export

Serbia Narrows Current-Account Deficit as Exports and Services Strengthen External Position

Serbia's external position improved substantially in the first half of 2026, with stronger goods exports and continued services earnings helping to reduce the country's current-account deficit. The current-account deficit fell by approximately 30% year on year to around €1.4 billion during the first six months of the year. The reduction was supported by a smaller merchandise trade deficit, while the country's services surplus continued to generate a significant source of net foreign income. Goods and services improve external balance Serbia…