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World Bank affirms Serbia's 2024, 2025 growth forecasts

Jun 12, 2024, 5:38:06 PMArticle by Iskra Pavlova
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June 12 (SeeNews) - The World Bank said it expects the Serbian economy to grow by 3.5% this year and by 3.8% in 2025, affirming its forecast made in April.

World Bank affirms Serbia's 2024, 2025 growth forecasts
GDP, economy Source: unsplash.com

Serbia's gross domestic product (GDP) growth estimate for 2026 was also left unchanged at 4.0%, the World Bank said in its June 2024 Global Economic Prospects report published on Tuesday.

The Serbian economy expanded by 2.5% in 2023.

The World Bank noted it expects growth in the Western Balkans, including Albania, Bosnia and Herzegovina, Kosovo, Montenegro, North Macedonia, and Serbia, to accelerate to 3.2% in 2024, 3.5% in 2025 and 3.8% in 2026, from the estimated 2.5% in 2023.

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