statistics

Serbia’s Economic Outlook: Key Trends and Projections for 2026

By the third quarter of 2025, Serbia's economy continued to grow at an annual rate of approximately 2.0%. However, the nature of this growth has shifted significantly compared to the post-pandemic recovery. Private consumption emerged as the primary stabilizing force, bolstered by rising nominal wages and decreasing inflationary pressures. Meanwhile, exports maintained a positive contribution, driven by Serbia's integration into European Union supply chains. Nonetheless, a notable decline in gross fixed capital formation and construction activity indicates weakening medium-term productive…