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Household savings in Serbia continue to rise as dinar deposits gain structural ground in 2025

Household savings in Serbia expanded steadily throughout 2025, with both dinar-denominated and foreign-currency deposits recording solid growth, reinforcing the picture of a banking system...

Manufacturing holds, construction softens, retail endures: The shape of Serbia’s 2025–2026 real economy

Serbia’s 2025 real-economy profile is best described as stable but uneven: the system did not break, but it did not accelerate either. Official statistics...

Foreign direct investment, exports and the trade gap as Serbia’s external model tightens

The most consequential “trend” in Serbia’s 2025 economy is not a single GDP number; it is the shift in the external financing-and-trade machine that...

Growth without accession: The ceiling of Serbia’s current economic model

By 2025, the limits of Serbia’s growth model without EU accession became increasingly visible. The economy delivered stability, avoided crisis, and maintained moderate growth,...

Serbia between capital blocs as geopolitics shapes economic choices

Serbia’s economic positioning in 2025 and early 2026 cannot be understood without reference to its geopolitical context. The country increasingly operates at the intersection...

Labour productivity stalls as skills mismatch becomes a structural constraint

One of the least visible yet most consequential trends in Serbia’s economy is the growing gap between labour availability and labour productivity. Employment levels...
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Manufacturing remains Serbia’s anchor as investment and energy risks accumulate

Manufacturing continues to anchor Serbia’s real economy, providing export revenues, employment stability, and integration into European value chains. In 2025, manufacturing output grew modestly,...

EBRD invests over €800 million in Serbia in 2025

The European Bank for Reconstruction and Development invested more than €800 million in Serbia during 2025, marking one of its strongest annual commitments in the country to date...

EU has started to charge the CBAM tax on products of Serbian companies that emit CO₂: Collection next year, risk of inflation

The European Union has begun applying a carbon emissions tax known as CBAM on products of Serbian companies, exporters told Nova Ekonomija, who fear...

Corn emerges as Serbia’s key export product in the Albanian market

Serbia has strengthened its position as a major supplier of cereals to Albania, with corn standing out as the country’s most important export commodity...

Which EU chapters actually matter for capital: A sector-by-sector accession impact map for Serbia

In investor and banking circles, Serbia’s EU accession negotiations are often discussed as a single political trajectory. For capital allocation, this framing is too...

National Bank of Serbia sees GDP growth accelerating to around 3.5% in 2026

The National Bank of Serbia’s latest macro-financial outlook positions 2026 as a year of visible economic re-acceleration following a softer-than-expected 2025, with real GDP...
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Serbia’s industrial output shrinks in December as full-year production edges up slightly

Industrial production in Serbia fell by about 5.7 percent in December 2025 compared with the same month a year earlier, according to the Statistical...

Electrification pulls production east: Why Europe’s EV and advanced manufacturing demand is re-routing capital into Serbia through 2030

By the middle of the decade, Europe’s electric-vehicle transition stopped being a question of consumer adoption and became a question of industrial execution. Battery...

The hidden 2026 risk: Productivity stagnation under a green constraint

Serbia’s economic debate entering 2026 is dominated by visible variables: GDP growth, inflation, exports and energy prices. Productivity, by contrast, remains largely invisible—until it...

Tier-2 and Tier-3 component clustering in Serbia in 2025: Localising what OEMs no longer want to ship

Tier-2 and Tier-3 component clustering emerged in 2025 as one of the most structurally important, yet least headline-driven, shifts inside Serbia’s manufacturing economy. While...

Manufacturing and industrial production in Serbia in 2025: export volumes, cost pressures and the repricing of industrial value

Manufacturing and industrial production in Serbia in 2025 remained the backbone of the country’s goods exports, but the financial profile of the sector shifted...
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