BEST BANKS 2014: EUROPE

BEST BANKS 2014: EUROPE

The region battled continuing recession or, at best, slow growth, a tightening regulatory environment and country-specific banking taxes or fines for past misdemeanors.

 
 
Source
Central bank

National Bank of Serbia

International Reserves

US$ 15.583 billion (Source: IMF; Data updated: 2012)

Source
Gross Domestic Product - GDP

US$ 43.192 billion (2010 estimate)

GDP (Purchasing Power Parity)

80.282 billion of International dollars (2010 estimate)

Real GDP growth
2001 2002 2003 2004 2005 2006 2007 2008
5.6% 3.9% 2.4% 8.5% 5.4% 5.2% 6.9% 3.8%
2009 2010 2011 2012*        
-3.5% 1% 1.8% 0.5%        

*Estimate

GDP per capita - current prices

US$ 5,816 (2002 estimate)

GDP per capita - PPP

$10,811 International Dollars (2002 estimate)

GDP (PPP) - share of world total
1980 1990 2000 2010 2015**
N/A N/A 0.1% 0.1% 0.1%

**Forecast

 
 
Source
GDP - composition by sector

(Data released on February 2012)

  • agriculture: 12.3% 
  • industry: 22.5% 
  • services: 65.2% (2011 estimate)
Gross domestic expenditure on R&D; (% of GDP)

N/A

(Data released on March 2012)

Inflation
2009 2010 2011 2012*
8.1%(2008) 6.2% 11.2% 4.1%

*Estimate

Unemployment rate
2009 2010 2011 2012*
17.4% 20.1% 23.7%(2009) 23.9%

*Estimate

Household saving rates

N/A

(Data released on December 2011)

Public debt (General government gross debt as a % of GDP)
2008 2009 2010 2011 2012*
34.2% 38.2% 44.8% 47.9% 53.7%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2008 2009 2010 2011* 2012**
-2% -3.7% -3.6% -4% -4.1%

*Estimate    **Forecast

Government bond ratings

Standard & Poor's: BB-

Moody's rating: N/A

Moody's outlook: N/A

(Foreign Currency Government Bond Ratings; Data last updated Dec 2011 and Nov 2012)

Market value of publicly traded shares
2009 2010 2011
US$11.52 billion US$9.69 billion US$8.365 billion
Largest companies in Serbia

N/A

 
 
Source
Current account balance

US$ -3.7 billion (2009 estimate)(After 2008)

Current account balance by percentage of GDP

-8.6% of GDP (2009 estimate)(2009)

Exports as percent of GDP(Exports of goods and services)

34.9% (2010)

(Data released on April 2012)

Shares in world total merchandising export

0.06%(2007)

(Data were released in 2012 and refer to 2011)

Shares in world total commercial services export

0.1% (2011)(2007)

(Data were released in 2012)

Total exports

US$11.35 billion (2012 estimate) 

Export commodities

iron and steel, rubber, clothes, wheat, fruit and vegetables, nonferrous metals, electric appliances, metal products, weapons and ammunition, automobiles

Total imports

US$19.01 billion (2012 estimate) 

 
 
Source
Import commodities

N/A

Exports - major partners

Germany 11.3%, Bosnia and Herzegovina 11.2%, Bosnia and Herzegovina 10.1%, Montenegro 7.6%, Romania 6.3%, Russia 5.4%, Macedonia 4.9%, Macedonia 4.4% (2011 estimate)

Imports - major partners

Russia 12.8%, Germany 10.6%, Italy 8.5%, China 7.2%, Hungary 4.6% (2011 estimate)

FDI inflows
2009 2010 2011
US$1,959 million US$1,329 million(2009) US$2,709 million(2009)
FDI outflows
2009 2010 2011  
US$52 million US$189 million US$170 million  
Value of cross-border M&A;, by country of purchaser
2008 2009 2010 2011
US$-7 million US$-174 million(2009) N/A(2009) US$51 million
Cross-border M&A; deals worth over $3 billion completed in 2010(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(for a monthly update on M&A; click here )

Cross-border M&A; deals worth over $3 billion completed in 2011(Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A(2008 estimate)

(for a monthly update on M&A; click here )

Best countries for doing business World Bank/IFC Doing Business Project (Economies are ranked on their ease of doing business, from 1 - 185. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.)

Overall ranking: 86 out of 185 countries(2009) (2013)

Subcategories:

Starting a business: 42 out of 185 countries(2009)

Enforcing Contracts: 103 out of 185 countries

Registering Property: 41 out of 185 countries

Getting credit: 40 out of 185 countries

Protecting investors: 82 out of 185 countries

Trading across border: 94 out of 185 countries

Paying Taxes: 149 out of 185 countries

Dealing with Construction Permits: 179 out of 185 countries

Getting Electricity: 76 out of 185 countries

Resolving Insolvency: 103 out of 185 countries

(2013)

Global competitiveness ranking(ranking by country on a basis of 144, the first is the best)

95

(2012)

 

 

Index of Economic FreedomWSJ and Heritage Foundation

Ranking: 98 Score: 58.0 (Mostly Unfree) (2009)

(100=totally free 0=totally repressed )

 
 
Source
Total area

88,361 km2 (2006)

Capital

Belgrade (Beograd) (2009)

Currency

Serbian dinars (RSD) (2009)

Government type

republic (2009)

Languages

Serbian 88.3% (official), Hungarian 3.8%, Bosniak 1.8%, Romany (Gypsy) 1.1%, other 4.1%, unknown 0.9% (2002 census)

Religions

Serbian Orthodox 85%, Catholic 5.5%, Protestant 1.1%, Muslim 3.2%, unspecified 2.6%, other, unknown, or atheist 2.6% (2002 census)

Total population
1980 1990 2000 2012* 2017**
N/A N/A 7.52 million 7.57 million 7.57 million

*Estimate    **Forecast

 
 
Source
Urban population as % of total population
1960 1980 2000 2011
N/A N/A 51.1% 56.4%
Population median age

38 years (2010)

Population growth rate

-0.4% (2011)

Life expectancy

74 years (2010)

Adult literacy

98% (2005/2010)

% of population living on less than $2 a day

<2% (2011)

Inequality of wealth distribution (Gini index)

27.8 (2009)

(Data were released in 2011, 0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights:2
Civil Liberties:2 (2011)

(1 represents the most free, 7 the least free)

Source
Total telephone subscribers as % of population

162.71% (2011)

(sum of fixed telephone lines and mobile cellular subscribers)

Internet users as % of total population

42.2% (Data were released in 2012 and refer to 2011)

Cost of living - Mercer index(ranking by city on a basis of 214; the 1st is the most expensive and the 214th is the least expensive)

Belgrade: 189th (2011)

Source
CO2 emissions(Metric tons of CO2 per capita)

4.6949 (Data were released in 2012 and refer to 2009)

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