Serbia Crude Oil Production  Forecast


Crude Oil Production in Serbia is expected to be 18.60 BBL/D/1K by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Crude Oil Production in Serbia to stand at 18.11 in 12 months time. In the long-term, the Serbia Crude Oil Production is projected to trend around 17.15 BBL/D/1K in 2020, according to our econometric models.


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Serbia Trade Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Balance of Trade -408 -424 -434 -442 -450 -486
Exports 1400 1398 1381 1364 1349 1224
Imports 1807 1798 1775 1755 1736 1597
Current Account -138 -154 -174 -188 -200 -238
Current Account to GDP -4 -4.2 -3.8 -3.8 -3.8 -3.2
External Debt 26592 27131 27116 27082 27026 26198
Capital Flows -33 -134 -153 -164 -171 -184
Gold Reserves 18.96 18.1 17.78 17.77 17.6 16.29
Foreign Direct Investment 280 325 347 365 378 418
Crude Oil Production 19 18.6 18.43 18.26 18.11 17.15
Terrorism Index 0.09 0.87 1 1.13 1.26 2.02
Tourist Arrivals 136605 65400 64900 75900 81000 77200
Weapons Sales 29 6.42 9.53 12.64 15.75 11.91