Serbia and Montenegro

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.

Economic Strengths

Halting progress towards EU membership following declaration of independence of Montenegro in 2006. Economic potential of Danube.

Economic Weaknesses

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