The Republic of Serbia is the second state worldwide regarding volume of raspberry production and the third one concerning area of raspberry plantations. Therefore, the goal of this paper is to analyze and predict raspberry production in the Republic of Serbia. The paper also aims to determine investments in establishment of raspberry plantations per hectare and total amount of these investments at national level. Appropriate mathematical and statistical methods were used to analyze and predict volume of raspberry production. There were also used adequate calculations of costs needed to establish one hectare of raspberry plantation. It has been determined that establishing costs per one hectare of raspberries are approximately 22,000 EUR. That means it is necessary to invest 35,000,000 EUR each year at national level to maintain areas used for raspberry production at the current level. It was also found that it is possible to expect a slight increase in the volume of raspberry production. Appropriate measures that can contribute to growth of raspberry production and investments in raspberries are proposed. Results of these measures would be increase in employment and faster development of rural areas.