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.

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Western Balkans: Resilience Despite Slowing Growth and Continued Price Rises

The regional economies have shown resilience despite significant economic headwinds. The outlook remains subdued, with GDP growth expected to moderate to 2.6 percent in 2023.
Spring 2023

Regional Economic Update

Economic activity in the Europe and Central Asia region is likely to remain subdued this year, expected to grow by 1,4% in 2023.
new project

Serbia Pursues Better Public Financial Management and Green Transition

The new program aims to strengthen core public financial management functions and enhance institutional capacities for achieving a green transition, with World Bank support.

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Serbia At-A-Glance

Serbia rebounded strongly from the impact of the global pandemic, with growth reaching 7.4 percent in 2021. However, several domestic and international factors have caused an economic slowdown in 2022. Structural reforms are needed to bring the economy back to sustained growth, boost jobs and incomes, and strengthen resilience to shocks – while gradually transitioning to a greener development trajectory.

Overview

Data

Project

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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