Abstract
The paper presents a legislative and institutional framework of regional development in Serbia, as well as the analysis of regional disparities across different geography, elaborated through six selected indicators: population and population density (analyzed as a single indicator), Regional GDP, Employment, Unemployment, Business Demography and Budgetary Revenues per capita. Indicators are analyzed at the all three NUTS, as defined by the Law on Regional Development, and at the local level (cities and municipalities). In the analysis, the paper applies the unweighted Gini index of regional disparity that was used in calculating disparities within each observed indicator. The results are presented within the tables and figures that show changes of the Gini index across years of observation. The paper showed that highest regional disparities in Serbia are at the local and NUTS 3 level. Disparities at those two levels are stable across the years. Disparities at NUTS 1 and NUTS 2 levels are also high, yet lower than at the bellow territorial levels (NUTS 3 and the local level). However, disparity at these two levels grows much faster than at the NUTS 3 and local level.
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