During the three crisis years – from 2020 to 2022, Serbia was recording real economic growth of around 9%. This year, real growth is expected to equal between 2% and 3% and GDP per capita to reach around EUR 10,000 for the first time.
The economy continued to fare well in the first few months of 2007 as the growth of the tourism sector hardly showed any moderating signs. Visitor arrivals increased by 21.4% in the first quarter. After years of strong growth, however, the resource constraint and inflationary pressure have become apparent.