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World/Briefs/Serbia

Intelligence brief

Serbia — intelligence brief

The whole picture in one grounded read: observed macro indicators, the derived macro-sentiment composite, the business-cycle regime, and a forward forecast. Derived reads interpret already-observed numbers; the forecast is labelled projections (not observations); an absent series is shown honestly, never fabricated.

How to read this:Observeda real measured value from a named source.Derivedcomputed by Predictonomy from observed series using a reproducible method.AI readan AI interpretation of already-computed figures. Opinion, not a new data point.

Brief

What the data says

Observed macro, derived sentiment, the business-cycle regime, and forward projections — each traced to the live series it reads. Need it as JSON? GET /api/v1/brief/country/{iso3}.

Full briefledger 60ad23b

Serbia: macro conditions look balanced (pressure 51/100); the economy is in expansion; 3 turning-point signals flagged; 19 observed macro indicators held; real gdp growth is projected at 2.2 for 2027.

Macro sentiment

Macro pressure

Derived
Watch
51/ 100

Higher = more macro pressure. Reads as balanced (sentiment -0.02, −1 stressed … +1 supportive).

ⓘ How this score works
Confidence: 90%

Outlook 2027: balanced (projected sentiment -0.04) · a projection from baseline forecasts

Business-cycle regime

DerivedRegime inputsas of 2026

Expansion

growth 2.8%momentum +0.77confidence: high
Turning-point signals
  • Real GDP growth turned up (was falling, now rising).
  • CPI inflation turned up (was falling, now rising).
  • Unemployment turned up (was falling, now rising).

Latest observations

Observed1 indicator omitted (not covered)

as of 2026-01-01

Current account balance to GDPObserved
-5.7%

IMF DataMapper API

as of 2023-01-01

Electric power consumption per capitaObserved
5.1k

World Bank Indicators API

as of 2023-01-01

Net energy importsObserved
42.6%

World Bank Indicators API

as of 2023-01-01

Energy use per capitaObserved
2.4k

World Bank Indicators API

as of 2025-01-01

Exports of goods and servicesObserved
54.3%

World Bank Indicators API

as of 2025-01-01

Gross domestic product, current US dollarsObserved
$100bn

World Bank Indicators API

as of 2025-01-01

GDP per capita, current US dollarsObserved
$15.3k

World Bank Indicators API

as of 2025-01-01

Real GDP growthObserved
2.0%

World Bank Indicators API

as of 2026-01-01

General government debt to GDPObserved
42.6%

IMF DataMapper API

as of 2025-01-01

Imports of goods and servicesObserved
58.6%

World Bank Indicators API

as of 2025-01-01

Consumer price inflationObserved
3.9%

World Bank Indicators API

as of 2025-01-01

Gross fixed capital formation to GDPObserved
22.8%

World Bank Indicators API

as of 2025-01-01

Total populationObserved
6.5m

World Bank Indicators API

as of 2025-01-01

Productivity growthObserved
2.5%

World Bank Indicators API

as of 2021-01-01

Renewable energy shareObserved
27.2%

World Bank Indicators API

as of 2025-01-01

Total reserves (excluding gold)Observed
$26.8bn

World Bank Indicators API

as of 2025-01-01

Reserves in months of importsObserved
6

World Bank Indicators API

as of 2025-01-01

Total reserves (including gold)Observed
$34.2bn

World Bank Indicators API

as of 2025-01-01

Unemployment rateObserved
7.1%

World Bank Indicators API

Forward forecast

Derivedprojections, not observations

Headline reliability: below naive track record (-7% skill vs naive; realized ±5.667 over 20) · a track record, not a guarantee

Forecast heldDerivedledger 60ad23b
Real GDP growth — 2027 baseline projection
2.2

Serbia: forward projections across 15 macro indicators, horizons 2026, 2027, 2028, 2029, 2030, 2031, 2035, 2036. These are projections, not observations — each carries an optimistic/pessimistic band and a confidence interval, anchored against the latest observed value where one is held.

Current account balance to GDP

Latest observed-5.7(2026)· IMF DataMapper API

YearBaselineOptimisticPessimisticConf. band
2027-5.65-1.19-10.11-6.65 – -4.65
2029-5.552.18-13.27-7.39 – -3.7
2031-5.444.53-15.42-7.92 – -2.97
2036-5.198.92-19.29-8.9 – -1.48

Method: linear_trend; lookback 8y; horizon 1y; confidence 80%

Exports of goods and services

Latest observed54.31(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
202655.4865.1347.1153.21 – 57.75
202857.8174.5343.3252.65 – 62.97
203060.1481.7341.4352.25 – 68.04
203565.9796.539.5151.05 – 80.89

