- The Serbian economy experienced strong growth from 2006 to 2008 but was hit hard by the global crisis in 2009, with GDP declining by 3.1%. GDP growth recovered to 1.5% in 2010 and is projected to accelerate further in 2011.
- Prior to the crisis, GDP growth was driven mainly by the services sector but going forward manufacturing, infrastructure, agriculture and energy are expected to play a larger role.
- Attracting foreign direct investment is seen as crucial to creating a favorable economic structure. The government offers various tax incentives and financial support to investors to encourage job creation and investment in fixed assets.
