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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...

Retail demand holds as a shock absorber, not a growth engine

Retail trade emerged in 2025 as one of the more stable components of Serbia’s domestic economy, providing continuity at a time when investment and...

Trade deficit narrows temporarily as energy imports ease but structural imbalances persist

Serbia’s trade deficit showed signs of narrowing toward the end of 2025, driven primarily by a moderation in energy import costs and a stabilization...

Export growth loses momentum as EU demand softens and cost pressures persist

Serbia’s export sector remained resilient in 2025 but lost momentum as external conditions turned less supportive. Slower industrial activity in the European Union, combined...

Foreign direct investment shifts as Serbia moves from volume to selectivity

Foreign direct investment has long been the cornerstone of Serbia’s growth model, underpinning industrial expansion, export capacity, and employment creation. In 2025, however, the...

Refinery disruptions undermined Serbia’s economic growth in 2025

Serbia entered 2025 with expectations of a solid economic expansion, underpinned by public investment, resilient domestic consumption, and continued momentum in selected manufacturing segments....

Serbia’s IT sector at a turning point: Sustaining growth after a decade of record results

During 2025, Serbia’s IT industry remained one of the strongest pillars of the national economy, continuing to deliver robust export growth, stable foreign-currency inflows,...

Serbia’s IT sector at a turning point: Sustaining growth after a decade of record results

During 2025, Serbia’s IT industry remained one of the strongest pillars of the national economy, continuing to deliver robust export growth, stable foreign-currency inflows,...

Škoda’s dominance in Serbia: How a state-driven strategy became a shareholder-approved growth model

The rise of Škoda to the leading position in Serbia’s automotive market is often attributed to familiar factors such as reliability, competitive pricing, and a solid...
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