calculate Net Capital Stocks (NCS) and Consumption of Fixed Capital (CFC) from time series of Gross Fixed Capital Formation (GFCF). Specifically, annual measures of the NCS are obtained from cumulating historical series on physical investment flows and deducting the part of assets that are depreciated (the Consumption of Fixed Capital that occurs in every period). In order to implement the PIM, long time series on aggregate GFCF in agriculture, forestry and fishing is required.An attempt is made to rely as much as possible on National Accounts data published by the OECD and UNSD. When country data are partially or fully missing, econometric techniques to impute missing observations are employed. Depending on the pattern of data missingness for the countries, different imputation methods are applied (from among the ARIMAX, PANEL regression, and OLS approaches) for the data series from 1995 to 2022. The values of Agriculture Capital Stock related indicators for 2023, including Agriculture Investment Ratio, Agriculture Orientation Index, Net Capital Stock, Gross Fixed Capital Formation and Consumption of Fixed Capital, are estimated using the Holt-Winters (HW) method (Cipra et al., 1995). The HW method is an exponential smoothing method for forecasting the annual values of economic variables. In this context, the HW method relies on existing (historical) values of the Agriculture Capital Stock. The predicted value is an extrapolation of the historical values to the specified target date, which extends the timeline without considering seasonality in the annual series.All data series in the database are provided both in national currencies and in US dollars as well as in current prices and constant prices with base year 2015.