The World Bank In Serbia

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The World Bank In Serbia

Serbia has passed through a period of dramatic change, managing a rapidly evolving political and economic environment. Today, Serbia is a candidate country for the European Union membership, reflecting the significant progress made so far in structural and institutional reforms.

Featured

Economic report

Recession due to COVID-19 pandemic

The Western Balkans region is expected to enter a recession in 2020, due to impacts of the COVID-19 (Coronavirus) pandemic.

Coronavirus

The World Bank Group and COVID-19

How we are coordinating with partners and supporting countries to manage the global pandemic.

Economic Report

Serbia: New Growth Agenda

Serbian economy needs to grow faster than the current growth rate of 3-4% annually for the country to catch up with peers in EU.

Serbia At-A-Glance

The global financial crisis exposed the structural weaknesses in Serbia’s economic growth model and prompted the need for fiscal consolidation and an acceleration of the unfinished transition to a market economy. The rapid growth experienced by Serbia during 2001–08 was driven mainly by domestic consumption and led to significant internal and external imbalances that proved to be unsustainable.

Overview

Data

Project

Serbia: Corridor X Highway

The largest ever World Bank loan to Serbia will help complete the missing links on the Pan-European Corridor X Highway to fully utilize the country's geographic position.

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Research

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report

Serbia: Systematic Country Diagnostic Update

Regional Economic Report

Western Balkans Regular Economic Report

Doing Business

Doing Business 2020: Serbia

Profile

Disaster Risk Profiles for Serbia

Growth projections in the Western Balkans region for 2018 have been revised upward and are now estimated to reach 3.5%. Growth was stimulated by higher public investment and consumption, while countries with higher growth rates boosted them mostly by investment and exports. Over 90,000 jobs were created in the first half of 2018, with new employment mostly in industry and services.

Kosovo and Albania are expected to grow at 4% this year. At 3.8%, Montenegro’s growth is projected to be 1 percentage point higher, although still lower than last year. Growth in Bosnia and Herzegovina continues to be stable at an estimated 3.2%. Serbia’s economy has rebounded to 3.5% growth after last year’s weather-related slowdown. North Macedonia’s growth also rebounded to 2.5%, as investor confidence was Restored.