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    The EC predicts the smallest GDP decline for Serbia

    This year, Serbia will achieve the smallest decline in GDP in relation to all member states and countries of the Western Balkans region, it is stated in the conclusion of the latest economic forecast of the European Commission.

    The projected GDP decline for Serbia, by the end of this year, is 1.8 percent.

    This is an improvement compared to the forecast, when the Commission projected a GDP decline in our country of 4.1 percent in 2020.

    For 2021, the Commission for Serbia forecasts a growth of 4.8 percent of GDP, while in 2022 it expects an increase by 3.8.

    The EC estimates that Serbia’s public debt in 2020 will amount to 61.5 percent of GDP, while a reduced amount of 60.7 percent is predicted for 2021, and 59.6 percent in 2022.

    In Brussels, they expect the unemployment rate this year to be 9.3 percent in Serbia, 9.6 percent in 2021, and up to nine percent in 2022.

    Izvor: Agencije

    Foto: Pixabay

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