Markets

Serbia

Unemployment Rate
10.1%
Average Salary
730 EUR
Economically Active Population
2.83 million
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About Serbia

Serbia's investment climate is on the rise, benefiting from macroeconomic reforms, financial stability, and fiscal discipline. The government is actively focused on attracting foreign investment. In 2020, Serbia jumped four spots to 44th place on the World Bank's Doing Business index.

Serbia stands out as an attractive choice for investors due to its prime location in the heart of Europe, offering easy access to major markets in both the East and West. Strategic trade agreements grant investors access to wider markets and favorable trade terms.

Foreign investors find it easy to establish their ventures in Serbia due to streamlined processes for business-friendly setup, and tax incentives in the appealing free zones foster cost-effective business and international trade, aided further by the favorable Serbian tax regime.

Serbia offers a wide array of investment prospects, with a varied economic landscape spanning manufacturing, IT, tourism, agriculture, and more. The educated and adaptable workforce contributes to Serbia's reputation as an innovation and tech hub. Furthermore, Serbia is actively developing modern transportation, energy, and digital infrastructure.

Data

Unemployment
Whole country: 10.1%
Capital city: 6.1%
Average salary
Whole country: 730 EUR
Capital city: 940 EUR
Population
Population: 6.83 million
Economically active population: 2.83 milion
Primary or lower: 24.5%
Secondary: 53.1%
College and post graduate degrees: 22.4%
Currency
RSD (Serbian Dinar)
Strongest industries
Automotive
IT
Metalwork and Machine Building
Agriculture, food and Beverages
Textile
Forest Based Industry