Serbia and Montenegro

Serbia, forming the bulk of the country has a troubled history as a would-be regional power. Montenegro declared independence from Serbia in 2006, and recently the secession of Kosovo has raised tension within the whole region.

Economic Strengths

Halting progress towards EU membership following declaration of independence of Montenegro in 2006. Economic potential of Danube.

Economic Weaknesses

High unemployment. Tensions in the wake of Kosovo's declaration of independence.

Population Capital city
7,981,223 Belgrade
Currency World GNP Ranking
Dinar (Serbia); Euro (Montenegro) 68
GNP per Capita ($) Inflation
7684 5.25%
Unemployment Tourism visitors per year (thousands)
16.75% 1091.85

 

Source: Knight Frank Residential Research as at Dec 2007