external gap

Serbia’s Current Account Deficit Reaches €3.48 Billion

In the first eleven months of 2025, Serbia reported a current account deficit of €3.48 billion, marking a 13.1% increase compared to the same period in the previous year. This figure highlights ongoing challenges within the country's macroeconomic framework, characterized by robust export growth alongside significant reliance on imports and external financing. The widening deficit is primarily attributed to the merchandise trade balance, which recorded a goods deficit of €5.706 billion during the same timeframe. Despite this figure representing a…