Host city, Serbia · Nations League, Conference League

Belgrade

101Rank
€2.8m

Whole-event economic activation of fixtures hosted, season 2026–27 to date, 4 fixtures In progress

Football fixtures hosted in Belgrade have activated €2.8m in the city's real economy in the season 2026–27 to date, across 4 fixtures, ranking 101st among host cities assessed by Reputation League.

Season brief · 2026–27, through 5 Nov 2026

Belgrade: €2.8m From Football, 80% Above the Same Date of 2025–26

The 4 matches hosted in Belgrade in the 2026–27 season through 5 Nov 2026 generated €2.8 million for the city's real economy, according to Reputation League. Belgrade ranks 101st among European host cities assessed. At the same date of the 2025–26 season, the figure stood at €1.6 million: 80% more in 2026–27. Over the full 2025–26 season, football generated €7.7 million in Belgrade across 5 matches.

Hospitality accounted for €990,000, accommodation €910,000, transport €600,000 and retail €350,000. The matches drew 49,800 spectators, including 1,250 international visitors, and about 6,070 overnight stays.

Serbia's 2 home matches accounted for €1.7 million and FK Crvena zvezda's 2 for €1.1 million. The largest single match was Serbia–Netherlands (UEFA Nations League, 27 Sep 2026) at €1.2 million.

Season 2026–27, through 5 Nov 2026€2.8 million4 matches
Season 2025–26, same date€1.6 million
Season 2025–26, full season€7.7 million5 matches
International visitors, season to date1,250

Source: Reputation League, Economic Activation Platform (FEAF v3), season 2026–27 through 5 Nov 2026. Host cities, tourism bodies, clubs and the press may reuse this brief and its image, citing Reputation League as the source.

Latest signals

Versus average 2017–2025
−42%

Economic activation per fixture: €0.71m against an average of €1.2m

Last full season, 2025–26
€7.7m

Rank 85, 5 fixtures

Average 2017–2025
€7.4m

Per season, 7 seasons, COVID-affected seasons excluded

Analytics

Belgrade is running 34% behind its usual pace after 4 fixtures

Cumulative economic activation fixture by fixture, season in progress, against the 2016–2025 range (7 seasons, COVID-affected seasons excluded). A usual full season closes near €5.9m.

This season Usual pace (2016–2025 average) Range 2016–2025
€0€3m€5m€8m€10m€13m18fixtures€2.8musual €4.3mFixture 1: €0.47m this season · usual pace €1.7mFixture 2: €1.7m this season · usual pace €3.0mFixture 3: €2.3m this season · usual pace €4.0mFixture 4: €2.8m this season · usual pace €4.3m
Source: Reputation League, FEAF v3.
View data
FixtureThis seasonUsual pace
1€0.47m€1.7m
2€1.7m€3.0m
3€2.3m€4.0m
4€2.8m€4.3m

Belgrade is accommodation-led: 32% of economic activation, against 24% across all host cities

Share of real economy activation by sector, season 2026–27 to date.

AccommodationHospitalityTransportRetail
Belgrade
32%35%21%12%
All host cities
24%38%26%12%
Source: Reputation League, FEAF v3.
View data
SectorBelgradeAll host cities
Accommodation31.9%24.2%
Hospitality34.8%38.3%
Transport21.2%25.6%
Retail12.2%11.9%

Fixtures with the highest economic activation, 2026–27

  1. Serbia – NetherlandsNations League Belgrade, 27 Sep 2026€1.2m
  2. FK Crvena zvezda – F.C. KøbenhavnConference League Belgrade, 22 Oct 2026€0.63m
  3. FK Crvena zvezda – Inter Club d'EscaldesConference League Belgrade, 5 Nov 2026€0.49m

Full city report

Available on request to host cities, regional authorities and tourism bodies.

  • Fixture-level assessment (4 fixtures in 2026–27)
  • Breakdown by competition and by sector: accommodation, hospitality, transport, retail
  • Historical series since 2016 and peer benchmarking
  • Sources, inputs and confidence level for each figure
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