In its latest World Economic Outlook, released on Tuesday, the International Monetary Fund (IMF) has retained a 3.5% 2022 GDP growth forecast for Serbia – unchanged from June – and projects the country’s growth rate to decelerate to 2.7% in 2023.

In the report, Serbia’s 2022 and 2023 inflation is projected at 11.5% and 8.3%, respectively.

According to the IMF projection, Serbia’s current account balance will see a deficit of 8.4% of GDP in 2022, and it is expected to shrink to 7% next year.

The projected 2022 and 2023 jobless rates for Serbia are 9.9% and 9.7%, respectively.

Source: Tanjug, Momentum