Bosnia and Herzegovina

Bosnia and Herzegovina : economy statistics and industry reports

  • Updated on : 27 August 2012  Source : The World Factbook


$11.06 billion (2011 est.)
$9.23 billion (2010 est.)


$6.03 billion (2011 est.)
$4.937 billion (2010 est.)

Inflation rate (consumer prices)

3.7% (2011 est.)
2.1% (2010 est.)

Unemployment rate

43.3% (2011 est.)
43.1% (2010 est.)
note: official rate; actual rate may be larger

GDP - per capita (PPP)

$8,200 (2011 est.)
$8,100 (2010 est.)
$8,000 (2009 est.)
note: data are in 2011 US dollars

National product real growth rate

0.7% (2010 est.)
-3.2% (2009 est.)
5.7% (2008 est.)

Internet users

1.422 million (2009)

Telephones - mobile cellular

3.014 million (2009)

Population growth rate

-0.003% (2012 est.)


4,622,292 (July 2012 est.)

Historical background

Bosnia and Herzegovina's declaration of sovereignty in October 1991 was followed by a declaration of independence from the former Yugoslavia on 3 March 1992 after a referendum boycotted by ethnic Serbs.

The Bosnian Serbs - supported by neighboring Serbia and Montenegro - responded with armed resistance aimed at partitioning the republic along ethnic lines and joining Serb-held areas to form a "Greater Serbia.

" In March 1994, Bosniaks and Croats reduced the number of warring factions from three to two by signing an agreement creating a joint Bosniak/Croat Federation of Bosnia and Herzegovina.

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Bosnia and Herzegovina

Economic overview

The interethnic warfare in Bosnia and Herzegovina caused production to plummet by 80% from 1992 to 1995 and unemployment to soar.

With an uneasy peace in place, output recovered in 1996-99 at high percentage rates from a low base; but output growth slowed in 2000-02.

Part of the lag in output was made up during 2003-08, when GDP growth exceeded 5% per year.

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The Economist Intelligence Unit

Country Risk Service Bosnia-Hercegovina December 2013 Updater

Country Risk Service Bosnia-Hercegovina December 2013 Updater

  • $ 520
  • Country report
  • December 2013
  • by The Economist Intelligence Unit

OVERVIEW Political stability in Bosnia and Hercegovina (BiH) is set to remain precarious, highlighted by a fresh crisis in the central government, after the break-up of an alliance between the two main ...

  • Countries : Bosnia and Herzegovina

Oxford Economics

Country Economic Forecasts > Bosnia And Herzegovina

Country Economic Forecasts > Bosnia And Herzegovina

  • $ 185
  • Country report
  • October 2014
  • by Oxford Economics

The October general election has done little to change the outlook, with GDP growth seen rising from just 0.5% this year, the result of severe flood damage in Q2, to 2.8% in 2015 and then 3.5-4% in 2016-17. ...

  • Countries : Bosnia and Herzegovina

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