Serbia’s growth this year 3.2%  

Serbia’s growth this year 3.2%

Serbia’s growth this year 3.2%

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European Bank for Reconstruction and Development estimates that Serbia's growth this year will be 3.2%, and next year it is expected to be 3.5%. EBRD's Chief Regional Economist Peter Tabak reminded during his report on Transition Report for 2019/2020 titled Better Management, Better Economies, that Serbia   had the fastest economic growth last year in the last several years - 4.4%. According to him, Serbia's slower growth this year is a consequence of the slow-down of growth in EU countries, our country's main export markets, primarily Germany. He pointed out that Serbia recorded positive changes in the field of public finances, emphasizing that budget deficits from 2015 and 2016 grew into a surplus within the last two years, as well as in H1 of the current one.

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