Serbia
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About Serbia
Serbia is a country located in Southeastern Europe between Macedonia and Hungary, covering an area of approximately 77,474 square kilometers. As of 2024, Serbia has a population of about 6.65 million, with Serbian as the official language alongside Hungarian, Bosnian, and Romani. The country is extremely varied, with rich fertile plains in the north, limestone ranges and basins in the east, and ancient mountains and hills in the southeast, with a continental climate in the north and a continental and Mediterranean climate in other parts. Belgrade serves as the capital, and the government operates as a parliamentary republic.
Serbia has an upper-middle-income Balkan economy with a GDP of $89.08 billion and a GDP per capita of $26,900, driven by automobiles, base metals, furniture, food processing, machinery, chemicals, sugar, tires, clothes, and pharmaceuticals. Key agricultural products include maize, wheat, sugar beets, milk, sunflower seeds, soybeans, potatoes, barley, apples, and plums, while natural resources include oil, gas, coal, iron ore, copper, zinc, antimony, chromite, gold, silver, magnesium, pyrite, limestone, marble, salt, and arable land. The unemployment rate is 7.1% as of 2025, with a life expectancy of 76 years and a literacy rate of 99.3%. Serbia is a current EU accession candidate pursuing green growth development with manageable public debt.
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Economic Overview
upper middle-income Balkan economy; current EU accession candidate; hit by COVID-19; pursuing green growth development; manageable public debt; new anticorruption efforts; falling unemployment; historic Russian relations; energy import-dependent
