music industry

The Serbian music industry: A growing economic force

Recent research conducted by the Faculty of Economics in Belgrade sheds light on the significant economic impact of the music industry in Serbia. With nearly 20,000 permanent employees across 29 different sectors, the industry has witnessed remarkable growth, achieving a turnover of 168 million euros in the past year alone—an 89 percent increase compared to five years ago. Commissioned by the national platform Serbia Creates, in collaboration with the Government of the Republic of Serbia, this groundbreaking research marks the…