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A total of 135,490 companies operated in Serbia at the end of 2022, of which 112,070 submitted a regular annual financial report, according to the official statistics of the Agency for Business Registers (APR).

“Total revenues of domestic companies were realized in the amount of 17,772,856 million dinars and are 19.2 percent higher than last year, while total expenditures were reported in the amount of 16,721,985 million dinars, increased by 18.8 percent. The economy operated profitably for the eighth year in a row, achieving a positive net result of 864,190 million dinars, which is 26.3 percent higher than the previous year.”

Observed by economic sectors, all of them operated profitably, except for the electricity, gas, steam and air conditioning supply sectors. The largest net result is the wholesale and retail trade sector, which recorded a profit of 214,917 million dinars, 26.4 percent higher than in the previous year.

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At the beginning of 2023, a total of 435,257 economic entities were registered in the register of economic entities in the territory of the Republic of Serbia, which includes the already mentioned economic companies, as well as entrepreneurs.

Every legal entity in our country must choose a predominant business activity during registration, depending on which business they think will make the most profit.

Our country classifies activities according to the laws on classification and accounting. In the current codebook, twenty economic sectors are singled out as supercategories, and they contain a total of 564 different activities.

By far the largest number of activities – 230 – is classified in the processing industry sector, while the next in number is the wholesale and retail trade sector.

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