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 (2018): Germany, Italy, and Serbia
Top 3 Exported Goods (2018): Oil & Mineral Fuels, Furniture, and Wood

Top Industries Source: CIA World Factbook

Steel; Coal; Iron Ore; Lead

Gross Domestic Product (GDP) [1]

GDP, PPP (current international) $49,732,750,024 (2018)
GDP Growth Rate (annual %) 3.624% (2018)
GDP Per Capita, PPP (current international) $14,962 (2018)
Click on a row to display its 5-year graph on the right.

GDP Country Rank 112/196 (2018)

GDP Composition %

Note: GDP composition percentage may exceed 100. Manufacturing is included in the Industry figures and is also reported separately because it plays a critical role in many economies.

Economic Indicators [1]

Inflation, consumer prices (annual %) 0.563% (2019)
External debt stocks, total (DOD, current US$) $15,824,209,911 (2018)
Total tax rate (% of commercial profits) 23.7% (2019)
Real Interest Rate (5 year average %) 1.01% (2018)
Manufacturing, value added (% of GDP) 13.208% (2018)
Current Account Balance (BoP, current US$) ($750,578,394) (2018)
Click on a row to display its 5-year graph on the right.

Labor and Employment [1]

Labor Force, Total 1,306,483 (2019)
Employment in Agriculture (% of total employment) 15.383% (2019)
Employment in Industry (% of total employment) 32.264% (2019)
Employment in Services (% of total employment) 52.353% (2019)
Unemployment Rate 18.425% (2019)
Click on a row to display its 5-year graph on the right.

Trade [1]

Imports of goods and services (current US$) $11,246,468,920 (2018)
Exports of goods and services (current US$) $8,183,133,977 (2018)
Total Merchandise Trade (% of GDP) 93.305% (2018)
FDI, net inflows (BoP, current US$) $516,390,942 (2019)
Commercial Service Exports (current US$) $2,200,952,369 (2018)
Click on a row to display its 5-year graph on the right.

Economic Snapshot [1]

Note: Percentile ranks are calculated using the latest available data for all countries within the last 5 years.

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

Sources

  1. The World Bank