{{Infobox economy , country = Serbia , image = Belgrade Waterfront (Београд на води).jpg , image_size = 310px , caption =

Belgrade Waterfront Belgrade Waterfront (), is an urban renewal development project headed by the Government of Serbia aimed at changing Belgrade's cityscape and economy by revitalizing the Sava amphitheater, between the Belgrade Fair and Branko's bridge, includin ...

, the financial centre of Serbia , currency =

Serbian dinar The dinar (, ; paucal: dinara / динара; Currency symbol, abbreviation: DIN (Gaj's Latin alphabet, Latin) and дин (Serbian Cyrillic alphabet, Cyrillic); ISO 4217, code: RSD) is the currency of Serbia. The dinar was first used in Serbia in ...

(RSD, дин) , year = Calendar year , organs = CEFTA, BSEC, AIIB,

Open Balkan The Open Balkan is an economic and political zone of three member states in the Balkans, those being Albania, North Macedonia and Serbia. The zone has a total area of and an estimated total population of almost 11million located in Central and S ...

World Bank The World Bank is an international financial institution that provides loans and Grant (money), grants to the governments of Least developed countries, low- and Developing country, middle-income countries for the purposes of economic development ...

IMF The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution funded by 191 member countries, with headquarters in Washington, D.C. It is regarded as the global lender of la ...

WTO The World Trade Organization (WTO) is an intergovernmental organization headquartered in Geneva, Switzerland that regulates and facilitates international trade. Governments use the organization to establish, revise, and enforce the rules that g ...

(Observer) , group = {{plainlist, * Developing/Emerging * Upper-middle income economy , population = {{Decrease 6,605,168 (2024) , gdp = {{plainlist, *{{increase $92.55 billion (nominal, 2025 est.) *{{increase $216.22 billion ( PPP, 2025 est.) , gdp rank = {{plainlist, * 76th (nominal, 2024 est.) * 78th (PPP, 2024 est.) , growth = {{plainlist, *{{color, blue, +3.8% (2023) *{{color, blue, +3.9% (2024) *{{color, blue, +3.5% (2025) , per capita = {{plainlist, *{{increase $14,175 (nominal, 2025){{cite web, url=https://www.imf.org/en/Publications/WEO/weo-database/2025/April/weo-report?c=942,&s=NGDPD,PPPGDP,NGDPDPC,PPPPC,&sy=2022&ey=2029&ssm=0&scsm=1&scc=0&ssd=1&ssc=0&sic=0&sort=country&ds=.&br=1 , title=World Economic Outlook database: April 2025 , publisher=

International Monetary Fund The International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution funded by 191 member countries, with headquarters in Washington, D.C. It is regarded as the global lender of las ...

*{{increase $33,115 (PPP, 2025) , per capita rank = {{plainlist, * 69th (nominal, 2025 est.) * 64th (PPP, 2025 est.) , sectors = {{plainlist, *services: 52.0% *industry: 25.6% *agriculture: 6.5% *(2022){{Cite web, url=https://www.statista.com/statistics/440654/share-of-economic-sectors-in-the-gdp-in-serbia/, title=Serbia: Share of economic sectors in the gross domestic product (GDP) from 2011 to 2021, website=Statista , components = {{plainlist, *Private consumption: 63.07% *Public consumption: 10.1% *Investments: 24.20% (2020) , inflation = 5% (2024) , poverty = {{plainlist, *{{decreasePositive 19.9% (2023){{cite web , url=https://www.stat.gov.rs/en-us/vesti/statisticalrelease/?p=15328, author=, title=Poverty and Social Inequality, 2023 , publisher=

Statistical Office of the Republic of Serbia The Statistical Office of Serbia ( sr-cyr, Републички завод за статистику Србије; sr-lat, Republički zavod za statistiku Srbije or RZS) is a specialized government agency of Serbia charged with collecting and di ...

, date=15 November 2024, access-date=22 May 2025 *{{decreasePositive 27.2% at risk of poverty or social exclusion (AROPE, 2023) , gini = {{decreasePositive 31.7 {{color, darkorange, medium (2023) , hdi = {{plainlist, *{{increase 0.833 {{color, darkgreen, very high (2023, 62nd) *{{increase 0.772 {{color, green, high (2023, IHDI 45th) , cpi = {{decrease 35 out of 100 points (2024, 105th rank) , edbr = {{increase 44th (very easy, 2020) , labor = {{plainlist, *{{increase 2,899,700 (Q2, 2024) *{{increase 50,5 % employment rate (2023) , occupations = {{plainlist, *services: 57.1% *industry: 28.9% *agriculture: 13.9% *(2021){{cite web, url=https://www.statista.com/statistics/440661/employment-by-economic-sector-in-serbia/, title=Employment by economic sector in Serbia 2021 , date=2021, access-date=2023-09-10, publisher=

Statista Statista (styled in all lower case) is a German online platform that specializes in data gathering and visualization. In addition to publicly available third-party data, Statista also provides exclusive data via the platform, which is collect ...

, unemployment = {{plainlist, *{{DecreasePositive 8.2% (Q2, 2024){{cite web , url=https://publikacije.stat.gov.rs/G2024/HtmlE/G20241243.html , title=Labour Force Survey, II quarter 2024 *{{DecreasePositive 20,2% youth unemployment (Q2, 2024) , average gross salary = RSD 148,428 / €1,268 / $1,384 monthly (Dec 2024){{Cite web, url=https://www.stat.gov.rs/vesti/statisticalrelease/?p=16861&a=24&s=2403, title=Статистички извештај | Републички завод за статистику Србије, website=www.stat.gov.rs , average net salary = RSD 108,312 / €925 / $1,009 monthly
(Dec 2024) , industries =

motor vehicle A motor vehicle, also known as a motorized vehicle, automotive vehicle, automobile, or road vehicle, is a self-propelled land vehicle, commonly wheeled, that does not operate on railway track, rails (such as trains or trams), does not fly (such ...

base metals A base metal is a common and inexpensive metal, as opposed to a precious metal such as gold or silver. In numismatics, coins often derived their value from the precious metal content; however, base metals have also been used in coins in the past ...

food processing Food processing is the transformation of agricultural products into food, or of one form of food into other forms. Food processing takes many forms, from grinding grain into raw flour, home cooking, and complex industrial methods used in the mak ...

machinery A machine is a physical system that uses power to apply forces and control movement to perform an action. The term is commonly applied to artificial devices, such as those employing engines or motors, but also to natural biological macromolec ...

chemicals A chemical substance is a unique form of matter with constant chemical composition and characteristic properties. Chemical substances may take the form of a single element or chemical compounds. If two or more chemical substances can be combin ...

tires A tire (North American English) or tyre (Commonwealth English) is a ring-shaped component that surrounds a wheel's rim to transfer a vehicle's load from the axle through the wheel to the ground and to provide traction on the surface over w ...

pharmaceuticals Medication (also called medicament, medicine, pharmaceutical drug, medicinal product, medicinal drug or simply drug) is a drug used to diagnose, cure, treat, or prevent disease. Drug therapy ( pharmacotherapy) is an important part of the ...

, exports = {{increase $31.584 billion (2024){{Cite web, url=https://publikacije.stat.gov.rs/G2024/Pdf/G20241019.pdf, title=Спољнотрговински робни промет – децембар 2023.; Републички завод за статистику Србије, website=www.stat.gov.rs , export-goods = motor vehicles ($2.42bn), electrical machines ($2.033bn), non-ferrous metals ($2.005bn), rubber and plastics products ($1.670bn), chemicals and chemical products ($1.193bn) , export-partners = {{Tree list *{{flag, EU 61.1% **{{flag, Germany 14.3% **{{flag, Italy 5.8% **{{flag, Hungary 4.7% **{{flag, Romania 4.7% **{{flag, Czechia 4.0% **{{flag, Bulgaria 3.4% **{{flag, Croatia 3.3% **{{flag, Poland 3.0% *{{flag, Bosnia and Herzegovina 6.7% *{{flag, China 6.0% *{{flag, Turkey 3.5% *{{flag, Montenegro 4.5% *{{flag, North Macedonia 3.2% *{{flag, Russia 3.0% *(January–December, 2024){{Cite web, url=https://publikacije.stat.gov.rs/G2025/Pdf/G20251022.pdf, date=31 January 2025{{Tree list/end , imports = {{decreasepositive $42.425 billion (2024) , import-goods = chemicals and chemical products ($2.408bn), general purpose machinery ($2.100bn), petroleum and natural gas ($1.977bn), motor vehicles ($1.818bn), basic metals ($1.740bn), , import-partners = {{Tree list *{{flag, EU 56.3% **{{flag, Germany 13.1% **{{flag, Italy 7.1% **{{flag, Hungary 4.3% **{{flag, Poland 3.5% *{{flag, China 13.1% *{{flag, Turkey 5.3% *{{flag, Russia 3.3% *(January–December, 2024){{Tree list/end , current account = {{increase -913 million (2021) , FDI = {{plainlist, *{{increase $52.554 billion (2021 est.) *{{steady Abroad: NA , gross external debt = {{increase $34.4 billion (Januar 2023) , debt = {{decreasePositive 47.7% of GDP (Feb 2024){{citation, url= https://www.b92.net/biz/srbija/vesti/11045/javni-dug-srbije-478-odsto-bdp-a/vest , language=Serbian , title=MEСЕЧНИ ИЗВЕШТАЈ Анализа јавног дуга и дуга опште државе , date= 1 Feb 2024 , trans-title=Monthly Report: Analysis of public debt and general government debt , revenue = 21.159 billion (2022 est.){{refn, group=note, data includes both central government and local government budgets , expenses = 24.485 billion (2022 est.) , balance = -3.326 billion (2022 est.){{cite web , url=https://www.cia.gov/the-world-factbook/countries/serbia/ , title=The World Factbook , publisher=

Central Intelligence Agency The Central Intelligence Agency (CIA; ) is a civilian foreign intelligence service of the federal government of the United States tasked with advancing national security through collecting and analyzing intelligence from around the world and ...

, website=CIA.gov , access-date=18 August 2019 , reserves = {{increase $30.8 billion (July 2024) , aid = €2.6 billion of EU IPA (2001–14)
€1.5 billion of EU IPA (2014–20)
€2.0 billion of EU IPA III (2021–27) , credit = {{plainlist, *

Standard & Poor's S&P Global Ratings (previously Standard & Poor's and informally known as S&P) is an American credit rating agency (CRA) and a division of S&P Global that publishes financial research and analysis on stocks, bonds, and commodities. S&P is co ...

*BBB-/A3 (Domestic) *BBB-/A3(Foreign) *BB+(T&C Assessment) *Outlook: Positive{{cite web, url=https://disclosure.spglobal.com/ratings/en/regulatory/article/-/view/type/HTML/id/3262738, website=disclosure.spglobal.com , access-date=6 October 2024 , title=S&P Global Ratings *

Moody's Moody's Ratings, previously and still legally known as Moody's Investors Service and often referred to as Moody's, is the bond credit rating business of Moody's Corporation, representing the company's traditional line of business and its histo ...

: *Ba2 (Domestic) *B1 (Foreign) *Outlook: Positive{{cite web, url=http://www.nbs.rs/internet/english/18/18_3/18_3_2/rejting_srbija.html, title=Republic of Serbia's long-term credit rating, website=www.nbs.rs, access-date=21 June 2019 * Fitch: BB+
Outlook: Positive *Scope Ratings:{{cite web, url=https://www.scoperatings.com/ratings-and-research/rating/EN/177536, title=Scope affirms Serbia's BB+ ratings and revises Outlook to Positive, website=www.scoperatings.com, access-date=26 July 2024 *BB+ (Local-currency) *BB+ (Foreign-currency) *Outlook: Positive , GDP - composition, by end use = household consumption: 78.2% (2017 est.) {{increasegovernment consumption: 10.1% (2017 est.) investment in fixed capital: 18.5% (2017 est.) investment in inventories: 2% (2017 est.) exports of goods and services: 52.5% (2017 est.) imports of goods and services: -61.3% (2017 est.) {{cite web , url=https://www.cia.gov/the-world-factbook/countries/serbia/#economy {{Economy of Serbia The economy of Serbia is a developing upper-middle income economy. Its

tertiary sector The tertiary sector of the economy, generally known as the service sector, is the third of the three economic sectors in the three-sector model (also known as the economic cycle). The others are the primary sector (raw materials) and the ...

accounts for two-thirds of total

gross domestic product Gross domestic product (GDP) is a monetary measure of the total market value of all the final goods and services produced and rendered in a specific time period by a country or countries. GDP is often used to measure the economic performanc ...

(GDP). Serbia's nominal GDP is estimated to reach $92 billion in 2025, with a GDP per capita of $14,175. It's purchasing power parity (PPP) stood at $216.22 billion, which amounts to $33,115 per capita. Their capital city and financial centre is

Belgrade Belgrade is the Capital city, capital and List of cities in Serbia, largest city of Serbia. It is located at the confluence of the Sava and Danube rivers and at the crossroads of the Pannonian Basin, Pannonian Plain and the Balkan Peninsula. T ...

, with

Novi Sad Novi Sad ( sr-Cyrl, Нови Сад, ; #Name, see below for other names) is the List of cities in Serbia, second largest city in Serbia and the capital of the autonomous province of Vojvodina. It is located in the southern portion of the Pannoni ...

and

Niš Niš (; sr-Cyrl, Ниш, ; names of European cities in different languages (M–P)#N, names in other languages), less often spelled in English as Nish, is the list of cities in Serbia, third largest city in Serbia and the administrative cente ...

being important economic hubs. The

is adjacent to the National Bank of Serbia and the Belgrade Stock Exchange. Serbia has a significant industrial and manufacturing base, focused mainly on machinery,

automotive manufacturing The automotive industry comprises a wide range of company, companies and organizations involved in the design, Business development, development, manufacturing, marketing, selling, Maintenance, repairing, and Custom car, modification of motor ve ...

, energy, and mining.{{cite web, url=https://www.cia.gov/the-world-factbook/countries/serbia/, access-date=2019-04-02, work=

The World Factbook ''The World Factbook'', also known as the ''CIA World Factbook'', is a Reference work, reference resource produced by the United States' Central Intelligence Agency (CIA) with almanac-style information about the countries of the world. The off ...

, publisher=

, title=The World Factbook — Central Intelligence Agency Core exports of the Serbian economy include automobiles, base metals, furniture, food processing, machinery, chemicals, tires, clothes, and pharmaceuticals. Highly dependent on international trade in Europe, key trading partners include its neighbors around

Central Europe Central Europe is a geographical region of Europe between Eastern Europe, Eastern, Southern Europe, Southern, Western Europe, Western and Northern Europe, Northern Europe. Central Europe is known for its cultural diversity; however, countries in ...

as well as China and Russia.

Historical preview

In the decades leading up to World War I, GDP growth in Serbia grew by 0.28% per annum.{{Cite journal , last1=Mijatović , first1=Boško , last2=Zavadjil , first2=Milan , date=2022 , title=Serbia on the path to modern economic growth , url=https://onlinelibrary.wiley.com/doi/10.1111/ehr.13186 , journal=The Economic History Review , volume=76 , pages=199–220 , language=en , doi=10.1111/ehr.13186 , s2cid=251633774 , issn=0013-0117, url-access=subscription This was a slower growth rate than

Northwestern Europe Northwestern Europe, or Northwest Europe, is a loosely defined subregion of Europe, overlapping Northern and Western Europe. The term is used in geographic, history, and military contexts. Geographic definitions Geographically, Northwestern ...

, leading to a widening economic divergence between Serbia and Western Europe. Prior to WWI, there was extensive growth in Serbia's dominant agricultural sector. However, industrial and service sectors remained small. In the late 1980s, at the beginning of the process of economic transition from a

planned economy A planned economy is a type of economic system where investment, production and the allocation of capital goods takes place according to economy-wide economic plans and production plans. A planned economy may use centralized, decentralized, ...

to a

market economy A market economy is an economic system in which the decisions regarding investment, production, and distribution to the consumers are guided by the price signals created by the forces of supply and demand. The major characteristic of a mark ...

, Serbia's economy had a favorable position in comparison to most of the

Eastern Bloc The Eastern Bloc, also known as the Communist Bloc (Combloc), the Socialist Bloc, the Workers Bloc, and the Soviet Bloc, was an unofficial coalition of communist states of Central and Eastern Europe, Asia, Africa, and Latin America that were a ...

countries, but it was gravely impacted by poor economic decision-making in the 1990s,{{Citation , title=Federal Republic of Yugoslavia Economic Assessment , work=OECD Economic Surveys 2001-2002 , url=https://www.oecd.org/newsroom/archives/1840294.pdf , archive-url=https://web.archive.org/web/20210726083154/https://www.oecd.org/newsroom/archives/1840294.pdf , archive-date=26 July 2021 the

Yugoslav Wars The Yugoslav Wars were a series of separate but related#Naimark, Naimark (2003), p. xvii. ethnic conflicts, wars of independence, and Insurgency, insurgencies that took place from 1991 to 2001 in what had been the Socialist Federal Republic of ...

