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xPRESSION
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xECUTIVE
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xCLUSIVE
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xPERIENCE
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xHIBITION
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xCANGE
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xTREME
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| SERBIA: |
 |
| Area: |
total: 88,361
sq km
land: 88,361 sq km
water: 0 sq km |
| Land boundaries: |
total: 2,027
km
border countries: Albania 115 km, Bosnia and Herzegovina 302 km,
Bulgaria 318 km, Croatia 241 km, Hungary 151 km, Macedonia 221 km,
Montenegro 203 km, Romania 476 km
Coastline: 0 km |
| Natural resources: |
oil, gas,
coal, iron ore, copper, lead, zinc, antimony, chromite, nickel, gold,
silver, magnesium, pyrite, limestone, marble, salt, arable land |
| Population: |
9,396,411 |
| Administrative divisions: |
29 districts (okrugov;
singular - okrug), 1 capital city*
Serbia Proper: Belgrad*, Bor, Branicevo, Jablanica, Kolubara, Macva,
Moravica, Nisava, Pcinja, Pirot, Podunavlje, Pomoravlje, Rasina, Raska,
Sumadija, Toplica, Zajecar, Zlatibor
Vojvodina Autonomous Province: Central Banat, North Backa, North Banat,
South Backa, South Banat, Srem, West Backa
Kosovo and Metojia Autonomous Province: Kosovo, Kosovska-Mitrovica,
Kosovo-Pomoravlje, Pec, Prizren |
| International organization participation: |
ABEDA, BIS,
BSEC, CE, CEI, EBRD, FAO, G-9, IAEA, IBRD, ICAO, ICC, ICCt, ICFTU, ICRM,
IDA, IFAD (suspended), IFC, IFRCS, IHO, ILO, IMF, IMO, Interpol, IOC,
IOM, IPU, ISO, ITU, MIGA, MONUC, NAM, OAS (observer), OIF (observer),
OPCW, OSCE, PCA, SECI, UN, UNCTAD, UNESCO, UNHCR, UNIDO, UNMIL, UNOCI,
UPU, WCL, WCO, WHO, WIPO, WMO, WToO, WTO (observer) |
| Economy overview: |
After renewing
its membership in the IMF in December 2000, a down-sized Yugoslavia
continued to reintegrate into the international community by rejoining
the World Bank (IBRD) and the European Bank for Reconstruction and
Development (EBRD). A World Bank-European Commission sponsored Donors'
Conference held in June 2001 raised $1.3 billion for economic
restructuring. In November 2001, the Paris Club agreed to reschedule the
country's $4.5 billion public debt and wrote off 66% of the debt. In
July 2004, the London Club of private creditors forgave $1.7 billion of
debt, just over half the total owed. Belgrade has made only minimal
progress in restructuring and privatizing its holdings in major sectors
of the economy, including energy and telecommunications. It has made
halting progress towards EU membership and is currently pursuing a
Stabilization and Association Agreement with Brussels. Serbia is also
pursuing membership in the World Trade Organization. Unemployment
remains an ongoing political and economic problem. The Republic of
Montenegro severed its economy from Serbia during the MILOSEVIC era;
therefore, the formal separation of Serbia and Montenegro in June 2006
had little real impact on either economy. Kosovo's economy continues to
transition to a market-based system and is largely dependent on the
international community and the diaspora for financial and technical
assistance. The euro and the Yugoslav dinar are both accepted currencies
in Kosovo. While maintaining ultimate oversight, UNMIK continues to work
with the EU and Kosovo's local provisional government to accelerate
economic growth, lower unemployment, and attract foreign investment to
help Kosovo integrate into regional economic structures. The complexity
of Serbia and Kosovo's political and legal relationships has created
uncertainty over property rights and hindered the privatization of
state-owned assets in Kosovo. Most of Kosovo's population lives in rural
towns outside of the largest city, Pristina. Inefficient,
near-subsistence farming is common.
note: economic data for Serbia currently reflects information for the
former Serbia and Montenegro, unless otherwise noted; data for Serbia
alone will be added when available |
| GDP |
official
exchange rate: $19.19 billion
real growth rate: 6.5%
per capita (PPP): $4,400 |
| Industries: |
sugar,
agricultural machinery, electrical and communication equipment, paper
and pulp, lead, transportation equipment
Industrial production growth rate: 1.4% |
| Exports: |
$4.553 billion |
| Imports: |
$10.58 billion |
| Debt - external: |
$15.43 billion |
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SEE Report, All rights reserved |