Transfer of remittances from abroad represents one of the key pillars of macroeconomic stability of Serbia and reached USD 3.02 billion in 2006, which is almost half the value of total exports of Serbia over the same period. In the course of last year, two institutions engaged in a comprehensive analysis of the types, levels and frequency of such transfers.
The World Bank staff analysis focused on the transfer of remittances from Germany to Serbia while EBRD and the Government of Switzerland placed the emphasis on such transfers from Switzerland. The key findings of both studies are as follows: 1. Serbian diaspora is among the most numerous in each of the above countries.