Favourable medium-term trajectory of economic growth will help sustain the increase in our citizens’ living standard and convergence of our income levels to those of the EU.
As I stressed in the beginning, our current major challenge from the international environment is Chart 1 Cumulative economic growth in countries of the region in 2020 and 2021  Chart 2 Contributions to real GDP growth, production side (in pp)  (in %)  Serbia*  5.5-6.0  Romania  2.8  Hungary  2.5  Poland  2.5  6 5  Slovenia  1.8  4  Albania  1.8  3  Bulgaria  0.1  Slovakia  2  -0.6  North Macedonia  1  -0.7  Bosnia and Herzegovina  -1.6  Croatia  -2.2  Czech Rep.  -2.2  Montenegro  Net taxes Services Construction Industry Agriculture GDP (in %)  7  0 -1 -2  -9.3 -12 -10  -8  -6  -4  Sources: NBS projection and IMF WEO (October 2021).