According to official statistics of the Ministry of Construction, Transport and Infrastructure, the value of construction put in place in Serbia increased by 39.9 percent in the third quarter of this year compared to the same period last year.
It was pointed out that this is the highest growth rate of construction in one quarter since 2010.
The upward trend in construction, as the sector that contributed most to the growth of gross domestic product (GDP) in 2018, continued throughout 2019, and in the first three quarters the average growth rate of 25.8 percent of executed works was achieved!
The ministry expects the result achieved to increase construction’s share of Serbia’s GDP at the end of the year.
This is just another indication that Serbia is constantly evolving. Serbia offers very affordable prices for residential and non-residential buildings. Because of its beauty, Belgrade is a favorable capital for both business and family.
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