wiiw Forecast Reports

SERBIA: Investment is the key


Vladimir Gligorov

in: Mixed Prospects: Consumption Leads Fragile Recovery in the CESEE Core – CIS Stumbles
wiiw Forecast Report No. Autumn 2015, November 2015 , pp. 118-120

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Growth will stabilise in the course of the current year, the upside risks to the forecast being the country’s weak performance in the latter half of the previous year. Growth prospects should improve at a moderate pace in the medium term. Assuming that political stability is assured and reforms are sustained over that period, adjustment of the main GDP components, in tandem with a relatively strong investment performance and continued export growth, should allow on average for real GDP growth in the order of 3% for the next five years or so.


Reference to wiiw databases: wiiw Annual Database, wiiw Monthly Database

Countries covered: SEE, Serbia