Nominal Labour productivity by NUTS 2 region in Serbia
Serbia: Nominal Labour productivity by NUTS 2 region was 24,700 Euro in 2024. ▲ Rising
Nominal Labour productivity by NUTS 2 region in Serbia, 2000–2024
Source: Eurostat. Measured in Euro.
Analysis
Serbia recorded 24,700 Euro 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 Euro in 2024 and was at its lowest, 4,000 Euro, in 2001.
Serbia ranks 40th of 41 countries on this measure, in the bottom quarter.
The long-run direction has been consistently rising across the 25 years of available data.
Nominal Labour productivity by NUTS 2 region in Serbia, year by year
| Year | Euro | Change |
|---|---|---|
| 2000 | 7,800 Euro | — |
| 2001 | 4,000 Euro | -48.7% |
| 2002 | 5,100 Euro | +27.5% |
| 2003 | 5,700 Euro | +11.8% |
| 2004 | 5,900 Euro | +3.5% |
| 2005 | 6,200 Euro | +5.1% |
| 2006 | 7,400 Euro | +19.4% |
| 2007 | 9,300 Euro | +25.7% |
| 2008 | 10,500 Euro | +12.9% |
| 2009 | 9,800 Euro | -6.7% |
| 2010 | 9,700 Euro | -1.0% |
| 2011 | 11,100 Euro | +14.4% |
| 2012 | 10,500 Euro | -5.4% |
| 2013 | 11,700 Euro | +11.4% |
| 2014 | 11,400 Euro | -2.6% |
| 2015 | 11,400 Euro | +0.0% |
| 2016 | 11,600 Euro | +1.8% |
| 2017 | 12,300 Euro | +6.0% |
| 2018 | 13,300 Euro | +8.1% |
| 2019 | 14,300 Euro | +7.5% |
| 2020 | 14,700 Euro | +2.8% |
| 2021 | 16,600 Euro | +12.9% |
| 2022 | 18,800 Euro | +13.3% |
| 2023 | 22,200 Euro | +18.1% |
| 2024 | 24,700 Euro | +11.3% |
Serbia compared with similar countries
- Serbia's 24,700 Euro is below the median for Europe & Central Asia, which is 61,100 Euro, 40% of the median. (29 countries reporting)
Biggest year-on-year movements
Years where Nominal Labour productivity by NUTS 2 region in Serbia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2001 | -48.7% | 7,800 Euro | 4,000 Euro |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 7,170 Euro | 4,000 Euro | 10,500 Euro | 10 |
| 2010s | 11,730 Euro | 9,700 Euro | 14,300 Euro | 10 |
| 2020s | 19,400 Euro | 14,700 Euro | 24,700 Euro | 5 |
Countries ranked near Serbia
More work & labour data for Serbia
- Population - Est. & Proj. — Total Population - Both sexes, annual -0.7737 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Male, annual growth -0.7205 % change on previous year (2100)
- Population - Est. & Proj. — Total Population - Female, annual growth -0.8268 % change on previous year (2100)
- Population - Est. & Proj. — Rural population, annual growth rate -2.14 % change on previous year (2050)
- Population - Est. & Proj. — Urban population, annual growth rate 0.1128 % change on previous year (2050)
- Population - Est. & Proj. — Urban population 5,121 1000 No (2050)
- Population - Est. & Proj. — Rural population 2,326 1000 No (2050)
- Population - Est. & Proj. — Total Population - Female 1,850 1000 No (2100)
- Population - Est. & Proj. — Total Population - Male 1,852 1000 No (2100)
- Population - Est. & Proj. — Total Population - Both sexes 3,702 1000 No (2100)
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 Euro 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 Euro in 2024.
- What is the lowest nominal labour productivity by nuts 2 region recorded in Serbia?
- The lowest recorded value was 4,000 Euro in 2001.
- How does Serbia rank for nominal labour productivity by nuts 2 region?
- Serbia ranks 40th out of 41 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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