Key Market Indicators
The revenue from recreational activities in Serbia is projected to slightly decline to approximately €619 million by 2028, down from around €619 million in 2023. This reflects a stagnant year-on-year growth rate of 0%. Since the turn of the millennium, Serbia has experienced an average annual growth rate of 3.4% in this sector. In 2023, Serbia was ranked 22nd worldwide in terms of revenue from recreational activities. Croatia outpaced Serbia with a similar revenue figure of €619 million. Leading the global rankings were France, the United Kingdom, and Spain, occupying the second, third, and fourth positions respectively.
