BELGRADE ECONOMY

With its central geographical location in Southeastern Europe and 2 million residents, Belgrade, the capital of Serbia, is a city teeming with potential that in coming years promises to become a vibrant breeding ground for contemporary life and culture. Belgrade is not only the seat of state authority, but is a long-time centre of trade, finance, industry, culture, science and education.

In terms of organization, Belgrade is comprised of 16 municipalities – 10 urban and 6 suburban – with the municipalities of Novi Beograd, Palilula and Stari Grad (Old Towne), accounting for the largest share of economic activity.
The economic potential of Belgrade is represented by more than 110.000 registered economic entities, or 32 percent of all registered entities in Serbia, of which 22.600 are enterprises (97% privately owned ) and 50.000 small shops.
Major economic indicators show that Belgrade’s economy is dominated by industry, trade, finance and other services, transport, telecommunication and construction.

Belgrade also has significant capacity in the industrial sector, domestic and international trade, and in the services sector. Belgrade’s influence on Serbia’s economic life is decisive, as it accounts for more than 30 percent of its social product and in the number of workers it employs. This is at the same time an advantage and an obligation to influence a faster rate of development and a higher standard of living.

SHARE OF BELGRADE ECONOMY
IN SERBIAN ECONOMY IN 2006.