Association of Transport

The total gross value added (GVA) generated by Transport sector was around 2.8 billion EUR in 2023, which is the 4.3% of total GVA of the country and 3.7% of Serbia’s GDP. Observed by activities, around 1.7 billion EUR created by land transport and transport via pipelines (61.7%) and 841.0 million EUR by warehousing and support activities for transportation (30.3%). The other activities have a negligible contribution. From 2017 to 2020, GVA share of transport in total GVA and GDP of the Republic of Serbia shows downward trend, and from the 2020 to 2023 shows there is an increase in trend.

Export of transport services in 2024 amounted to 2.3 billion EUR which is the 16.3% of total export but export of these products is a bit lower than previous year by 0.7%. This sector is hiring 111.8 thousand of workers (4.8% of total employment) while the most are employed in land transport and transport via pipelines (81.0 thousand). In Transport activities in 2024 was operating 9.2 thousand of active companies and 31.7 thousand of entrepreneurs which is in total nearly 40.9 thousand.

ANNUAL BULLETINS
Association of Transport, 2023

Share of GVA by Transport sector in total GVA and GDP (in %)