International Reserves in Serbia

Serbia International Reserves | Economic News & Forecasts

Serbia - International Reserves

The economy has been derailed by Covid-19. Foreign and domestic containment measures weighed heavily on the industrial sector and foreign demand; exports fell by over a quarter in May, while industrial output fell sharply in the same month, albeit at a slower pace than in the prior month. Global lockdown measures also negatively impacted the tourism sector, with arrivals again falling sharply in May. More positively, retail sales grew robustly in May due to the relatively brief domestic lockdown. However, Belgrade entered a state of emergency in early July due to a spike in new cases. Meanwhile, in the political arena, the ruling Serbian Progressive Party (SNS) won a landslide victory in elections on 21 June. Consequently, economic policy is unlikely to change in a significant manner. Main opposition parties, meanwhile, boycotted the election, deeming it an unfair ballot.

Serbia - International Reserves Data

2015   2016   2017   2018   2019  
International Reserves (EUR)10.4  10.2  10.0  11.3  13.4  

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Serbia International Reserves Chart

Serbia International Reserves
Note: International reserves, months of imports.
Source: Statistical Office

Serbia Facts

Value Change Date
Bond Yield3.050.0 %Dec 31
Exchange Rate104.9-0.31 %Jan 01

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