foreign direct investments

FDI allocation to tradables underpins Serbia’s external and credit outlook

Foreign direct investment remains one of the central pillars of Serbia’s macro story, according to a National Bank of Serbia investor presentation. Between 2018 and 2025, Serbia attracted €28.4bn in total FDI. Almost 60% of that amount was directed into tradable sectors, while around €8.4bn went into manufacturing. The presentation links the sector mix to export performance and external balances. FDI into tradable sectors is described as supporting exports, improving the balance of payments, deepening industrial supply chains and reducing…