wiiw Forecast Reports
SERBIA: Improved outlook, but structural issues remain
in: The Crisis is Over, but its Scarring Effects are Hindering Recovery
wiiw Forecast Report No. Spring 2024, April 2024 , pp. 118-122
The decline in inflation is boosting real incomes and consumption, while the industrial sector appears to be coming back to life, after two challenging years. Foreign direct investment remains strong, as always, with a notable return of EU investors and the continued strong presence of the Chinese. Public investment is strong, too, lately focused on the upcoming EXPO 2027 in Belgrade. Although the economic conditions in the country have undoubtedly improved, we maintain that numerous structural issues will continue, limiting the potential for higher growth.
Reference to wiiw databases: wiiw Annual Database, wiiw Monthly Database
Countries covered: Serbia