Fiscal Balance in Serbia

Serbia Fiscal Balance | Economic News & Forecasts

Serbia - Fiscal Balance

Economic momentum ebbed at the end of 2018, while weaker growth dynamics seem to have carried over into Q1 2019. Cooling domestic demand—with fixed investment slowing particularly notably—and a weak external sector led the slowdown in Q4. More recently, industrial production stumbled again in January, hampered by operational issues related to electricity generation and weaker external demand stemming from slower growth in key trading partners. On a brighter note, brisk retail sales growth in January should bode well for household spending. In other news, on a visit in early February, the IMF praised Serbia on its sounder fiscal stance and also commended the government’s decision to privatize a petrochemical plant and major bank. Moreover, Kosovo and Serbia appear to be making progress on negotiations, with both parties hoping for a final settlement this year.

Serbia - Fiscal Balance Data

2013  2014  2015  2016  2017  
Fiscal Balance (% of GDP)-5.5  -6.6  -3.7  -1.3  1.2  

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Note: Fiscal balance as % of GDP
Source: Ministry of Finance

Serbia Facts

ValueChangeDate
Bond Yield4.000.0 %Mar 11
Exchange Rate105.0-0.31 %Mar 11
Stock Market1,535-0.44 %Mar 11

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