After experiencing slower growth in 2025, Serbia’s economy is expected to recover in the coming years. International financial institutions project economic growth of around 3–4 % annually during 2026 and 2027, supported by domestic consumption, infrastructure investment and export expansion.
The slowdown in 2025, when GDP growth was estimated at approximately 2 %, reflected weaker demand in European markets and disruptions in several industrial sectors. Nevertheless, Serbia’s macroeconomic fundamentals remain relatively stable.
Public debt levels remain moderate compared with many European countries, while inflation has gradually declined following the surge experienced during the global energy crisis earlier in the decade.
Economic growth in the coming years will likely be driven by investment in infrastructure, expansion of renewable energy projects and the continued development of export-oriented manufacturing industries.
