Political system


Serbia gained formal independence from the Ottoman Empire at the Congress of Berlin in 1878. After WWI, Serbia co-founded Yugoslavia with other  South Slovenian countries (the Kingdom of Yugoslavia, the Socialist Federal Republic of Yugoslavia, and the Socialist Republic of Yugoslavia). Beginning of the XXI century, the State Union of Serbia and Montenegro was established, but shortly ended its existance in 2006. After Montenegro referendum for independence and following State Union dissolution, Serbia consequently renewed its independence and declared the current Constitution on 8 November 2006.

According to the Constitution, Republic of Serbia is a state of Serbian people and all citizens who live in it, based on the rule of law and social justice, principles of civil democracy, human and minority rights and freedoms, and commitment to European principles and values. Serbia is a democratic republic. Its political system is semi-presidentialism which strongly tends to parliamentarism. Government in Serbia is divided into legislative, executive and judiciary branches.

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The President of the Republic is the head of state elected at direct elections, by secret ballot. The President is elected by absolute majority vote through a two-round system. The mandate of the President of the Republic lasts for five years, and it is limited by the Constitution to a maximum of two terms. The President of the Republic represents the Republic of Serbia in the country and abroad, pronounces laws by decree, proposes the prime minister to the Serbian Parliament, appoints and recalls ambassadors of the Republic of Serbia, and performs other tasks regulated by the Constitution. The President of the Republic is in command of the military and appoints, promotes and recalls officers of the Army of Serbia.

The actual President of Serbia is Mr. Tomislav Nikolic.

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The National Assembly is the supreme representative body and the holder of constitutional and legislative power in the Republic of Serbia. The National Assembly is a unicameral legislative body. It is composed of 250 members who serve four-year terms. MPs are elected in the Republic of Serbia as one electoral unit, by use of proportional electoral system, by voting for election lists.

The National Assembly adopts and amends the Constitution, ratifies international contracts when the obligation of their ratification is stipulated by the Law, enacts laws and other general and special acts within its competence, adopts the budget and end-of-year balance, elects the Government, appoints and dismisses Constitutional Court judges and other officials, supervises the work of Governor of the National Bank of Serbia, Civic Defender (Ombudsman) and other authorities and bodies as stipulated by the Law. The National Assembly has its Speaker, Secretary General and Working Bodies.

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The Government is the holder of executive power in the Republic of Serbia. The Government is composed of the prime minister and cabinet ministers. A candidate for the Prime Minister shall be proposed to the National Assembly by the President of the Republic, after considering the opinions of representatives of elected election lists. The Prime Minister and the Government shall be elected if the majority of the total number of deputies votes for its election.The Prime Minister shall manage and direct the work of the Government, coordinate its political activities and represent the Government.

The Government pursue policy, execute laws and other general acts of the National Assembly, adopt regulations and other general acts for the purpose of law enforcement, propose to the National Assembly laws and other general acts, direct and adjust the work of public administration bodies and perform supervision of their work, and administer other affairs.

The actual Prime Minister of Serbia is Mr. Aleksandar Vucic.

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Serbia has a typical civil law legal system. The judicial power shall be unique on the territory of the Republic of Serbia and belong to courts of general and specialized jurisdiction. The courts of general jurisdiction are the Basic, High, Appellate Courts, and the Supreme Court of Cassation as the highest judicial institution in the country. The courts of specialized jurisdiction are the commercial courts, the Commercial Appellate Court, Misdemeanor Courts, the High Misdemeanor Court and the Administrative Court.



Serbian Progressive Party

SNS was created by separating of Serbian Radical Party in September 2008. It's first leader was Tomislav Nikolić. Then the...

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Social Democratic Party of Serbia

SDP was founded in 2009, her founder and leader is Rasim Ljajic. In 2014 parliament election won 10 seats in...

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New Serbia

It was created in 1997 separation of the SPO and its founder and current president  Velimir Ilic. Party supports the...

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Serbian Renewal Movement

SPO was established in 1990 after the split in SNO (Serbian National Reneval- first serbian national party). During the Balkan...

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Socialist Movement

PS was founded by Aleksandar Vulin in 2008. Vulin was leader a former official of the League of Communists -...

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Socialist Party of Serbia

Party was created after alliance with Leguue of Communist Serbia (Slobodan Milosevic was leader) and Socialist Alliance of the Working...

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Party of United Pensioners of Serbia

PUPS was founded by Jovan Krkobabić in 2005 th. In 2007 party started party started in parliament election in coalition...

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Unique Serbia

Established in the 15th February 2004 in Jagodina. The founder of the party Dragan Markovic, mayor of Jagodina. Since 2008...

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Democratic Party

Orginal Democratic Party was founded in 1919 th . Since Tito goverment leader of the DS was exile. Party was...

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Democratic Party of Serbia

Democratic Party of Serbia was created by  Vojislav Koštunica,Vladeta Janković,Đurđe Ninković,Draško Petrović,Mirko Petrovićand Vladan Batić. When they left the Democratic...

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New Democratic Party

New Democratic Party It was founded in 2007 and called Green Serbian.. In 2014 th expresident of Serbia Boris Tadić...

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League of Social Democrats of Vojvodina

League of Social Democrats of Vojvodina was founded 1990 in Novi Sad. They was opposed for Slobodan Milosovic goverment. Party organized...

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Together for Serbia

Together for Serbia was created after parliament election in 2012 by broken-off fraction in Democratic Party. In 2014 election ZZS was...

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Alliance of Vojvodima Humgarians

Alliance of Vojvodima Humgarians was established in 1994 in Subotica with the primary to represent Vojvodina Hungarians in political arena...