, and UN sanctions and trade embargo during the 1990s.{{cite web, last1=Dobbs, first1=Michael, title=NATO's Latest Target: Yugoslavia's Economy, url=http://www.hartford-hwp.com/archives/62/306.html, website=hartford-hwp.com, publisher=Washington Post, access-date=3 August 2014 At the same time, the country experienced a serious " brain drain". There was a severe recession which continued until 1999. After the overthrow of

Slobodan Milošević Slobodan Milošević ( sr-Cyrl, Слободан Милошевић, ; 20 August 1941 – 11 March 2006) was a Yugoslav and Serbian politician who was the President of Serbia between 1989 and 1997 and President of the Federal Republic of Yugos ...

in 2000, Serbia went through a process of transition to a market-based economy and experienced sustained economic growth. During that period, the Serbian economy grew 4-5% annually, average wages quadrupled, and economic and social opportunities dramatically improved. During the

Great Recession The Great Recession was a period of market decline in economies around the world that occurred from late 2007 to mid-2009.

, Serbia marked a decline in its economy of 3.1% in 2009, and following years of economic stagnation pre-crisis level of GDP was reached only in 2016. Since 2014, the country has been in the process of accession negotiations to join the

European Union The European Union (EU) is a supranational union, supranational political union, political and economic union of Member state of the European Union, member states that are Geography of the European Union, located primarily in Europe. The u ...

.{{cite web, url=http://www.b92.net/eng/news/politics.php?yyyy=2014&mm=01&dd=21&nav_id=89054, title=Serbia starts negotiations to join EU, date=2014-01-21, access-date=2014-01-21, publisher= B92

Macroeconomic trends

Economic growth

The Serbian economy is expected to grow to $116 billion in 2029, slightly outpacing the rest of the former Yugoslav Republics according to the IMF. It's economy has been the largest former Yugoslav by

purchasing power parity Purchasing power parity (PPP) is a measure of the price of specific goods in different countries and is used to compare the absolute purchasing power of the countries' currency, currencies. PPP is effectively the ratio of the price of a market bask ...

(PPP) since 2008 and the second-largest by

nominal GDP Gross domestic product (GDP) is a monetary measure of the total market value of all the final goods and services produced and rendered in a specific time period by a country or countries. GDP is often used to measure the economic performance ...

since 1998. Serbia's

debt-to-GDP ratio In economics, the debt-to-GDP ratio is the ratio of a country's accumulation of government debt (measured in units of currency) to its gross domestic product (GDP) (measured in units of currency per year). A low debt-to-GDP ratio indicates that an ...

is currently at 41.7%, which is lower than the 60% level defined by the

Maastricht criteria The euro convergence criteria (also known as the Maastricht criteria) are the criteria European Union member states are required to meet to enter the third stage of the Economic and Monetary Union (EMU) and adopt the euro as their currency. Th ...

as the upper limit of an acceptable level. It's sovereign debt level is projected to be the second-lowest among the former Yugoslav Republics by 2029, with an expected decrease from the current 49% to 46% of GDP.https://www.imf.org/external/datamapper/GGXWDN_G01_GDP_PT@FM/SRB/HRV/SVN/BIH/MNE/MKD/UVK?year=2029 {{Bare URL inline, date=August 2024 The average growth of Serbia's GDP from 2020 to 2025 was 4% per year. GDP structure by sector is: services 67.9%, industry 26.1%, agriculture 6.0%. GDP - composition, by end use household consumption: 78.2% (2017 est.) {{increasegovernment consumption: 10.1% (2017 est.) investment in fixed capital: 18.5% (2017 est.) investment in inventories: 2% (2017 est.) exports of goods and services: 52.5% (2017 est.) imports of goods and services: -61.3% (2017 est.) {, border="1" cellpadding="4" cellspacing="0" class="toccolours" 0.5em solid #7f7f7f; 88%; , - ! colspan="24" style="background: #efefef; border-bottom: 2px solid gray;" , GDP Growth , - , Year , 2000 , 2002 , 2004 , 2006 , 2008 , 2010 , 2011 , 2012 , 2013 , 2014 , 2015 , 2016 , 2017 , 2018 , 2019 , 2020 , 2021 , 2022 , 2023 , - , Rate , 7.8% , 7.1% , 9.0% , 9.7% , 5.7% , 0.7% , 2.0% , -0.7% , 2.9% , -1.6% , 1.8% , 3.3% , 2.0% , 4.4% , 4.2% , -0.9% , 7.5% , 2.3% , 2.5% , - , colspan="24" , Source
World Bank
ref name="autogenerated1" />

Public finances

Serbia's public debt relative to GDP from 2000 to 2008 decreased by 140.1 percentage points, and then started increasing again as the government was fighting effects of worldwide 2008 financial crisis. In 2018, the public debt stood at 53.8% of GDP. {, border="1" cellpadding="4" cellspacing="0" class="toccolours" style="align:left; margin:0.5em 0 0; border-style:solid; border:1px solid #7f7f7f; border-right-width:2px; border-bottom-width:2px; border-collapse:collapse; font-size:88%;" , - ! colspan="18" style="background: #efefef; border-bottom: 2px solid gray;" , Public debt ! , - , Year , 2000 , 2002 , 2004 , 2006 , 2008 , 2009 , 2010 , 2011 , 2012 , 2013 , 2014 , 2015 , 2016 , 2017 , 2018 , 2021 , 2022 , - , Billions EUR , 14.17 , 13.43 , 11.02 , 9.35 , 8.78 , 9.85 , 12.16 , 14.78 , 17.72 , 20.14 , 22.76 , 24.81 , 24.71 , 23.21 , 23.01 , 29.60 , 30.56 , - , Share of GDP , 201.2% , 68.3% , 52.6% , 35.9% , 28.3% , 32.8% , 41.8% , 45.4% , 56.2% , 59.6% , 70.4% , 74.7% , 71.9% , 61.5% , 53.8% , 56.5% , 52.1% , - , colspan="18" , Source
Ministry of Finance of Serbia
{{Webarchive, url=https://web.archive.org/web/20180513114048/http://www.mfin.gov.rs/pages/issue.php?id=3 , date=13 May 2018 }
Public debt Administration
Serbian

foreign exchange reserves Foreign exchange reserves (also called forex reserves or FX reserves) are cash and other reserve assets such as gold and silver held by a central bank or other monetary authority that are primarily available to balance payments of the country, ...

were highly augmented from 2000 to 2009, when they amounted 10.6 billion

euro The euro (currency symbol, symbol: euro sign, €; ISO 4217, currency code: EUR) is the official currency of 20 of the Member state of the European Union, member states of the European Union. This group of states is officially known as the ...

s and have stayed at that level ever since. {, border="1" cellpadding="4" cellspacing="0" class="toccolours" style="align:left; margin:0.5em 0 0; border-style:solid; border:1px solid #7f7f7f; border-right-width:2px; border-bottom-width:2px; border-collapse:collapse; font-size:88%;" , - ! colspan="19" style="background: #efefef; border-bottom: 2px solid gray;" , Foreign exchange reserves , - , Year , 2000 , 2002 , 2004 , 2006 , 2008 , 2009 , 2010 , 2011 , 2012 , 2013 , 2014 , 2015 , 2016 , 2017 , 2018 , 2021 , 2022 , - , Central bank (bln. EUR) , 0.55 , 2.19 , 3.10 , 9.02 , 8.16 , 10.60 , 10.00 , 12.06 , 10.91 , 11.19 , 9.91 , 10.38 , 10.20 , 9.96 , 11.26 , 13.90 , 14.22 , - , Comm. banks (bln. EUR) , 0.39 , 0.68 , 0.59 , 0.52 , 0.92 , 1.42 , 1.68 , 0.80 , 1.06 , 0.91 , 1.73 , 1.43 , 1.56 , 1.11 , 1.63 , 2.55 , 3.05 , - , Total (bln. EUR) , 0.95 , 2.86 , 3.70 , 9.54 , 9.08 , 12.03 , 11.69 , 12.87 , 11.97 , 12.10 , 11.64 , 11.81 , 11.76 , 11.07 , 12.89 , 16.45 , 17.27 , - , colspan="18" , Source
National Bank of Serbia

Currency and inflation

{{main, Serbian dinar 1000RSD front

The official

currency A currency is a standardization of money in any form, in use or circulation as a medium of exchange, for example banknotes and coins. A more general definition is that a currency is a ''system of money'' in common use within a specific envi ...

in Serbia is the

and its earliest use dates back to 1214. Serbia historically has battled high inflation, especially during the 1980s and 1990s. In 1992 and 1993, it experienced a period of

hyperinflation In economics, hyperinflation is a very high and typically accelerating inflation. It quickly erodes the real versus nominal value (economics), real value of the local currency, as the prices of all goods increase. This causes people to minimiz ...

which lasted for a total of 25 months.{{cite web, url=http://www.suedosteuropa.uni-graz.at/cse/sites/default/files/papers/Bajic_Embargo_Cake.pdf, author=Ivana Bajić-Hajduković, title=Remembering the "Embargo Cake:" The Legacy of Hyperinflation and the UN Sanctions in Serbia, date=2014, access-date=June 26, 2017 In 1993, the monthly inflation rate stood at a staggering 313 million percent. Since the early 2000s, the inflation rate has stabilized and in the last couple of years a relatively low level of inflation was recorded. {, border="1" cellpadding="4" cellspacing="0" class="toccolours" style="align:left; margin:1.5em 0 0; border-style:solid; border:1px solid #7f7f7f; border-right-width:2px; border-bottom-width:2px; border-collapse:collapse; font-size:88%;" , - ! colspan=19 style="background: #efefef; border-bottom: 2px solid gray;" , Inflation and Serbian dinar Exchange Rates , - , Year , 2002 , 2004 , 2006 , 2008 , 2009 , 2010 , 2011 , 2012 , 2013 , 2014 , 2015 , 2016 , 2017 , 2018 , 2019 , 2020 , 2021 , 2022 , - , Inflation rate , 19.5% , 11.0% , 11.7% , 12.4% , 8.1% , 6.1% , 11.1% , 7.3% , 7.7% , 2.1% , 1.4% , 1.1% , 3% , 2% , 1.9% , 1.1% , 4.2% , 15.0% , - , USD/RSD , 58.98 , 57.94 , 59.98 , 62.90 , 66.73 , 79.28 , 80.87 , 86.18 , 83.13 , 99.46 , 111.25 , 117.13 , 99.11 , 103.39 , 104.92 , 101.92 , 103.61 , 110.48 , - , EUR/RSD , 61.51 , 78.89 , 79.00 , 88.60 , 95.89 , 105.50 , 104.64 , 113.72 , 114.64 , 120.96 , 121.63 , 123.47 , 118.45 , 118.19 , 117.59 , 117.45 , 117.22 , 117.67 , - , colspan="19" , Source
World Bank

Note: All exchange data retrieved each year on December 31

External trade

Serbia has a wide range of free trade agreements with foreign countries and trading blocs. Serbia signed a

free trade agreement A free trade agreement (FTA) or treaty is an agreement according to international law to form a free-trade area between the cooperating state (polity), states. There are two types of trade agreements: Bilateralism, bilateral and Multilateralism, m ...

with the

in 2008 enabling exports of all products originating from Serbia without

customs Customs is an authority or Government agency, agency in a country responsible for collecting tariffs and for controlling International trade, the flow of goods, including animals, transports, personal effects, and hazardous items, into and out ...

and other fees.{{cite web, title=Liberalized Trade , url=http://www.siepa.gov.rs/site/en/home/1/investing_in_serbia/liberalized_trade/ , website=siepa.gov.rs , access-date=3 August 2014 , url-status=dead , archive-url=https://web.archive.org/web/20120429234809/http://www.siepa.gov.rs/site/en/home/1/investing_in_serbia/liberalized_trade/ , archive-date=April 29, 2012 For a limited number of products (baby beef, sugar, and wine), annual import quotas remain in effect. As of 2016, the EU countries were the largest trading partners of Serbia with 64.4% of country's total foreign trade.{{cite web, title=Statistical Office of the Republic of Serbia, url=http://webrzs.stat.gov.rs/WebSite/public/PublicationView.aspx?pKey=41&pLevel=1&pubType=2&pubKey=4258, publisher=

, access-date=19 July 2017 Serbia signed the CEFTA, which allows exports of all products originating from Serbia without customs and other fees to the neighbouring countries:

Albania Albania ( ; or ), officially the Republic of Albania (), is a country in Southeast Europe. It is located in the Balkans, on the Adriatic Sea, Adriatic and Ionian Seas within the Mediterranean Sea, and shares land borders with Montenegro to ...

Bosnia and Herzegovina Bosnia and Herzegovina, sometimes known as Bosnia-Herzegovina and informally as Bosnia, is a country in Southeast Europe. Situated on the Balkans, Balkan Peninsula, it borders Serbia to the east, Montenegro to the southeast, and Croatia to th ...

North Macedonia North Macedonia, officially the Republic of North Macedonia, is a landlocked country in Southeast Europe. It shares land borders with Greece to the south, Albania to the west, Bulgaria to the east, Kosovo to the northwest and Serbia to the n ...

Moldova Moldova, officially the Republic of Moldova, is a Landlocked country, landlocked country in Eastern Europe, with an area of and population of 2.42 million. Moldova is bordered by Romania to the west and Ukraine to the north, east, and south. ...

Montenegro , image_flag = Flag of Montenegro.svg , image_coat = Coat of arms of Montenegro.svg , coa_size = 80 , national_motto = , national_anthem = () , image_map = Europe-Mont ...

and

Kosovo Kosovo, officially the Republic of Kosovo, is a landlocked country in Southeast Europe with International recognition of Kosovo, partial diplomatic recognition. It is bordered by Albania to the southwest, Montenegro to the west, Serbia to the ...

. In 2016, the CEFTA countries were the second largest trading partners of Serbia.{{cite web, script-title=sr:Спољнотрговинска робна размена Републике Србије, децембар 2014., url=http://webrzs.stat.gov.rs/WebSite/public/PublicationView.aspx?pKey=41&pLevel=1&pubType=2&pubKey=2816, website=stat.gov.rs, publisher=епублички завод за статистику, access-date=16 February 2015, language=sr Serbia signed a free trade agreement with

EFTA The European Free Trade Association (EFTA) is a regional trade organization and free trade area consisting of four European states: Iceland, Liechtenstein, Norway and Switzerland. The organization operates in parallel with the European Union ...

members (Switzerland, Norway, Iceland) in 2009. The Serbian free-trade agreement with Russia was implemented since 2000; for a limited number of products, annual import quotas remain in effect.{{cite web, title=SERBIA, url=http://mtt.gov.rs/wp-content/themes/mtt/images/baneri/brosura_engleski_33.pdf, website=mtt.gov.rs, publisher=Ministry of Foreign and Internal Trade and Telecommunications, access-date=3 August 2014, archive-date=24 June 2014, archive-url=https://web.archive.org/web/20140624090713/http://mtt.gov.rs/wp-content/themes/mtt/images/baneri/brosura_engleski_33.pdf, url-status=dead Free-trade agreement with Turkey has been implemented since 2010. Trade with the United States is pursued under the Generalized System of Preferences (GSP) with a preferential duty-free entry for approximately 4,650 products. Serbia signed a free trade agreement with China in October 2023, after six years of negotiations. {, border="1" cellpadding="4" cellspacing="0" class="toccolours" style="align:left; margin:0.5em 0 0; border-style:solid; border:1px solid #7f7f7f; border-right-width:2px; border-bottom-width:2px; border-collapse:collapse; font-size:88%;" , - ! colspan=20 style="background: #efefef; border-bottom: 2px solid gray;" , External trade , - , Year , 2000 , 2002 , 2004 , 2006 , 2008 , 2010 , 2011 , 2012 , 2013 , 2014 , 2015 , 2016 , 2017 , 2018 , 2019 , 2020 , 2021 , 2022 , 2023 , - , Exports (mil. USD): , 1,558 , 2,074 , 3,523 , 6,431 , 10,974 , 9,794 , 11,780 , 11,353 , 14,614 , 14,843 , 13,379 , 14,883 , 16,992 , 19,227 , 19,630 , 19,501 , 25,563 , 29,059 , 30,934 , - , Imports (mil. USD): , 5,614 , 5,614 , 10,755 , 13,174 , 24,332 , 16,471 , 19,862 , 19,014 , 20,543 , 20,650 , 18,218 , 19,247 , 21,946 , 25,883 , 26,730 , 26,233 , 33,797 , 41,154 , 39,837 , - , Balance (mil. USD): , -1,772 , -3,540 , -7,232 , -6,743 , -13,358 , -6,677 , -8,082 , -7,661 , -5,929 , -5,806 , -4,839 , -4,363 , -4,954 , -6,657 , -7,101 , -6,733 , -8,234 , -12,095 , -8,903 , - , Exports/Imports (%): , 46.8 , 36.9 , 32.8 , 48.8 , 45.1 , 59.5 , 59.3 , 59.7 , 71.1 , 71.9 , 73.4 , 78.8 , 77.4 , 74.3 , 73.4 , 74.3 , 76.4 , 70.6 , 77.7 , - , colspan="20"
Source: Statistical Office of Serbia

Foreign direct investments

Attracting foreign direct investments is set as a priority for the government of Serbia, which provides both financial and tax incentives to companies willing to invest. Leading investor nations in Serbia include: Germany, Italy, United States, China, Austria, Norway, and Greece.{{cite web, url=http://ras.gov.rs/invest-in-serbia/why-serbia/join-the-pool-of-the-successful , title=Join the Pool of the Successful, access-date=2018-07-12, website=ras.gov.rs Majority of FDI went into automotive industry, food and beverage industry, machinery, textile and clothing. Foreign direct investments (FDI) coming from the EU accounted for more than 63% of total FDI coming to Serbia from the period of 2010 until 2021.{{cite web, url=https://europa.rs/trade/?lang=en , title=Join the Pool of the Successful, access-date=2023-01-01, website=eu in serbia Blue-chip corporations making investments in manufacturing sector include:

Fiat Chrysler Automobiles Fiat Chrysler Automobiles N.V. (FCA), now part of Stellantis, was an Italian-American multinational corporation primarily known as a manufacturer of Car, automobiles, commercial vehicles, List of auto parts, auto parts and production systems. ...

