wiiw Forecast Reports

SERBIA: Investment surge driving growth


Richard Grieveson

in: Uncertainty in Turbulent Times
wiiw Forecast Report No. Spring 2020, March 2020 , pp. 135-138

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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