recalibration

Serbia’s Economic Transition: From Post-Pandemic Growth to Structural Recalibration

Serbia's economy has experienced a notable transformation from 2021 to 2023, characterized by a robust recovery following the pandemic. Initially, the nation benefitted from strong industrial growth and significant foreign investment in sectors such as manufacturing and infrastructure. This positioned Serbia as an attractive near-shoring destination for European supply chains, leveraging its competitive labor costs and improved logistics. However, by early 2026, this growth phase appears to have reached a turning point. Instead of entering a crisis, Serbia is undergoing…