Serbia’s GDP grew 3.8% in Q4 of 2023

Serbia’s economic output grew by a real 3.8% year-on-year in the fourth quarter of 2023, after increasing by an annual 3.6% in the previous quarter, the statistical office said on Thursday.

Compared to the third quarter of 2023, Serbia’s gross domestic product (GDP) increased by 0.9% in October-December, according to seasonally adjusted GDP data, the statistical office said in a data release.

The year-on-year comparison released on Thursday affirms the flash estimate published last month by the statistical office.

Last month, the government said it expects the country’s economy to grow by 3.5% in 2024. Construction, tourism and services are the key sectors that will drive the anticipated economic growth in 2024, Prime Minister Ana Brnabic said in a press release. Earlier this month, the World Bank said it expects Serbia’s economy to expand by 3% in 2024, affirming its previous projection made in June.

(Biznis.rs, 29.02.2024)

https://biznis.rs/vesti/srbija/realni-rast-bdp-a-srbije-38-odsto-u-cetvrtom-kvartalu-2023/

This post is also available in: Italiano

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