Value Added (Manufacture of food and beverages) — Ratio of Value in Serbia
Serbia: Value Added (Manufacture of food and beverages) — Ratio of Value was 0.4514 in 2022. ▼ Falling
Value Added (Manufacture of food and beverages) — Ratio of Value in Serbia, 2002–2022
Source: Food and Agriculture Organization of the United Nations.
Analysis
The most recent figure for value added (manufacture of food and beverages) — ratio of value in Serbia is 0.4514, measured in 2022.
Compared with earlier readings it is up 1.2% on the previous year and down 33.0% over ten years.
Over the whole period, value added (manufacture of food and beverages) — ratio of value in Serbia peaked at 0.8565 in 2005 and was at its lowest, 0.4461, in 2021.
Serbia ranks 24th of 44 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 21 years of available data.
Value Added (Manufacture of food and beverages) — Ratio of Value in Serbia, year by year
| Year | Value | Change |
|---|---|---|
| 2002 | 0.6793 | — |
| 2003 | 0.7378 | +8.6% |
| 2004 | 0.7095 | -3.8% |
| 2005 | 0.8565 | +20.7% |
| 2006 | 0.7969 | -7.0% |
| 2007 | 0.8147 | +2.2% |
| 2008 | 0.6676 | -18.1% |
| 2009 | 0.6281 | -5.9% |
| 2010 | 0.6679 | +6.3% |
| 2011 | 0.5804 | -13.1% |
| 2012 | 0.6737 | +16.1% |
| 2013 | 0.4954 | -26.5% |
| 2014 | 0.5282 | +6.6% |
| 2015 | 0.549 | +3.9% |
| 2016 | 0.5364 | -2.3% |
| 2017 | 0.5759 | +7.4% |
| 2018 | 0.4989 | -13.4% |
| 2019 | 0.4781 | -4.2% |
| 2020 | 0.4662 | -2.5% |
| 2021 | 0.4461 | -4.3% |
| 2022 | 0.4514 | +1.2% |
Serbia compared with similar countries
- Serbia's 0.4514 is below the median for upper middle income countries, which is 0.4645, 97% of the median. (20 countries reporting)
- Serbia's 0.4514 is below the median for Europe & Central Asia, which is 0.4645, 97% of the median. (12 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 0.7363 | 0.6281 | 0.8565 | 8 |
| 2010s | 0.5584 | 0.4781 | 0.6737 | 10 |
| 2020s | 0.4546 | 0.4461 | 0.4662 | 3 |
Countries ranked near Serbia
More environment data for Serbia
- Historical exposure to drought — Land soil moisture anomaly -4.51 Percentage change (2025)
- Historical exposure to drought — Cropland soil moisture anomaly -4.72 Percentage change (2025)
- Standard Deviation, annual growth rate 0 % change on previous year (2025)
- Standard Deviation 0.594 °C (2025)
- Temperature change 2.12 °C (2025)
- Cooling Degree Days, annual growth rate 54.51 % change on previous year (2024)
- Heating Degree Days, gaps filled 4,427 (2024)
- Heating Degree Days, per unit of GDP 0 units per US$ of GDP (2024)
- Heating Degree Days, per capita 0.0007 units per person (2024)
- Value Added Deflator (Agriculture, forestry and fishery) — Value -1.13 % change on previous year (2024)
Frequently asked questions
- What is value added (manufacture of food and beverages) — ratio of value in Serbia?
- Value added (manufacture of food and beverages) — ratio of value in Serbia was 0.4514 in 2022, according to Food and Agriculture Organization of the United Nations.
- What is the highest value added (manufacture of food and beverages) — ratio of value recorded in Serbia?
- The highest recorded value was 0.8565 in 2005.
- What is the lowest value added (manufacture of food and beverages) — ratio of value recorded in Serbia?
- The lowest recorded value was 0.4461 in 2021.
- How does Serbia rank for value added (manufacture of food and beverages) — ratio of value?
- Serbia ranks 24th out of 44 countries with data for 2022.
- Is value added (manufacture of food and beverages) — ratio of value rising or falling in Serbia?
- Over the last ten years it is down 33.0%. The long-run trend across the full record is falling.
- Where does this Serbia data come from?
- The figures come from Food and Agriculture Organization of the United Nations, published as part of Value Added (Manufacture of food and beverages) — Ratio of Value Added (Agriculture, Forestry and Fishing) Standard Local Currency. Statizoid updates them automatically from the source API.
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About this data
The FAOSTAT Macro Indicators database provides a selection of country-level macro indicators relating to total economy (Gross Domestic Product, Gross Fixed Capital Formation); agriculture activity; agriculture, forestry and fishing activity; total manufacturing activity; manufacturing of food products and beverages activity; manufacturing activity of tobacco products; and manufacturing activity of food, beverage and tobacco products.It releases time series for a selection of National Accounts variables, including gross domestic product, gross fixed capital formation, industry-level value added and gross output. The database also proposes additional indicators such as gross domestic product per capita, year-on-year growth rates and measures of industry contribution to gross domestic product. All data relating to Gross Domestic Product, Gross Fixed Capital Formation, agriculture, forestry and fishing activity, and to total manufacturing activity originates from the United Nations Statistics Division (UNSD) National Accounts Estimates of Main Aggregates database, which consists of a complete and consistent set of time series of the main National Accounts aggregates of all UN Members States and other territories in the world for which National Accounts information is available. The UNSD database's content is based on the countries' official National Accounts data reported to UNSD through the annual National Accounts Questionnaire, supplemented with data estimates for any years and countries with incomplete or inconsistent information (See http://unstats.un.org/unsd/snaama/Introduction.asp). Data series relating to the sub-industry Agriculture activity are obtained from the UNSD national accounts Official Country Data databases while series on the Manufacturing activity of food and beverages products, manufacturing activity of tobacco products and manufacturing activity of food, beverages and tobacco products originates from the United Nations Industrial Development Organization (UNIDO) INDSTAT2 database. In order to ensure that sub-industry series are consistent in levels with National Accounts based series, which is needed to support comparability across industries (agriculture vs. agro-industry and sub-industries), UNIDO originating series are rescaled on UNSD National Accounts Estimates of Main Aggregates data series (See Section 17.5 for a more detailed description of the data processing steps).