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Serbia At-A-Glance

Relatively strong growth in 2024 was driven by a recovery of private sector consumption and investment. Net exports made a small negative contribution to growth due to lower-than-expected export growth, as external demand weakened, and imports remained at a high level. Manufacturing remained resilient to external developments, with output growing 3.1% YoY. Labor market indicators continued to improve. The unemployment rate averaged 8.6% in 2024, and the employment rate reached a record high 51.4%. 

 

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The World Bank

Serbia: Scaling Up Residential Clean Energy Project

Investments in energy efficiency, sustainable heating, and rooftop solar photovoltaics by households will help Serbia advance its strategic goal to decarbonize the economy and include more citizens in the energy transition.

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Open Data On selection, change the data Economic Outlook for the Western Balkans

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    The World Bank
    Xiaoqing Yu

    Division Director for the Western Balkans

    Nicola Pontara
    Nicola Pontara

    Country Manager for Serbia

    Olivera Jordanovic
    Olivera Jordanović

    Senior Land Administration Specialist, ECA

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    Belgrade, Serbia
    Bulevar Kralja Aleksandra 86
    11000 Belgrade, Serbia
    +381 11 30 23 700