Serbia

Serbia

Print To PDF

Serbia Flag Serbia

  • Population: 6.7 million
  • GDP: €69.4 billion
  • GDP per capita: €10,354
  • Public debt: 52.9% GDP
  • EU candidate: Candidate country since March 2012

'WBIF projects benefit the lives of people and businesses in Serbia as part of the accession process to the EU. The objective is not only about building a road or a school, it is about creating the most effective infrastructure network in line with EU standards.'

Ambassador Emanuele Giaufret

Since 2009, the WBIF has supported estimated investments of €9.4 billion in the public sector in Serbia.

The country has benefited from 84 grants worth €909.5 million in technical assistance and investment co-financing. The EU IPA grant support channelled through the WBIF accounts for €883.7 million and covers both technical assistance and investment works. Other donors have contributed €25.8 million as well.

€909.5m

Investment grants: €820.8m

Technical assistance: €88.7m


€9.4bn

€3.6bn

WBIF grants

Transport

Sustainable transport

€637m

Energy

Clean energy

€109.8m

Environment

Environment & climate

€53.3m

Social

Human capital

€73.5m

Digital infrastructure

Digital future

€35.9m

Private sector competitiveness

Breakdown of support provided below

Total

€909.5m

Achieved results

2009 – 2022

  • 93 km of motorways built
  • 93 km of railway lines rehabilitated
  • 60 km of electricity transmission lines upgraded
  • Improved water and sanitation services for 585,000 people


Expected results

2023 – 2030

  • 77 km of motorways built
  • 586 km of railway lines rehabilitated
  • 353 MW renewable energy generation capacity installed
  • Improved water and sanitation services for 2.1 million people

Support to Private Sector

WB EDIF

The Western Balkans Enterprise Development & Innovation Facility

  • €342m in financing for SMEs
  • 1,895 SMEs supported in Serbia
EFSE

European Fund for Southeast Europe

  • €1.4 billion in sub-loans since inception
  • 122,336 borrowers since inception
  • 66 projects supported since inception
GGF

Green for Growth Fund

  • €253.8 million sub-loan investments since inception
  • 849,268 MWh/year primary energy savings
  • 252,610 tCO2/year emissions reduction
REEP+

The Regional Energy Efficiency Programme

  • €12.4m in financing for residential sector (GEFF)
  • €8.3m in direct financing for private sector

Latest Serbia News

View All
Investing in Sustainable Business: A Profitable Venture
image

15-07-2024

Investing in Sustainable Business: A Profitable Venture

The Ecoloans programme has helped CEMPROM reduce costs and emissions, create jobs, and promote sustainable pr...

Learn more
Eco Industrial Parks Workshop
image

12-07-2024

Eco Industrial Parks Workshop

A workshop on Eco-Industrial Parks held in Kragujevac, Serbia, on June 14, 2024, promoted sustainable industri...

Learn more
EBRD and Banca Intesa Beograd sign financing package of €72 million
image

11-07-2024

EBRD and Banca Intesa Beograd sign financing package of €72 million

The Bank is also providing a €15 million loan under the SME Go Green Programme provided through WBIF

Learn more

Videos

Publications

View All
Economic and Investment Plan: Endorsed Flagship Investments 2020-2024
image

03-07-2024

Economic and Investment Plan: Endorsed Flagship Investments 2020-2024

Flagship investments under the Economic and Investment Plan for the Western Balkans, July 2024.

Learn more
WBIF Rail Corridor X
image

15-04-2024

WBIF Rail Corridor X

WBIF Rail Corridor X Factsheet (April 2024)

Learn more
WBIF Rail Route 10
image

15-04-2024

WBIF Rail Route 10

WBIF Rail Route 10 Factsheet (April 2024)

Learn more

Partner Financial Organisations

Western Balkans Partners