CFI Data on Serbia
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We offer a data-driven country report for Serbia that explores inter alia population, international trading relationships, energy consumption, GDP growth, current account balances, and R&D investment. Additionally, CFI quotes from the Big Mac Index (courtesy of The Economist) which gives a rough idea of purchasing power parity. Other authoritative sources include The United Nations Conference on Trade and Development, The World Bank, and The International Money Fund. Visit us regularly for updates and new sources of key economic information on Serbia.
Trade agreement information for Serbia
Does Serbia belong to any economic unions or free trade areas?
Member of the Organization of the Black Sea Economic Cooperation (BSEC) since 01/01/2004
Other members:
Albania, Armenia, Azerbaijan, Bulgaria, Georgia, Greece, Republic of Moldova, Romania, Russian Federation, Turkey, Ukraine
What bilateral trade deals are there between Serbia and other countries and economic unions?
Protocol on Trade Negotiations (from 11/02/1973)
Central European Free Trade Agreement (from 01/05/2007)
Turkey - Serbia free trade agreement (from 01/10/2010)
EFTA - Serbia Free Trade Agreement (from 01/10/2011)
EU - Serbia Stabilisation and Association Agreement (from 01/09/2013)
EAEU - Serbia Free Trade Agreement (from 01/10/2019)
Implementation dates might vary according to the date of the United Kindom's exit from the European UnionTrade between Serbia and the United Kingdom
Source: UK Office for National Statistics, October 2019.
Contains public sector information licensed under the Open Government Licence v3.0.
Its population in 2018 was 8,762,027 [1]
In 2015, 21.17% of its total energy
consumption was renewable [2]
In 2018, its GDP grew by 4.30% [2]
In 2018 it had a negative Current
Account Balance of US$bn2.71 [3]
Its unemployment rate in 2018 was 13.76% [3]
Its Expenditure on R&D (as a percentage of
GDP) in 2017 was 0.93% [2]
Data sources