Serbia is a landlocked country in Southeastern Europe, on the Balkan Peninsula. The country is bordered by Romania and Bulgaria on the east, Montenegro, Croatia in the West, Hungary in the North and Albania and Republic of Macedonia in the south. The present border of the country was established after the end of World War II, when Serbia became an independent state.
The Serbian culture is immensely influenced by the Orthodox Church. The country emerged from the Byzantine empires, and the influences are obvious in the stunning monasteries decked with splendid frescos and stained glass decors. The western artistic movements influenced the country to a great deal during the period from 15th to 19th century. Serbia features a vibrant music community primarily influenced by a type of neofolk music. Serbian rock groups are popular for injecting an unnatural sense of creativity into their music. The major distinguishing factor of the ethnic groups in Serbia is the language. The people follow austere orthodox Christianity and speak Serbian though in many variants. The Sandzak region is home to a large community of Muslims, called Bosniaks.
Serbian economic growth was stunted by the Kosovo war. However, the government has taken various stabilizing measures and set aggressive market reforms to boost the economy of the country. This resulted in a GDP improvement from 5.8% in 2006 to 6.3% in 2007.Serbia with an estimated GDP of $54.547 billion is considered an upper middle class economy by the world bank. Foreign direct Investment (FDI) is estimated around $2.5 billion as of October 2007.
