foreign trade exchange

Serbia’s economic growth in 2024: Strong industrial production, lower inflation and growing foreign trade

In 2024, Serbia emerged as one of the fastest-growing economies in Europe. However, imports grew at a faster pace than exports, and inflation in December was lower only than in two EU countries: Hungary and Romania, according to the latest issue of the journal Macroeconomic Analysis and Trends (MAT). The industrial production in Serbia increased by 3.1% last year, with the processing sector seeing a rise of 4.7%. "The long-term trend in industrial production remains positive, despite the negative risks…