Currency | Bosnia and Herzegovina convertible mark (BAM) |
---|---|
Calendar year | |
Trade organisations | CEFTA, WTO (observer) |
Country group |
|
Statistics | |
Population | 3,219,415 (1 January 2021, est.)[3] |
GDP | |
GDP rank | |
GDP growth | |
GDP per capita | |
GDP per capita rank | |
GDP by sector |
|
−0.6% (2020 est.)[4] | |
Population below poverty line | 17.5% (2021)[6] |
35 out of 100 points (2023)[9] (101st) | |
Labour force | |
Unemployment | |
Average gross salary | 2,206 BAM / €1,125.90 / $1,208.95 (May 2024)[14] |
1,388 BAM / €708.90 / $775.20 (May 2024)[14] | |
Main industries | steel, coal, iron ore, lead, zinc, manganese, bauxite, vehicles, textiles, tobacco products, furniture, tanks, aircraft, domestic appliances, oil refining |
External | |
Exports | $8.9 billion (2022)[15] |
Export goods | electricity, car seats, iron structures, aluminium, furniture |
Main export partners |
(January, 2022)[16] |
Imports | $11.37 billion (2021)[15] |
Import goods | crude oil, automobiles, motor oil, coal, briquettes |
Main import partners | |
FDI stock | |
−$873 million (2017 est.)[18] | |
Gross external debt | $4.87 billion (30 June 2023)[19] |
Public finances | |
18.09% of GDP (30 June 2023)[20] | |
+2.1% (of GDP) (2017 est.)[18] | |
Revenues | 7.993 billion (2017 est.)[18] |
Expenses | 7.607 billion (2017 est.)[18] |
| |
$9.24 billion (June 30, 2024)[22] | |
All values, unless otherwise stated, are in US dollars. |
The economy of Bosnia and Herzegovina is a transitional, upper middle income economy.[18] Bosnia and Herzegovina declared independence from socialist Yugoslavia on 1 March 1992. The main trading partners are Germany, Italy, Austria, Turkey and other neighboring Balkan countries.