Serbia

Serbia is a developing, upper-middle-income economy — the largest of the former Yugoslav states — pursuing EU membership while maintaining close economic and political ties with Russia and China.

Growth has been steady, driven by foreign investment in manufacturing and a rising IT sector, though the unresolved status of Kosovo and a balancing act between East and West shape its prospects.

Key Sectors

Key sectors include automobiles and machinery, food and agriculture on the fertile Vojvodina plains, base metals and mining, energy, and a fast-growing information-technology industry.