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Association of Energy and Mining

The total gross value added (GVA) generated by Energy and mining was around 3.0 billion EUR in 2020, which is 7.7 % of the total GVA of the country and 6.6% of Serbia’s GDP. Observed by activities, nearly 1.5 billion EUR was created by electricity, gas, and steam (51%) and 431.7 million EUR by the mining of coal and lignite (15%). The other activities have a lower contribution. From 2016 to 2020, the GVA share of energy and mining in total GVA and GDP of the Republic of Serbia shows a downward trend.

Export of energy and mining products in 2021 amounted to 3.6 billion EUR which is 16.4% of total export and export of these products are much higher in comparison to the previous year (by 59.4%). Energy and mining are hiring 86.3 thousand workers (3.9% of total employment) while the most are employed in manufacturing electrical equipment (29.3 thousand) and electricity, gas, and steam (25.3 thousand). In energy and mining in 2021 was operating 2.1 thousand active companies and 430 entrepreneurs which is in total nearly 2.5 thousand. 

Share of GVA by Energy and Mining in Total GVA and GDP (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 2016-2020, 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