FX.co ★ Serbia Building Permits Fall 3.9% in August

The number of building permits issued in Serbia decreased by 3.9% year-on-year to 2,443 in August 2026, reversing an 8.6% increase recorded in the previous month. Building construction accounted for 82.2% of all issued permits, with 84.5% of these intended for residential buildings and 15.5% for non-residential projects. The remaining 17.8% of permits were granted for civil engineering works, most of which (66.5%) related to pipelines, communication infrastructure, and electric power lines. In total, 3,771 dwellings were approved for construction, with 9.7% planned in single-dwelling buildings and 88.8% in buildings containing three or more dwellings. Newly initiated construction projects represented 79.9% of the total anticipated value of works. By region, the Belgrade area accounted for the largest share of planned construction, at 29.3%.