FEDERATION OF EURO-ASIAN STOCK EXCHANGES
ANNUAL REPORT APRIL 2011
BELGRADE STOCK EXCHANGE
SERBIA KEY MACROECONOMIC INDICATORS
2009 Q1 2010 Q2 2010 Q3 2010 Oct 2010 Nov 2010
Real GDP growth (in %)
-3.1
Consumer prices (in %, relative to the same month a year earlier) 2)
6.6
Core inflation (in %, relative to the same month a year earlier) 2)
4.1
NBS foreign exchange reserves (in EUR million)
10,602
Exports (in EUR million) 3)
8,478
- growth rate in % compared
to a year earlier
-16.5
Imports (in EUR million) 3)7)
-13,577
- growth rate in % compared
to a year earlier
-28.0
Current account balance 4)7) (in EUR million)
-2,084
as % of GDP
-7.0
Unemployment according to the Survey (in %) 5)
16.1
Wages (average for the period, in EUR)
337.9
RS budget deficit/surplus (in % of GDP) 6)
-3.2
Consolidated fiscal result (in % of GDP)
-4.3
RS public debt (external + internal, in % of GDP) 6)
32.9
RSD/USD exchange rate
(average, in the period)
67.47
RSD/USD exchange rate (end of period)
66.73
RSD/EUR exchange rate (average, in the period)
93.95
RSD/EUR exchange rate (end of period)
95.89
Memorandum GDP (in EUR million)
29,967 0.4
4.7
2.3
10,445
2,009 2.0
4.2
1.9
10,493
2,505 1,8 1)
7.7
5.7
9,876
2,668 8.9
6.8
9,721
918 9.6
7.7
9,661
8.1
-3,214 17.2
-3,665 20.4
-3,918 17.1
-1,200 -4.4
-760
-11.3
/
321.5
-3.1
-3.5
33.8 12.5
-610
-8.2
19.2
335
-3.7
-3.7
35.9 16.1
-523
-6.7
/
324.8
-2.8
-3.2
38.8 1.6
-99 71.38
74.38
98.67
99.76
6,750 79.93
85.48
101.37
104.37
7,427 81.49
78.11
105.15
106.17
7,770 1) 320.4
/
/
38.3 /
/
38.8
76.55
77.34
106.33
107.43 78.30
81.76
107.07
107.19
1) NBS estimate.
2) Retail prices until 2006
3) Trade with Montenegro is registered within relevant transactions as of 2003.
4) In accordance with BPM 5, a portion of estimated remittances was transferred from the financial account to the current account.
5) Source: Labour Force Survey, Statistical Office.
6) Source: RS Ministry of Finance Bulletin.
7) As of 1 January 2010, the Statistical Office, according to UN recommendations, applies the general trade system which is a broader concept
and includes all goods entering/exiting the country's economic territory, apart from goods in transit. The Statistical Office published comparable
data for 2007, 2008 and 2009. Previous years are disseminated under a special trade system.
Note: Data are subject to corrections in line with the official data sources.
Source: National Bank of Serbia
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