Serbia - Agriculture, value added (constant LCU)

The value for Agriculture, value added (constant LCU) in Serbia was 319,086,000,000 as of 2020. As the graph below shows, over the past 25 years this indicator reached a maximum value of 319,086,000,000 in 2020 and a minimum value of 228,931,000,000 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 constant local currency.

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

Year Value
1995 228,931,000,000
1996 247,051,000,000
1997 263,842,000,000
1998 261,137,000,000
1999 261,033,000,000
2000 232,910,000,000
2001 274,392,000,000
2002 259,636,000,000
2003 241,845,000,000
2004 287,717,000,000
2005 273,635,000,000
2006 273,074,000,000
2007 251,659,000,000
2008 273,225,000,000
2009 275,442,000,000
2010 274,378,000,000
2011 276,899,000,000
2012 229,870,000,000
2013 278,158,000,000
2014 283,589,000,000
2015 289,704,000,000
2016 311,289,000,000
2017 275,824,000,000
2018 317,515,000,000
2019 312,273,000,000
2020 319,086,000,000

Base Period: varies by country

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