Serbia lacks USD 50 billion

Source: Tanjug Monday, 25.08.2014. 13:30
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Developing countries in the period 2002 until 2011 lost USD 5, 9 billion through illegal channels, according to the report of the Global Financial Integrity.

The report, "Illegal financial flows from developing countries 2002-2011", states that illegal capital outflow from these countries was rapidly increasing at an annual average rate of more than 10%.

Taking into account the GDP share percentage, Sub-Sahara countries, according to the report, suffered the greatest capital outflow, i.e. an average outflow of 5,7% GDP annually while at the global level the amount totaled average GDP of 4%.

When it comes to the highest illegal capital outflow, at the GFI list comprising 144 countries, China is the first – ranked since in the period 2002-2011 it lost USD 1, 08 billion.

Russia follows because it lost USD 880, 96 billion Mexico ranks the third with illegally exported capital totaling USD 461,86 billion.

When it comes to the amount of capital outflow value through illegal channels in the period 2002-2011, Serbia ranked at high position as 19th, with the amount of USD 49, 37 billion.

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