This information is derived from the State Department's Office of Investment Affairs, Investment Climate Statement. Any questions on the ICS can be directed to EB-ICS-DL@state.gov
Last Published: 2/26/2018

Table 2: Key Macroeconomic Data, U.S. FDI in Host Country/Economy

 

Host Country Statistical Source*

USG or International Statistical Source

USG or International Source of Data:
BEA; IMF; Eurostat; UNCTAD, Other

Economic Data

Year

Amount

Year

Amount

 

Host Country Gross Domestic Product (GDP) ($M USD)

2016

$37,520

2015

$37,160

World Bank Group data

Foreign Direct Investment

Host Country Statistical Source**

USG or International Statistical Source

USG or International Source of Data:
BEA; IMF; Eurostat; UNCTAD, Other

U.S. FDI in partner country ($M USD, stock positions)

2016

$42

2015

$117

BEA data 

Host country’s FDI in the United States ($M USD, stock positions)

2015

$0

2015

$2

BEA data

Total inbound stock of FDI as % host GDP

2015

0.1%

2015

0.3%

N/A

* Source of GDP data: Ministry of Finance of the Republic of Serbia 

** Source of FDI data: National Bank of Serbia 

NBS data on FDI significantly differ from U.S. data. The NBS calculates FDI according to the country from which the investment arrives, rather than by the ownership of the investing company. Frequently, U.S. investments in Serbia are carried out through subsidiaries of U.S. companies located in another European country. If a U.S. company invests in Serbia through a Dutch subsidiary, for example, the NBS records the investment as coming from the Netherlands rather than from the United States.

Table 3: Sources and Destination of FDI

Direct Investment from/in Counterpart Economy Data

From Top Five Sources/To Top Five Destinations (US Dollars, Millions)

Inward Direct Investment 2015

Outward Direct Investment 2015

Total Inward

28,801

100%

Total Outward

2,876

100%

Netherlands

6,169

21%

BiH

752

26%

Austria

3,999

14%

Montenegro

640

22%

Cyprus

3,017

10%

Slovenia

380

13%

Russian Federation

1,700

6%

Russian Federation

134

5%

Germany

1,324

5%

Bulgaria

113

4%

"0" reflects amounts rounded to +/- USD 500,000.

Table 4: Sources of Portfolio Investment

There is no data available from the IMF’s Coordinated Portfolio Investment Survey regarding sources of Portfolio Investment in Serbia.

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