Serbia, officially the Republic of Serbia, is a country located at the crossroads of Central and Southeast Europe, covering the southern part of the Pannonian Plain and the central Balkans. A landlocked country in relative proximity to the Mediterranean, Serbia borders Hungary to the north; Romania and Bulgaria to the east; Macedonia to the south; and Croatia, Bosnia, and Montenegro to the west; it also borders Albania through the disputed territory of Kosovo. The capital of Serbia, Belgrade, is among Europe's oldest cities and one of the largest in Southeast Europe.
Serbia had estimated population of 7.021 million in the year 2016 and expected to reach 6.854 million by 2022. Serbia鈥檚 unemployment rate was 15.905% of total labor force.
Serbia鈥檚 real gross domestic product (GDP) was around RSD 3.54 billions in 2016 whereas the nominal GDP was RSD 4200 billions. This resulted in GDP deflator 130.837. Per capita GDP was estimated at USD 5376.26 whereas purchasing power parity (PPP) based per capita GDP was estimated to be at USD 14493.13.
In 2016, Serbia government鈥檚 revenue was RSD 1779.19 billions whereas the expenditure was RSD 1832.92 billions. This resulted Serbia government鈥檚 net lending / borrowing negative at RSD 53.729 billion in 2016 indicating that enough financial resources were not made available by the government to boost economic growth.
The current account balance for Serbia was estimated to be negative at USD 1.516 billions for the year 2016 and is expected to decline at a CAGR of 1.82% and reach USD 1.987 by 2022. This negative current account balance indicates the Serbia is a net borrower from the whole world.
Scope of Serbia 鈥� PESTEL Analysis Report
鈥his report provides information about key macroeconomic indicators for Serbia.
鈥his report provides PESTEL (political, economic, social, technological, environmental and legal) analysis for Serbia.
1. Executive Summary
Scope of Serbia 鈥� PESTEL Analysis Report
Research Methodology
2. Serbia - Country Overview
2.1 People Indicators
2.1.1 Population
2.1.2 Unemployment
2.2 National Accounts Indicators
2.2.1 Real Gross Domestic Product
2.2.2 Nominal Gross Domestic Product
2.2.3 Gross Domestic Product Deflator
2.2.4 Per Capita Gross Domestic Product
2.2.5 Purchasing-Power-Parity (PPP) Based Per Capita GDP
2.2.6 Total Investment / Gross Capital Formation
2.2.7 Gross National Savings
2.3 Monetary Indicators
2.3.1 Consumer Price Index (CPI) Inflation
2.4 Trade Indicators
2.4.1 Change in Import Volume of Goods & Services
2.4.2 Change in Export Volume of Goods & Services
2.5 Government Finance Indicators
2.5.1 Government Revenue
2.5.2 Government Expenditure
2.5.3 Government Net Lending / Borrowing
2.5.4 Government Gross Debt
2.5.5 Government Net Debt
2.6 Balance of Payment Indicators
2.6.1 Current Account Balance
3. PESTEL Analysis
3.1 Political Factors
3.2 Economic Factors
3.3 Social Factors
3.4 Technological Factors
3.5 Environmental Factors
3.6 Legal Factors
List of Exhibits
Notes
Company Information
List of Exhibits
Exhibit 2.1 Population of Serbia (in millions)
Exhibit 2.2 Unemployment Level in Serbia (in %)
Exhibit 2.3 Real GDP of Serbia (in RSD billions)
Exhibit 2.4 Nominal GDP of Serbia (in RSD billions)
Exhibit 2.5 Nominal GDP of Serbia (in USD billions)
Exhibit 2.6 GDP Deflator Index for Serbia
Exhibit 2.7 Per Capita GDP of Serbia (in USD)
Exhibit 2.8 PPP Per Capita GDP of Serbia (in USD)
Exhibit 2.9 Total Investment of Serbia (in %)
Exhibit 2.10 Gross National Savings of Serbia (in %)
Exhibit 2.11 Consumer Price Index (CPI) Inflation of Serbia
Exhibit 2.12 Change in Import Volume of Goods & Services of Serbia (in %)
Exhibit 2.13 Change in Export Volume of Goods & Services of Serbia (in %)
Exhibit 2.14 Government Revenue of Serbia (in RSD billions)
Exhibit 2.15 Government Revenue of Serbia (in % of GDP)
Exhibit 2.16 Government Expenditure of Serbia (in RSD billions)
Exhibit 2.17 Government Expenditure of Serbia (in % of GDP)
Exhibit 2.18 Government Net Lending / Borrowing of Serbia (in RSD billions)
Exhibit 2.19 Government Net Lending / Borrowing of Serbia (in % of GDP)
Exhibit 2.20 Government Gross Debt of Serbia (in RSD billions)
Exhibit 2.21 Government Gross Debt of Serbia (in % of GDP)
Exhibit 2.22 Government Net Debt of Serbia (in RSD billions)
Exhibit 2.23 Government Net Debt of Serbia (in % of GDP)
Exhibit 2.24 Current Account Balance of Serbia (in USD billions)
Exhibit 2.25 Current Account Balance of Serbia (in % of GDP)
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*If Applicable.
