Economy ofBosnia and Herzegovina
Sarajevo Tram-Stop Banka 2011-10-28 (2).jpg
The Central Bank of Bosnia and Herzegovina
CurrencyBosnia and Herzegovina convertible mark (BAM)
Fiscal year
Calendar year
Trade organisations
CEFTA, WTO (observer)
Country group
  • Developing/Emerging
  • Upper-middle income economy
Statistics
PopulationDecrease 3,250,000 (1 January 2021, est.)
GDP
  • Increase $23.358 (nominal, 2022 est.)
  • Increase $60.679 billion (PPP, 2022 est.)
GDP rank
  • 111th (nominal, 2020)
  • 107th (PPP, 2020)
GDP growth
  • 3.7% (2018) 2.6% (2019e)
  • −4.3% (2020) 2.8% (2021f)
GDP per capita
  • Increase $9,925 (nominal, 2022 est.)
  • Increase $17,471 (PPP, 2022 est.)
GDP per capita rank
  • 87th (nominal, 2020)
  • 80th (PPP, 2020)
GDP by sector
  • agriculture: 6.8%
  • industry: 28.9%
  • services: 64.3%
  • (2017 est.)
Inflation (CPI)
−0.6% (2020 est.)
Population belowpoverty line
  • 17.5% (2021)
  • Positive decrease 33.8% youth unemployment (2019)
Human Development Index
  • Increase 0.780high(2020) (73rd)
  • 0.667mediumIHDI (2018)
Labour force
  • Decrease 1,226,600 (June 30th, 2019)
  • Increase 35.5% employment rate (April 2019)
Unemployment
  • 15.7% (October 2020)
  • Positive decrease 33.8% youth unemployment (2019)
Average gross salary
Increase 1.611 BAM / €827.00 / $935.85 (November 2021)
Average net salary
Increase 1,042 BAM / €534.90 / $605.32 (December 2021
Main industries
steel, coal, iron ore, lead, zinc, manganese, bauxite, vehicles, textiles, tobacco products, furniture, tanks, aircraft, domestic appliances, oil refining
Ease-of-doing-business rank
Decrease 90th (easy, 2020)
External
Exports$8.3 billion (2022
Export goods
car seats, electricity, processed wood, aluminum, furniture
Main export partners
  •  Germany 13.6%
  •  Italy 11.8%
  •  Croatia 11.3%
  •  Serbia 10.5%
  •  Austria 8.89%
  •  Slovenia 8.17%
  •  Montenegro 3.26%
  •  Turkey 2.73%
  •  France 2.56%
  •  Hungary 2.32% (2019)
Imports$11.37 billion (2021)
Import goods
crude oil, automobiles, motor oil, coal, briquettes
Main import partners
  •  Croatia 14.6%
  •  Serbia 13.4%
  •  Germany 9.63%
  •  Italy 8.69%
  •  Slovenia 7.47%
  •  China 5.57%
  •  Turkey 4.37%
  •  Austria 4.22%
  •  Hungary 3.5%
  •  Poland 2.68% (2019)
FDI stock
  • Increase $7.332 billion (31 December 2016 est.)
  • Steady Abroad: $0 (2014)
Current account
Decrease −$873 million (2017 est.)
Grossexternal debt
Negative increase$10.87 billion (31 December 2017 est.)
Public finances
Public debt
Positive decrease 39.5% of GDP (2017 est.)
Budget balance
+2.1% (of GDP) (2017 est.)
Revenues7.993 billion (2017 est.)
Expenses7.607 billion (2017 est.)
Credit rating
  • Standard & Poor's:
  • B+ (Domestic)
  • B+ (Foreign)
  • BB (T&C Assessment)
Foreign reserves
Increase $6.474 billion (31 December 2017 est.)
Main data source:CIA World Fact Book
All values, unless otherwise stated, are in US dollars.