Serbia Economic and FDI Outlook

Improved Structural Competitiveness Provided Additional National Bank of Serbia Boost to Overall Macroeconomic Performance Chart 37 Indicators on business regulation, Doing Business (rank, lower value means rank improvement) Chart 38 Global competitiveness indicators, WEF (rank, lower value means rank improvement) Institutions 200 Overall ranking Infrastructure 150 Macroeconomic Inovations 100 enviornment 50 Health Overall rank 200 Resolving insolvency Starting a business 150 100 Enforcing contracts 50 Dealing with construction permits Business dynamics Trading across borders Getting electricity Paying taxes Registering property Protecting minority/ Getting credit investors Source: World bank, Doing Business Report. Market size Technological competencial market development Skills Commodity market efficiency Labour market efficiency -2012 2019 2012 2020 Source: World Economic Forum. Key reform areas in the previous period: Construction sector; Labor market; Tax administration; Financial sector; Contract enforcement and resolving insolvency. 22 22

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