GDP in Serbia

Serbia GDP (EUR bn) | Economic News & Forecasts

Serbia - GDP (billions of Euros)

Economic growth accelerated in the second quarter on a jump in fixed investment, likely as the current low interest rate environment and the government’s pursual of IMF-backed reforms spurred private-sector capital spending. Consumer spending, which increased at a steady pace in the second quarter, will have also benefited from the unemployment rate falling to the lowest level in over five years. On the external front, growth in exports slowed, likely dampened by trade tensions with Kosovo and fragile Eurozone demand. Turning to the third quarter, economic momentum appears primed to strengthen, as suggested by a rebound in industrial production and another month of strong retail sales in July. Meanwhile, on 9 September, Moody’s left its Ba3 rating of Serbian long-term government debt unchanged, but upgraded its outlook on the government’s improving fiscal metrics from stable to positive.

Serbia - GDP (EUR bn) Data

2013  2014  2015  2016  2017  
GDP (EUR bn)36.4  35.5  35.7  36.7  39.2  

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Serbia Facts

ValueChangeDate
Bond Yield3.100.0 %Sep 04
Exchange Rate106.4-0.31 %Sep 04
Stock Market1,589-0.44 %Sep 04

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