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Tourism as a potential factor of economic development - A report from Serbia. 2017 http://ezaposleni.singidunum.ac.rs/rest/sciNaucniRezultati/oai/record/2/7936 http://www.tisc.rs/proceedings/index.php/hitmc/article/view/95 T. Gajić A. Vujko Tourism of Serbia is not on the expected and satisfactory level of development, because of the unfavorable political and economic situation that has befallen the country in the last years of the 20th century. It is believed that this economic activity will experience its expansion and its moving force will increase the determination of economic and commercial spheres. Starting from the assumption that tourism has a chance in the development of the whole economy in Serbia, the authors of the paper tried to point out the determination of the parameters on the current state of tourism development on the territory of Serbia in correlation with other branches of the economy. Also, the authors show the existing and potential positive effects, which reflects the development of the tourism industry, the main macro-economic segments. Based on the analyzed statistical data and other secondary documentation, authors will indicate the key issues, which are the main component of the slack development of this activity. article 2 128 144 978-86-89 Tourism in function of development of the republic of Serbia , Vrnjacka Banja