Serbia is a sovereign state situated at the crossroads between Central and Southeast Europe. Serbia is landlocked and borders Hungary to the north, Romania to the east, Macedonia to the south, and Croatiato the west. The capital of Serbia, Belgrade, is one of the largest cities in Southeast Europe. As of a 2011 census, Serbia had a total population of 7.2 million. Serbia is a parliamentary republic. Serbia lies between latitudes 44° and 48° N, and longitudes 20° and 28° E. The country covers a total area of 77,474 km2. The lowest recorded temperature in Serbia was −39.5 °C (−39.1 °F) on 13 January 1985, and the highest was 44.9 °C or 112.8 °F, on 24 July 2007.
The official currency of Serbia is Serbian dinar (ISO code: RSD). Its current president is Tomislav Nikolic.
Serbia is a member of the UN, CoE, OSCE, PfP, BSEC, and CEFTA. It is also an official candidate for membership in the European Union, which is negotiating its EU accession, acceding country to the WTO and is a militarily neutral state. Serbia is an upper-middle income economy with dominant service sector, followed by the industrial sector and agriculture. It has a high Human Development Index, ranked 77th in the world in 2014 and a medium-high Global Peace Index, ranked 52nd.
Agriculture accounts for 7.9% of Serbia’s GDP and almost one fourth of the country’s total exports, with around 23.9% of the population working in the industry. Serbia is world’s second largest producer of plums (582,485 tons; second to China), second largest of raspberries (89,602 tons, second to Poland), it is also a significant producer of maize (6.48 million tons, ranked 32nd in the world) and wheat (2.07 million tons, ranked 35th in the world). Other important agricultural products are: sunflower, sugar beet, soybean, potato, apple, pork, beef, poultryand dairy.There are 56,000 ha of vineyards in Serbia, producing about 230 million litres of wine annually.Serbia is one of the largest providers of frozen fruit to the EU (largest to the French market, and 2nd largest to the German market).
Energy sector is one of the largest and most important to the country’s economy. Serbia’s mining industry is comparatively strong: country is world’s 18th largest producer of coal (7th in the Europe).Serbia’s proven reserves of 5.5 billion tons of coal lignite are 5th largest in the world (third in Europe).
It is also world’s 23rd largest (3rd in Europe) producer of copper, significant gold extraction is developed in the country.Serbia is net exporter of electricity and importer of key fuels (such as oil and gas).
Food industry is well known both regionally and internationally and is one of the strong points of the economy. Some of the international brand names established productions in Serbia are PepsiCo and Nestle in food-processing sector, Coca-Cola (Belgrade), Heineken (Novi Sad) and Carlsberg (Bačka Palanka) in beverage industry.