Serbia - Agriculture, value added (current LCU)

The value for Agriculture, value added (current LCU) in Serbia was 349,004,000,000 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 349,004,000,000 in 2020 and a minimum value of 9,781,500,000 in 1995.

Definition: Agriculture corresponds to ISIC divisions 1-5 and includes forestry, hunting, and fishing, as well as cultivation of crops and livestock production. Value added is the net output of a sector after adding up all outputs and subtracting intermediate inputs. It is calculated without making deductions for depreciation of fabricated assets or depletion and degradation of natural resources. The origin of value added is determined by the International Standard Industrial Classification (ISIC), revision 3 or 4. Data are in current local currency.

Source: World Bank national accounts data, and OECD National Accounts data files.

Year Value
1995 9,781,500,000
1996 20,798,800,000
1997 25,518,100,000
1998 32,273,800,000
1999 41,643,200,000
2000 74,138,400,000
2001 127,074,000,000
2002 107,688,000,000
2003 104,679,000,000
2004 130,192,000,000
2005 124,467,000,000
2006 148,693,000,000
2007 154,414,000,000
2008 216,526,000,000
2009 219,799,000,000
2010 214,618,000,000
2011 268,939,000,000
2012 245,164,000,000
2013 305,555,000,000
2014 293,980,000,000
2015 289,704,000,000
2016 308,422,000,000
2017 286,315,000,000
2018 321,765,000,000
2019 322,840,000,000
2020 349,004,000,000

Periodicity: Annual

General Comments: Note: Data for OECD countries are based on ISIC, revision 4.

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: National accounts