, Bosch,

Michelin Michelin ( , ), in full ("General Company of the Michelin Enterprises P.L.S."), is a French multinational tyre manufacturing company based in Clermont-Ferrand in the Auvergne-Rhône-Alpes '' région'' of France. It is the second largest t ...

Siemens Siemens AG ( ) is a German multinational technology conglomerate. It is focused on industrial automation, building automation, rail transport and health technology. Siemens is the largest engineering company in Europe, and holds the positi ...

Panasonic is a Japanese multinational electronics manufacturer, headquartered in Kadoma, Osaka, Kadoma, Japan. It was founded in 1918 as in Fukushima-ku, Osaka, Fukushima by Kōnosuke Matsushita. The company was incorporated in 1935 and renamed and c ...

Continental Continental may refer to: Places * Continental, Arizona, a small community in Pima County, Arizona, US * Continental, Ohio, a small town in Putnam County, US Arts and entertainment * ''Continental'' (album), an album by Saint Etienne * Continen ...

Schneider Electric Schneider Electric SE is a French multinational corporation that specializes in digital automation and energy management. Registered as a Societas Europaea, Schneider Electric is a ''Fortune'' Global 500 company, publicly traded on the Euronex ...

, Philip Morris, LafargeHolcim,

PepsiCo PepsiCo, Inc. is an American multinational corporation, multinational food, snack, and beverage corporation headquartered in Harrison, New York, in the hamlet of Purchase, New York, Purchase. PepsiCo's business encompasses all aspects of the f ...

Coca-Cola Coca-Cola, or Coke, is a cola soft drink manufactured by the Coca-Cola Company. In 2013, Coke products were sold in over 200 countries and territories worldwide, with consumers drinking more than 1.8 billion company beverage servings ...

Carlsberg Carlsberg may refer to: Places * Carlsberg (district), a district in Copenhagen, Denmark ** Carlsberg station, its train station * Carlsberg, Germany, a municipality in Rhineland-Palatinate, Germany * Carlsberg Fjord, Greenland Other uses * Carlsbe ...

and others.{{cite web, title=Success Stories , url=http://www.siepa.gov.rs/site/en/home/2/success_stories/ , website=siepa.gov.rs , access-date=2 August 2014 , url-status=dead , archive-url=https://web.archive.org/web/20100307193217/http://www.siepa.gov.rs/site/en/home/2/success_stories/ , archive-date=March 7, 2010 In the energy sector, Russian energy giants, Lukoil and

Gazprom PJSC Gazprom ( rus, Газпром, , ɡɐsˈprom) is a Russian State-owned enterprise, majority state-owned multinational Energy industry, energy corporation headquartered in the Lakhta Center in Saint Petersburg. The Gazprom name is a contract ...

have made large investments. In metallurgy sector, Chinese steel and copper giants, Hesteel and Zijin Mining have acquired steel mill in Smederevo and copper mining complex in Bor, respectively. The financial sector has attracted investments from Italian banks such as

Intesa Sanpaolo Intesa Sanpaolo Società per azioni, S.p.A. is an Italian international banking group. It is Italy's largest bank by total assets and the world's 27th largest. It was formed through the merger of Banca Intesa and Sanpaolo IMI in 2007, but has a ...

and

UniCredit UniCredit S.p.A. (formerly UniCredito Italiano S.p.A.) is an Italian multinational banking group headquartered in Milan. It is a systemically important bank (according to the list provided by the Financial Stability Board in 2022) and the world' ...

Crédit Agricole Crédit Agricole Group (), sometimes called La banque verte (, , due to its historical ties to farming), is a French international banking group and the world's largest cooperative financial institution. It is the second largest bank in France, ...

and

Société Générale Société Générale S.A. (), colloquially known in English-speaking countries as SocGen (), is a French multinational universal bank and financial services company founded in 1864. It is registered in downtown Paris and headquartered nearby i ...

from France, Erste Bank and Raiffeisen from Austria, among others. ICT and telecommunications saw investments from likes such as

Microsoft Microsoft Corporation is an American multinational corporation and technology company, technology conglomerate headquartered in Redmond, Washington. Founded in 1975, the company became influential in the History of personal computers#The ear ...

Telenor Telenor ASA ( or ) is a Norwegian majority state-owned multinational telecommunications company headquartered at Fornebu in Bærum, close to Oslo. It is one of the world's largest mobile telecommunications companies with operations worldwi ...

, Telekom Austria, and NCR. In retail sector, biggest foreign investors are Dutch

Ahold Delhaize Koninklijke Ahold Delhaize N.V. (in Dutch language, Dutch literally "Royal Ahold Delhaize"), commonly known as Ahold Delhaize, is a Dutch-Belgian multinational retail and wholesale holding company. Its name comes from the 2016 merger of two comp ...

, German

Metro AG Metro AG is a German multinational company based in Düsseldorf which operates business membership-only cash and carry stores primarily under the Metro brand. , Metro is operating 626 wholesale stores in 21 countries, including Europe and P ...

and

Schwarz Gruppe The Schwarz Group () is a German multinational retailer that operates stores under the Lidl and Kaufland brands. With revenues of €167.2 billion in fiscal year 2023, Schwarz Group is the largest European retailer and the fourth-largest retai ...

, Greek Veropoulos, and Croatian Fortenova. {, border="1" cellpadding="4" cellspacing="0" class="toccolours" style="align:left; margin:1.5em 0 0; border-style:solid; border:1px solid #7f7f7f; border-right-width:2px; border-bottom-width:2px; border-collapse:collapse; font-size:88%;" , - ! colspan=23 style="background: #efefef; border-bottom: 2px solid gray;" , Foreign direct investments , - , Year , 2000 , 2002 , 2003 , 2004 , 2005 , 2006 , 2007 , 2008 , 2009 , 2010 , 2011 , 2012 , 2013 , 2014 , 2015 , 2016 , 2017 , 2018 , 2019 , 2020 , 2021 , 2022 , - , Total (mil. USD) , 54 , 546 , 1,511 , 1,077 , 1,579 , 5,663 , 4,389 , 3,407 , 2,729 , 1,549 , 3,018 , 2,629 , 1,518 , 1,550 , 2,114 , 2,080 , 2,867 , 3,984 , 4,605 , 3,638 , 4,433 , 4,709 , - , Per capita (USD) , 7.2 , 72.8 , 202.0 , 144.3 , 212.2 , 764.0 , 594.6 , 461.5 , 372.8 , 212.5 , 415.8 , 365.2 , 211.9 , 216.7 , 297.7 , 292.9 , 320.6 , 569.1 , 602.3 , 552.3 , 644.6 , 703.8 , - , colspan="23"
Source: Development Agency of Serbia

Economic sectors

In 2022, the sector with the highest number of companies registered in Serbia is Services with 125,511 companies followed by Wholesale Trade and Manufacturing with 28,699 and 21,865 companies respectively.

Agriculture

{{main, Agriculture in Serbia Serbia has very favourable natural conditions (land and climate) for varied agricultural production. It has 5,056,000 ha of agricultural land (0.7 ha per capita), out of which 3,294,000 ha is arable land (0.45 ha per capita).{{cite web, url=http://www.pks.rs/PrivredaSrbije.aspx?id=13&p=2&, title=Privreda u Srbiji, access-date=27 October 2014 In 2024, Serbia exported agricultural and food products worth $5.3 billion. Agricultural exports constitute more than one-fifth of all Serbia's sales on the world market. Serbia is one of the largest provider of frozen fruit to the EU (largest to the French market, and second largest to the German market).{{cite web, url=http://siepa.gov.rs/en/index-en/key-industries/food.html, title=Food, access-date=27 October 2014, archive-url=https://web.archive.org/web/20141009113803/http://siepa.gov.rs/en/index-en/key-industries/food.html, archive-date=9 October 2014, url-status=dead Agricultural production is most prominent in

Vojvodina Vojvodina ( ; sr-Cyrl, Војводина, ), officially the Autonomous Province of Vojvodina, is an Autonomous administrative division, autonomous province that occupies the northernmost part of Serbia, located in Central Europe. It lies withi ...

on the fertile Pannonian Plain. Other agricultural regions include

Mačva Mačva ( sr-Cyrl, Мачва, ; ) is a geographical and historical region in the northwest of Central Serbia, on a fertile plain between the Sava (river), Sava and Drina rivers. The chief town is Šabac. The modern Mačva District of Serbia is nam ...

, Pomoravlje, Tamnava, Rasina, and Jablanica.{{cite web, url=http://www.srbija.gov.rs/pages/article.php?id=93 , title=Agriculture , publisher=Government of Serbia , access-date=19 March 2013 , url-status=dead , archive-date=16 June 2013 , archive-url=https://web.archive.org/web/20130616151327/http://www.srbija.gov.rs/pages/article.php?id=93 In the structure of the agricultural production 70% is from the crop field production, and 30% is from the livestock production. Serbia is world's second largest producer of

plum A plum is a fruit of some species in Prunus subg. Prunus, ''Prunus'' subg. ''Prunus'.'' Dried plums are often called prunes, though in the United States they may be labeled as 'dried plums', especially during the 21st century. Plums are ...

s (582,485 tons; second to China) and the third largest of

raspberries The raspberry is the edible fruit of several plant species in the genus ''Rubus'' of the Rosaceae, rose family, most of which are in the subgenus ''Rubus#Modern classification, Idaeobatus''. The name also applies to these plants themselves. Ras ...

(127,010 tons, trailing only

Russia Russia, or the Russian Federation, is a country spanning Eastern Europe and North Asia. It is the list of countries and dependencies by area, largest country in the world, and extends across Time in Russia, eleven time zones, sharing Borders ...

and the

United States The United States of America (USA), also known as the United States (U.S.) or America, is a country primarily located in North America. It is a federal republic of 50 U.S. state, states and a federal capital district, Washington, D.C. The 48 ...

). It is also significant producer of maize (6.48 million tons, ranked 32nd in the world) and wheat (2.07 million tons, ranked 35th in the world).{{Citation , url=http://pod2.stat.gov.rs/ObjavljenePublikacije/G2012/pdf/G20122007.pdf , issn=0351-4064 , title=Statistical Yearbook of the Republic of Serbia , year=2012 , publisher=Statistical Office of the Republic of Serbia , archive-url=https://web.archive.org/web/20220429233758/https://pod2.stat.gov.rs/ObjavljenePublikacije/G2012/pdf/G20122007.pdf , archive-date=29 April 2022 Other important agricultural products are:

sunflower The common sunflower (''Helianthus annuus'') is a species of large annual forb of the daisy family Asteraceae. The common sunflower is harvested for its edible oily seeds, which are often eaten as a snack food. They are also used in the pr ...

sugar beet A sugar beet is a plant whose root contains a high concentration of sucrose and that is grown commercially for sugar production. In plant breeding, it is known as the Altissima cultivar group of the common beet (''Beta vulgaris''). Together with ...

soybean The soybean, soy bean, or soya bean (''Glycine max'') is a species of legume native to East Asia, widely grown for its edible bean. Soy is a staple crop, the world's most grown legume, and an important animal feed. Soy is a key source o ...

, potato, apple, mutton, pork meat, beef,

poultry Poultry () are domesticated birds kept by humans for the purpose of harvesting animal products such as meat, Eggs as food, eggs or feathers. The practice of animal husbandry, raising poultry is known as poultry farming. These birds are most typ ...

and dairy. There are 56,000 ha of vineyards in Serbia, producing about 230 million litres of wine annually. Most famous viticulture regions are located in Vojvodina and Šumadija.

Energy

{{Main, Energy in Serbia Dam_Serbia_Djerdap_2

The energy sector is one of the largest and most important sectors to the country's economy. Serbia is a net exporter of electricity and importer of key fuels (such as oil and gas). Serbia has an abundance of coal, and significant reserves of oil and gas. Serbia's proven reserves of 5.5 billion tons of coal lignite are the 5th largest in the world (second in Europe, after Germany).{{cite web, url=http://www.b92.net/biz/vesti/srbija.php?yyyy=2011&mm=04&dd=19&nav_id=507192 , title=Biz – Vesti – Srbija ima uglja za još jedan vek , date=19 April 2011 , publisher=B92 , trans-title=Biz - News - Serbia has coal for another one, language=hr Coal is found in two large deposits: Kolubara (4 billion tons of reserves) and

Kostolac Kostolac ( sr-Cyrl, Костолац) is a town in Serbia and one of two city municipalities which constitute the City of Požarevac. It is situated on the Danube river. The remains of Viminacium, the capital of the Roman province of Moesia Superi ...

(1.5 billion tons). Despite being small on a world scale, Serbia's oil and gas resources (77.4 million tons of oil equivalent and 48.1 billion cubic meters, respectively) have a certain regional importance since they are largest in the region of former Yugoslavia as well as the Balkans (excluding Romania). Almost 90% of the discovered oil and gas are to be found in

Banat Banat ( , ; ; ; ) is a geographical and Historical regions of Central Europe, historical region located in the Pannonian Basin that straddles Central Europe, Central and Eastern Europe. It is divided among three countries: the eastern part lie ...

and those oil and gas fields are by size among the largest in the Pannonian basin but are average on a European scale. The production of electricity in 2018 in Serbia was 38.3 billion kilowatt-hours (KWh), while the final electricity consumption amounted to 28.1 billion kilowatt-hours (KWh). Most of the electricity produced comes from thermal-power plants (71% of all electricity) and to a lesser degree from hydroelectric-power plants (24%) and wind energy (3%). There are 6 lignite-operated thermal-power plants with an installed power of 3,936 MW; largest of which are 1,502 MW- Nikola Tesla 1 and 1,160 MW- Nikola Tesla 2, both in Obrenovac. Total installed power of 9 hydroelectric-power plants is 2,831 MW, largest of which is Đerdap 1 with capacity of 1,026 MW. In addition to this, there are mazute and gas-operated thermal-power plants with an installed power of 353 MW. The entire production of electricity is concentrated in Elektroprivreda Srbije (EPS), public electric-utility power company. The current oil production in Serbia amounts to over 1.1 million tons of oil equivalent and satisfies some 43% of country's needs while the rest is imported.{{cite web, url=http://uk.practicallaw.com/4-524-1945?q=*&qp=&qo=&qe= , title=Practical Law , publisher=Uk.practicallaw.com , date=1 February 2013 National petrol company, Naftna Industrija Srbije (NIS), was acquired in 2008 by Gazprom Neft. The company's refinery in

Pančevo Pančevo (Serbian Cyrillic: Панчево, ; ; ; ; ) is a list of cities in Serbia, city and the administrative center of the South Banat District in the autonomous province of Vojvodina, Serbia. It is located on the shores of rivers Timiș (ri ...

