GDP structure

Selective Returns Mark New Economic Landscape in Serbia

Serbia's economic environment is undergoing a significant transformation as it approaches 2026, characterized by the end of broad-based growth across sectors. The previous era, marked by simultaneous expansion under lenient financial conditions, is yielding to a new reality where capital efficiency, cash-flow resilience, and alignment with macroeconomic policies dictate which sectors can achieve favorable risk-adjusted returns. This shift is attributed to a combination of tighter monetary policies, fiscal discipline, and a GDP structure that leans heavily towards services. Projections indicate…