wiiw Current Analyses and Forecasts
Serbia: Slow and unbalanced recovery
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in: Recovery: Limp and Battered
wiiw Current Analyses and Forecasts No. 8, July 2011 , pp. 107-109
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In Serbia GDP growth this year is expected to be 2.5%. Next year, it should accelerate to 3%. An inflation rate of more than 10% has raised concerns as to stability. Much will depend on the outcome of the general elections next year. Social pressures and unrest usually accelerate in the run-up to the elections; they have already become more than apparent. It is also expected that negotiations on EU membership will start next year: something that should have a stabilizing effect.
Reference to wiiw databases: wiiw Annual Database, wiiw Monthly Database
Countries covered: SEE, Serbia