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Country data

Population:
9.1 million (including Kosovo)
Area:
102,000 sq km
Capital:
Belgrade
Currency:
Dinar

Key developments and challenges

Serbia has made welcome progress in EU approximation over the past year, with the unblocking by the EU of the Interim Trade Agreement. Further progress in aligning laws to EU standards will bring additional benefits once the country becomes a candidate for membership.

Large-scale privatisation has slowed, but steps have been taken recently to reinvigorate the process, notably in the telecommunications and aviation sectors. A successful outcome would be a positive signal of Serbia’s commitment to completing the privatisation process.

Within the framework of the International Monetary Fund (IMF) stand-by arrangement (SBA), the government has committed to undertake a large-scale public sector reform, including spending and employment cuts and reform of the pension system. These measures are necessary to ensure the macroeconomic conditions for sustainable growth remain in place.

More developments and challenges
Women in bank

Our work in Serbia

In Serbia we focus on developing transport infrastructure, boosting small business and promoting renewable energy

Serbia

Key facts about the EBRD's work in Serbia

No. of projects

170

Net business volume

€2.7 billion

Total project value

€5.8 billion

Gross disbursements

€1.9 billion

Portfolio in private sector

46%

 

View factsheet


Our strategy in Serbia

The Bank’s strategic priorities will focus on the corporate and financial sectors and infrastructure.

The EBRD will continue to play a crucial role, together with partner IFIs, in developing the transport, energy and municipal infrastructure in the country. The majority of future Bank investments (in terms of volume) are expected in the transport sector.

Read strategy

CONTACTS

Bulevar Zorana Đinđića 64a, 5th Floor
11070 Novi Beograd
Serbia
Tel: +381 11 212 0529/0530/0531
Fax: +381 11 212 0534