Economy
Serbia’s 2026 growth mix: public investment drives construction while services stabilize the outlook
Serbia is projected to grow by about 3.5–4.0% in 2026, supported by state-led infrastructure spending and a services sector—especially IT and logistics—that helps cushion volatility from…
Serbia steps up fiscal expansion to fund its investment cycle toward EXPO 2027
Serbia’s 2026 fiscal stance is firmly expansionary, with capital spending rising to support infrastructure, energy and urban projects tied to EXPO 2027. The government is financing…
Serbia’s 2026 external deficit endures as investment imports outstrip export gains
Serbia’s current account remains negative in 2026, with energy and capital-goods imports widening the goods trade gap. The deficit is still viewed as sustainable because it…
Serbia brings a new supercomputer online in Kragujevac as data-centre buildout accelerates
Serbia has officially launched a new supercomputer at the State Data Centre in Kragujevac, adding computing capacity alongside new data-centre modules and solar power. The expansion…
NBS clarifies foreign-currency checkout for Serbian e-commerce exports
Serbia’s National Bank has confirmed that domestic online sellers can collect foreign-currency payments from non-resident customers, removing a key checkout friction point that previously forced some…
Serbia’s early-2026 trade data show exports gaining ground over imports
In the first three months of 2026, Serbia recorded a narrower goods trade deficit as export growth accelerated while import growth largely stalled. The trade gap…
Montenegro’s service economy delivers stability—while increasing exposure to external shocks
Montenegro’s 2026 growth profile is anchored in a service-led model, with tourism and related activities generating foreign exchange and supporting capital inflows. But the same structure…
Montenegro’s agriculture remains underleveraged, with land structure and low investment holding back growth
Montenegro has about 251,404 hectares of utilized agricultural land, but most of it is permanent grassland and pastures, leaving arable farming at roughly 3.3%. With limited…
Montenegro’s industrial output stays stable but struggles to scale
MONSTAT data for 2026 points to industrial activity that is steady yet subdued, reflecting a small, concentrated industrial base. With services—especially tourism—still driving the economy, industry…
Montenegro’s tourism engine regains momentum as the 2026 peak season nears
New indicators from MONSTAT point to renewed expansion in Montenegro’s tourism sector as the 2026 season approaches, with arrivals, overnight stays and accommodation capacity all trending…