Serbia

Wikipedia Country Information

Serbia (, Serbian: Србија/Srbija, IPA: [sř̩bija]), officially the Republic of Serbia (Serbian: Република Србија/Republika Srbija), is a landlocked country situated at the crossroads of Central and Southeast Europe in the southern Pannonian Plain and the central Balkans. It borders Hungary to the north; Romania and Bulgaria to the east; Macedonia to the south; Croatia, Bosnia, Montenegro to the west and claims a border with Albania through the disputed territory of Kosovo. Serbia numbers around 7 million residents; its capital, Belgrade, ranks among the oldest and largest cities in Southeast Europe.
Following the Slavic migrations to the Balkans postdating the 6th century, Serbs established several states in the early Middle Ages. The Serbian Kingdom obtained recognition by Rome and the Byzantine Empire in 1217, reaching its peak in 1346 as a relatively short-lived Serbian Empire. By the mid-16th century, the entire modern-day Serbia was annexed by the Ottomans, at times interrupted by the Habsburg Empire, which started expanding towards Central Serbia from the end of the 17th century, while maintaining a foothold in modern-day Vojvodina. In the early 19th century, the Serbian Revolution established the nation-state as the region's first constitutional monarchy, which subsequently expanded its territory. Following disastrous casualties in World War I, and the subsequent unification of the former Habsburg crownland of Vojvodina (and other territories) with Serbia, the country co-founded Yugoslavia with other South Slavic peoples, which would exist in various political formations until the Yugoslav Wars of the 1990s. During the breakup of Yugoslavia, Serbia formed a union with Montenegro which dissolved peacefully in 2006, when Serbia reestablished its independence. In 2008 the parliament of the province of Kosovo unilaterally declared independence, with mixed responses from the international community.
Serbia is a member of numerous organizations such as the UN, CoE, OSCE, PfP, BSEC, and CEFTA. An EU membership candidate since 2012, Serbia has been negotiating its EU accession since January 2014. The country is acceding to the WTO and is a militarily neutral state. Serbia is an upper-middle income economy with a dominant service sector, followed by the industrial sector and agriculture. The country ranks high on the Human Development Index (66th), Social Progress Index (47th) as well as the Global Peace Index (56th).


Instruments ratified: 167 / 282
World Average Ratifications: 114 / 282
Ratification rate: 53.11%
World Average Rate: 41.25%
Weighted score: 59.37%
World Average Weighted Score: 41.25%
World rank: 39 / 194
Southern Europe rank: 8 / 14
Southern Europe Avg. Ratifications: 142 / 282
CONTRACTSInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Agency0/20.00%2.00%8Weak
Conflict of laws1/7 (14.29%)14.29%3.00%9Strong
E-commerce0/30.00%18.00%70Weak
Franchising0/10.00%0.00%1Average
Leasing/Factoring0/20.00%5.00%13Weak
Principles, trade usages and standards0/20.00%0.00%1Average
Procurement0/40.00%3.00%31Weak
Sale of Goods1/5 (20.00%)45.45%25.00%29Strong
Travel contracts0/10.00%3.00%7Weak
Total28.70%9.00%86Weak
 
CUSTOMSInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Customs Codification2/3 (66.67%)100.00%78.00%1Strong
Customs Cooperation2/6 (33.33%)40.00%26.00%48Strong
Exemption from Duties8/9 (88.89%)88.89%30.00%3Strong
Temporary Admission8/11 (72.73%)82.35%28.00%18Strong
Transit3/4 (75.00%)100.00%28.00%1Strong
Total2380.43%31.00%3Strong
 
DISPUTE RESOLUTIONInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Arbitration4/6 (66.67%)60.00%32.00%11Strong
Judicial cooperation5/5 (100.00%)100.00%36.00%1Strong
Recognition of foreign judgments0/20.00%2.00%6Weak
State court jurisdiction0/40.00%14.00%29Weak
State court procedure0/10.00%6.00%12Weak
State immunities 0/10.00%11.00%22Weak
Total962.00%29.00%27Strong
 
ENVIRONMENT AND PRODUCTSInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Air4/5 (80.00%)80.00%86.00%59Weak
Chemicals1/1 (100.00%)100.00%78.00%1Strong
Energy0/20.00%25.00%50Weak
Flora and fauna6/10 (60.00%)65.22%68.00%91Weak
Foodstuff2/2 (100.00%)100.00%79.00%1Strong
General1/1 (100.00%)100.00%95.00%1Weak
International watercourses0/10.00%18.00%36Weak
Maritime and Law of the Sea15/26 (57.69%)64.13%46.00%56Strong
Protected geographical areas 0/10.00%27.00%54Weak
Waste1/1 (100.00%)100.00%93.00%1Weak
Total3068.75%61.00%63Strong
 
FINANCE, PAYMENTS AND INSOLVENCYInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Assignment of receivables0/10.00%1.00%2Weak
Bankruptcy and insolvency1/1 (100.00%)100.00%21.00%1Strong
Bills of exchange and promissory notes0/40.00%8.00%43Weak
Cheques0/30.00%13.00%36Weak
Credit transfers0/10.00%0.00%1Average
International guarantees0/30.00%20.00%75Weak
Total112.20%12.00%85Weak
 
GOOD GOVERNANCE Inst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Corruption2/4 (50.00%)66.67%50.00%34Strong
Cultural Property2/4 (50.00%)50.00%54.00%61Weak
Drugs3/3 (100.00%)100.00%95.00%1Weak
Insider Trading0/10.00%4.00%9Weak
Organized crime2/2 (100.00%)100.00%80.00%1Strong
Total975.00%68.00%56Average
 
