Public Debt in Serbia
Serbia - Public DebtThe latest data points to a modest economic performance in 2017. A flash estimate released by the Statistical Institute on 29 December showed that in annual terms, the economy grew 1.9% in 2017, compared to 2.8% in 2016. Comprehensive data confirmed growth of 2.1% in the third quarter of 2017 over the same period in 2016, supported by higher levels of private consumption and fixed investment. However, the external sector detracted more from year-on-year growth in Q3 than it did in the previous quarter. Meanwhile, high-frequency data releases, such as those for industrial production growth in October and November, point to resilient economic growth in Q4. On 15 December, the National Assembly approved the government’s proposed 2018 budget, which includes increases in public sector compensation and investment. On the same day, both Fitch Ratings and S&P Global Ratings upgraded the country’s long-term sovereign credit ratings from BB- to BB on the back of improved public finances.
Serbia - Public Debt Data
|Public Debt (% of GDP)||51.6||56.8||67.9||71.9||70.2|
5 years of economic forecasts for more than 30 economic indicators.
Source: Ministry of Finance
|Bond Yield||4.75||0.0 %||Dec 06|
|Exchange Rate||101.3||-0.31 %||Dec 06|
|Stock Market||1,644||-0.44 %||Dec 06|
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January 15, 2018
Consumer prices remained unchanged from the previous month in December, just as they did in November.
December 29, 2017
Industrial production expanded 5.5% in November from the same month last year, an acceleration from October’s 4.4% year-on-year expansion.
December 13, 2017
Consumer prices were unchanged from the previous month in November, whereas prices in October recorded a 0.2% increase.
December 7, 2017
At its 7 December monetary policy meeting—its last meeting of the year—the Executive Board of the National Bank of Serbia (NBS) maintained the key policy rate at 3.50% for the second consecutive month.
November 30, 2017
Industrial production expanded 4.4% in October from the same month last year, a moderation from September’s 7.3% expansion.