SERBIA

Serbia is a landlocked country in

South East Europe which covers
part of the Pannonian Plain and
Central and Western Balkan
Peninsula. It borders Hungary to
the north, Romania and Bulgaria
to the east, North Macedonia and
Kosovo to the south, and Croatia,
Bosnia and Herzegovina, and
Montenegro to the west.
Political Situation
The Politics of Serbia are defined by
a unitary parliamentary framework that is
defined by the Constitution of Serbia in
which the president, currently Aleksandar
Vučić, is the head of state while the prime
minister, currently Ana Brnabić, is the head
of government. Executive power is
exercised by the Serbian government and
the President of Serbia. Legislative
power is vested in the unicameral National
Assembly which is composed of 250
proportionally elected deputies.
The judiciary is independent and is headed
by the Supreme Court of Cassation, which
is also the highest court in Serbia.
Economy
• The economy of Serbia is a service-based upper middle income
economy in Central Europe, with the tertiary sector accounting for two-
thirds of total gross domestic product (GDP)
• The country's primary industrial exports are automobiles, base metals,
furniture, food processing, machinery, chemicals, sugar, tires, clothes, and
pharmaceuticals.[20] Trade plays a major role in Serbian economic output.
The main trading partners are Germany, Italy, Russia, China, and
neighbouring Balkan countries
Sociological Factors
• In Serbian culture, family is very important, and by “family,” Serbs often
include grandparents, uncles, aunts, and cousins. An average family usually
consists of the parents and two children, though there are many single-
parent families. The patriarchal tradition has left its traces, so it is also
common to see three generations living under one roof in perfect harmony.
Many children remain living with their parents until marriage, but it is also
the custom to take care of one’s parents when they get old. For many people
in Serbian culture, it is unthinkable to put parents in nursing homes.
Technological Aspects
• Technology exports are worth 1 billion euros ($1.2 billion) in Serbia,
putting it in the top three export sectors beside cars and
agriculture.As part of its strategy, Serbia is attracting foreign investors
with its low-wage status, as well as subsidies of up to 10,000 euros
per employee.Major companies including Microsoft, IBM and Intel
have either established development centers in Serbia or have
outsourced work to local firms, offering wages that are more than
three times higher than the country's monthly average take-home pay
of 420 euros.There were over 2,000 firms in Serbia's tech sector in
2021, according to an analysis published this year by the
government's Commission for Protection of Competition.
ENVIRONMENT
• Serbia has a continental climate with four distinct seasons.
• Autumn lasts longer than spring, with long intervals of sunshine and warmth.
• Winter is mild, with an average of 21 days below freezing.
• Spring is rather brief and rainy.
• Summer begins quickly.
• The average daily temperature in July is 34.2 degrees Celsius.
• The humidity level is 70% on average.
• The capital receives an average of 139 days of precipitation each year, including 27 days of snow.
• Its terrain is exceedingly varied: to the north, lush fertile plains; to the east, limestone ranges and
 basins; to the southeast, old mountains and hills; to the southwest, an extremely high shoreline 
with no islands off the coast.
•  Natural Resources: oil, gas, coal, iron ore, bauxite, copper, lead, zinc, antimony,
LEGAL