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This article deals with the economy of the Serbian part of the European state of Serbia and Montenegro. For the article covering the whole economy, see Economy of Serbia and Montenegro. Serbia and Montenegro – Serbia – Kosovo and Metohia (UN administration) – Vojvodina – Montenegro Official language Serbian1 Capital Belgrade Independence- Declared from the Ottoman Empire Gained autonomy 1817 Independence July 13, 1878 Area – Total – % water 88,361 km² n/a Population – Total (2002) (not including data for Kosovo and Metohia Province) – Density 7. ...
World map showing Europe Europe is conventionally considered one of the seven continents of Earth which, in this case, is more a cultural and political distinction than a physiogeographic one. ...
The economy of Serbia and Montenegro entered a prolonged decline in 1989. ...
Economy
Main article: Serbia Serbia and Montenegro – Serbia – Kosovo and Metohia (UN administration) – Vojvodina – Montenegro Official language Serbian1 Capital Belgrade Independence- Declared from the Ottoman Empire Gained autonomy 1817 Independence July 13, 1878 Area – Total – % water 88,361 km² n/a Population – Total (2002) (not including data for Kosovo and Metohia Province) – Density 7. ...
- Real GDP - PPP: $28.37 Billion (2005)
- Real GDP - Exchange rate conversion for SCG: $25.46 Billion (2005), $22.73 Billion for Serbia (Central SR and AP Vojvodina)
- GDP Per Capita - PPP: $2600 (Expected for 2005)
- Real GDP Per Capita - Non PPP: $3200 (2005)
- GDP growth rate: 7% (2004), 4% predicted for 2005 [1]
- Real GDP growth rate in Q1 2005: 5.6%
- Real GDP growth rate in Q2 2005: 7.3%
- Real GDP growth rate in Q3 2005: 6.4%
- Real GDP growth rate in Q4 2005: 5.9%
- Total growth for 2005: 6.3%
- Source: http://www.srbija.sr.gov.yu/vesti/vest.php?id=22094
- Industrial production growth rate for 2004: 7.1%
- Industrial production growth rate March 2005: -6.2%
- Industrial production growth rate April 2005: 0.9%
- Industrial production growth rate May 2005: -3.5%
- Industrial production growth rate June 2005: -2.3%
- Industrial production growth rate July 2005: -1.1%
- Industrial production growth rate August 2005: 8.3%
- Industrial production growth rate September 2005: 6.3%
- Industrial production growth rate October 2005: 5.2%
- Industrial production growth rate November 2005: 2.8%
- Industrial production growth rate December 2005: 0.3%
- Total for 2005: 1.3%
- Industrial production growth rate January 2006: 0.8%
- Industrial production growth rate February 2006: 10.0%
- Source: http://www.srbija.sr.gov.yu/vesti/vest.php?id=22005&q=industrial+production
- Employment by sector (2005)
- Tertiary: 57.9%
- Secondary: 25.5%
- Primary: 16.6%
- Total labourforce: 3.22 Million
- Unemployment rate: 32.60%
- Average income: $5,368
- Government budget (2005)
- Revenues: $11.45 Billion
- Expenditures: $11.12 Billion
- Trade in 2004
- Export: $3 701 Million (34.3% increase)
- Import: $11 139.2 Million (49.1% increase)
- Total trade: $14 820.2 Million (31.1% increase)
- Balance of trade: -$7 438.2 Million
- Trade, 2005
- Export: $4 080 Million (31.1% increase)
- Import: $9 540 Million (4.7% increase)
- Total trade: $13 630 Million (11.4% increase)
- Balance of trade: -$5 450 Million (9% decrease in deficit)
- Trade, 2006 (January and February)
- Export: $682.2 Million (14.8% increase)
- Import: $1490.2 Million (32.5% increase)
- Total trade: $2172.4 Million (26.4% increase)
- Balance of trade: -$808 Million (52.3% increase)
- Source: http://www.srbija.sr.gov.yu/vesti/vest.php?id=22107
- Other statistics
- Inflation: 13.7% (2004), 16.5% for 2005
- Foreign debt: $12.97 Billion (45.7% of GDP)
- Total estimated foreign investment for 2005: $1.5 - $2.0 Billion
- Privatisation receipts for 2005: $774 Million
- Foreign currency reserves: $5.05 Billion
- GDP trends over the past 10 years
- Year / Real GDP ($ Millions - in 2002 dollars) / Real GDP growth rate:
- 1995: $21 315 / 5.7%
- 1996: $22 296 / 4.6%
- 1997: $23 946 / 7.4%
- 1998: $24 521 / 2.4%
- 1999: $20 728 / -18.3%
- 2000: $21 909 / 5.7%
- 2001: $23 158 / 5.7%
- 2002: $23 922 / 3.3%
- 2003: $24 281 / 1.5%
- 2004: $25 980 / 7.0%
- Estimates for next four years
- 2005: $27 669 / 6.5%*
- 2006: $29 191 / 5.5%
- 2007: $30 650 / 5.0%
- 2008: $32 336 / 5.5%
(*This has be revised to 6.5% due to strong growth being recorded in the first three quarters of 2005)
Currency The Serbian dinar is the official currency of Serbia, one of the two republics that comprise Serbia-Montenegro. ...
The euro (plural euro, symbol: €; banking code: EUR) is the official currency of the European Union and single currency for over 300 million Europeans in the following twelve European Union member states: Austria, Belgium, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, the Netherlands, Portugal and Spain; collectively also known as...
The United States dollar is the official currency of the United States. ...
National bank of Serbia (NBS) was founded in 1884. ...
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