Inflation in Serbia will remain stable this year at 1.9 percent, according to the World Bank, while the budget deficit is currently set to reach 2.8 percent of GDP. In an updated World Bank spring economic outlook for Europe and Central Asia, the institution estimates that the share of net foreign direct investment in Serbia’s GDP will slide from 6.3 percent in 2019 to 4.7 percent. It also projected that the country’s public debt is likely to increase to 56.3 percent of GDP in 2020 while its current account deficit will increase by one percentage point from 2019 to 7.9 percent.