HUMAN RIGHTS AND LABOUR STANDARDSInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Human Rights6/7 (85.71%)85.71%96.00%143Weak
Labour Standards7/8 (87.50%)87.50%86.00%134Weak
Total1386.67%91.00%150Weak
 
INSTITUTIONAL PARTICIPATIONInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Dispute Resolution1/1 (100.00%)100.00%39.00%1Strong
International Trade Law 10/10 (100.00%)100.00%73.00%1Strong
Trade support institutions5/6 (83.33%)83.33%51.00%29Strong
Total1694.12%63.00%22Strong
 
INTELLECTUAL PROPERTYInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Broadcasting1/1 (100.00%)100.00%47.00%1Strong
Copyright3/3 (100.00%)100.00%65.00%1Strong
Industrial designs2/2 (100.00%)100.00%31.00%1Strong
Integrated circuits0/10.00%2.00%4Weak
Neighboring Rights3/3 (100.00%)100.00%46.00%1Strong
Origin2/3 (66.67%)66.67%14.00%7Strong
Patents5/5 (100.00%)100.00%57.00%1Strong
Trademarks6/6 (100.00%)100.00%33.00%1Strong
Varieties of plants1/1 (100.00%)100.00%37.00%1Strong
Total2395.79%42.00%3Strong
 
INVESTMENTSInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Investment disputes1/2 (50.00%)50.00%39.00%2Strong
Investment guaranty1/1 (100.00%)100.00%93.00%1Weak
Total266.67%57.00%2Strong
 
PRODUCTSInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Marine Resources0/10.00%24.00%48Weak
Timber0/10.00%31.00%61Weak
General1/1 (100.00%)100.00%92.00%1Weak
Total138.46%53.00%85Weak
 
TRANSPORT AND TELECOMMUNICATIONSInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Air transport5/7 (71.43%)90.48%59.00%4Strong
Aircrafts and civil aviation 6/9 (66.67%)88.00%74.00%37Strong
Maritime shipping and load lines 10/13 (76.92%)85.71%66.00%55Strong
Maritime transport6/12 (50.00%)41.67%27.00%30Strong
Multi modal transport 0/20.00%4.00%15Weak
Rail transport2/3 (66.67%)72.73%22.00%36Strong
Road transport3/4 (75.00%)83.33%31.00%35Strong
Space2/4 (50.00%)33.33%40.00%99Weak
Telecommunications2/2 (100.00%)100.00%47.00%1Strong
Total3675.68%50.00%20Strong
 
TREATIES LAWInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
General2/4 (50.00%)66.67%30.00%11Strong
Total266.67%30.00%11Strong
 
WTOInst. ratifiedCountry scoreWorld avg. scoreCountry rank in worldStrength
Plurilateral Agreements0/20.00%18.00%45Weak
WTO Agreements0/10.00%81.00%159Weak
Total00.00%47.00%159Weak
 
Strong
ContractsConflict of laws
ContractsSale of Goods
CustomsCustoms Codification
CustomsCustoms Cooperation
CustomsExemption from Duties
CustomsTemporary Admission
CustomsTransit
Dispute resolutionArbitration
Dispute resolutionJudicial cooperation
Environment and productsChemicals
Environment and productsFoodstuff
Environment and productsMaritime and Law of the Sea
Finance, payments and insolvencyBankruptcy and insolvency
Good Governance Corruption
Good Governance Organized crime
Institutional ParticipationDispute Resolution
Institutional ParticipationInternational Trade Law
Institutional ParticipationTrade support institutions
Intellectual propertyBroadcasting
Intellectual propertyCopyright
Intellectual propertyIndustrial designs
Intellectual propertyNeighboring Rights
Intellectual propertyOrigin
Intellectual propertyPatents
Intellectual propertyTrademarks
Intellectual propertyVarieties of plants
InvestmentsInvestment disputes
Transport and telecommunicationsAir transport
Transport and telecommunicationsAircrafts and civil aviation
Transport and telecommunicationsMaritime shipping and load lines
Transport and telecommunicationsMaritime transport
Transport and telecommunicationsRail transport
Transport and telecommunicationsRoad transport
Transport and telecommunicationsTelecommunications
Treaties lawGeneral
 
Average
ContractsFranchising
ContractsPrinciples, trade usages and standards
Finance, payments and insolvencyCredit transfers
 
Weak
ContractsAgency
ContractsE-commerce
ContractsLeasing/Factoring
ContractsProcurement
ContractsTravel contracts
Dispute resolutionRecognition of foreign judgments
Dispute resolutionState court jurisdiction
Dispute resolutionState court procedure
Dispute resolutionState immunities
Environment and productsAir
Environment and productsEnergy
Environment and productsFlora and fauna
Environment and productsGeneral
Environment and productsInternational watercourses
Environment and productsProtected geographical areas
Environment and productsWaste
Finance, payments and insolvencyAssignment of receivables
Finance, payments and insolvencyBills of exchange and promissory notes
Finance, payments and insolvencyCheques
Finance, payments and insolvencyInternational guarantees
Good Governance Cultural Property
Good Governance Drugs
Good Governance Insider Trading
Human Rights and Labour StandardsHuman rights
Human Rights and Labour StandardsLabour Standards
Intellectual propertyIntegrated circuits
InvestmentsInvestment guaranty
ProductsGeneral
ProductsMarine Resources
ProductsTimber
Transport and telecommunicationsMulti modal transport
Transport and telecommunicationsSpace
WTOPlurilateral Agreements
WTOWTO Agreements

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