Agriculture is a very important economic sector in Serbia, as it accounts for some 9 percent of the total gross national income. In comparison, in the 27 EU countries the percentage of agricultural production lies below 3 percent of the gross national product. 

Serbia is highly exposed and vulnerable to natural hazards and ranks 87 on the world vulnerability list, with the highest score in the region. Mean damage, mainly to agricultural production caused by disasters, are estimated to reach USD 500 million per year. Floods are the main hydro-meteorological hazard in the country. River floods in the major river basins are caused by rainfall and/or intensive snow melt. Flood protection is the most important aspect of defence. However, long–term/multiannual investment reduction in the maintenance of facilities and riverbeds, has led to a reduction in the security and level of protection from the destructive water. Due to climate change, the frequency and intensity of flood is rising. Agriculture is one of the sectors that is most vulnerable to climate change, followed by energy, water management and air traffic.