capital markets

Serbia’s Foreign Direct Investment Drops 22% as Portfolio Inflows Reach €4.41 Billion

Serbia recorded a 22% annual decline in gross foreign direct investment (FDI) to €1.73 billion during January–August 2026, while net portfolio investment inflows reached €4.41 billion, according to the National Bank of Serbia (NBS). The figures indicate a shift in the country's external financing structure, with international securities markets playing a larger role as direct investment weakens. Portfolio investment reversed a €879 million net outflow recorded during the corresponding period of 2025, representing an improvement of approximately €5.29 billion in…