(capacity of 4.8 million tons) is one of the most modern oil-refineries in Europe; it also operates network of 334 filling stations in Serbia (74% of domestic market) and additional 36 stations in

, 31 in

Bulgaria Bulgaria, officially the Republic of Bulgaria, is a country in Southeast Europe. It is situated on the eastern portion of the Balkans directly south of the Danube river and west of the Black Sea. Bulgaria is bordered by Greece and Turkey t ...

, and 28 in

Romania Romania is a country located at the crossroads of Central Europe, Central, Eastern Europe, Eastern and Southeast Europe. It borders Ukraine to the north and east, Hungary to the west, Serbia to the southwest, Bulgaria to the south, Moldova to ...

. There are 155 kilometers of crude oil pipelines connecting Pančevo and Novi Sad refineries as a part of trans-national Adria oil pipeline. Serbia is heavily dependent on foreign sources of natural gas, with only 17% coming from domestic production (totalling 491 million cubic meters in 2012) and the rest is imported, mainly from Russia (via gas pipelines that run through Ukraine and Hungary). Srbijagas, public company, operates the natural gas transportation system which comprise 3,177 kilometers of trunk and regional natural gas pipelines and a 450 million cubic meter underground gas storage facility at Banatski Dvor.

Industry

{{See also, Automotive industry in Serbia, Defense industry of Serbia The industry is the economy sector that was the hardest hit by the UN sanctions and trade embargo and NATO bombing during the 1990s and transition to market economy during the 2000s. The industrial output saw dramatic downsizing: in 2013 it was expected to be only a half of that of 1989. Main industrial sectors include: automotive, mining, non-ferrous metals, food-processing, electronics, pharmaceuticals, clothes. Serbia has 14 free economic zones as of September 2017,{{cite news , last1=Mikavica , first1=A. , title=Slobodne zone mamac za investitore , url=http://www.politika.rs/sr/clanak/388105/Slobodne-zone-mamac-za-investitore , access-date=17 March 2019 , work=politika.rs , date=3 September 2017 , language=sr in which many foreign direct investments are realized. Automotive industry (with

as a forebearer) is dominated by cluster located in

Kragujevac Kragujevac ( sr-Cyrl, Крагујевац, ) is the List of cities in Serbia, fourth largest city in Serbia and the administrative centre of the Šumadija District. It is the historical centre of the geographical region of Šumadija in central Se ...

and its vicinity, and contributes to export with about $2 billion. Country is a leading steel producer in the wider region of South Central Europe and had production of nearly 2 million tons of raw steel in 2018, coming entirely from Smederevo steel mill, owned by the Chinese Hesteel. Serbia notably manufactures

intel Intel Corporation is an American multinational corporation and technology company headquartered in Santa Clara, California, and Delaware General Corporation Law, incorporated in Delaware. Intel designs, manufactures, and sells computer compo ...

smartphones named Tesla smartphones. Food industry is well known both regionally and internationally and is one of the strong points of the economy. Some of the international brand-names established production in Serbia:

and

Nestlé Nestlé S.A. ( ) is a Swiss multinational food and drink processing conglomerate corporation headquartered in Vevey, Switzerland. It has been the largest publicly held food company in the world, measured by revenue and other metrics, since 20 ...

in food-processing sector;

(Belgrade),

Heineken Heineken Lager Beer (), or simply Heineken (), is a Dutch pale lager beer with 5% alcohol by volume produced by the Dutch brewing company Heineken N.V. Heineken beer is sold in a green bottle with a red star. History On 15 February 1864, ...

(Novi Sad) and

(Bačka Palanka) in beverage industry; Nordzucker in sugar industry. Serbia's electronics industry had its peak in the 1980s and the industry today is only a third of what it was back then, but has witnessed a something of revival in last decade with investments of companies such as

(wind turbines) in Subotica,

(lighting devices) in Svilajnac, and

Gorenje , net income = €111.17 million (2018)} , aum = , assets = €1.061 billion (2018)} , equity = €244.70 million (2018)} , owner = Hisense , num_employees = 11,098 , parent = Hisense , homepage = Gorenje (); stylized as ''gorenje'' ...

(electrical home appliances) in Valjevo. The pharmaceutical industry in Serbia comprises a dozen manufacturers of generic drugs, of which Hemofarm in Vršac and Galenika in Belgrade, account for 80% of production volume. Domestic production meets over 60% of the local demand.

Mining

{{Further, Oil shale in SerbiaSerbia's mining industry is comparatively strong: Serbia is the 18th largest producer of coal (7th in Europe) extracted from large deposits in Kolubara and

basins; it is also world's 23rd largest (3rd in Europe) producer of copper which is extracted by Zijin Bor Copper, a large copper mining company, acquired by Chinese Zijin Mining in 2018; significant gold extraction is developed around

Majdanpek Majdanpek ( sr-cyr, Мајданпек; ) is a town and municipality located in the Bor District of the eastern Serbia, and is not far from the border of Romania. According to 2022 census, the municipality of Majdanpek had a population of 14,559 ...

Telecommunications and IT industry

{{main, Telecommunications in Serbia Fixed telephone lines connect 89% of households in Serbia, and with about 8.82 million users the number of cellphones surpasses the total population of Serbia by 25%. The largest mobile operator is

Telekom Srbija Telekom Srbija a.d. Beograd is a Serbian state-owned telecommunications operator. It was founded in May 1997 as a joint-stock company, by spinning off the telecommunications business from PTT Srbija (present-day Pošta Srbije). In April 201 ...

with 4.06 million subscribers, followed by

Yettel Serbia Yettel Serbia (known as Telenor Serbia until 2022) is a Serbian mobile network operator, mobile, fixed telephony, fixed, internet service provider, internet and IPTV provider, owned by the Czech investment group PPF (company), PPF. It is headquart ...

with 2.73 million users and A1 Srbija with about 2.03 million.{{Citation , title=AN OVERVIEW OF THE ELECTRONIC COMMUNICATIONS MARKET , url=https://www.ratel.rs/upload/documents/Kvartalni%20pregled%20podatka%20o%20stanju%20trzista%20elektronskih%20komunikacija%20Q3%202017%20-%20ZA%20SAJT.pdf , year=2017 , archive-url=https://web.archive.org/web/20220615234532/https://www.ratel.rs/upload/documents/Kvartalni%20pregled%20podatka%20o%20stanju%20trzista%20elektronskih%20komunikacija%20Q3%202017%20-%20ZA%20SAJT.pdf , archive-date=15 June 2022 Some 58% of households have fixed-line (non-mobile) broadband Internet connection while 67% are provided with pay television services (i.e. 38% cable television, 17% IPTV, and 10% satellite).

Digital television transition The digital television transition, also called the digital switchover (DSO), the analogue switch/sign-off (ASO), the digital migration, or the analogue shutdown, is the process in which older analogue television broadcasting technology is con ...

has been completed in 2015 with

DVB-T2 DVB-T2 is an abbreviation for "Digital Video Broadcasting – Second Generation Terrestrial"; it is the extension of the television standard DVB-T, issued by the consortium DVB, devised for the broadcast transmission of digital terrestrial telev ...

standard for signal transmission.{{cite web, url=http://www.etv.rs/etvesti/87-etvakcije/281-zavrsena-digitalizacija, url-status=dead, archive-url=https://web.archive.org/web/20160304085213/http://www.etv.rs/etvesti/87-etvakcije/281-zavrsena-digitalizacija, archive-date=2016-03-04, title=ZAVRŠENA DIGITALIZACIJA! Avala TV Tower

The Serbian IT industry is rapidly growing and changing pace. In 2018, IT services exports reached $1.3 billion. With 6,924 companies in the IT sector ({{as of, 2013, alt=2013 data), Belgrade is one of the

information technology Information technology (IT) is a set of related fields within information and communications technology (ICT), that encompass computer systems, software, programming languages, data processing, data and information processing, and storage. Inf ...

centers in this part of Europe, with strong growth.{{cite web, url=http://www.novosti.rs/vesti/beograd.74.html:430759-U-Beogradu-radi-120000-firmi , title=U Beogradu radi 120.000 firmi , publisher=Večernje Novosti, date=23 April 2013 , access-date=4 November 2013

Development Center located in Belgrade was at the time of its establishment fifth such center in the world. Many world IT companies choose Belgrade as regional or European center such as

Asus ASUSTeK Computer Inc. (, , , ; stylized as ASUSTeK or ASUS) is a Taiwanese Multinational corporation, multinational computer, phone hardware and electronics manufacturer headquartered in Beitou District, Taipei, Taiwan. Its products include deskto ...

Intel Intel Corporation is an American multinational corporation and technology company headquartered in Santa Clara, California, and Delaware General Corporation Law, incorporated in Delaware. Intel designs, manufactures, and sells computer compo ...

Dell Dell Inc. is an American technology company that develops, sells, repairs, and supports personal computers (PCs), Server (computing), servers, data storage devices, network switches, software, computer peripherals including printers and webcam ...

Huawei Huawei Technologies Co., Ltd. ("Huawei" sometimes stylized as "HUAWEI"; ; zh, c=华为, p= ) is a Chinese multinational corporationtechnology company in Longgang, Shenzhen, Longgang, Shenzhen, Guangdong. Its main product lines include teleco ...

, NCR,

Ubisoft Ubisoft Entertainment SA (; ; formerly Ubi Soft Entertainment SA) is a French video game publisher headquartered in Saint-Mandé with development studios across the world. Its video game franchises include '' Anno'', '' Assassin's Creed'', ' ...

, etc. These companies have taken advantage of Serbia's large pool of engineers and relatively low wages. Large investments by global tech companies, such as

, typical of the 2000s, are being eclipsed by a growing number of domestic startups which obtain funding from domestic and international investors. What brought companies like Microsoft in the first place was a large pool of talented engineers and mathematicians.{{cite news, last=MacDowall, first=Andrew, date=28 October 2013, title=Serbia's technical talent attracts global investors, url=https://www.ft.com/content/7d899fac-3a42-11e3-9243-00144feab7de , archive-url=https://ghostarchive.org/archive/20221211/https://www.ft.com/content/7d899fac-3a42-11e3-9243-00144feab7de , archive-date=11 December 2022 , url-access=subscription , url-status=live, access-date=21 June 2019, website=

Financial Times The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and also published digitally that focuses on business and economic Current affairs (news format), current affairs. Based in London, the paper is owned by a Jap ...

, language=en-US In just the first quarter of 2016, more than US$65 million has been raised by Serbian startups including $45 million for Seven Bridges (a

Bioinformatics Bioinformatics () is an interdisciplinary field of science that develops methods and Bioinformatics software, software tools for understanding biological data, especially when the data sets are large and complex. Bioinformatics uses biology, ...

firm) and $14 million for Vast (a

data analysis Data analysis is the process of inspecting, Data cleansing, cleansing, Data transformation, transforming, and Data modeling, modeling data with the goal of discovering useful information, informing conclusions, and supporting decision-making. Da ...

firm). One of the most successful startups have been

Nordeus Nordeus is a Serbian mobile game developer headquartered in New Belgrade. History Nordeus was founded in March 2010 by former Microsoft employees. On February 2, 2021, Take-Two Interactive announced that they had acquired Nordeus for $378 mill ...

, which was founded in

in 2010, and is one of Europe's fastest-growing companies in the field of video games (the developer of

Top Eleven Football Manager ''Top Eleven'' is a football manager simulation developed and published by Nordeus in May 2010, and is available on both Google Play Store and the App Store. Overview The game can also be played on Facebook and it allows players to play again ...

; a game played by over 20 million people). {{Multiple image , align = right , direction = vertical , width = 185 , image1 = Golubac Fortress (град Голубац).jpg , caption1 = Golubac fortress , image2 = Stara_Planina_(Old_mountain).jpg , caption2 = Stara planina , total_width = , alt1 =

Tourism

{{main, Tourism in Serbia The touristic sector accounted for 1.4% of

GDP Gross domestic product (GDP) is a monetary measure of the total market value of all the final goods and services produced and rendered in a specific time period by a country or countries. GDP is often used to measure the economic performance o ...

in 2017 and employs some 75,000 people, about 3% of the country's workforce.Serbia
in: Alain Dupeyras (ed.) (2012). ''OECD tourism trends and policies 2012''. Paris: Organization for Economic Cooperation & Development. {{ISBN, 9789264177567. {{nowrap, p. 403–407.{{doi, 10.1787/tour-2012-56-en Foreign exchange earnings from tourism in 2018 were estimated at $1.5 billion. Serbia is not a mass-tourism destination but nevertheless has a diverse range of touristic products. In 2018, total of over 3.4 million tourists were recorded in accommodations, of which half were foreign.{{Cite web, url=http://publikacije.stat.gov.rs/G2019/Pdf/G20191016.pdf, title=Office of the Republic of Serbia, data for 2018, archive-url=https://web.archive.org/web/20180404134600/http://www.stat.gov.rs/WebSite/repository/documents/00/02/80/37/ut10032018.pdf, archive-date=2018-04-04, url-status=live Tourism is mainly focused on the mountains and spas of the country, which are mostly visited by domestic tourists, as well as

which is preferred choice of foreign tourists. The most famous mountain resorts are Kopaonik,

Stara Planina The Balkan mountain range is located in the eastern part of the Balkan peninsula in Southeastern Europe. It is conventionally taken to begin at the peak of Vrashka Chuka on the border between Bulgaria and Serbia. It then runs for about , first ...

, and

Zlatibor Zlatibor ( sr-cyr, Златибoр ) is a List of mountains of Serbia, mountainous region in western Serbia. Among the most popular places in Serbia for tourism, Zlatibor's main attractions include health tourism, skiing, and hiking and the lo ...

. There are also many spas in Serbia, the biggest of which is

Vrnjačka Banja Vrnjačka Banja ( sr-cyr, Врњачка Бања) is a town and municipality located in the Raška District of central Serbia. The population of the town is 9,252 inhabitants, while the population of the municipality is 25,065 inhabitants (2022 ce ...

, Soko Banja, and Banja Koviljača. City-break and conference tourism is developed in Belgrade (which was visited by 938,448 foreign tourists in 2018, more than a half of all international visits to the country) and to a lesser degree

. Other touristic products that Serbia offer are natural wonders like Đavolja varoš, Christian pilgrimage to the many Orthodox monasteries across the country and the river cruising along the

Danube The Danube ( ; see also #Names and etymology, other names) is the List of rivers of Europe#Longest rivers, second-longest river in Europe, after the Volga in Russia. It flows through Central and Southeastern Europe, from the Black Forest sou ...

. There are several internationally popular music festivals held in Serbia, such as

EXIT Exit(s) may refer to: Architecture and engineering * Door * Portal (architecture), an opening in the walls of a structure * Emergency exit * Overwing exit, a type of emergency exit on an airplane * Exit ramp, a feature of a road interchange A ...

(with 25–30,000 foreign visitors coming from 60 countries) and the

Guča trumpet festival Guča (Serbian Cyrillic: Гуча, pronounced ) is a small town near the city of Čačak, located in the Lučani municipality, Moravica District, in the Dragačevo region of western Serbia. As of 2022 census, it has a population of 3,185 inhabitan ...

Transport

{{main, Transport in Serbia Serbia has a strategic transportation location since the country's backbone,

Morava Valley The Morava Valley ( / ''Pomoravlje'', ), is a general term which in its widest sense marks valleys of any of three Morava rivers in Serbia: the West Morava ( West Morava Valley), the South Morava ( South Morava Valley) and the Great Morava ( ...

, represents by far the easiest route of land travel from continental Europe to

Asia Minor Anatolia (), also known as Asia Minor, is a peninsula in West Asia that makes up the majority of the land area of Turkey. It is the westernmost protrusion of Asia and is geographically bounded by the Mediterranean Sea to the south, the Aegean ...

and the

Near East The Near East () is a transcontinental region around the Eastern Mediterranean encompassing the historical Fertile Crescent, the Levant, Anatolia, Egypt, Mesopotamia, and coastal areas of the Arabian Peninsula. The term was invented in the 20th ...

. Serbian road network carries the bulk of traffic in the country. Total length of roads is 45,419 km of which 915 km are "class-Ia state roads" (i.e.

motorways A controlled-access highway is a type of highway that has been designed for high-speed vehicular traffic, with all traffic flow—ingress and egress—regulated. Common English terms are freeway, motorway, and expressway. Other similar terms ...

