Serbia
Country information
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Summary data on Serbia
- Total population: Approximately 6,7 million inhabitants (2023 estimate).
- Population growth rate: Approximately -0,5% annually (demographic decline).
- Capital: Belgrade – Approximately 1,2 million inhabitants (2023).
- Main cities: Novi Sad, Niš, Kragujevac, Subotica, Royally.
- Countries it borders: Bosnia and Herzegovina to the west, Croatia to the west, Hungary north, Romania to the northeast, Bulgaria south, Northern Macedonia south, Kosovo South.
- Nominal GDP: Approximately USD 70 billion (2023).
- Pro-capite GDP: Approximately USD 10.500 (2023).
- GDP growth rate: Approximately 3,4% annually (2023).
- Inflation: Approximately 13,5% (2023).
- Unemployment rate: Approximately 9,5% (2023).
- Trade balanceThe country has a negative trade balance, with imports exceeding exports.
- Major business partners: XNUMX-XNUMX business days (mainly Germany, Italy, Netherlands), Russia, China.
- Public debt: Approximately 54% of GDP (2023).
- Public spending on R&D: Approximately 0,7% of GDP (2023).
- Main economic sectors: Industry (automotive, metallurgical, chemical), agriculture (wheat, corn, fruit), services, ICT.
- Currency: Serbian Dinar (RSD).
- Interest rate: The reference interest rate of the National Bank of Serbia is approximately 6% (2023).
- Foreign exchange reserves: Approximately USD 18 billion (2023).
- Main exports: Machinery, vehicles, metals, agricultural products (grain, fruit).
- Main imports: Machinery, petroleum products, automobiles, food.
- Human Development Index (HDI): 0,800 (2021), classified as a country with very high development.
- Literacy rate: Approximately 98% (2021).
- Life expectancy: About 76 years old (2023).
- Position in the Global Innovation Index: 49th position (2023).
- Corruption Perception Index: 42/100 (2022), 94th position out of 180 countries, moderate perception of corruption.
