GERD by sector of performance and type of R&D in Serbia

Serbia: GERD by sector of performance and type of R&D was 773.63 Million euro in 2024. ▲ Rising

Latest (2024)
773.63 Million euro
Change on year
up 17.1%
World rank
44th
of 52 countries
All-time high
773.63 Million euro
in 2024
All-time low
221.54 Million euro
in 2010
Years of data
16
2009–2024

GERD by sector of performance and type of R&D in Serbia, 2009–2024

2004006008002009201620242009: 265.5 Million euro2010: 221.5 Million euro2011: 242.1 Million euro2012: 287.3 Million euro2013: 249 Million euro2014: 256.5 Million euro2015: 289.8 Million euro2016: 308.3 Million euro2017: 342.3 Million euro2018: 394.1 Million euro2019: 407.9 Million euro2020: 424 Million euro2021: 530.1 Million euro2022: 583.8 Million euro2023: 660.4 Million euro2024: 773.6 Million euro

Source: Eurostat. Measured in Million euro.

Analysis

The most recent figure for gerd by sector of performance and type of r&d in Serbia is 773.63 Million euro, measured in 2024. That is the highest value across all 16 years on record.

The figure is up 17.1% on the previous year and up 201.7% over ten years.

Over the whole period, gerd by sector of performance and type of r&d in Serbia peaked at 773.63 Million euro in 2024 and was at its lowest, 221.54 Million euro, in 2010.

That places Serbia 44th out of 52 countries with data for 2024, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 16 years of available data.

GERD by sector of performance and type of R&D in Serbia, year by year

Annual values for GERD by sector of performance and type of R&D in Serbia, 2009 to 2024.
Year Million euro Change
2009 265.51 Million euro —
2010 221.54 Million euro -16.6%
2011 242.12 Million euro +9.3%
2012 287.34 Million euro +18.7%
2013 249.04 Million euro -13.3%
2014 256.46 Million euro +3.0%
2015 289.82 Million euro +13.0%
2016 308.29 Million euro +6.4%
2017 342.28 Million euro +11.0%
2018 394.14 Million euro +15.2%
2019 407.92 Million euro +3.5%
2020 423.95 Million euro +3.9%
2021 530.14 Million euro +25.0%
2022 583.82 Million euro +10.1%
2023 660.41 Million euro +13.1%
2024 773.63 Million euro +17.1%

Serbia compared with similar countries

  • Serbia's 773.63 Million euro is below the median for Europe & Central Asia, which is 5,020 Million euro, 15% of the median. (35 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
2000s 265.51 Million euro 265.51 Million euro 265.51 Million euro 1
2010s 299.89 Million euro 221.54 Million euro 407.92 Million euro 10
2020s 594.39 Million euro 423.95 Million euro 773.63 Million euro 5

Countries ranked near Serbia

  1. 41 Bulgaria 804.86 Million euro compare
  2. 42 Estonia 791.06 Million euro compare
  3. 42 Estonia 791.06 Million euro compare
  4. 45 Iceland 757.42 Million euro compare
  5. 46 Latvia 382.98 Million euro compare
  6. 47 Latvia 372.64 Million euro compare

See the full ranking of 56 places →

More science & technology data for Serbia

All data for Serbia →

Frequently asked questions

What is gerd by sector of performance and type of r&d in Serbia?
Gerd by sector of performance and type of r&d in Serbia was 773.63 Million euro in 2024, according to Eurostat.
What is the highest gerd by sector of performance and type of r&d recorded in Serbia?
The highest recorded value was 773.63 Million euro in 2024.
What is the lowest gerd by sector of performance and type of r&d recorded in Serbia?
The lowest recorded value was 221.54 Million euro in 2010.
How does Serbia rank for gerd by sector of performance and type of r&d?
Serbia ranks 44th out of 52 countries with data for 2024.
Is gerd by sector of performance and type of r&d rising or falling in Serbia?
Over the last ten years it is up 201.7%. 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 GERD by sector of performance and type of R&D. Statizoid updates them automatically from the source API.

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GERD by sector of performance and type of R&D in Serbia. Statizoid, drawing on Eurostat. Retrieved 15 October 2026, from https://science-tech.statizoid.com/stat/gerd-by-sector-of-performance-and-type-of-r-and-d/serbia/

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About this data

Indicator
GERD by sector of performance and type of R&D
Unit
Million euro
Source
Eurostat
Licence
CC BY 4.0 (Eurostat)
Coverage
56 places, 1,830 data points, 1980–2024
Last refreshed