Location: Southeastern Europe, central part of the Western Balkans

Form of Government: Parliamentary Republic

Capital city: Belgrade, about 1.7 million inhabitants

Territory: 88,499 square kilometers

Population: 7.0 million (the data for AP Kosovo and Metohia excluded)

Borders with: Hungary, Romania, Bulgaria, North Macedonia, Albania, Montenegro, Bosnia and Herzegovina and Croatia

Official language: Serbian

National currency: RSD – dinar

Time zone: GMT+1

GDP (2018): €42.8bn

GDP pc (2018): €6,127

Middle exchange rate (as of 31-12-2018):

  • EUR/RSD: 118,2716
  • USD/RSD: 100.2784

EU integration

Serbia formally started negotiations to join EU on 21st January 2014, 17 chapters opened out of 35 and 2 closed

Credit ratings

  • Fitch Ratings: BB/ stable
  • Moody’s: Ba3/ stable
  • S&P: BB/ positive
  • Moody’s has increased credit rating of Serbia to Ba3

Development of
the knowledge-based economy

Science-Technology Parks

Data Center

The most advanced in the region in terms of technical and security standards

  • Hosts key information and communication infrastructure for the Republic of Serbia
  • Hosts Nvidia supercomputer with AI platform of the latest generation
  • The Center’s services are, in addition to state institutions, also available to commercial users
  • The Center meets the Tier 4 standard, ISO 27001 security standard, ISO 9001 and ISO 20000 quality standards