According to the National Bank of Serbia (NBS), the country’s economy has achieved impressive results in 2024, becoming one of the most stable and fastest growing in Europe. The expected GDP growth is 3.8%, which is significantly higher than the European average. This was made possible by a prudent monetary policy, investment initiatives, and the successful recovery of key sectors of the economy after the global crises of recent years.
One of the most significant events of the year was the assignment of an investment credit rating to Serbia. This status strengthens the confidence of international investors in the country, opening access to more favorable financial conditions and attracting large investments. Experts emphasize that this step is an important incentive for further economic growth.
An important economic achievement was the successful reduction of inflation to the target range of 3% ± 1.5%, which was achieved in May 2024. Since then, the inflation rate has remained stable, which demonstrates the high efficiency of the measures taken by the National Bank.
Throughout the year , Serbia demonstrated the stability of the dinar against the euro. This not only strengthens the confidence of the population and business, but also attracts the attention of foreign companies that view Serbia as a reliable economic partner.
The Serbian government continues to actively support small and medium-sized businesses by introducing preferential lending terms and subsidy programs. In 2024, significant funds were also allocated for the development of infrastructure, agriculture, and the IT sector, which created new jobs and improved the business environment.
The economic achievements of 2024 have strengthened Serbia’s position as one of the leaders among Europe’s emerging economies. New challenges and goals lie ahead, including further reducing inflation, developing export potential, and improving the quality of life. The country’s leadership is confident that the increased pace of reforms will allow the country to maintain its positive momentum in the coming years.
These results are proof of the resilience of the Serbian economy and its ability to adapt to modern challenges, which strengthens the country’s position in the international arena.
