Serbia remains world leader in new jobs per capita for the second year in a row

Source: eKapija Thursday, 19.07.2018. 12:40
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For the second year in a row, the Republic of Serbia is the world leader in the number of new jobs created per capita through foreign direct investment (FDI) projects in 2017, according to the latest IBM Global Locations Trend 2018 report, as announced by the Development Agency of Serbia (DAS).

Also, based on the number of new jobs created through FDI in 2017, Serbia ranked 6th among European countries, and 15th among all countries in the world, it is added.

According to the report, manufacturing activities in Serbia generate about 80% of all jobs created from FDI, mostly in the textile, automotive, chemical and electronic industries. In addition, the entire region of the Western Balkans is experiencing continuous high level of interest from foreign investors.

The general trend in the world regarding FDI is the increase in the number of projects by 10%, mostly thanks to the greater participation of smaller projects. On the other hand, the total investment activity, observed through the number of new jobs, decreased by 5%, with stagnation in Europe and North America, growth of 10% in Africa, while in Asia, Latin America and the Middle East it decreased by 10-20%, the report says.


IBM Global Business Services has been analyzing investment activities worldwide for several years now, and by individual countries, with the focus on the number of newly created jobs.

The DAS also reminds that, according to the data of the National Bank of Serbia (NBS), since 2007, net financial liabilities based on investment in Serbia are over EUR 24.6 billion. For the entire year 2017 they amounted to EUR 2.5 billion, while for the first four months of 2018 the amount of EUR 917,000 was recorded. The largest number of investments are from the countries of Western Europe, but also from the Middle and Far East, USA, Asia.
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