Bosnia and Herzegovina: Economy

Economic Trivia

Foreign banks, primarily from Austria and Italy, control most of the banking sector in the country.

Trade Source: United Nations Comtrade
Note: Top 3 trade partners are calculated by imports + exports.

Top 3 Trade Partners: Croatia, Germany, and Italy
Top 3 Exported Goods: Furniture, Oil & Mineral Fuels, and Furniture

Top Industries Source: CIA World Factbook

Steel; Coal; Iron Ore; Lead

Gross Domestic Product (GDP) Source: The World Bank

GDP, PPP (current international) $37,880,956,912 (2014)
GDP Growth Rate (annual %) 1.246% (2014)
GDP Per Capita, PPP (current international) $9,923 (2014)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 109/193 (2014)

Economic Indicators Source: The World Bank

Inflation, consumer prices (annual %) -0.93% (2014)
External debt stocks, total (DOD, current US$) $11,077,506,000 (2013)
Total tax rate (% of commercial profits) 23.3% (2014)
Real Interest Rate (5 year average %) 4.987% (2014)
Manufacturing, value added (% of GDP) 13.469% (2014)
Current Account Balance (BoP, current US$) ($1,401,438,554) (2014)
Click on a row to display its 5-year graph on the right.

Labor and Employment Source: The World Bank

Labor Force, Total 1,490,472 (2013)
Employment in Agriculture (% of total employment) 20.5% (2012)
Employment in Industry (% of total employment) 30.3% (2012)
Employment in Services (% of total employment) 49% (2012)
Unemployment Rate 28.4% (2013)
Click on a row to display its 5-year graph on the right.
Imports of goods and services (current US$) $9,471,726,291 (2013)
Exports of goods and services (current US$) $5,706,129,930 (2013)
Total Merchandise Trade (% of GDP) 92.032% (2014)
FDI, net inflows (BoP, current US$) $560,919,550 (2014)
Commercial Service Exports (current US$) $1,787,407,037 (2014)
Click on a row to display its 5-year graph on the right.

How to interpret the graph: The purpose of this graph is to take a snapshot of a country’s economy in comparison to other economies. For example, Bosnia and Herzegovina’s Exports rank is higher than (please wait...) of the countries in the dataset. For Exports, FDI and GDP measures, a higher rank (closer to 100%) indicates a stronger economy. Conversely, for Unemployment and Inflation, a lower rank (closer to 0%) indicates a stronger economy.

Due to unavailable data the following indicators have been omitted:
  • Exports
  • FDI, net inflows
  • GDP Growth Rate
  • GDP Per Capita
  • Inflation
  • Unemployment

Glossary