); 4,481 km are "class-Ib state roads" (national roads); 10,941 km are "class-II state roads" (regional roads) and 23,780 km are "municipal roads". The road network, except for the most of class-Ia roads, are of comparatively high quality to the Western European standards because of huge financial investments Serbias has been seeing in the last 10 years. Over 300 kilometers of new motorways has been constructed in the last decade and additional 142 kilometers are currently under construction: A5 motorway (from north of

Kruševac Kruševac ( sr-Cyrl, Крушевац, ) is a list of cities in Serbia, city and the administrative center of the Rasina District in central Serbia. It is located in the valley of West Morava, on Rasina (river), Rasina river. According to the 202 ...

Čačak Čačak ( sr-Cyrl, Чачак, ) is a List of cities in Serbia, city and the administrative center of the Moravica District in central Serbia. It is located in the West Morava Valley. According to the 2022 census, the city itself has a population ...

) and 30 km-long segment of A2 (between

and Požega). Coach transport is very extensive: almost every place in the country is connected by bus, from largest cities to the villages; in addition there are international routes (mainly to countries of Western Europe with small Serb diaspora). Routes, both domestic and international, are served by more than 100 bus companies, biggest of which are Lasta and

Niš-Ekspres Niš-Ekspres (full legal name: ''Akcionarsko društvo za saobraćajnu delatnost Niš-Ekspres Niš'') is a bus company based in Niš, Serbia. Established in 1951, the company is today the largest and most-used public intercity transportation from N ...

. {{As of, 2018, there were 1,959,584 registered passenger cars or 1 passenger car per 3.5 inhabitants. Serbia has 3,819 kilometers of rail tracks, of which 1,279 are electrified and 283 kilometers are double-track railroad. The major rail hub is Belgrade (and to a lesser degree Niš), while the most important railroads include: Belgrade–Bar (Montenegro), Belgrade–Šid–Zagreb (Croatia)/Belgrade–Niš–Sofia (Bulgaria) (part of

Pan-European Corridor X The Corridor X is one of the pan-European corridors. It runs between Salzburg in Austria and Thessaloniki in Greece. The corridor passes through Austria, Slovenia, Croatia, Serbia, North Macedonia, and Greece. It has four branches: Xa, Xb, ...

), Belgrade–Subotica–Budapest (Hungary) and Niš–Thessaloniki (Greece). Although still a major mode of freight transportation, railroads face increasing problems with the maintenance of the infrastructure and lowering speeds. The rail services are operated by Srbija Voz (passenger transport) and Srbija Kargo (freight transport). There are three airports with regular passenger traffic.

Belgrade Nikola Tesla Airport Belgrade Nikola Tesla Airport ( sr-Cyrl-Latn, Аеродром Никола Тесла Београд, Aerodrom Nikola Tesla Beograd, separator=" / ") or Belgrade Airport ( sr-Cyrl-Latn, Аеродром Београд, Aerodrom Beograd, sep ...

served 5.6 million passengers in 2018 and is a hub of flagship carrier

Air Serbia Air Serbia (stylised as ''AirSERBIA''; ) is the flag carrier of Serbia. The company's headquarters is located in Belgrade, Serbia, and its main hub is Belgrade Nikola Tesla Airport. The airline was known as Jat Airways until it was renamed a ...

which carried some 2.5 million passengers in 2018. Niš Constantine the Great Airport is mainly catering

low-cost airline A low-cost carrier (LCC) or low-cost airline, also called a budget, or discount carrier or airline, is an airline that is operated with an emphasis on minimizing operating costs. It sacrifices certain traditional airline luxuries for cheaper fa ...

s. Morava Airport is currently only served by Air Serbia. Serbia has a developed inland water transport since there are 1,716 kilometers of navigable inland waterways (1,043 km of navigable rivers and 673 km of navigable canals), which are almost all located in northern third of the country. The most important inland waterway is the

(part of Pan-European Corridor VII). Other navigable rivers include

Sava The Sava, is a river in Central Europe, Central and Southeast Europe, a right-bank and the longest tributary of the Danube. From its source in Slovenia it flows through Croatia and along its border with Bosnia and Herzegovina, and finally reac ...

Tisza The Tisza, Tysa or Tisa (see below) is one of the major rivers of Central and Eastern Europe. It was once called "the most Hungarian river" because it used to flow entirely within the Kingdom of Hungary. Today, it crosses several national bo ...

Begej The Bega or Begej (; ; ; , formerly ''Kistemes''), is a 244 km (152 mile) long river in Romania (169 km; 105 mi.) and Serbia (75 km; 47 mi.). It rises in the Poiana Ruscă Mountains in Romania, part of the Carpathian M ...

and Timiş River, all of which connect Serbia with Northern and Western Europe through the Rhine–Main–Danube Canal and

North Sea The North Sea lies between Great Britain, Denmark, Norway, Germany, the Netherlands, Belgium, and France. A sea on the European continental shelf, it connects to the Atlantic Ocean through the English Channel in the south and the Norwegian Se ...

route, to Central Europe via the Tisza, Begej and Danube Black Sea routes, and to Southern Europe via the Sava river. More than 2 million tons of cargo were transported on Serbian rivers and canals in 2016 while the largest river ports are: Novi Sad, Belgrade, Pančevo,

Smederevo Smederevo ( sr-Cyrl, Смедерево, ) is a list of cities in Serbia, city and the administrative center of the Podunavlje District in eastern Serbia. It is situated on the right bank of the Danube, about downstream of the Serbian capital, ...

, Prahovo and Šabac.

Economic indicators

The following table shows the main economic indicators {, class="wikitable sortable" style="text-align: center;font-size:100%" , + !Year !GDP (in Bil. US$ PPP) !GDP per capita (in US$ PPP) !GDP (in Bil. EUR nominal) !GDP per capita (in EUR nominal) !GDP (in Bil. US$ nominal) !GDP per capita (in US$ nominal) !GDP GROWTH (REAL IN %) !TOTAL INVESTMENT(IN % GDP) !Foreign direct investments (bln. USD) !Foreign direct investments (bln. EUR) !Inflation (in %) !Exchange rate (to 1 EUR) !Exchange rate (to US$1) !Unemployment rate (in %) !Employment rate (in %) !Employment registered (person) !Labor force (in number) !Foreign exchange reserves(Central bank (bln. EUR)) !Foreign exchange reserves( Comm. banks (bln. EUR)) !Foreign exchange reserves(Total (bln. EUR) ) !Gold Reserves (Total (T Gold ) ) !Trade Exports (Exports ((mil. USD)) !Trade Imports (Imports ((mil. USD)) !Trade Balance (Imports ((mil. USD)) !External trade (Exports/Imports (%)) !Government debt (% GDP) !Minimum net salary (in EUR) !Median net salary (50% emoyees) (in EUR) !Average net salary (in EUR) !Average gross salary (in EUR) , - , 2000 , $47.5 , $6.313.275 , 28.5 , €2.650 , 9.3 , $1.239.745 , 7.759% , 10.720% , $54 , , 70.000% , 61.51 , 58.98 , 12.100% , 32.3% , , 3.569.895 , €0.55 , €0.39 , €0.95 , , 1,558 , 5,614 , -1,772 , 46.8% , 201.2% , , , €101 , €? , - , 2001 , $49.5 , $6.789.478 , 14.6 , €2.840 , 12.3 , $1.642.080 , 4.993% , 19.350% , $501 , , 80.744% , 65.5 , 58.95 , 12.200% , 41.4% , , 3.550.875 , €0.61 , €0.51 , €0.98 , , , , , 49.8% , 36.9% , , , €102 , €? , - , 2002 , $55.4 , $7.389.302 , 18.2 , €3.020 , 16.2 , $2.158.378 , 7.116% , 21.367% , $546 , , 8.868% , 78.89 , 57.94 , 14.470% , 43.5% , , 3.535.725 , €2.19 , €0.68 , €2.86 , , 2,074 , 5,614 , -3,540 , 36.9% , 68.3% , €92 , , €152 , €? , - , 2003 , $59.0 , $7.888.299 , 19.9 , €3.160 , 21.2 , $2.838.501 , 4.415% , 22.311% , $1,511 , , 2.901% , 79.23 , 58,85 , 16.000% , 43.5% , , 3.522.846 , €2.36 , €0.69 , €3.20 , , , , , 34.5% , 55.6% , €105 , , €177 , €? , - , 2004 , $66.1 , $8.853.456 , 21.0 , €3.460 , 24.8 , $3,317.624 , 9.047% , 30.104% , $1,077 , , 10.602% , 78.89 , 59.98 , 19.530% , 43.6% , , 3.497.569 , €3.10 , €0.59 , €3.70 , , 3,523 , 10,755 , -7,232 , 32.8% , 52.6% , €124 , , €194 , €? , - , 2005 , $75.1 , $10.088.561 , 22.3 , €3.660 , 27.5 , $3.697.899 , 10.154% , 22.541% , $1,579 , , 16.253% , 79.00 , 62.90 , 21.830% , 43.8% , , 3.369.669 , €3.23 , €0.62 , €3.80 , , , , , 33.2% , 51.6% , €126 , , €210 , €? , - , 2006 , $81.3 , $10.974.129 , 25.9 , €3.860 , 32.6 , $4.401.870 , 5.108% , 21.762% , $5,663 , , 10.732% , 88.60 , 66.73 , 21.560% , 43.8% , , 3.211.965 , €9.02 , €0.52 , €9.54 , , 6,431 , 13,174 , -6,743 , 48.8% , 52.6% , €145 , , €258 , €? , - , 2007 , $88.9 , $12.045.218 , 31.6 , €4.130 , 43.4 , $5.882.939 , 6.440% , 25.070% , $4,389 , , 6.002% , 95.89 , 79.28 , 18.800% , 47.5% , , 3.204.276 , €8.16 , €0.52 , €9.08 , , , , , 45.1% , 35.9% , €188 , , €347 , €? , - , 2008 , $95.7 , $13.025.828 , 35.7 , €4.380 , 52.1 , $7.092.355 , 5.656% , 26.522% , $3,407 , , 12.411% , 105.50 , 80.87 , 14.400% , 48.8% , , 3.229.170 , €10.60 , €0.92 , €12.03 , , 10,974 , 24,332 , -13,358 , 59.5% , 28.3% , €233 , , €401 , €? , - , 2009 , $93.7 , $12.802.431 , 32.5 , €4.280 , 45.2 , $6.172.494 , -2.732% , 18.737% , $2,729 , , 8.117% , 104.64 , 86.18 , 16.900% , 48.8% , , 3.074.965 , €10.00 , €1.42 , €11.69 , , , , , 59.3% , 32.8% , €220 , , €338 , €? , - , 2010 , $95.5 , $13.103.603 , 31.5 , €4.330 , 41.4 , $5.677.545 , 0.731% , 18.380% , $1,549 , , 6.143% , 105.50 , 83.13 , 20.000% , 46.5% , , 2.931.478 , €12.06 , €1.68 , €12.87 , , , 16,471 , -6,677 , 59.7% , 41.8% , €203 , , €330 , €468 , - , 2011 , $99.5 , $13.751.806 , 35.4 , €4.450 , 49.3 , $6.814.650 , 2.036% , 19.217% , $3,018 , , 11.137% , 113.72 , 83.13 , 23.600% , 44.3% , , 2.883.187 , €10.91 , €0.80 , €11.97 , , 11,780 , 19,862 , -8,082 , 71.1% , 45.4% , €234 , , €372 , €521 , - , 2012 , $100.4 , $13.938.823 , 33.7 , €4.440 , 43.3 , $6.016.788 , -0.682% , 17.317% , $2,629 , , 7.330% , 114.64 , 99.46 , 24.600% , 43.5% , , 2.888.489 , €11.19 , €0.91 , €12.10 , 15 T , 11,353 , 19,014 , -7,661 , 71.9% , 56.2% , €236 , , €366 , €555 , - , 2013 , $104.9 , $14.634.218 , 36.4 , €4.590 , 48.4 , $6.757.467 , 2.893% , 16.715% , $1,518 , , 7.694% , 120.96 , 111.25 , 23.000% , 42.8% , , 2.982.216 , €9.91 , €0.91 , €11.64 , , 14,614 , 20,543 , -5,929 , 73.4% , 59.6% , €232 , €294 , €388 , €597 , - , 2014 , $104.6 , $14.667.214 , 35.5 , €4.540 , 47.1 , $6.603.499 , -1.590% , 18.681% , $1,550 , , 2.082% , 121.63 , 117.13 , 19.894% , 43.5% , , 3.175.885 , €10.38 , €1.73 , €12.11 , , 14,843 , 20,650 , -5,806 , 70.4% , 70.4% , €235 , , €380 , €585 , - , 2015 , $106.0 , $14.932.417 , 35.7 , €4.640 , 39.7 , $5.588.980 , 1.776% , 18.078% , $2,114 , , 1.392% , 123.47 , 103.39 , 18.231% , 44.1% , 1.989.617 , 3.136.661 , €10.20 , €1.43 , €11.81 , , 13,379 , 18,218 , -4,839 , 78.8% , 74.7% , €236 , , €368 , €603 , - , 2016 , $111.9 , $15.856.452 , 36.8 , €4.820 , 40.7 , $5.765.204 , 3.339% , 19.575% , $2,080 , , 1.122% , 118.45 , 104.92 , 15.917% , 44.1% , 2.009.785 , 3.227.121 , €9.96 , €1.56 , €11.52 , , 14,883 , 19,247 , -4,363 , 77.4% , 71.9% , €230 , €302 , €375 , €627 , - , 2017 , $116.7 , $16.621.467 , 39.2 , €4.950 , 44.2 , $6.292.547 , 2.101% , 22.655% , $2,867 , , 3.131% , 118.19 , 104.55 , 14.051% , 45.8% , 2.062.588 , 3.252.029 , €11.26 , €1.11 , €11.76 , , 16,992 , 21,946 , -4,954 , 74.3% , 61.5% , €238 , , €395 , €638 , - , 2018 , $124.9 , $17.880.955 , 42.9 , €5.200 , 50.6 , $7.252.404 , 4.495% , 25.104% , $3,984 , €3,496 , 1.960% , 117.59 , 101.92 , 13.273% , 46.5% , 2.131.079 , 3.268.748 , €11.88 , €1.63 , €12.92 , , 19,227 , 25,883 , -6,657 , 73.4% , 53.8% , €239 , , €421 , €678 , - , 2019 , $132.5 , $19.025.432 , 46.0 , €5.460 , 51.5 , $7.391.841 , 4.249% , 23.173% , $4,605 , €3,815 , 1.850% , 117.45 , 101.98 , 10.909% , 47.7% , 2.173.135 , 3.260.591 , €12.55 , €1.81 , €14.36 , , 19,630 , 26,730 , -7,101 , 74.3% , 56.7% , €240 , , €466 , €700 , - , 2020 , $132.8 , $19.168.069 , '
49.024
''
€710655.948$8109

-1%
, 24.414% , $3,638 , €3,039 , 1.575% , 117.20 , 104.58 , 9.457% , 47.8% , 2.215.475 , 3.196.753 , €12.88 , €1.90 , €14.78 , , 19,501 , 26,233 , -6,733 , 75.5% , 56.9% , €251 , €416 , €511 , €871 , - , 2021 , $148.7 , $21.774.030 , '
55.931
''
€818466.096$96717.9%
, 25.011% , $4,433 , €3,863 , 4.085% , 117.22 , 103.61 , 10.093% , 50.0% , 2.273.591 , 3.176.077 , €13.90 , €2.55 , €16.45 , 37.2 T , $25,563 , $33,797 , $-8,234 , 76.4% , 56.5% , €255 , €455 , €635 , €920 , - , 2022 , $163.7 , $23.919.000 , '
63.501
''
€952866.679$100052.6%
, 26.780% , $4,709 , €4,416 , 11.982% , 117,67 , 110,48 , 9.885% , 50.9% , 2.308.955 , 3.167.119 , €16.20 , €3.21 , €19.416 , 38.5 T , $29,058 , $41,148 , $-12,090 , 70.6% , 52.1% , €302 , €516 , €717 , €1002 , - , 2023 , $182.3
$27,575
, '
75.204
''
€11355
, '
81.334
''
$122803.8%22.7%$4,940€4,53212.1%
, 117,54 , 107,72
9.1%50.5%2 870 2003 158 300
, €20.25 , €3.36
€23.62438.47 T30,934$$39,837
, $-8,903
77.7%48.3%€341
, - , 2024 , $191.561 , $29038.902 , 79.33€ , 12025.97€ , 82.55

