by Raiffeisen Bank International DISCOVER CEE Area: 77,474 km² Population: 7 million Median age of population: 43.3 years GDP/capita (PPP): EUR 11,300 Unemployment rate: 11% Current account balance (in % of GDP): -4.8 Government gross debt (in % of GDP): 55.8 R&D expenditure (in % of GDP, as of 2017): 0.9 Top 3 export destinations Italy Germany Bosnia a. H. EXPORTS (IN % OF GDP AS OF 2017): 52.4 UNTOUCHED NATURE In Vinatovaèa rainforest, 350-year-old be- ech trees can be found. Lumbering, picking plants and moving fallen trees is strictly pro- hibited in the nature reserve, so everything remains untouched by human interference. Economic data: provided by Raiffeisen RESEARCH, as of 2018 unless stated otherwise SERBIA COMPETITIVENESS RANKINGS Ease of Doing Business Index (Worldbank): 43 out of 190 Global Competitiveness Index (WEF): 65 out of 140 SHARE IN GROSS VALUE ADDED (AS OF 2017) Industry: 26.5% Construction: 5% Services: 52% Agriculture: 7.3% BLOODY WELL POPULAR The word “vampire” is the only word of Serbian origin that is accepted and used across the world. ONE-YEAR-LONG RIVER The Serbian river Vrelo is one of the shortest in Europe and bears the nick- name “Godina” (Serbian for “year”), because it is exactly 365 meters long. DISCOS ON WATER According to Lonely Planet, Belgrade is one of the cities with the best nightlife in the world. Besides numerous festivals, nightclubs and concerts, the city is also famous for the “splavs” (ﬂoating river clubs). ROMAN SERBIA 18 Roman emperors were born on the territory of today’s Serbia, among them Constantine the Great (born in Naissus, today’s Niš). Moreover, Serbia is home to the ancient city of Sirmium, one of the main cities of the former Roman Empire. BLOO bian o across

CEE Blog Factsheet Serbien · ech trees can be found. Lumbering, picking plants and moving fallen trees is strictly pro-hibited in the nature reserve, so everything remains untouched

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Page 1: CEE Blog Factsheet Serbien · ech trees can be found. Lumbering, picking plants and moving fallen trees is strictly pro-hibited in the nature reserve, so everything remains untouched

by Raiffeisen Bank InternationalDISCOVER CEE

Area: 77,474 km²Population: 7 millionMedian age of population: 43.3 yearsGDP/capita (PPP): EUR 11,300Unemployment rate: 11%Current account balance (in % of GDP): -4.8 Government gross debt (in % of GDP): 55.8 R&D expenditure (in % of GDP, as of 2017): 0.9

Top 3 export destinationsItalyGermanyBosnia a. H.

EXPORTS (IN % OF GDP AS OF 2017): 52.4

UNTOUCHED NATUREIn Vinatovaèa rainforest, 350-year-old be-ech trees can be found. Lumbering, picking plants and moving fallen trees is strictly pro-hibited in the nature reserve, so everything remains untouched by human interference.

Economic data: provided by Raiffeisen RESEARCH, as of 2018 unless stated otherwise

SERBIA

COMPETITIVENESS RANKINGSEase of Doing Business Index (Worldbank): 43 out of 190Global Competitiveness Index (WEF): 65 out of 140

SHARE IN GROSS VALUE ADDED (AS OF 2017)

Industry: 26.5%Construction: 5%Services: 52%Agriculture: 7.3%

BLOODY WELL POPULAR The word “vampire” is the only word of Serbian origin that is accepted and used across the world.

ONE-YEAR-LONG RIVER The Serbian river Vrelo is one of the shortest in Europe and bears the nick-name “Godina” (Serbian for “year”), because it is exactly 365 meters long.

DISCOS ON WATERAccording to Lonely Planet, Belgrade is one of the cities with the best nightlife in the world. Besides numerous festivals, nightclubs and concerts, the city is also famous for the “splavs” (fl oating river clubs).

ROMAN SERBIA 18 Roman emperors were born on the territory of today’s Serbia, among them Constantine the Great (born in Naissus, today’s Niš). Moreover, Serbia is home to the ancient city of Sirmium, one of the main cities of the former Roman Empire.

BLOODY WELL POPULAR The word “vampire” is the only word of Serbian origin that is accepted and used Serbian origin that is accepted and used across the world.