Europe
Serbia
EU Compliance · Geopolitical Risk · Sourcing Attractiveness
Why these scores
EU Compliance, by dimension
1 = lowest risk · methodology & sources
Geopolitical Risk, by dimension
1 = lowest risk · methodology & sources
Attractiveness, by dimension
9 = most attractive · methodology & sources
Analyst scores, last reviewed June 2026; each dimension's sources and cadence are on its methodology page.
Data layers
Serbia on the world stage
Total imports
$84.5bn
2024 annual
Total exports
$66.1bn
217 partners
#1 import source
China
4.5%
#1 export dest.
Bosnia Herzegovina
3.2%
2024 annual, UN Comtrade (HS TOTAL, all partners). Line colour: coverage (exports/imports per partner).
Electricity & grid
National sources · carbon from Ember
Industrial
85
EUR/MWh
Consumer
72
EUR/MWh, all-in
Grid carbon
673
gCO₂e/kWh
Renewables
34%
of generation
Wholesale 68 EUR/MWh · regulated market
Power market
● Take-or-pay / single-buyer lock-inMarket model
Single buyer (EPS dominant)
Direct PPA
Limited
grid access: limited
Reserve margin
–
Regulator
Independent
AERS (Energy Agency of the Republic of Serbia)
EU's second most coal-dependent power system after Poland. Ageing lignite fleet (Nikola Tesla A/B, Kostolac) faces rising CBAM exposure as Serbia aligns with the Energy Community Treaty. EPS (state utility) dominates…
Tracked infrastructure
4 gas plants
549 MW
18 coal plants
4.8 GW
6 wind farms
404 MW · 5 building
5 hydro plants
1.3 GW
1 steel plants
2,200 ktpa
7 coal mines
capacity n/a
Operating assets tracked by Global Energy Monitor (CC BY 4.0); counts are tracked facilities, not exhaustive totals. Energy overview →
Metal mining
Tagged mines
6
none in the merged layer
Acid-drainage prone
2
high water-risk ore class
Main commodities
Iron, Copper, Other mine
Mine-water verifiability
Partial
SEPA environmental monitoring + EEA cooperation
Water risk is inferred from the ore class, not site measurements. Global mines: full layer →
Demographics
UN World Population Prospects 2024 · medium variant
Median age
44.1
→ 48.4 by 2050
Fertility
1.5
below replacement
Working-age
63%
aged 15–64
Old-age dep.
36
→ 50.3 by 2050
Median age 1990–2050
Population 6.74M · peaks 2024
By 2050: -18% (5.53M)