Method: linear_trend; lookback 8y; horizon 1y; confidence 80%

Gross domestic product, current US dollars

Latest observed100bn(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
2027119.5bn129.5bn110.9bn115.8bn – 123.2bn
2029138.5bn155.8bn123.6bn128.3bn – 148.8bn
2031157.6bn179.9bn138.2bn139.7bn – 175.5bn
2036205.1bn236.7bn177.8bn162.6bn – 247.7bn

Method: weighted_composite; lookback 8y; horizon 1y; confidence 80%

Real GDP growth

Latest observed2.03(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
20272.27.14-2.071.35 – 3.06
20290.899.44-6.52-0.58 – 2.37
2031-0.4210.62-9.98-2.34 – 1.5
2036-3.711.91-10-6.89 – -0.5

Method: weighted_composite; lookback 6y; horizon 1y; confidence 80%

GDP per capita, current US dollars

Latest observed15.3k(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
202718.4k19.9k17.2k17.9k – 19k
202921.5k24k19.3k19.9k – 23.1k
203124.6k27.9k21.8k21.8k – 27.4k
203632.3k36.9k28.3k25.6k – 39k

Method: weighted_composite; lookback 8y; horizon 1y; confidence 80%

General government debt to GDP

Latest observed42.6(2026)· IMF DataMapper API

YearBaselineOptimisticPessimisticConf. band
202741.246.1235.5339.79 – 42.62
202938.4146.9228.5835.25 – 41.56
203135.6146.622.9331.07 – 40.15
203628.6244.1610.6921.65 – 35.59

Method: linear_trend; lookback 10y; horizon 1y; confidence 80%

Imports of goods and services

Latest observed58.61(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
202659.0472.345.7956.07 – 62.02
202859.9182.8736.9553.52 – 66.3
203060.7890.4231.1351.38 – 70.18
203562.94104.8721.0246.46 – 79.43

Method: linear_trend; lookback 8y; horizon 1y; confidence 80%

Consumer price inflation

Latest observed3.89(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
20275.9816.08-4.853.64 – 8.32
20297.8125.32-53.56 – 12.07
20319.6532.24-53.87 – 15.43
203614.2346.18-54.87 – 23.59

Method: exponential_smoothing; lookback 6y; horizon 1y; confidence 80%

Gross fixed capital formation to GDP

Latest observed22.84(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
202622.8525.3120.7222.14 – 23.57
202822.9127.1719.2221.21 – 24.62
203022.9828.4718.2120.35 – 25.6
203523.1330.9116.3918.32 – 27.94

Method: weighted_composite; lookback 8y; horizon 1y; confidence 80%

Total population

Latest observed6.5m(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
20276.5m6.8m6.2m6.3m – 6.7m
20296.4m6.7m6.2m6m – 6.9m
20316.4m6.7m6.1m5.7m – 7.1m
20366.2m6.5m6m4.9m – 7.5m

Method: exponential_smoothing; lookback 10y; horizon 1y; confidence 80%

Productivity growth

Latest observed2.46(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
20262.478.37-1.961.69 – 3.24
20282.5412.76-5.131.14 – 3.94
20302.6115-7.290.75 – 4.47
20352.7815-100.01 – 5.56

Method: weighted_composite; lookback 7y; horizon 1y; confidence 80%

Total reserves (excluding gold)

Latest observed26.8bn(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
202628.9bn32.5bn25.2bn27.8bn – 29.9bn
202834bn40.3bn27.6bn31.4bn – 36.6bn
203039.1bn47.3bn30.9bn34.6bn – 43.5bn
203551.8bn63.4bn40.2bn41.1bn – 62.6bn

Method: weighted_composite; lookback 8y; horizon 1y; confidence 80%

Reserves in months of imports

Latest observed6.16(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
20265.967.264.655.66 – 6.25
20285.717.973.465.09 – 6.33
20305.598.512.684.7 – 6.49
20355.59.621.383.99 – 7.01

Method: mean_reversion; lookback 10y; horizon 1y; confidence 80%

Total reserves (including gold)

Latest observed34.2bn(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
202637.3bn40.6bn33.9bn36.1bn – 38.4bn
202845bn50.7bn39.2bn41.6bn – 48.3bn
203052.6bn60.1bn45.2bn46.7bn – 58.6bn
203571.9bn82.4bn61.4bn57bn – 86.8bn

Method: weighted_composite; lookback 8y; horizon 1y; confidence 80%

Unemployment rate

Latest observed7.12(2025)· World Bank Indicators API

YearBaselineOptimisticPessimisticConf. band
20278.5110.66.428.05 – 8.96
20297.9311.544.316.99 – 8.86
20317.3412.012.686.04 – 8.65
20365.8912.4903.94 – 7.84

Method: linear_trend; lookback 6y; horizon 1y; confidence 80%

Generated by the prediction engine (model prediction-engine-v1) on 2026-08-04 from observed history. Projections, not observations — never a guarantee of future values.

Machine-readable: GET /api/v1/brief/country/SRB · API docs