12513.826$
, 3.916% , 22.557%
5.270$
, 5.067€ , 4.533% , 117.3659 , 112.7759 , 9.075% , 51.9%
29235003180600
, 24,456.9€ , 3,831.1€ , 28704.6€
47.26 T
, '
29194.9$
'' , 38543.6$ , -9348$ , 75.7%
48.609%426.24€
, 663.08€
856€
, 1200€
International Monetary Fund (IMF)
https://www.stat.gov.rs/ ПОЧЕТНА , Републички завод за статистику Србиј�
Народна банка Србије
https://www.worldbank.org/ World Bank Group - International Development, Poverty and Sustainability]

Labour

In 2021, the labour force was estimated at 3.201 million and employment stood at 2.848 million persons (formal employment amounted to 2.473 million while informal was at 0.375 million). Employment rate (among population aged 15 and over) is comparatively low and stood at 48.6%; of those employed; of those employed 15.9 worked in agriculture, 28.1% in industry, and 56% in services in 2018. The unemployment rate has been in double digits throughout the post-socialist era, reaching its peak at 25.9% in 2012. Since then, the rate has decreased substantially, with the creation of new jobs in primarily private sector, reaching 9.8% in 2021. {{Image label begin, image=Serbia_adm_location_map.svg, width=330 {{Image label small, x=0.30, y=0.12, , scale=330, text= North Banat District, {{font color, black, #45B8DB, 10,2% {{Image label small, x=0.18, y=0.14, , scale=330, text= {{font color, black, #D1A5C2, 4% {{Image label small, x=0.10, y=0.20, , scale=330, text= {{font color, black, #45B8DB, 12% {{Image label small, x=0.40, y=0.28, , scale=330, text= {{font color, black, #45B8DB, 10,7% {{Image label small, x=0.21, y=0.29, , scale=330, text= {{font color, black, #D1A5C2, 8,1 {{Image label small, x=0.25, y=0.41, , scale=330, text= {{font color, black, #D1A5C2, 9,9% {{Image label small, x=0.47, y=0.40, , scale=330, text= {{font color, black, #45B8DB, 11,3% {{Image label small, x=0.36, y=0.52, , scale=330, text= {{font color, black, #D1A5C2, 8,8% {{Image label small, x=0.16, y=0.55, , scale=330, text= {{font color, black, #45B8DB, 12% {{Image label small, x=0.27, y=0.63, , scale=330, text= {{font color, black, #D1A5C2, 4,7% {{Image label small, x=0.49, y=0.58, , scale=330, text= {{font color, black, #45B8DB, 14,1% {{Image label small, x=0.60, y=0.58, , scale=330, text= {{font color, black, #45B8DB, 13,4% {{Image label small, x=0.77, y=0.63, , scale=330, text= {{font color, black, #F2AF14, 16,6% {{Image label small, x=0.46, y=0.70, , scale=330, text= {{font color, black, #F2AF14, 15% {{Image label small, x=0.58, y=0.73, , scale=330, text= {{font color, black, #45B8DB, 14,8% {{Image label small, x=0.73, y=0.81, , scale=330, text= {{font color, black, #F65555, 20,1% {{Image label small, x=0.22, y=0.83, , scale=330, text= {{font color, black, #D1A5C2, 9,6% {{Image label small, x=0.35, y=0.77, , scale=330, text= {{font color, black, #D1A5C2, 7,1% {{Image label small, x=0.40, y=0.86, , scale=330, text= {{font color, black, #F65555, 21,3% {{Image label small, x=0.54, y=0.86, , scale=330, text= {{font color, black, #45B8DB, 13,8% {{Image label small, x=0.69, y=0.91, , scale=330, text= {{font color, black, #45B8DB, 11,2% {{Image label small, x=0.57, y=0.98, , scale=330, text= {{font color, black, #45B8DB, 10,4% {{Image label small, x=0.84, y=0.98, , scale=330, text= {{font color, black, #45B8DB, 12% {{Image label small, x=0.70, y=1.05, , scale=330, text= {{font color, black, #45B8DB, 13,4% {{Image label small, x=0.73, y=1.17, , scale=330, text= {{font color, black, #F2AF14, 15,6% {{Image label end {{small, Note: districts in purple on the map had unemployment rate in 2021 - below 10%, blue in the range of 10% – 15%, orange in the range of 15% – 20%; and red – 20% and over.{{Citation , url=https://publikacije.stat.gov.rs/G2022/Pdf/G20225682.pdf , archive-url=https://web.archive.org/web/20220420101623/https://publikacije.stat.gov.rs/G2022/Pdf/G20225682.pdf , archive-date=20 April 2022 , title=Анкета о радној снази у Републици Србији, 2021, trans-title=Labour force survey in the Republic of Serbia, 2021 , publisher=The Statistical Office of the Republic of Serbia According to the latest monthly report of the Statistical Office of the Republic of Serbia, the average monthly salary in January 2022 amounted to 120,085 Serbian dinars (1,022 euros) gross or 85,422 Serbian dinars (727 euros) net. The median salary amounted to 85,422 Serbian dinars (727 euros) gross or 64,860 (552 euros) net, which means that 50% of the employees had earned a salary up to that amount. The employer is also liable to pay for additional social security contributions which brings the total labour cost for the average salary to 150,107 Serbian dinars (1,280 euros), thus the total tax ratio amounts to 26.9%. The map below shows average salaries by region in December 2022, expressed in gross terms in order to make the data comparable to the data that is published by Eurostat. Due to the nature of Serbia's economy, the majority of people working in Serbia work under the so-called "entrepreneurship" salary. This category of worker is seen in local markets, for examples, plumbers, and a variety of occupations. The majority of people working in the IT are also entrepreneurs, and entrepreneurs' tax contribution will not exceed the maximum amount of 10% of their salary. The average tax contribution is from €80 to €250 a month (depending on the location registered in Serbia), which is between 0.0042% to 2% of tax when compared to the max amount of income allowed under the entrepreneurship bracket. This makes Serbia one of the best countries for entrepreneurship in Europe, with lowest income tax rate in Europe. {{Image label begin, image=Serbia_adm_location_map.svg, width=330 {{Image label small, x=0.30, y=0.12, , scale=330, text= {{font color, black, #F2AF14, €1070 {{Image label small, x=0.18, y=0.14, , scale=330, text= {{font color, black, #45B8DB, €1105 {{Image label small, x=0.10, y=0.20, , scale=330, text= {{font color, black, #F2AF14, €1046 {{Image label small, x=0.40, y=0.28, , scale=330, text= {{font color, black, #45B8DB, €1129 {{Image label small, x=0.21, y=0.29, , scale=330, text= {{font color, black, #D1A5C2, €1337 {{Image label small, x=0.25, y=0.41, , scale=330, text= {{font color, black, #45B8DB, €1126 {{Image label small, x=0.47, y=0.40, , scale=330, text= {{font color, black, #45B8DB, €1195 {{Image label small, x=0.36, y=0.52, , scale=330, text= {{font color, black, #D1A5C2, €1573 {{Image label small, x=0.16, y=0.55, , scale=330, text= {{font color, black, #F2AF14, €1057 {{Image label small, x=0.27, y=0.63, , scale=330, text= {{font color, black, #45B8DB, €1122 {{Image label small, x=0.47, y=0.58, , scale=330, text= {{font color, black, #D1A5C2, €1357 {{Image label small, x=0.60, y=0.58, , scale=330, text= {{font color, black, #45B8DB, €1130 {{Image label small, x=0.77, y=0.63, , scale=330, text= {{font color, black, #D1A5C2, €1389 {{Image label small, x=0.46, y=0.70, , scale=330, text= {{font color, black, #45B8DB, €1140 {{Image label small, x=0.58, y=0.73, , scale=330, text= {{font color, black, #F2AF14, €1021 {{Image label small, x=0.73, y=0.81, , scale=330, text= {{font color, black, #F2AF14, €1074 {{Image label small, x=0.22, y=0.83, , scale=330, text= {{font color, black, #F2AF14, €1073 {{Image label small, x=0.35, y=0.77, , scale=330, text= {{font color, black, #F2AF14, €1087 {{Image label small, x=0.40, y=0.86, , scale=330, text= {{font color, black, #F2AF14, €1016 {{Image label small, x=0.54, y=0.86, , scale=330, text= {{font color, black, #F2AF14, €1054 {{Image label small, x=0.69, y=0.91, , scale=330, text= {{font color, black, #45B8DB, €1159 {{Image label small, x=0.57, y=0.98, , scale=330, text= {{font color, black, #F65555, €997 {{Image label small, x=0.84, y=0.98, , scale=330, text= {{font color, black, #F2AF14, €1080 {{Image label small, x=0.70, y=1.05, , scale=330, text= {{font color, black, #F65555, €960 {{Image label small, x=0.73, y=1.17, , scale=330, text= {{font color, black, #F65555, €974 {{Image label end {{small, Note: districts in purple on the map had gross average monthly salary in January 2025 – €1300 and over, blue in the range of €1100 – €1299; orange in the range of €1000 – €1099, and red – below €1000.{{cite web, url=https://data.stat.gov.rs/Home/Result/2403040103?languageCode=sr-Cyrl, title=prosecne zarade Januara 2022. - Републички завод за статистику Србије, website=www.stat.gov.rs, access-date=1 January 2022

Regional economies

The list includes statistical regions of Serbia by GDP, share of total GDP and GDP per capita & average gross salary in 2019: {, class="wikitable sortable" , - ! Rank !! Region !! Total GDP (Bln€. ) !! Share of total GDP !! GDP per capita (€) !Average Salary (€) , - , style="text-align:center;", 1 , Belgrade Region , style="text-align:center;", 19.19 , style="text-align:center;", 41.7% , style="text-align:center;", 11,327 , style="text-align:center;", €1098 , - , style="text-align:center;", 2 ,

, style="text-align:center;", 12.21 , style="text-align:center;", 26.5% , style="text-align:center;", 6,599 , style="text-align:center;", €831 , - , style="text-align:center;", 3 ,

Šumadija and Western Serbia The Šumadija and Western Serbia () is one of the five statistical regions of Serbia. It is also a Level-2 statistical region according to the Nomenclature of Territorial Units for Statistics (NUTS). History In 2009, the National Assembly adop ...

, style="text-align:center;", 8.34 , style="text-align:center;", 18.1% , style="text-align:center;", 4,371 , style="text-align:center;", €729 , - , style="text-align:center;", 4 ,

Southern and Eastern Serbia The Southern and Eastern Serbia () is one of five statistical regions of Serbia. It is also a Level-2 statistical region according to the Nomenclature of Territorial Units for Statistics (NUTS). History In 2009, the National Assembly adopted a l ...

, style="text-align:center;", 6.30 , style="text-align:center;", 13.7% , style="text-align:center;", 4,226 , style="text-align:center;", €739

