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Association of Energy and Mining

In 2022, the Energy and Mining sector generated a total Gross Value Added (GVA) of approximately 4.6 billion EUR, accounting for 9.1% of the country's total GVA and 7.7% of Serbia's GDP. Electricity, gas, and steam activities contributed around 1.7 billion EUR (35.9%), while mining of metal ores contributed around 1.0 billion EUR (22.4%). The remaining activities had a lower contribution. The GVA share of Energy and Mining in the total GVA and GDP of the Republic of Serbia has shown an upward trend from 2020 to 2022.

In 2023, the export of energy and mining products amounted to 6.4 billion EUR, which is 22.2% of the total exports. Compared to the previous year, exports of these products have increased by 4.9%. The Energy and Mining sector employs 86.8 thousand workers, accounting for 3.8% of total employment. Most workers are employed in manufacturing electrical equipment (26.5 thousand) and electricity, gas, and steam (24.7 thousand). As of 2023, there were 2.3 thousand active companies and 456 entrepreneurs in the Energy and Mining sector, totaling nearly 2.8 thousand.

Here's also a clearer table of the Share of GVA by Energy and Mining in total GVA and GDP (in %):

Share of GVA by Energy and Mining in Total GVA (in %)

Foreign Trade (in EUR billion)

Active Companies and Entrepreneurs in Energy and Mining

Employment in Energy and Mining by Activities (CA 2010)

Industrial Production Indices in the Period 2018-2022, Compared to the Averages of Previous Year

Sales of Energy and Mining by Activities (CA 2010), in 000 EUR

For more information about economic analysis from this industry and our other activities, please contact Association for energy and mining on email energetika@pks.rs