Public Debt in Serbia

Serbia Public Debt | Economic News & Forecasts

Serbia - Public Debt

Leading data for Q2 continues to show a solid economic performance. In April, real wage growth picked up, boding well for private consumption growth, while retail sales figures were robust in May. In addition, foreign demand remains healthy, and export growth accelerated for the second straight month in May, likely on the back of strong demand from the Eurozone. On the downside, industrial production growth softened in the same month. On 13 June, the Serbian government and the IMF came to an agreement on the conditions of a 30-month Policy Coordination Instrument, a non-financial assistance program. The program focuses on minimizing public debt through fiscal discipline, reforming tax and pension policies, and improving the business climate. The agreement is scheduled to be reviewed by the IMF Executive Board in July and follows the successful completion of a USD 1.3 billion three-year program with the IMF in February.

Serbia - Public Debt Data

2013  2014  2015  2016  2017  
Public Debt (% of GDP)59.6  70.4  74.7  71.9  61.5  

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Note: Public debt as % of GDP.
Source: Ministry of Finance

Serbia Facts

Bond Yield3.900.0 %Jul 17
Exchange Rate101.2-0.31 %Jul 17
Stock Market1,536-0.44 %Jul 17

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