Brief Guide, Serbia as Your Preferred Location, Strong Economic Performance, Location Serbia, Economy in Serbia, SIEPA

Serbia Investment and Export Promotion Agency

Serbia offers various locations with the right worker skills for growing your profit.

Financial Incentives Find out more about financial assistance for your successful business ventures here.

Investment Locations Database Click, take a pick and relocate to Serbia here.

Serbian Suppliers Database We guide you through sourcing in Serbia here.

Worldwide Events Meet us where the business happens here.

Strong Economic Performance

In recent years, Serbia has been among Europe's fastest growing economies. Over the past three years GDP growth averaged 6.3%, while in 2008 it amounted to 5.4%. GDP per capita of $4,651 is coupled with rapid banking loans expansion to fuel skyrocketing local demand.

Inflation in 2008 remains steadily in single digits standing at 6.8%, while further reductions are projected for the coming years. Export of goods has been steadily rising reaching €7.4 bn in 2008, while in 2004 it was merely €2.8 bn.

In addition, foreign currency reserves in 2008 remain high at $9.122 bn and public foreign debt has been cut down to merely 25% of GDP.