Serbia [+]Compare [E]dit [H]istory

Aliases: People's Republic of Serbia, Republic of Serbia, Republika Srbija, Srbija

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Object «Serbia» has attributes

Attribute Value
Geography
Area 77,474 km²
Continent Europe
Land area 77,474 km²
Water area 0 km²
Land boundaries 2,322 km
Border countries
  • Bosnia and Herzegovina
  • Bulgaria
  • Croatia
  • Hungary
  • Kosovo
  • Macedonia
  • Montenegro
  • Romania
Coastline 0 km
Mean elevation 442 m
Lowest point 35 m
Highest point 2,169 m
People
Population 7,012,165
Official languages
  • Serbian
Religion Orthodox
Government
Long country name Republic of Serbia
Short country name Serbia
Long local name Republika Srbija
Short local name Srbija
Former name
  • People's Republic of Serbia
  • Socialist Republic of Serbia
Government type Parliamentary republic
Capital Belgrade
Economy
GDP (PPP) 105,700,000,000 USD
GDP (OER) 41,430,000,000 USD
GDP (real growth rate) 1.9 %
GDP - per capita (PPP) 15,100 USD
Gross national saving 15.3 % of GDP
Labor force 2,920,000
Unemployment rate 14.1 %
Population below poverty line 8.9 %
Budget revenues 17,690,000,000 USD
Budget expenditures 17,590,000,000 USD
Military expenditures 1.39 % of GDP
Taxes and other revenues 42.7 % of GDP
Budget surplus or deficit 0.2 % of GDP
Public debt 62.5 % of GDP
Inflation rate 3.1 %
Central bank discount rate 3.5 %
Commercial bank prime lending rate 8.2 %
Stock of narrow money 6,756,000,000 USD
Stock of broad money 6,756,000,000 USD
Stock of domestic credit 24,420,000,000 USD
Market value of publicly traded shares 5,064,000,000 USD
Current account balance -2,354,000,000 USD
Exports 15,920,000,000 USD
Imports 20,440,000,000 USD
Reserves of foreign exchange and gold 11,910,000,000 USD
External debt 29,500,000,000 USD
National currency Serbian dinars
National currency (code) RSD
National currency (symbol) Дин.
National currency rate to USD 112.4

The Kingdom of Serbs, Croats, and Slovenes was formed in 1918; its name was changed to Yugoslavia in 1929. Communist Partisans resisted the Axis occupation and division of Yugoslavia from 1941 to 1945 and fought nationalist opponents and collaborators as well. The military and political movement headed by Josip Broz "TITO" (Partisans) took full control of Yugoslavia when their domestic rivals and the occupiers were defeated in 1945. Although communists, TITO and his successors (Tito died in 1980) managed to steer their own path between the Warsaw Pact nations and the West for the next four and a half decades. In 1989, Slobodan MILOSEVIC became president of the Republic of Serbia and his ultranationalist calls for Serbian domination led to the violent breakup of Yugoslavia along ethnic lines. In 1991, Croatia, Slovenia, and Macedonia declared independence, followed by Bosnia in 1992. The remaining republics of Serbia and Montenegro declared a new Federal Republic of Yugoslavia (FRY) in April 1992 and under MILOSEVIC's leadership, Serbia led various military campaigns to unite ethnic Serbs in neighboring republics into a "Greater Serbia." These actions ultimately failed and, after international intervention, led to the signing of the Dayton Peace Accords in 1995.MILOSEVIC retained control over Serbia and eventually became president of the FRY in 1997. In 1998, an ethnic Albanian insurgency in the formerly autonomous Serbian province of Kosovo provoked a Serbian counterinsurgency campaign that resulted in massacres and massive expulsions of ethnic Albanians living in Kosovo. The MILOSEVIC government's rejection of a proposed international settlement led to NATO's bombing of Serbia in the spring of 1999. Serbian military and police forces withdrew from Kosovo in June 1999, and the UN Security Council authorized an interim UN administration and a NATO-led security force in Kosovo. FRY elections in late 2000 led to the ouster of MILOSEVIC and the installation of democratic government. In 2003, the FRY became the State Union of Serbia and Montenegro, a loose federation of the two republics. Widespread violence predominantly targeting ethnic Serbs in Kosovo in March 2004 led to more intense calls to address Kosovo's status, and the UN began facilitating status talks in 2006. In June 2006, Montenegro seceded from the federation and declared itself an independent nation. Serbia subsequently gave notice that it was the successor state to the union of Serbia and Montenegro.In February 2008, after nearly two years of inconclusive negotiations, Kosovo declared itself independent of Serbia - an action Serbia refuses to recognize. At Serbia's request, the UN General Assembly (UNGA) in October 2008 sought an advisory opinion from the International Court of Justice (ICJ) on whether Kosovo's unilateral declaration of independence was in accordance with international law. In a ruling considered unfavorable to Serbia, the ICJ issued an advisory opinion in July 2010 stating that international law did not prohibit declarations of independence. In late 2010, Serbia agreed to an EU-drafted UNGA Resolution acknowledging the ICJ's decision and calling for a new round of talks between Serbia and Kosovo, this time on practical issues rather than Kosovo's status. Serbia and Kosovo signed the first agreement of principles governing the normalization of relations between the two countries in April 2013 and are in the process of implementing its provisions. In 2015, Serbia and Kosovo reached four additional agreements within the EU-led Brussels Dialogue framework. These included agreements on the Community of Serb-Majority Municipalities; telecommunications; energy production and distribution; and freedom of movement. President Aleksandar VUCIC has promoted an ambitious goal of Serbia joining the EU by 2025. Under his leadership as prime minister, in January 2014 Serbia opened formal negotiations for accession. The EU’s Western Balkans Strategy, released in February 2018, outlines the steps that Serbia needs to take to complete the accession process in a 2025 perspective.

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