wiiw Forecast Reports

SERBIA: The good results continue, but a trinity of headwinds is looming

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Branimir Jovanović

in: Recovery Beating Expectations
wiiw Forecast Report No. Autumn 2021, October 2021 , pp. 106-109

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Firm government support and effective vaccine roll-out in the first half of the year have helped the Serbian economy offset the losses brought about by the pandemic. We are upgrading our GDP forecast for 2021 to 6.6%, from 6%. There are three issues that could potentially slow growth down in the coming period: the global problems in the automotive industry, the fiscal consolidation announced by the government and the recent political tensions in the region.

 

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

Countries covered: Serbia


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