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external accounts

Serbia’s external accounts improve as dividend outflows and reserve use complicate the picture

Serbia’s external position improved visibly in the first four months of 2026, but the financing structure behind that improvement is more complicated than the headline...

Serbia’s external accounts show a better balance, but a more demanding investment story

Serbia’s balance of payments for the first four months of 2026 tells a more reassuring story than the headline volatility of recent years would suggest. The...

Balance of payments dynamics and external positioning in 1Q 2026

The first quarter of 2026 marks a notable, albeit fragile, shift in Serbia’s external accounts, where headline improvements in the current account obscure a...

Serbia’s external balancing act: Trade, FDI and the fragile current account

Serbia’s external accounts have improved in 2026, but the gains look more like a cautious adjustment than a full‑fledged turnaround. The trade deficit has...

Serbia’s external position holds steady as capital structure shifts beneath the surface

Serbia’s external accounts in 2025 present a picture that, at first glance, appears reassuring. Headline indicators suggest stabilization. The country’s net international investment position...

Current account surplus strengthens as FDI collapse signals capital cycle shift

Serbia’s external accounts in early 2026 present one of the most analytically revealing developments in its current macroeconomic cycle. On the surface, the country...

Remittances as a stabilizing factor in Serbia’s external accounts

One of the most durable stabilizers in Serbia’s external accounts remains neither manufacturing nor foreign investment, but the steady inflow of private transfers from...
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