Companies

{{main, List of companies of SerbiaThe list includes largest Serbian companies by revenue in 2021. {, class="wikitable" , Р.б. , Матични број , colspan="6" , Назив привредног друштва , colspan="2" , Место , colspan="2" , Величина , colspan="2" , Сектор , colspan="2" , _Област Пословни приходи (Billion EUR) , colspan="2" , Број запослених , colspan="2" , Нето добитак , colspan="2" , Нето губитак , colspan="2" , Пословна имовина , colspan="2" , Капитал , colspan="2" , Губитак Губитак изнад висине капитала , - , 1 , 20053658 , colspan="6" , JP EPS BEOGRAD , colspan="2" , Београд , colspan="2" , Велико , colspan="2" , D-СНАБДЕВАЊЕ ЕЛЕКТРИЧНОМ ЕНЕРГИЈОМ, ГАСОМ, ПАРОМ И КЛИМАТИЗАЦИЈА , colspan="2" , Београдска 2.729 Billion € , colspan="2" , 23.507 , colspan="2" , , colspan="2" , 14.948.733 , colspan="2" , 962.087.508 , colspan="2" , 600.980.511 , colspan="2" , 225.651.530 , - , 2 , 20084693 , colspan="6" , NIS A.D. NOVI SAD , colspan="2" , Нови Сад , colspan="2" , Велико , colspan="2" , B-РУДАРСТВО , colspan="2" , Јужнобачка €2.4 Billion , colspan="2" , 5.108 , colspan="2" , 23.131.745 , colspan="2" , , colspan="2" , 419.340.174 , colspan="2" , 272.247.874 , colspan="2" , , - , 3 , 21203980 , colspan="6" , HBIS GROUP SERBIA IRON & STEEL D.O.O. BEOGRAD , colspan="2" , Београд , colspan="2" , Велико , colspan="2" , C-ПРЕРАЂИВАЧКА ИНДУСТРИЈА , colspan="2" , Београдска €1.1 Billion , colspan="2" , 4.858 , colspan="2" , 23.737.043 , colspan="2" , , colspan="2" , 81.540.610 , colspan="2" , 33.177.265 , colspan="2" , 28.210.037 , - , 4 , 07130562 , colspan="6" , SERBIA ZIJIN COPPER DOO , colspan="2" , Бор , colspan="2" , Велико , colspan="2" , B-РУДАРСТВО , colspan="2" , Борска област €1.04 Billion , colspan="2" , 5.724 , colspan="2" , 23.773.643 , colspan="2" , , colspan="2" , 202.939.349 , colspan="2" , 83.439.659 , colspan="2" , 4.043.284 , - , 5 , 17569171 , colspan="6" , DELHAIZE SERBIA DOO BEOGRAD , colspan="2" , Београд , colspan="2" , Велико , colspan="2" , G-ТРГОВИНА НА ВЕЛИКО И ТРГОВИНА НА МАЛО; ПОПРАВКА МОТОРНИХ ВОЗИЛА И МОТОЦИКАЛА , colspan="2" , Београдска €1.02 Billion , colspan="2" , 11.637 , colspan="2" , 2.973.113 , colspan="2" , , colspan="2" , 83.478.530 , colspan="2" , 42.755.532 , colspan="2" , , - , 6 , 20084600 , colspan="6" , JP SRBIJAGAS NOVI SAD , colspan="2" , Нови Сад , colspan="2" , Велико , colspan="2" , D-СНАБДЕВАЊЕ ЕЛЕКТРИЧНОМ ЕНЕРГИЈОМ, ГАСОМ, ПАРОМ И КЛИМАТИЗАЦИЈА , colspan="2" , Јужнобачка €0.99 Billion , colspan="2" , 941 , colspan="2" , 3.772.985 , colspan="2" , , colspan="2" , 278.802.471 , colspan="2" , 124.349.098 , colspan="2" , , - , 7 , 17466461 , colspan="6" , TIGAR TYRES DOO , colspan="2" , Пирот , colspan="2" , Велико , colspan="2" , C-ПРЕРАЂИВАЧКА ИНДУСТРИЈА , colspan="2" , Пиротска област 0.89 Billion € , colspan="2" , 3.634 , colspan="2" , 9.154.260 , colspan="2" , , colspan="2" , 53.099.960 , colspan="2" , 12.380.135 , colspan="2" , , - , 8 , 17162543 , colspan="6" , TELEKOM SRBIJA A.D., BEOGRAD , colspan="2" , Београд , colspan="2" , Велико , colspan="2" , J-ИНФОРМИСАЊЕ И КОМУНИКАЦИЈЕ , colspan="2" , Београдска 0.88 Billion € , colspan="2" , 7.300 , colspan="2" , 13.142.891 , colspan="2" , , colspan="2" , 405.774.598 , colspan="2" , 169.098.203 , colspan="2" , , - , 9 , 07005466 , colspan="6" , ЕЛЕКТРОДИСТРИБУЦИЈА СРБИЈЕ Д.О.О. БЕОГРАД , colspan="2" , Београд , colspan="2" , Велико , colspan="2" , D-СНАБДЕВАЊЕ ЕЛЕКТРИЧНОМ ЕНЕРГИЈОМ, ГАСОМ, ПАРОМ И КЛИМАТИЗАЦИЈА , colspan="2" , Београдска 0.87 Billion € 0.87 Billion € , colspan="2" , 7.817 , colspan="2" , 33.864 , colspan="2" , , colspan="2" , 359.714.038 , colspan="2" , 275.101.995 , colspan="2" , 34.732.602 , - , 10 , 06886671 , colspan="6" , MERCATOR-S DOO , colspan="2" , Београд , colspan="2" , Велико , colspan="2" , G-ТРГОВИНА НА ВЕЛИКО И ТРГОВИНА НА МАЛО; ПОПРАВКА МОТОРНИХ ВОЗИЛА И МОТОЦИКАЛА , colspan="2" , Београдска 690 Million € 690 Million € , colspan="2" , 8.352 , colspan="2" , , colspan="2" , 1.628.999 , colspan="2" , 53.134.586 , colspan="2" , , colspan="2" , 8.151.416 143.059 , - , 11 , 17304712 , colspan="6" , NELT CO. DOO BEOGRAD , colspan="2" , Добановци , colspan="2" , Велико , colspan="2" , G-ТРГОВИНА НА ВЕЛИКО И ТРГОВИНА НА МАЛО; ПОПРАВКА МОТОРНИХ ВОЗИЛА И МОТОЦИКАЛА , colspan="2" , Београдска 690 Million € 690 Million € , colspan="2" , 2.094 , colspan="2" , 487.885 , colspan="2" , , colspan="2" , 27.246.215 , colspan="2" , 13.813.634 , colspan="2" , , - , 12 , 08762023 , colspan="6" , MERCATA VT DOO , colspan="2" , Нови Сад , colspan="2" , Велико , colspan="2" , G-ТРГОВИНА НА ВЕЛИКО И ТРГОВИНА НА МАЛО; ПОПРАВКА МОТОРНИХ ВОЗИЛА И МОТОЦИКАЛА , colspan="2" , Јужнобачка 610 Million € 610 Million € , colspan="2" , 1.005 , colspan="2" , 944.941 , colspan="2" , , colspan="2" , 12.131.963 , colspan="2" , 1.060.919 , colspan="2" , , - , 13 , 20699264 , colspan="6" , LIDL SRBIJA KD , colspan="2" , Нова Пазова , colspan="2" , Велико , colspan="2" , G-ТРГОВИНА НА ВЕЛИКО И ТРГОВИНА НА МАЛО; ПОПРАВКА МОТОРНИХ ВОЗИЛА И МОТОЦИКАЛА , colspan="2" , Сремска област 610 Million € 610 Million € , colspan="2" , 2.935 , colspan="2" , 4.132.545 , colspan="2" , , colspan="2" , 62.073.676 , colspan="2" , 32.937.849 , colspan="2" , 13.117.010 , - , 14 , 20132248 , colspan="6" , JP PUTEVI SRBIJE , colspan="2" , Београд , colspan="2" , Велико , colspan="2" , F-ГРАЂЕВИНАРСТВО , colspan="2" , Београдска 520 Million € , colspan="2" , 2.085 , colspan="2" , , colspan="2" , 4.992.801 , colspan="2" , 561.615.729 , colspan="2" , 397.819.296 , colspan="2" , 84.256.575 , - , 15 , 07517807 , colspan="6" , PHOENIX PHARMA DOO BEOGRAD , colspan="2" , Београд , colspan="2" , Велико , colspan="2" , G-ТРГОВИНА НА ВЕЛИКО И ТРГОВИНА НА МАЛО; ПОПРАВКА МОТОРНИХ ВОЗИЛА И МОТОЦИКАЛА , colspan="2" , Београдска 500 Million € , colspan="2" , 526 , colspan="2" , 687.689 , colspan="2" , , colspan="2" , 28.816.386 , colspan="2" , 7.039.039 , colspan="2" , 295.093 , - , 16 , 17518518 , colspan="6" , MOL SERBIA D.O.O. BEOGRAD , colspan="2" , Београд , colspan="2" , Велико , colspan="2" , G-ТРГОВИНА НА ВЕЛИКО И ТРГОВИНА НА МАЛО; ПОПРАВКА МОТОРНИХ ВОЗИЛА И МОТОЦИКАЛА , colspan="2" , Београдска 500 Million € , colspan="2" , 98 , colspan="2" , 1.157.757 , colspan="2" , , colspan="2" , 19.346.886 , colspan="2" , 12.231.759 , colspan="2" , , - , 17 , 20285494 , colspan="6" , SERBIA ZIJIN MINING D.O.O. , colspan="2" , Брестовац , colspan="2" , Средње , colspan="2" , B-РУДАРСТВО , colspan="2" , Борска област 470 Million € , colspan="2" , 442 , colspan="2" , 34.356.111 , colspan="2" , , colspan="2" , 73.402.523 , colspan="2" , 30.658.661 , colspan="2" , 11.284.450 , - , 18 , 07102160 , colspan="6" , HENKEL SRBIJA DOO BEOGRAD , colspan="2" , Београд , colspan="2" , Велико , colspan="2" , C-ПРЕРАЂИВАЧКА ИНДУСТРИЈА , colspan="2" , Београдска 460 Million € , colspan="2" , 593 , colspan="2" , 2.219.466 , colspan="2" , , colspan="2" , 39.618.036 , colspan="2" , 18.352.298 , colspan="2" , , - , 19 , 07462905 , colspan="6" , COCA-COLA HBC - SRBIJA DOO ZEMUN , colspan="2" , Београд , colspan="2" , Велико , colspan="2" , C-ПРЕРАЂИВАЧКА ИНДУСТРИЈА , colspan="2" , Београдска 440 Million € , colspan="2" , 872 , colspan="2" , 6.794.801 , colspan="2" , , colspan="2" , 51.018.365 , colspan="2" , 41.612.872 , colspan="2" , , - , 20 , 17535439 , colspan="6" , KNEZ PETROL DOO ZEMUN , colspan="2" , Београд , colspan="2" , Велико , colspan="2" , G-ТРГОВИНА НА ВЕЛИКО И ТРГОВИНА НА МАЛО; ПОПРАВКА МОТОРНИХ ВОЗИЛА И МОТОЦИКАЛА , colspan="2" , Београдска 440 Million € , colspan="2" , 1.171 , colspan="2" , 482.786 , colspan="2" , , colspan="2" , 10.637.448 , colspan="2" , 2.968.702 , colspan="2" , , - , 21 , 20147229 , colspan="6" , TELENOR DOO BEOGRAD , colspan="2" , Београд , colspan="2" , Велико , colspan="2" , J-ИНФОРМИСАЊЕ И КОМУНИКАЦИЈЕ , colspan="2" , Београдска 430 million € , colspan="2" , 1.389 , colspan="2" , 7.314.130 , colspan="2" , , colspan="2" , 31.094.719 , colspan="2" , 22.014.647 , colspan="2" , , - , 22 , 17155903 , colspan="6" , YUGOROSGAZ AD BEOGRAD , colspan="2" , Београд , colspan="2" , Велико , colspan="2" , H-САОБРАЋАЈ И СКЛАДИШТЕЊЕ , colspan="2" , Београдска 420 Million € , colspan="2" , 20 , colspan="2" , 1.065.856 , colspan="2" , , colspan="2" , 10.574.975 , colspan="2" , 4.490.288 , colspan="2" , , - , 23 , 20193816 , colspan="6" , GEN - I DOO BEOGRAD , colspan="2" , Београд , colspan="2" , Средње , colspan="2" , D-СНАБДЕВАЊЕ ЕЛЕКТРИЧНОМ ЕНЕРГИЈОМ, ГАСОМ, ПАРОМ И КЛИМАТИЗАЦИЈА , colspan="2" , Београдска 400 Million € , colspan="2" , 4 , colspan="2" , 45.837 , colspan="2" , , colspan="2" , 4.474.639 , colspan="2" , 122.767 , colspan="2" , , - , 24 , 08064300 , colspan="6" , HIP-PETROHEMIJA AD PANČEVO , colspan="2" , Панчево , colspan="2" , Велико , colspan="2" , C-ПРЕРАЂИВАЧКА ИНДУСТРИЈА , colspan="2" , Јужнобанатска 390 Million € , colspan="2" , 1.252 , colspan="2" , 5.504.635 , colspan="2" , , colspan="2" , 33.424.493 , colspan="2" , 27.910.859 , colspan="2" , 38.496.838 , - , 25 , 20734973 , colspan="6" , CENTROSINERGIJA DOO BEOGRAD , colspan="2" , Београд , colspan="2" , Велико , colspan="2" , H-САОБРАЋАЈ И СКЛАДИШТЕЊЕ , colspan="2" , Београдска _43.307.937 , colspan="2" , 794 , colspan="2" , 1.750 , colspan="2" , , colspan="2" , 5.221.688 , colspan="2" , 202.956 , colspan="2" , , - , 26 , 17321480 , colspan="6" , OMV SRBIJA DOO BEOGRAD , colspan="2" , Београд , colspan="2" , Велико , colspan="2" , G-ТРГОВИНА НА ВЕЛИКО И ТРГОВИНА НА МАЛО; ПОПРАВКА МОТОРНИХ ВОЗИЛА И МОТОЦИКАЛА , colspan="2" , Београдска _42.520.267 , colspan="2" , 47 , colspan="2" , 1.192.527 , colspan="2" , , colspan="2" , 18.258.949 , colspan="2" , 10.063.577 , colspan="2" , , - , 27 , 08010536 , colspan="6" , HEMOFARM AD VRŠAC , colspan="2" , Вршац , colspan="2" , Велико , colspan="2" , C-ПРЕРАЂИВАЧКА ИНДУСТРИЈА , colspan="2" , Јужнобанатска _41.687.901 , colspan="2" , 2.894 , colspan="2" , 4.391.174 , colspan="2" , , colspan="2" , 58.908.657 , colspan="2" , 43.665.097 , colspan="2" , , - , 28 , 20468122 , colspan="6" , FCA SRBIJA D.O.O. KRAGUJEVAC , colspan="2" , Крагујевац , colspan="2" , Велико , colspan="2" , C-ПРЕРАЂИВАЧКА ИНДУСТРИЈА , colspan="2" , Шумадијска _41.512.762 , colspan="2" , 2.072 , colspan="2" , , colspan="2" , 3.866.426 , colspan="2" , 49.527.397 , colspan="2" , 31.198.492 , colspan="2" , 3.866.426 , - , 29 , 20054182 , colspan="6" , ЕМС АД БЕОГРАД , colspan="2" , Београд , colspan="2" , Велико , colspan="2" , D-СНАБДЕВАЊЕ ЕЛЕКТРИЧНОМ ЕНЕРГИЈОМ, ГАСОМ, ПАРОМ И КЛИМАТИЗАЦИЈА , colspan="2" , Београдска _37.644.783 , colspan="2" , 1.365 , colspan="2" , 2.320.668 , colspan="2" , , colspan="2" , 105.615.660 , colspan="2" , 69.893.066 , colspan="2" , , - , 30 , 20220023 , colspan="6" , A1 SRBIJA D.O.O. BEOGRAD , colspan="2" , Београд , colspan="2" , Велико , colspan="2" , J-ИНФОРМИСАЊЕ И КОМУНИКАЦИЈЕ , colspan="2" , Београдска _37.624.936 , colspan="2" , 1.417 , colspan="2" , 4.788.465 , colspan="2" , , colspan="2" , 55.325.872 , colspan="2" , 11.193.108 , colspan="2" , , - , 31 , 07524951 , colspan="6" , LUKOIL SRBIJA AD BEOGRAD , colspan="2" , Београд , colspan="2" , Велико , colspan="2" , G-ТРГОВИНА НА ВЕЛИКО И ТРГОВИНА НА МАЛО; ПОПРАВКА МОТОРНИХ ВОЗИЛА И МОТОЦИКАЛА , colspan="2" , Београдска _37.562.574 , colspan="2" , 148 , colspan="2" , 1.799.180 , colspan="2" , , colspan="2" , 8.969.098 , colspan="2" , 4.822.932 , colspan="2" , 12.648.005 , - , 32 , 20624027 , colspan="6" , YURA CORPORATION DOO RAČA , colspan="2" , Рача , colspan="2" , Велико , colspan="2" , C-ПРЕРАЂИВАЧКА ИНДУСТРИЈА , colspan="2" , Шумадијска _37.188.438 , colspan="2" , 6.912 , colspan="2" , , colspan="2" , 1.092.400 , colspan="2" , 27.725.196 , colspan="2" , 4.467.354 , colspan="2" , 1.092.400 , - , 33 , 20521694 , colspan="6" , LEONI WIRING SYSTEMS SOUTHEAST DOO PROKUPLJE , colspan="2" , Прокупље , colspan="2" , Велико , colspan="2" , C-ПРЕРАЂИВАЧКА ИНДУСТРИЈА , colspan="2" , Топличка област 36.422.362 , colspan="2" , 13.077 , colspan="2" , 925.417 , colspan="2" , , colspan="2" , 25.421.068 , colspan="2" , 6.514.726 , colspan="2" , 1.145 , - , 34 , 20236434 , colspan="6" , DELTA AGRAR DOO , colspan="2" , Београд , colspan="2" , Велико , colspan="2" , G-ТРГОВИНА НА ВЕЛИКО И ТРГОВИНА НА МАЛО; ПОПРАВКА МОТОРНИХ ВОЗИЛА И МОТОЦИКАЛА , colspan="2" , Београдска _34.126.821 , colspan="2" , 506 , colspan="2" , 423.057 , colspan="2" , , colspan="2" , 45.118.521 , colspan="2" , 19.367.575 , colspan="2" , List of companies of Serbia in 2021 by NET INCOM
Агенција за привредне регистре , STO NAJ... privrednih društava
{, class="wikitable" , Р.б. , Матични број , colspan="8" , Назив привредног друштва , colspan="2" , Место , colspan="2" , Величина , colspan="7" , Сектор , colspan="3" , Област ^Нето добитак mil (€) , colspan="2" , Број запослених , colspan="3" , Пословни приходи , colspan="3" , Пословна имовина , colspan="3" , Капитал , colspan="3" , Губитак Губитак изнад висине капитала , - , 1 , 20285494 , colspan="8" , SERBIA ZIJIN MINING D.O.O. , colspan="2" , Брестовац , colspan="2" , Средње , colspan="7" , B-РУДАРСТВО , colspan="3" , Борска област €2 726 000 000 , colspan="2" , 442 , colspan="3" , 55.066.933 , colspan="3" , 73.402.523 , colspan="3" , 30.658.661 , colspan="3" , 11.284.450 , - , 2 , 08179107 , colspan="8" , MK GROUP DOO BEOGRAD , colspan="2" , Београд , colspan="2" , Средње , colspan="7" , K-ФИНАНСИЈСКЕ ДЕЛАТНОСТИ И ДЕЛАТНОСТ ОСИГУРАЊА , colspan="3" , Београдска €2 232 000 000 , colspan="2" , 61 , colspan="3" , 196.924 , colspan="3" , 38.442.768 , colspan="3" , 14.679.893 , colspan="3" , , - , 3 , 07130562 , colspan="8" , SERBIA ZIJIN COPPER DOO , colspan="2" , Бор , colspan="2" , Велико , colspan="7" , B-РУДАРСТВО , colspan="3" , Борска област €2 028 000 000 , colspan="2" , 5.724 , colspan="3" , 121.442.338 , colspan="3" , 202.939.349 , colspan="3" , 83.439.659 , colspan="3" , 4.043.284 , - , 4 , 21203980 , colspan="8" , HBIS GROUP SERBIA IRON & STEEL D.O.O. BEOGRAD , colspan="2" , Београд , colspan="2" , Велико , colspan="7" , C-ПРЕРАЂИВАЧКА ИНДУСТРИЈА , colspan="3" , Београдска €202 534 496 , colspan="2" , 4.858 , colspan="3" , 130.581.859 , colspan="3" , 81.540.610 , colspan="3" , 33.177.265 , colspan="3" , 28.210.037 , - , 5 , 20084693 , colspan="8" , NIS A.D. NOVI SAD , colspan="2" , Нови Сад , colspan="2" , Велико , colspan="7" , B-РУДАРСТВО , colspan="3" , Јужнобачка €19 895 435 , colspan="2" , 5.108 , colspan="3" , 281.048.041 , colspan="3" , 419.340.174 , colspan="3" , 272.247.874 , colspan="3" , , - , 6 , 17162543 , colspan="8" , TELEKOM SRBIJA A.D., BEOGRAD , colspan="2" , Београд , colspan="2" , Велико , colspan="7" , J-ИНФОРМИСАЊЕ И КОМУНИКАЦИЈЕ , colspan="3" , Београдска _13.142.891 , colspan="2" , 7.300 , colspan="3" , 102.915.422 , colspan="3" , 405.774.598 , colspan="3" , 169.098.203 , colspan="3" , , - , 7 , 17466461 , colspan="8" , TIGAR TYRES DOO , colspan="2" , Пирот , colspan="2" , Велико , colspan="7" , C-ПРЕРАЂИВАЧКА ИНДУСТРИЈА , colspan="3" , Пиротска област 9.154.260 , colspan="2" , 3.634 , colspan="3" , 104.345.066 , colspan="3" , 53.099.960 , colspan="3" , 12.380.135 , colspan="3" , , - , 8 , 20147229 , colspan="8" , TELENOR DOO BEOGRAD , colspan="2" , Београд , colspan="2" , Велико , colspan="7" , J-ИНФОРМИСАЊЕ И КОМУНИКАЦИЈЕ , colspan="3" , Београдска _7.314.130 , colspan="2" , 1.389 , colspan="3" , 49.905.115 , colspan="3" , 31.094.719 , colspan="3" , 22.014.647 , colspan="3" , , - , 9 , 07462905 , colspan="8" , COCA-COLA HBC - SRBIJA DOO ZEMUN , colspan="2" , Београд , colspan="2" , Велико , colspan="7" , C-ПРЕРАЂИВАЧКА ИНДУСТРИЈА , colspan="3" , Београдска _6.794.801 , colspan="2" , 872 , colspan="3" , 51.979.190 , colspan="3" , 51.018.365 , colspan="3" , 41.612.872 , colspan="3" , , - , 10 , 08064300 , colspan="8" , HIP-PETROHEMIJA AD PANČEVO , colspan="2" , Панчево , colspan="2" , Велико , colspan="7" , C-ПРЕРАЂИВАЧКА ИНДУСТРИЈА , colspan="3" , Јужнобанатска _5.504.635 , colspan="2" , 1.252 , colspan="3" , 45.543.111 , colspan="3" , 33.424.493 , colspan="3" , 27.910.859 , colspan="3" , 38.496.838 , - , 11 , 07319665 , colspan="8" , PHILIP MORRIS OPERATIONS A.D. 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BEOGRAD , colspan="2" , Београд , colspan="2" , Велико , colspan="7" , J-ИНФОРМИСАЊЕ И КОМУНИКАЦИЈЕ , colspan="3" , Београдска _4.788.465 , colspan="2" , 1.417 , colspan="3" , 37.624.936 , colspan="3" , 55.325.872 , colspan="3" , 11.193.108 , colspan="3" , , - , 16 , 29507228 , colspan="8" , CHINA RAILWAY INTERNATIONAL CO., LTD. SERBIA OGRANAK BEOGRAD , colspan="2" , Београд , colspan="2" , Велико , colspan="7" , F-ГРАЂЕВИНАРСТВО , colspan="3" , Београдска _4.498.150 , colspan="2" , 63 , colspan="3" , 25.086.695 , colspan="3" , 46.551.755 , colspan="3" , 3.110.932 , colspan="3" , 1.472.392 , - , 17 , 08010536 , colspan="8" , HEMOFARM AD VRŠAC , colspan="2" , Вршац , colspan="2" , Велико , colspan="7" , C-ПРЕРАЂИВАЧКА ИНДУСТРИЈА , colspan="3" , Јужнобанатска _4.391.174 , colspan="2" , 2.894 , colspan="3" , 41.687.901 , colspan="3" , 58.908.657 , colspan="3" , 43.665.097 , colspan="3" , , - , 18 , 29507619 , colspan="8" , TASYAPI INSAAT TAAHHUT SANAYI VE TICARET A.S. OGRANAK BEOGRAD* , colspan="2" , Београд , colspan="2" , Средње , colspan="7" , F-ГРАЂЕВИНАРСТВО , colspan="3" , Београдска _4.275.455 , colspan="2" , 197 , colspan="3" , 12.954.293 , colspan="3" , 16.624.697 , colspan="3" , 3.426.441 , colspan="3" , 849.014 , - , 19 , 21594105 , colspan="8" , CETIN D.O.O. BEOGRAD , colspan="2" , Београд , colspan="2" , Велико , colspan="7" , J-ИНФОРМИСАЊЕ И КОМУНИКАЦИЈЕ , colspan="3" , Београдска _4.190.270 , colspan="2" , 285 , colspan="3" , 11.578.950 , colspan="3" , 20.226.260 , colspan="3" , 11.032.082 , colspan="3" , , - , 20 , 20699264 , colspan="8" , LIDL SRBIJA KD , colspan="2" , Нова Пазова , colspan="2" , Велико , colspan="7" , G-ТРГОВИНА НА ВЕЛИКО И ТРГОВИНА НА МАЛО; ПОПРАВКА МОТОРНИХ ВОЗИЛА И МОТОЦИКАЛА , colspan="3" , Сремска област 4.132.545 , colspan="2" , 2.935 , colspan="3" , 71.642.791 , colspan="3" , 62.073.676 , colspan="3" , 32.937.849 , colspan="3" , 13.117.010 , - , 21 , 08052441 , colspan="8" , JT INTERNATIONAL AD SENTA , colspan="2" , Сента , colspan="2" , Велико , colspan="7" , G-ТРГОВИНА НА ВЕЛИКО И ТРГОВИНА НА МАЛО; ПОПРАВКА МОТОРНИХ ВОЗИЛА И МОТОЦИКАЛА , colspan="3" , Севернобанатска _4.122.669 , colspan="2" , 278 , colspan="3" , 22.748.477 , colspan="3" , 20.096.043 , colspan="3" , 10.634.375 , colspan="3" , , - , 22 , 17280554 , colspan="8" , SBB DOO BEOGRAD , colspan="2" , Београд , colspan="2" , Велико , colspan="7" , J-ИНФОРМИСАЊЕ И КОМУНИКАЦИЈЕ , colspan="3" , Београдска _3.944.791 , colspan="2" , 1.589 , colspan="3" , 28.964.750 , colspan="3" , 72.886.209 , colspan="3" , 28.077.520 , colspan="3" , 22.621.318 , - , 23 , 20084600 , colspan="8" , JP SRBIJAGAS NOVI SAD , colspan="2" , Нови Сад , colspan="2" , Велико , colspan="7" , D-СНАБДЕВАЊЕ ЕЛЕКТРИЧНОМ ЕНЕРГИЈОМ, ГАСОМ, ПАРОМ И КЛИМАТИЗАЦИЈА , colspan="3" , Јужнобачка _3.772.985 , colspan="2" , 941 , colspan="3" , 116.174.829 , colspan="3" , 278.802.471 , colspan="3" , 124.349.098 , colspan="3" , , - , 24 , 08500037 , colspan="8" , MAGNA PHARMACIA DOO BEOGRAD , colspan="2" , Београд , colspan="2" , Велико , colspan="7" , G-ТРГОВИНА НА ВЕЛИКО И ТРГОВИНА НА МАЛО; ПОПРАВКА МОТОРНИХ ВОЗИЛА И МОТОЦИКАЛА , colspan="3" , Београдска _3.696.847 , colspan="2" , 81 , colspan="3" , 21.249.899 , colspan="3" , 8.108.836 , colspan="3" , 3.960.220 , colspan="3" , , - , 25 , 07309783 , colspan="8" , ELIXIR PRAHOVO DOO PRAHOVO , colspan="2" , Прахово , colspan="2" , Велико , colspan="7" , C-ПРЕРАЂИВАЧКА ИНДУСТРИЈА , colspan="3" , Борска област 3.582.728 , colspan="2" , 759 , colspan="3" , 18.220.441 , colspan="3" , 19.590.950 , colspan="3" , 9.619.455 , colspan="3" , , - , 26 , 21033391 , colspan="8" , БЕОГРАД НА ВОДИ Д.О.О. , colspan="2" , Београд , colspan="2" , Средње , colspan="7" , F-ГРАЂЕВИНАРСТВО , colspan="3" , Београдска _3.467.282 , colspan="2" , 81 , colspan="3" , 21.548.141 , colspan="3" , 54.116.603 , colspan="3" , 10.107.210 , colspan="3" , 2.984.120 , - , 27 , 29510300 , colspan="8" , BECHTEL ENKA UK LIMITED OGRANAK BEOGRAD , colspan="2" , Београд , colspan="2" , Средње , colspan="7" , F-ГРАЂЕВИНАРСТВО , colspan="3" , Београдска _3.424.410 , colspan="2" , 718 , colspan="3" , 22.864.428 , colspan="3" , 41.522.279 , colspan="3" , 3.379.978 , colspan="3" , 44.432 , - , 28 , 07461429 , colspan="8" , ЈП ПОШТА СРБИЈЕ БЕОГРАД , colspan="2" , Београд , colspan="2" , Велико , colspan="7" , H-САОБРАЋАЈ И СКЛАДИШТЕЊЕ , colspan="3" , Београдска _3.283.600 , colspan="2" , 14.889 , colspan="3" , 27.642.409 , colspan="3" , 32.664.593 , colspan="3" , 25.956.203 , colspan="3" , , - , 29 , 07652992 , colspan="8" , PEŠTAN DOO BUKOVIK , colspan="2" , Буковик , colspan="2" , Велико , colspan="7" , C-ПРЕРАЂИВАЧКА ИНДУСТРИЈА , colspan="3" , Шумадијска _3.247.274 , colspan="2" , 964 , colspan="3" , 17.395.826 , colspan="3" , 19.866.362 , colspan="3" , 17.711.341 , colspan="3" , , - , 30 , 08325316 , colspan="8" , DOO ALMEX PANČEVO , colspan="2" , Панчево , colspan="2" , Велико , colspan="7" , A-ПОЉОПРИВРЕДА, ШУМАРСТВО И РИБАРСТВО , colspan="3" , Јужнобанатска _3.158.702 , colspan="2" , 383 , colspan="3" , 14.065.762 , colspan="3" , 24.406.246 , colspan="3" , 15.036.161 , colspan="3" , , - , 31 , 17569171 , colspan="8" , DELHAIZE SERBIA DOO BEOGRAD , colspan="2" , Београд , colspan="2" , Велико , colspan="7" , G-ТРГОВИНА НА ВЕЛИКО И ТРГОВИНА НА МАЛО; ПОПРАВКА МОТОРНИХ ВОЗИЛА И МОТОЦИКАЛА , colspan="3" , Београдска _2.973.113 , colspan="2" , 11.637 , colspan="3" , 118.912.619 , colspan="3" , 83.478.530 , colspan="3" , 42.755.532 , colspan="3" , , - , 32 , 07042728 , colspan="8" , FRIKOM DOO BEOGRAD , colspan="2" , Београд , colspan="2" , Велико , colspan="7" , C-ПРЕРАЂИВАЧКА ИНДУСТРИЈА , colspan="3" , Београдска _2.920.984 , colspan="2" , 1.326 , colspan="3" , 13.863.267 , colspan="3" , 9.999.640 , colspan="3" , 7.042.429 , colspan="3" , , - , 33 , 07112904 , colspan="8" , MORAVACEM D.O.O. POPOVAC , colspan="2" , Поповац , colspan="2" , Велико , colspan="7" , C-ПРЕРАЂИВАЧКА ИНДУСТРИЈА , colspan="3" , Поморавска _2.782.865 , colspan="2" , 282 , colspan="3" , 9.782.139 , colspan="3" , 10.001.370 , colspan="3" , 8.145.906 , colspan="3" , , - , 34 , 07162936 , colspan="8" , KONCERN BAMBI A.D. POŽAREVAC , colspan="2" , Пожаревац , colspan="2" , Велико , colspan="7" , C-ПРЕРАЂИВАЧКА ИНДУСТРИЈА , colspan="3" , Браничевска _2.761.738 , colspan="2" , 651 , colspan="3" , 11.199.659 , colspan="3" , 16.950.912 , colspan="3" , 15.027.822 , colspan="3" , The list includes ten largest Serbian companies by revenue in 2020 (revenue and employees figures without subsidiaries):{{Cite web, url=https://www.apr.gov.rs/upload/Portals/0/GFI_2021/Sto_naj/STO_NAJ_FI2020.pdf, title=ИЗВЕШТАЈ О СТО НАЈ... ПРИВРЕДНИХ ДРУШТАВА 2020 {, class="wikitable sortable" , - ! Rank !! Company !! colspan=2 , Headquarters !! Industry !! Revenue (Mil€. ) !Employees , - , style="text-align:center;", 1 ,

