Q:
A:
GDP in 2007 up 7.5%
Belgrade,
31 March 2008
The Serbian Statistics Office stated today that Serbia’s GDP rose 7.5% in 2007 when compared with the previous year.
GDP in the first quarter of the year rose 8.2%, in the second 7.6%, in the third 7.5% whereas the fourth quarter of the year saw a 6.9% increase compared with the same period in 2006.
By sectors, the largest growth in the fourth quarter was recorded in transportation (29.4%), financial transactions (21.9%), trade (18.9%) hotels and restaurants (7.3%), electrical power production (3.5%), processing industry (1.6%) and construction (1.2%).
Ore and stone mining saw a 3.2% decline in the fourth quarter of 2007.
By sectors, the largest growth in the fourth quarter was recorded in transportation (29.4%), financial transactions (21.9%), trade (18.9%) hotels and restaurants (7.3%), electrical power production (3.5%), processing industry (1.6%) and construction (1.2%).
Ore and stone mining saw a 3.2% decline in the fourth quarter of 2007.
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