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Serbia at Glance
Location
Southeastern Europe, central part of the Western Balkans
Form of Government
Parliamentary Republic
Capital city
Belgrade, about 1.7 million inhabitants
Territory
88,499 km2
Population
7 million (the data for AP Kosovo and Metohia excluded)
Borders with
Hungary, Romania, Bulgaria, North Macedonia, Albania, Montenegro, Bosnia and Herzegovina and Croatia
Official language
Serbian
National currency
RSD – Serbian Dinar
Time zone
GMT+1
GDP
€ 46.7bn
2020
GDP ps
€ 6.783
2020
USD/RSD
103.9262
Exchange rate (as of 31-12-2021)
EUR/RSD
117.5821
Exchange rate (as of 31-12-2021)
EU INTEGRATION
Serbia formally started negotiations to join EU on 21st January 2014.
CREDIT RATINGS
Fitch Ratings
BB+/stable
S&P
BB+/positive
BMoody’sa
Ba2/stable
S&P Ratings has increased credit rating of Serbia to BB+
GDP GROWTH
GROSS VALUE ADDED
STRUCTURE
BUDGET SURPLUS/DEFICIT
(% GDP)
LOW INFLATION
OPTIMAL GEOGRAPHIC LOCATION

One the main road corridors between Western and Central Europe and Turkey.
Connected by the Danube River with Central European countries at the West and with the Black Sea at the East.
Highway connection with EU countries: Hungary, Croatia, Bulgaria.