Serbia

On this page you will find beneficial information regarding foreign direct investment in / trading with Serbia. If you are interested in exploring trade or investment possibilities in the country, feel free to contact the International Trade Council team. Additionally, we encourage you to engage with the official government investment agency featured on this page.

It is important to note that while the statistics presented on this page were understood to be accurate at the time of publication, they are subject to change over time. Please consult your ITC Trade Commissioner for up-to-date information.

Type of Government: Republic
Population: 6.760 million (2022)
GDP: 63.56 billion USD (2022)
Corporate Tax Rate: 15%
Personal Income Tax Rate: 10%
Major Exports: The top exports of Serbia are Insulated Wire ($1.9B), Copper Ore ($1.77B), Electricity ($996M), Rubber Tires ($917M), and Electric Motors ($851M), exporting mostly to Germany ($4B), Bosnia and Herzegovina ($2.14B), Italy ($2.1B), Hungary ($1.69B), and Romania ($1.31B).
Major Imports: The top imports of Serbia are Electricity ($2.65B), Crude Petroleum ($2.28B), Petroleum Gas ($1.6B), Packaged Medicaments ($1.18B), and Cars ($1.12B), importing mostly from Germany ($4.74B), China ($3.47B), Hungary ($3.42B), Russia ($3.05B), and Italy ($2.53B).