Two-way investment brief
Australia–Serbia
Serbia direct investment in Australia
—
Total Serbia investment in Australia
—
Australian direct investment in Serbia
—
Total Australian investment in Serbia
A$48 m
Trend
Direct investment in both directions
- Serbia in Australia
- Australia in Serbia
Source: ABS, International Investment Position, Australia: Supplementary Statistics (5352.0).
- Direct investment
- Portfolio investment
- Other investment
Source: ABS, International Investment Position, Australia: Supplementary Statistics (5352.0).
Net transactions during the year; negative = net disinvestment
- Serbia → Australia
- Australia → Serbia
Source: ABS, International Investment Position, Australia: Supplementary Statistics (5352.0).
Trade relationship
Australia–Serbia trade
Investment and trade move together: the partners that invest most in Australia are usually major trading partners too. Goods trade is recorded monthly (latest: July 2026); services annually.
Two-way trade, 2025
A$106 m
Goods exports to Serbia, 2025
A$12 m
Goods imports from Serbia, 2025
A$94 m
Services trade, 2025
A$0 k
Calendar years, A$ (ABS merchandise trade)
- Exports to Serbia
- Imports from Serbia
Source: ABS, International Merchandise Trade (MERCH_EXP / MERCH_IMP), summed to calendar years.
Calendar years, A$ (ABS international trade in services by country)
- Exports to Serbia
- Imports from Serbia
Source: ABS, International Trade in Services by Country, calendar years.
Economic outlook
Serbia’s economy
| IMF World Economic Outlook | 2024 | 2025 | 2026forecast | 2027forecast | 2028forecast |
|---|---|---|---|---|---|
| Real GDP growth | 3.9% | 2.0% | 2.8% | 3.5% | 3.5% |
| Inflation | 4.7% | 3.9% | 5.2% | 4.9% | 3.0% |
| Unemployment rate | 8.6% | 8.7% | 8.8% | 8.7% | 8.6% |
| Current account, % GDP | −4.5% | −4.9% | −5.7% | −4.4% | −5.0% |
| Fiscal balance, % GDP | −1.7% | −2.2% | −2.9% | −2.9% | −2.5% |
| Government gross debt, % GDP | 44.1% | 42.4% | 42.6% | 43.0% | 42.7% |
Source: IMF World Economic Outlook via the IMF DataMapper API. Years from 2026 are IMF projections; recent years may be estimates and are revised in each WEO round (April and October).
2025 at a glance
- New FDI from Serbia
- —
- New Australian FDI in Serbia
- —
- Direct investment income paid to investors
- —
- Direct investment income earned by Australians
- —
Serbia globally (World Bank)
- FDI outflows, 2024
- $661 m · 57th
- FDI inflows, 2025
- $3.9 bn
- GDP, 2025
- $100.0 bn
- Region · income
- Europe & Central Asia · Upper-middle income
Regulatory openness (OECD FDIRRI)
OECD index data loading — see FDI openness
Sources: ABS, International Investment Position, Australia: Supplementary Statistics (cat. 5352.0), 2025 release, released 2026-05-06 — levels at 31 December and calendar-year flows and income, A$ millions, immediate counterparty basis (investment routed via third economies is attributed to the intermediate economy). World Bank WDI (US$). OECD FDI Regulatory Restrictiveness Index. np = not published for confidentiality; included in totalsPrepared independently by FDIstats from public statistics; not an Australian Government publication and not investment advice. For foreign investment rules, see the Treasury and FIRB.