Serbia, forming the bulk of the country has a troubled history as a would-be regional power. Montenegro declared independence from Serbia in 2006, and recently the secession of Kosovo has raised tension within the whole region.
Halting progress towards EU membership following declaration of independence of Montenegro in 2006. Economic potential of Danube.
High unemployment. Tensions in the wake of Kosovo's declaration of independence.
| Population | 7,981,223 |
| Capital city | Belgrade |
| Currency | Dinar (Serbia); Euro (Montenegro) |
| World GNP Ranking | 68 |
| Unemployment | 16.75% |
| Inflation | 5.25% |
Source: Central Intelligence Agency; The World Factbook, March 2009