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Publications and Research

Main Publications

Annual Report on Activities and Results

Annual Report on Activities and Results

In line with the provisions of the Law on the National Bank of Serbia (RS Official Gazette, No. 72/2003) the National Bank of Serbia is obliged to submit to the National Assembly of the Republic of Serbia no later than June 30, the report on its operations and work results.

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Monetary Policy Report

Monetary Policy Report

The National Bank of Serbia is required to submit to the Parliament its annual and semi-annual monetary policy reports, explaining all the factors that affected the implementation of monetary policy in the period under review. The annual report must be submitted by 30 June and the semi-annual by 30 September [...] 


Financial Stability Report

Annual Financial Stability Report

Pursuant to the Law on the National Bank of Serbia, the National Bank submits to the National Asembly the Annual Financial Stability Report by 30 June of the next year.

Pursuant to the Law on the National Bank of Serbia ("Official Gazette of the RS, No. 72/2003), the National Bank shall submit to the National Asembly annual report on conditions in the banking and the overall financial system of the country by 30 June of the next year.

Select year:

Inflation Report

Inflation Report

Inflation Report contains information on the current and expected inflation, analysis of underlying macroeconomic developments, explanation of the reasoning behind the decisions of the Executive Board and an assessment of the monetary policy efficiency as implemented during the previous quarter. Integral parts of this report are inflation projection for at least four quarters in advance, assumptions on which such projection is based and an analysis of the basic risks involved in achievement of target inflation. ... [...]


Statistical Bulletin

Statistical Bulletin

The Statistical Bulletin is a monthly publication of the National Bank of Serbia consisting of two main sections: graphic presentation of economic developments in the Republic of Serbia, which is accompanied by a short comment, and the statistical survey. The Statistical Bulletin comprises monetary statistics, and the external economic sector derived on the basis of data collected and processed in the National Bank of Serbia as well as the real and fiscal sectors, which have been derived mostly by using the data of the Republic Informatics and Statistical Office. ... [...]


Statistical Bulletin
02.02.2012. Statistical Bulletin - Decembar 2011
Statistical Bulletin
06.01.2012. Statistical Bulletin - November 2011
Statistical Bulletin
02.12.2011. Statistical Bulletin - October 2011
Report on Dinarisation of the Serbian Financial System
01.12.2011. Report on Dinarisation of the Serbian Financial System - September 2011
Vice Governor Markovic’s Speech
16.11.2011. Vice Governor Markovic’s Speech at the Presentation of the November 2011 Inflation Report
Related Topics...
Analysis of the Republic of Serbia’s Debt
Report on Dinarisation of the Serbian Financial System
Analysis of profitability of dinar and FX savings - October 2011
Analysis of profitability of dinar and FX savings - October 2010
Working Papers
The First Annual Conference of Young Serbian Economists
Special Publications - Fourth Annual SEEMHN Conference
Discontinued Publications