wiiw Forecast Reports
SERBIA: Back to reality
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in: Braced for Fallout from Global Slowdown
wiiw Forecast Report No. Autumn 2019, November 2019 , pp. 110-113
After posting comfortably its strongest real GDP increase for a decade in 2018, the Serbian economy has adjusted back to a more muted growth path, and should expand by just under 3% this year. Growth of 2.5-3% is likely during the rest of the forecast period, with the government set to remain focussed on FDI-driven investment. Political tensions in the region are rising, but would have to get much worse to constitute a significant downside risk to the economy.
Reference to wiiw databases: wiiw Annual Database, wiiw Monthly Database
Countries covered: Serbia