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Bosnia and Herzegovina

Includes historical data for Bosnia and Herzegovina’s Gross Domestic Product growth, debt-to-GDP ratio and more, as well as information on trade, banking and financial sector leadership.

Economy Rich In Resources Faces Significant Challenges

Bosnia and Herzegovina is rich in natural resources, offering great potential in energy, metals, agriculture, timber and tourism. With competitive wages and a currency pegged to the euro, alongside its candidacy for EU membership and participation in various trade agreements, the former Yugoslav republic actively welcomes foreign investment.

However, this nation of about 3.5 million people faces significant challenges. A lack of transparency and complex legal and regulatory frameworks, coupled with insufficient public investments and limited export diversification, harm its investment environment. Additional weaknesses include a bloated public sector, a sizable informal economy, and a shortage of skilled labor.

Macroeconomy & Sovereign Data

Type of Government Parliamentary republic
Capital Sarajevo
Sovereign Ratings S&P: B+
Moody’s: B3
Fitch: Not rated
Total Population 3.5 million
Median Age 45.1
Adult Per Capita Income (PPP) 23,249.81
Total GDP (2023) 29.1 billion

Bosnia and Herzegovina GDP & Economic Overview

Most Recent Content

Banking & Finance

Trade & Investment

Total Exports USD 13.4 billion (2023)
Leading Exports Electricity
Insulated Wiring
Total Imports USD 10.2 billion (2022)
Leading Imports Refined Petroleum
Packaged Medicines
Source: World Integrated Trade Solution

Bosnia and Herzegovina Leading Companies

Bosna Bank International Financials
ASA Bank Financials
BH Telecom Telecommunications Services
BH Pošta Transportation & Logistics
EnergyInvest Utilities, Renewable Electricity
Neumarkt Consumer Discretionary, Broadline Retail
Bosnalijek Health Care, Pharmaceuticals

Major Trade Partners — Import

Italy 12%
Germany 12%
Serbia 11%
Croatia 9%
China 8%

Source: World Integrated Trade Solution

Major Trade Partners — Export

Germany 15%
Croatia 13%
Serbia 13%
Italy 11%
Austria 9%

Source: World Integrated Trade Solution

Data Sources:

IMF World Economic Outlook

UN World Population Prospects

World Inequality Report

S&P Global Ratings


Fitch Ratings

IMF Direction of Trade Statistics (DOTS)

UN Conference on Trade and Development (UNCTAD)

CIA The World Factbook

World Bank’s World Integrated Trade Solution

Forbes Global 2000