macroeconomic cycle

Serbia Expo 2027 investment cycle seen in NBS growth, fiscal and external outlook

The National Bank of Serbia (NBS) links the Expo 2027 cycle with macroeconomic assumptions for the coming two years, including growth support, infrastructure execution, services exports and domestic demand. The NBS investor presentation frames Expo-related projects as part of the country’s investment story and sovereign-credit narrative. In its baseline outlook, the NBS expects Serbia’s GDP to rise by 3.0% in 2026 and 4.5% in 2027. The acceleration in 2027 is associated partly with implementation under the “Leap into the Future…