Foreign exchange reserves excluding gold reached 11.1 USD bil in 2017 in Serbia, according to the National Statistical Office. This is 10.3 % more than in the previous year.
Historically, foreign exchange reserves excluding gold in Serbia reached an all time high of 14.9 USD bil in 2011 and an all time low of 0.154 USD bil in 1999. When compared to Serbia's main peers, foreign exchange reserves excluding gold in Bosnia and Herzegovina amounted to 6.35 USD bil, 18.8 USD bil in Croatia, 27.9 USD bil in Hungary and 40.1 USD bil in Romania in 2017.
Serbia has been ranked 62nd within the group of 151 countries we follow in terms of foreign exchange reserves excluding gold, 7 places behind the position seen 10 years ago.
FX reserves in a strict sense are "only" the foreign currency deposits and bonds held by central banks and monetary authorities.