Elektroprivreda Srbije Elektroprivreda Srbije (abbr. EPS; full legal name: Javno preduzeće ''Elektroprivreda Srbije'' Beograd) is a joint-stock company, joint-stock electric utility power company fully owned by the Government of Serbia, with headquarters in Belgrade, ...

, Energy , style="text-align:right;", 2,405 , 24,478 , - , style="text-align:center;", 2 ,

Naftna Industrija Srbije Naftna Industrija Srbije ( sr-Cyrl, Нафтна Индустрија Србије, lit=Petroleum Industry of Serbia; abbr. NIS / НИС) is a Serbian multinational oil and gas company with headquarters in NIS building, Novi Sad, Serbia. NIS ...

, Petroleum , style="text-align:right;", 1,444 , 5,035 , - , style="text-align:center;", 3 , Delhaize Serbia , Small Coat of Arms Belgrade

, Retail , style="text-align:right;", 948 , 12,889 , - , style="text-align:center;", 4 , Tigar Tyres , Emblem_of_Pirot

Pirot Pirot ( sr-Cyrl, Пирот) is a city and the administrative center of the Pirot District in southeastern Serbia. According to 2022 census, the urban area of the city has a population of 34,942, while the population of the city administrative are ...

, Manufacturing , style="text-align:right;", 804 , 3,580 , - , style="text-align:center;", 5 ,

, Telecommunications , style="text-align:right;", 750 , 6,805 , - , style="text-align:center;", 6 , Srbijagas ,

, Energy , style="text-align:right;", 742 , 934 , - , style="text-align:center;", 7 , EPS Distribucija , Small Coat of Arms Belgrade

, Electric utility , style="text-align:right;", 708 , 3,431 , - , style="text-align:center;", 8 , Mercator-S , Small Coat of Arms Belgrade

, Retail , style="text-align:right;", 680 , 8,031 , - , style="text-align:center;", 9 , NELT , Small Coat of Arms Belgrade

Dobanovci Dobanovci ( sr-Cyrl, Добановци) is a List of Belgrade neighborhoods, suburban neighborhood of Belgrade, Serbia. It is located in Belgrade's municipality of Surčin. Dobanovci is located in the eastern Syrmia region, 25 km west of dow ...

, Wholesale , style="text-align:right;", 658 , 2,037 , - , style="text-align:center;", 10 , IDC doo , Small Coat of Arms Belgrade

, Construction , style="text-align:right;", 625 , 779 The list includes ten largest Serbian companies by net income in 2018 (net income and employees figures without subsidiaries):{{cite web , title=ИЗВЕШТАЈ О СТО НАЈ... ПРИВРЕДНИХ ДРУШТАВА 2018 , url=https://apr.gov.rs/upload/Portals/0/GFI%202019/STO_NAJ/STO_NAJ_2018.pdf , website=apr.gov.rs , access-date=8 September 2019 , pages=18, 19 , language=sr , date=September 2019 {, class="wikitable sortable" , - ! Rank !! Company !! colspan=2 , Headquarters !! Industry !! Net income (Mil€. ) !Employees , - , style="text-align:center;", 1 , Serbia Zijin Bor Copper , Grb_Bora

, Bor , Mining , style="text-align:right;", 762 , 4,951 , - , style="text-align:center;", 2 ,

, Transport , style="text-align:right;", 450 , 1,556 , - , style="text-align:center;", 3 ,

, Petroleum , style="text-align:right;", 213 , 4,099 , - , style="text-align:center;", 4 , Al Dahra Serbia , Small Coat of Arms Belgrade

, Agriculture , style="text-align:right;", 103 , 188 , - , style="text-align:center;", 5 ,

, Telecommunications , style="text-align:right;", 92 , 7,777 , - , style="text-align:center;", 6 , Telenor Serbia , Small Coat of Arms Belgrade

, Telecommunications , style="text-align:right;", 76 , 705 , - , style="text-align:center;", 7 , Srbijagas ,

, Energy , style="text-align:right;", 64 , 1,071 , - , style="text-align:center;", 8 , SFS AD Paraćin , COA_Paracin

Paraćin Paraćin ( sr-Cyrl, Параћин, ) is a town and municipality located in the Pomoravlje District of central Serbia. Located in the Velika Morava river valley, north of Kruševac and southeast of Kragujevac, the town had a population of 22,349 ...

, Manufacturing , style="text-align:right;", 45 , 527 , - , style="text-align:center;", 9 , Tigar Tyres , Emblem_of_Pirot

, Manufacturing , style="text-align:right;", 41 , 3,388 , - , style="text-align:center;", 10 , Posh properties , Small Coat of Arms Belgrade

, Real estate , style="text-align:right;", 40 , 0

References

{{Reflist {{reflist, group=note

External links

{{Commons category, Economy of Serbia
Development Agency of Serbia

Serbian Chamber of Commerce

National Bank of Serbia

Belgrade Stock Exchange
{{Serbia topics {{Central European Free Trade Agreement {{Economy of Europe

Serbia , image_flag = Flag of Serbia.svg , national_motto = , image_coat = Coat of arms of Serbia.svg , national_anthem = () , image_map = , map_caption = Location of Serbia (gree ...