production

Serbia’s Industrial Economy in 2025-2026: Slowing Production and Export Dynamics

The Serbian economy entered 2026 facing a complex macroeconomic landscape characterized by modest growth and structural shifts within its industrial sector. According to the February 2026 report from MAT – Macroeconomic Analyses and Trends, Serbia experienced economic expansion in 2025, although the growth rate significantly declined compared to previous years. The real GDP growth averaged around 2% for the year, with a year-on-year increase of 2.2% recorded in the final quarter. Despite avoiding recessionary pressures that have affected parts of…