wiiw Forecast Reports
SERBIA: Investment surge driving growth
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in: Uncertainty in Turbulent Times
wiiw Forecast Report No. Spring 2020, March 2020 , pp. 135-138
The Serbian economy is performing strongly, and after a robust 2019 outturn we have made an upward revision to our 2020 forecast. Growth is being driven above all by strong private consumption and investment, the latter supported by the construction of the TurkStream gas pipeline and FDI inflows. The outlook for regional stability is more positive after intensive US mediation, but the upcoming parliamentary election could mean somewhat higher domestic political risk.
Reference to wiiw databases: wiiw Annual Database, wiiw Monthly Database
Countries covered: Serbia