manufacture

Serbia’s growth forecast tightens: Why 2025 will test the economy’s structural limits

Serbia enters 2025 under a cloud of increasingly cautious expectations. What once looked like a steady year of moderate expansion has slowly shifted into one defined by downgraded forecasts, subdued investment sentiment and visible deceleration across several pillars of the economy. The European Commission now places Serbia’s GDP growth at 2.2 percent, while other institutions such as the World Bank offer marginally higher but still restrained estimates. Taken together, the revisions reflect more than a temporary slowdown; they highlight the…