Serbia, Belgrade Cost of Living April 2010

Country Full Name: Republic of Serbia.

Location: Serbia is in South Eastern Europe, between Macedonia and Hungary.

Country Climate: In the north, continental climate (cold winters and hot, humid summers with well distributed rainfall); in other parts, continental and Mediterranean climate (relatively cold winters with heavy snowfall and hot, dry summers and autumns).

Country Terrain: Extremely varied; to the north, rich fertile plains; to the east, limestone ranges and basins; to the southeast, ancient mountains and hills.

Major Languages: Serbian.

Major Religions: Christianity.

Country Population: 7.4 million (2008 est.) 7.4 million (2009 est.).

Country Economy: The economy of Serbia is based mostly on services, which account for about 63% of the GDP. The economy has a high unemployment rate of 14% and a unfavourable trade deficit.

Currency: Serbian Dinar (RSD).

Country Inflation: 11.7% (2008 est.) 9.9% (2009 est.).

City: Belgrade is the capital and largest city of Serbia.

City Economy: Belgrade is the central economic hub of Serbia, and the capital of Serbian education and science.
Cost of Living: Belgrade has an overall cost of living index which equates it with middle cost of living locations. The overall cost of living index is comprised of the prices for defined quantities of the same goods and services across all 13 Basket Groups. Belgrade is currently ranked 113 overall, most expensive place in the world for expatriates to live, out of 282 international locations.

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