The greatest value increase in the real estate investments - Investments in IT and media exceeded EUR 1.2 billion

Achieved investments in total fixed assets in Serbia in 2022 are higher by 16.2% compared to the previous year, whereas investments in new fixed assets show a growth of 16.4%, the Statistical Office of the Republic of Serbia (RZS) has anounced.

When it comes to the value of investments in fixed assets, the greatest growth was recorded in the real estate sector - investments in 2022 were 74.1% higher compared to 2021. Namely, the total value of investments in fixed assets in 2022 is RSD 10.28 billion, whereas a year earlier it was RSD 5.9 billion.

Another sector in which an extremely high growth in the value of investments in fixed assets was recorded is "Information and communications" - in 2022 it achieved an increase of 70% compared to 2021, and the total value of those investments exceeded EUR 1.2 billion and amounted to RSD 143.86 billion.

It should be kept in mind that this sector, according to the Regulation on Classification of Activities, includes "production and distribution of information and cultural content" in the broadest sense.

This means that within "Information and communication" there are activities such as information technology, software publishing, film production, series production and sound recording, broadcasting and production of radio and TV programs, telecommunication activities and other information services, and even newspaper/book publishing.

High growth rates in the value of investments in fixed assets have also been recorded in the areas of health and social protection (increase of 46.7% compared to 2021), mining (growth of 38.7%), art, entertainment and recreation (32.3%) , as well as electricity supply (28.6%).

A decline in the value of investments in total fixed assets was recorded in several areas.

The "biggest" decline, of almost 35% compared to 2021, was recorded in the area of transport and storage, while investments in other service activities were about 3% less. Around 22 percent less funds have been invested in the finance and insurance sector, while investments in basic assets in agriculture were also lower by about nine percent.

Observed by regions, 56.6% of total investments were made in the Belgrade region, 21% in the Vojvodina region, 10.2% in the Sumadija and Western Serbia region and 12.2% in the Southern and Eastern Serbia region, the RZS announced.

Observed by activities, and according to the analysis of the Statistical Office, the highest participation in the total achieved investments in fixed assets was recorded in the sector of state administration and mandatory social insurance (22%), the processing industry sector (18.5%), the supply of electricity, gas and steam (11.1%), the information and communication sector (10%) and the mining sector (9.6%).

The largest percent of total payments for investments in fixed assets are made by the payments from own funds, which made up 73% of all payments, while the share of financial loans is 22.1%, and the rest of about five percent is made up of "other" and common funds.

Republički zavod za statistiku

RZS

investments in new fixed assets

investments in total fixed assets

real estate

Information and communications