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For entrepreneurs in Serbia, the gray economy has stagnated or declined in the last five years despite the crises

07/29/2022   •   Customer news
For entrepreneurs in Serbia, the gray economy has stagnated or declined in the last five years despite the crises
Although two pandemic years are behind us and there are again disruptions in the global market due to war conflicts, the long period in which it is realistic to expect the economy to flee to the gray zone in an attempt to survive did not affect the attitudes of domestic entrepreneurs, who mostly believe that the gray economy in Serbia has remained at the same level or even falling in the last five years. 

This was shown by the latest survey of the economy's perception of the gray economy, conducted within the framework of The National Cashless Payment Initiative. As many as 60% of entrepreneurs estimate that business conditions are good, which is almost half more than five years ago. Nevertheless, NALED Scientific Council member Goran Pitić calls for caution, bearing in mind the strong inflation growth and the negative effects that the increase of all prices has on the growth of the gray zone.

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