foreign capital

Serbia’s Inward FDI Falls 29% as Domestic Credit Gains Importance in Growth Financing

Foreign direct investment into Serbia declined significantly during the first half of 2026, while faster corporate lending and stronger economic growth point to a potentially changing mix of financing for domestic investment. Balance-of-payments data show direct-investment liabilities of about €1.23 billion in January-June, compared with approximately €1.73 billion in the first half of 2025. The figures represent a decline of around 29% in inward direct-investment flows. The reduction is notable because foreign direct investment has been a central component of…