Industrial Production in Serbia
The Serbian economy recorded an average industrial production growth rate of 2.3% in the decade to 2024. In 2024, industrial production growth was 2.9%. For more industry information, visit our dedicated page.
Serbia Industry Chart
Note: This chart displays Industrial Production (annual variation in %) for Serbia from 2014 to 2025.
Source: Macrobond.
Serbia Industry Data
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Industrial Production (ann. var. %) | 6.1 | 1.6 | 2.4 | 2.9 | 1.0 |
Industrial production speeds up in June
Latest reading: Industrial production rose 0.8% on a year-on-year basis in June, following 0.3% growth in the prior month. Relative to the previous month's figures, the reading for manufacturing improved in June (+2.8% on a year-on-year basis vs +1.6% in May). In contrast, the reading for mining and quarrying worsened in June (-1.1% vs +3.0% in May). On a seasonally adjusted month-on-month basis, industrial production declined 0.4% in June, following a 1.6% decline in the prior month.
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Serbian industry projections for the next ten years from a panel of 8 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable industry forecast available for Serbian industry.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Serbian industry projections.
Want to get access to the full dataset of Serbian industry forecasts? Send an email to info@focus-economics.com.
Latest Global Industrial production News
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Italy: Industrial production falls at a faster clip in June Latest reading: Industrial production was down 1.0% on a seasonally adjusted month-on-month basis in June, following a 0.3% drop in... -
Austria: Industrial production recovers in June Latest reading: Industrial production rose 0.5% on a seasonally adjusted month-on-month basis in June, following a 0.3% fall in the... -
Argentina: Manufacturing production rebounds in June Latest reading: Manufacturing production rose 2.0% on a year-on-year basis in June, following a 5.6% drop in the previous month....