IT is official: The decline in year of the pandemic is 1.1 percent, but that’s why salaries have increased
BizLife 31.12.2020 | Beta
A total economic activity in Serbia in 2020, measured by real movement of the gross domestic product (GDP), recorded a decrease of 1.1 percent when compared to 2019, the Statistical Office of the Republic of Serbia announced.
Gross fixed assets investments in 2020 had a real decline of 2.8 percent. The volume of agricultural production this year increased by 4.4 percent, while the industrial production recorded an increase in physical volume of 0.2 percent. The value of completed works in the construction industry in 2020 is realistically lower by 4.3 percent when compared to the previous year. The retail trade turnover achieved a real growth of five percent, while the wholesale trade
