Bosnia and Herzegovina

Bosnia and Herzegovina : economy statistics and industry reports

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

Imports

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

Exports

$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.)

Population

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 Report Bosnia-Hercegovina February 2015

Country Report Bosnia-Hercegovina February 2015

  • $ 285
  • Country report
  • February 2015
  • by The Economist Intelligence Unit

Outlook for 2015-19 Political stability is set to remain precarious in the wake of presidential and parliamentary elections held in October 2014 across Bosnia and Hercegovina (BiH), which mostly confirmed ...

  • Countries : Bosnia and Herzegovina

SeeNews - Research & Profiles

Nova Banka a.d. Banja Luka  (Bosnia and Herzegovina) - Company Profile

Nova Banka a.d. Banja Luka (Bosnia and Herzegovina) - Company Profile

  • $ 64
  • Country report
  • January 2015
  • by SeeNews - Research & Profiles

Nova Banka a.d. is a Bosnian universal commercial bank. In 2013 it was the largest bank in Republika Srpska in terms of total assets. Last updated on Sept 29, 2014. Nova Banka a.d. Banja Luka (Bosnia ...

  • Countries : Bosnia and Herzegovina

Dun and Bradstreet (Altares)

D&B Country Insight Report: Bosnia & Herzegovina

D&B Country Insight Report: Bosnia & Herzegovina

  • $ 650
  • Country report
  • January 2015
  • by Dun and Bradstreet (Altares)

Report Summary If you are involved in cross-border business, developing relationships or identifying opportunities overseas, you are exposed to the risk associated with a country's overall political, economic ...

  • Countries : Bosnia and Herzegovina

ISA

Bosnia and Herzegovina - ISA Country Report

Bosnia and Herzegovina - ISA Country Report

  • $ 99
  • Country report
  • February 2015
  • by ISA

This report contains detailed forecasts and analysis for Bosnia and Herzegovina, including trade and investment analysis, economic forecasts, political risk assessments and demographic trend analysis. ...

  • 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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