The Serbian GDP is lower than the EU average in terms of purchasing power by 35 percent, Assistant Minister of Economy Edvard Jakopin said at the Kopaonik Business Forum on Thursday.
That is where Serbia’s GDP stood regarding purchasing power in 2014 (EU-28=100) and in several previous years it was at around 35 percent, so we have a status quo, he stated.
“No matter how much we move forward, others progress a little faster and that is, in a way, the situation for us,” he said.
For example, the economic strength ratio between Norway and Serbia is one to six and between Slovenia and Serbia it is 1 to two and a half, he pointed out.
“Our foreign and public debts are also constant and that is something the government focused on the most for the past 6-7 months,” he said, adding that the foreign debt was at 78.3 percent in 2014, while the public was at 70.9.
Source; SerbGov
