This year growth will be negative due to the continuous decrease of consumption and slow if any recovery of investments. Exports will continue to contribute to growth, albeit at a slowing pace. In the medium term, the pressure of prolonged fiscal consolidation will impede recovery.

map Serbia
Main Economic Indicators201120122013201420152016
Population, 1000 persons.723471997164...
GDP, real change in %1.6-1.52.5-
GDP per capita (EUR at PPP)890090009300...
Gross industrial production, real change in %2.5-2.26.3...
Unemployment rate - LFS, in %, average23.023.922.
Average gross monthly wages, EUR517508537...
Consumer prices, % p.a.
Fiscal balance in % of GDP-5.0-6.6-5.0...
Public debt in % of GDP48.559.863.7...
Current account in % of GDP-9.1-10.7-5.0-6.0-6.0-6.0
FDI inflow, EUR mn1949284779...
Gross external debt in % of GDP76.786.980.8...

Basic data are continuously updated.

* Forecasts are changed beginning of March, July and November.
See Press Conferences.


Monthly Report No. 7-8/2014

Vasily Astrov, Rumen Dobrinsky, Vladimir Gligorov, Doris Hanzl-Weiss, Peter Havlik, Mario Holzner, Gabor Hunya, Michael Landesmann, Sebastian Leitner, Leon Podkaminer, Sandor Richter and Hermine Vidovic
wiiw Monthly Report No. 7-8, July 2014
23 pages including 1 Table and 2 Figures


SERBIA: Early elections, then reforms

Vladimir Gligorov
in: Investment to the Rescue
wiiw Forecast Report No. Spring 2014, March 2014 , pp. 81-82
Details and Buy