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Party of Democratic Action of Sandžak

Party of Democratic Action of Sandžak  was founded 26 July 1990th by Sulejman Ugljanin.. It represnts Bosnikak people in the...

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Party for Democratic Action

Party for Democratic Action was founded in 1990. It represent ethnic Albanian in Serbia.   Original name: Partia për veprim...

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Latest polls

50,5% SNS
11% SPS
5,9% DS
4,8% NDS (Boris Tadić)
3,1% SRS

Macroeconomic data

  • GDP Q/Q:
    • 2013 Q2: 0,4%
    • 2013 Q3: 3,8%
    • 2013 Q4: 3%
    • 2014 Q1: 0,1%
    • 2014 Q2: 1,1%
  • GDP/Capita:
    • 2011: 11,100 USD
    • 2012: 10,900 USD
    • 2013: 11,100 USD
  • Inflation Rate (Y/Y):
    • June/2014: 2.1%
    • July/2014: 1,3%
    • August/2014: 2,1%
    • September/2014: 1,5%
  • Budget deficit:
    • 2011: 10,5%
    • 2012: 5.7%
    • 2013: 4.9%
  • Public debt:
    • 2011: 48,2%
    • 2012: 60.2%
    • 2013: 63,8%
  • Unemployments (monthly):
    • June 2014: 20%
    • July 2014: 19.7%
    • August 2014: 19,3%
  • Export netto / GDP:
    • 2010: 36.4%
    • 2011: 36.5%
    • 2012: 40.2%
    • 2013: 44.7%


Key companies

Naftna Industrija Srbije (NIS)

Abbreviation: NIS Industry: energy, upstream, petrochemicals Headquarters: Novi Sad, Serbia. CEO: Kirill Kravchenko Share Holders: Gazprom Neft (56.15%) Government of Serbia...

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Elektroprivreda Srbije

Abbreviation: EPS Headquarters: Belgrade, Serbia CEO: Aleksandar Obradović Industry: Electricity generation and distribution, electricity retailing, mining. Share Holders: Government of Serbia...

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Fiat Automobili Srbija

Industry: Automobiles Headquarters: Kragujevac, Serbia CEO: Antonio Cesare Ferrara Share Holders: Fiat Group Automobiles (67%) Government of Serbia (33%) Revenue(2013):...

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Telekom Srbija

Headquarters: Belgrade, Serbia Industry: Fixed telephony, Mobile telephony, Broadband Internet, IT Services, IPTV CEO: Predrag Ćulibrk   Share Holders: Government...

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Delhaize Serbia

Headquarters: Belgrade, Serbia Industry: Discount stores, hypermarket, supercenter, supermarket, superstore, other specialty   CEO: John Kyritsis Share Holders: Delhaize Group...

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Industry: Distribution of natural gas   Headquarters: Novi Sad, Serbia CEO: Dušan Bajatović   Share Holders: Government of Serbia of 100%...

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Delta Holding

Industry: many sectors including agribusiness, retail, real estate development, food processing, wholesale distribution, automobiles, sports equipment and fashion. Headquarters: Belgrade, Serbia...

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Industry: It specializes in producing HDPE, LDPE and other petrochemical products Full legal name: Akcionarsko društvo za proizvodnju petrohemijskih proizvoda,...

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  1. Miodrag Kostic

In 1995 he created the ”MK Group”. The company operates in the confectionery industry, agriculture, industry and trade in agricultural products.  The “MK Group” has 35 companies in Serbia, Ukraine, Belarus and Russia. It employs more than 4,500 people. In February Kostic became the majority owner of AIK Bank.

  1. Miroslav Mišković

The owner of  the ”Delta Holding”. Engaged in agriculture and food production, retail sales, exports, imports, employs 8,000 people.

  1. Zoran Mitrovic and Mili Babovic

In 2001 he founded the  ”Victoria Group “.  It consists of ten companions including ‘Sojaprotein’ and ‘Viktorijaoil “. The company operates 40 foreign markets, including 80% of its exports go fo the EU.

  1. Miroslav Bogićević

The owner of  the ”Farmako”.  Concern Farmakom MB is a parent company comprising seven independent companies; it possesses 15 mines and operates in three economic areas: agriculture, metal industry, mining with the antimony, lead, zinc and nonmetal mines.

  1. Srdjan Knezevic

The owner of the “Prince Petroleum”.  The company was founded in 2003 for the transportation of petroleum products, and ten years later his company after NIS is the largest in the region.

  1. Goran Perčević

President and owner of the “Interkomerc”.In 2013 he has started bankruptcy proceedings for 240 million euros of debt. From October 2013 to fight with blockades account. Perčević has now formed a new company to be in business.

  1. Vuk Hamović

The owner of the “EFT Group”, which operates in 22 countries. The company was traded in 2002 to around seven million megawatt-hours, and ten years from 38 million megawatt-hours, with the largest market in Germany.

  1. Petar Matic

The owner of the business empire “MPC”, recognizable by building “Confluence” in Belgrade.

  1. Velibor Djurovic, Ivica Vukelic and Sasha Glušac

“Veletabak” was founded in 2002 by secession from “Pres Internationale,” the newspaper distribution company. They are shareholders 75% of the company “Autoritas investment”, which is a Croatian partner TDR from Rovinj. Have the highest net profit growth of all the Serbian “Forbes” list.

10. Petar Matijevic

Meat Industry “Matijevic” has a million dollar profits. Matijevic owns 11 agricultural firms, three restaurants, five trading, a publishing and recycling. It employs 1,250 people.