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In terms of economic strength, Serbia was in next-to-last place in the region in 2022

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The economic strength index of the NIN weekly, as well as other relevant economic analyses, show that Serbia, during the current government, achieved slightly weaker results than the average of neighboring countries, while in some years it was above and in others below the average, said the professor of the Faculty of Economics Milojko Arsic.

Serbia, as measured by NIN’s Index of Economic Strength of the Eight Countries of the Region for 2022, is in the penultimate place and only North Macedonia is worse than Serbia, the weekly NIN announced.
In first place is Croatia with an index of 7.25, second is Bulgaria (6.75), third is Bosnia and Herzegovina (6.25), fourth is Romania (6.13), fifth is Montenegro (5.38), sixth is Albania (5. 13), seventh Serbia (5.00) and in last place is North Macedonia with an index of 3.25.

In his text for NIN, Arsić stated that NIN’s index makes an important contribution to an objective and comprehensive overview of the economic results of Serbia in a given year in relation to the results of neighboring countries, and it is calculated on the basis of various indicators, so it is possible to obtain relatively a complete picture of the state of a country’s economy in a given year, but also to assess prospects and risks in the following years.

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“This kind of index is especially important for Serbia, where during the last decade, the most important media, which are under the control of the government, present the economic results of Serbia in a biased and sometimes incorrect manner,” said Arsić.

When it comes to the level of average salary in euros, in 2012, Serbia was exactly at the median of neighboring countries – half of the countries had higher salaries and half less than Serbia, said Arsić.

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