Association of Energy and Mining

The total gross value added (GVA) generated by Energy and mining was around 4.9 billion EUR in 2024, which is the 7.0 % of total GVA of the country and 5.9% of Serbia’s GDP. Observed by activities, nearly 1.5 billion EUR created by mining of metal ores (30.3%) and 1.3 billion EUR by electricity, gas, steam and air conditioning supply (27.3%). The other activities have a lower contribution. From 2020 to 2022, GVA share of energy and mining in total GVA and GDP of the Republic of Serbia shows upward trend, but from 2023 line shows declining trend.

Export of energy and mining products in 2025 amounted to 6.2 billion EUR which is the 18.7% of total export and export of these products are higher compared with the previous year (by 11.1%). Energy and mining are hiring 83.0 thousand of workers (3.6% of total employment) while the most are employed in electricity, gas and steam (24.1 thousand) and manufacture of electrical equipment (22.9 thousand). In energy and mining in 2025 was operating 2.4 thousand of active companies and 467 entrepreneurs which is in total nearly 2.8 thousand. 

ANNUAL BULLETINS
Association of Energy and Mining, 2024
Association of Energy and Mining, 2023

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