Serbia PESTEL Analysis, SWOT Analysis and Risk Analysis Market Research Report Launched

As per International Monetary Fund (IMF) Serbia’s nominal gross domestic product is expected to grow at a CAGR of 6.12% from it’s 2015 level of RSD 4043.47 billion and reach RSD 6130.20 billion by 2022.

Serbia, officially the Republic of Serbia, is a country located at the crossroads of Central and Southeast Europe, covering the southern part of the Pannonian Plain and the central Balkans. A landlocked country in relative proximity to the Mediterranean, Serbia borders Hungary to the north; Romania and Bulgaria to the east; Macedonia to the south; and Croatia, Bosnia, and Montenegro to the west; it also borders Albania through the disputed territory of Kosovo. The capital of Serbia, Belgrade, is among Europe's oldest cities and one of the largest in Southeast Europe.

Serbia had estimated population of 7.021 million in the year 2016 and expected to reach 6.854 million by 2022. Serbia's unemployment rate was 15.905% of total labor force.

Serbia's real gross domestic product (GDP) was around RSD 3.54 billions in 2016 whereas the nominal GDP was RSD 4200 billions. This resulted in GDP deflator 130.837. Per capita GDP was estimated at USD 5376.26 whereas purchasing power parity (PPP) based per capita GDP was estimated to be at USD 14493.13.

In 2016, Serbia government's revenue was RSD 1779.19 billions whereas the expenditure was RSD 1832.92 billions. This resulted Serbia government's net lending / borrowing negative at RSD 53.729 billion in 2016 indicating that enough financial resources were not made available by the government to boost economic growth.

The current account balance for Serbia was estimated to be negative at USD 1.516 billions for the year 2016 and is expected to decline at a CAGR of 1.82% and reach USD 1.987 by 2022. This negative current account balance indicates the Serbia is a net borrower from the whole world.

Scope of the Serbia PESTEL Analysis, SWOT Analysis and Risk Analysis Market Research Reports

• These reports provide information about key macroeconomic indicators for Serbia.
• These reports provide PESTELE (political, economic, social, technological, environmental and legal) analysis for Serbia.
• These reports provide SWOT (strengths, weaknesses, opportunities and threats) analysis for Serbia.
• These reports provide risk analysis for Serbia.

For more information and to purchase Serbia PESTEL Analysis Market Research Report please visit: https://www.marketresearchreports.com/market-research-reports-inc/serbia-pestel-analysis-market-research-report

For more information and to purchase Serbia SWOT Analysis Market Research Report please visit: https://www.marketresearchreports.com/market-research-reports-inc/serbia-swot-analysis-market-research-report

For more information and to purchase Serbia Risk Analysis Market Research Report please visit: https://www.marketresearchreports.com/market-research-reports-inc/serbia-risk-analysis-market-research-report