Nominal Labour productivity by NUTS 2 region in Serbia

Serbia: Nominal Labour productivity by NUTS 2 region was 24,700 in 2024. ▲ Rising

Latest (2024)
24,700
Change on year
up 11.3%
World rank
26th
of 27 countries
All-time high
24,700
in 2024
All-time low
4,000
in 2001
Years of data
25
2000–2024

Nominal Labour productivity by NUTS 2 region in Serbia, 2000–2024

5.0k10.0k15.0k20.0k25.0k2000201220242000: 7.8k2001: 4.0k2002: 5.1k2003: 5.7k2004: 5.9k2005: 6.2k2006: 7.4k2007: 9.3k2008: 10.5k2009: 9.8k2010: 9.7k2011: 11.1k2012: 10.5k2013: 11.7k2014: 11.4k2015: 11.4k2016: 11.6k2017: 12.3k2018: 13.3k2019: 14.3k2020: 14.7k2021: 16.6k2022: 18.8k2023: 22.2k2024: 24.7k

Source: Eurostat.

Analysis

Serbia recorded 24,700 for nominal labour productivity by nuts 2 region in 2024. That is the highest value across all 25 years on record.

The figure is up 11.3% on the previous year and up 116.7% over ten years.

Over the whole period, nominal labour productivity by nuts 2 region in Serbia peaked at 24,700 in 2024 and was at its lowest, 4,000, in 2001.

Serbia ranks 26th of 27 countries on this measure, in the bottom quarter.

The long-run direction has been consistently rising across the 25 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
2000s 7,170 4,000 10,500 10
2010s 11,730 9,700 14,300 10
2020s 19,400 14,700 24,700 5

Countries ranked near Serbia

  1. 23 Hungary 43,000 compare
  2. 24 Romania 41,000 compare
  3. 25 Bulgaria 29,800 compare
  4. 27 North Macedonia 19,800 compare

See the full ranking of 355 places →

More work & labour data for Serbia

All data for Serbia →

Frequently asked questions

What is nominal labour productivity by nuts 2 region in Serbia?
Nominal labour productivity by nuts 2 region in Serbia was 24,700 in 2024, according to Eurostat.
What is the highest nominal labour productivity by nuts 2 region recorded in Serbia?
The highest recorded value was 24,700 in 2024.
What is the lowest nominal labour productivity by nuts 2 region recorded in Serbia?
The lowest recorded value was 4,000 in 2001.
How does Serbia rank for nominal labour productivity by nuts 2 region?
Serbia ranks 26th out of 27 countries with data for 2024.
Is nominal labour productivity by nuts 2 region rising or falling in Serbia?
Over the last ten years it is up 116.7%. The long-run trend across the full record is rising.
Where does this Serbia data come from?
The figures come from Eurostat, published as part of Nominal Labour productivity by NUTS 2 region. Statizoid updates them automatically from the source API.

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About this data

Indicator
Nominal Labour productivity by NUTS 2 region
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
355 places, 8,722 data points, 2000–2024
Last refreshed