SEE 2020 Strategy Goals

Increase of GDP PPP per capita relative to the EU-27 average

Economic region 2010 2020
Albania 28.0 35.0
Bosnia and Herzegovina 30.0 35.0-40.0
Croatia 61.0 70.0
Kosovo* n/a n/a
Montenegro 41.0 48.0-52.0
Serbia 34.0 41.0
The Former Yugoslav
Republic of Macedonia
36.5 40.0-45.0
Entire SEE Region 38.4 45.9

Growth of Total Trade in Goods and Services (in EUR million)

Economic region 2010 2020
Albania 7,658 16,595
Bosnia and Herzegovina 10,579 24,122
Croatia 35,384 90,518
Kosovo* 505 573
Montenegro 3,078 6,789
Serbia 24,874 58,837
The Former Yugoslav
Republic of Macedonia
7,779 15,086
Entire SEE Region 89,884 212,520

Reduction of Trade Deficit / Improvement of Trade Balance

Economic region 2010 2020
Albania -21.0 -12.0
Bosnia and Herzegovina -20.8 -18.0
Croatia 0.0 0.0
Kosovo* -36.4 -33.4
Montenegro -28.4 -20.0
Serbia -17.0 -14.8
The Former Yugoslav
Republic of Macedonia
-19.0 -17.0
Entire SEE Region -14.1 -11.6

Growth of intra-regional trade in goods (in million EUR)

Economic region 2010 2020
Albania 436 1,526
Bosnia and Herzegovina 3,185 n/a
Croatia 3,645 12,000
Kosovo* n/a n/a
Montenegro 801 1,200
Serbia 3,202 12,003
The Former Yugoslav
Republic of Macedonia
1,238 3,500
Entire SEE Region 12,507 42,120

Growth of Overall FDI Inflows (in current EUR million)

Economic region 2010 2020
Albania 791 2,237
Bosnia and Herzegovina 220 470
Croatia 410 821
Kosovo* 355 569
Montenegro 541 610
Serbia 858 2,231
The Former Yugoslav
Republic of Macedonia
158 588
Entire SEE Region 3,334 7,527

Growth of GDP per Person Employed (in EUR)

Economic region 2010 2020
Albania 9,767 13,986
Bosnia and Herzegovina 14,911 20,875
Croatia 29,117 37,852
Kosovo* n/a n/a
Montenegro 14,823 n/a
Serbia 12,319 16,113
The Former Yugoslav
Republic of Macedonia
16,708 21,700
Entire SEE Region 18,371 24,462

Growth of enterprise creation (new businesses registered)

Economic region 2010 2020
Albania 2,045 2,500
Bosnia and Herzegovina 1,896 2,300
Croatia 7,800 9,300
Kosovo* 141 170
Montenegro 436 520
Serbia 9,715 11,660
The Former Yugoslav
Republic of Macedonia
8,074 9,700
Entire SEE Region 30,107 36,130

Growth of Exports of Goods and Services per capita (in EUR)

Economic region 2010 2020
Albania 1,113 2,966
Bosnia and Herzegovina 952 n/a
Croatia 4,008 8,002
Kosovo* 1,963 2,700-2,900
Montenegro 1,748 n/a
Serbia 1,381 3,648
The Former Yugoslav
Republic of Macedonia
1,547 3,094
Entire SEE Region 1,844 4,221

Growth of Overall Employment Rate (per cent of 15+)

Economic region 2010 2020
Albania 47 53
Bosnia and Herzegovina 33 33
Croatia 47 55
Kosovo* n/a n/a
Montenegro 40 60
Serbia 38 42
The Former Yugoslav
Republic of Macedonia
39 42-45
Entire SEE Region 40.2 45.2

Growth of Tertiary Educated Workforce

Economic region 2010 2020
Albania 216,558 260,000
Bosnia and Herzegovina 213,000 255,000
Croatia 504,800 605,000
Kosovo* n/a n/a
Montenegro 56,600 68,000
Serbia 546,291 655,000
The Former Yugoslav
Republic of Macedonia
169,791 204,000
Entire SEE Region 1,700,000 2,000,000

Increase Government Effectiveness (as measured by WBI indicator)

Economic region 2010 2020
Albania 2.20 2.70
Bosnia and Herzegovina 1.80 2.10
Croatia 3.10 3.70
Kosovo* 1.90 2.30
Montenegro 2.60 3.10
Serbia 2.40 2.90
The Former Yugoslav
Republic of Macedonia
2.30 2.80
Entire SEE Region 2.33 2.80

* This designation is without prejudice to positions on status, and is in line with UNSC 1244 and the ICJ Opinion on the Kosovo declaration of independence