wiiw Forecast Reports
SERBIA: On the crest of a wave
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in: Strong Growth Amid Increased Negative Risks
wiiw Forecast Report No. Autumn 2018, November 2018 , pp. 126-129
Current economic growth and the near-term outlook are as good as has been the case at any time since the global financial crisis a decade ago. A combination of FDI inflows and private consumption are likely to remain the key growth drivers. The economy continues to face challenges, although efforts to bring down public debt and clean up the banking sector have been partly successful. Over the medium term, growth will trend down towards 3%, implying very slow convergence with Western Europe.
Reference to wiiw databases: wiiw Annual Database, wiiw Monthly Database
Countries covered: Serbia