Key Market Indicators
Bosnian vehicle registrations are projected to decline slightly to approximately 11,950 units by 2028, down from around 12,080 units in 2023. This represents an average annual decrease of 0.1%. Despite this minor downturn, the Bosnian vehicle market has seen steady growth over the past decade, increasing by an average of 1.4% annually since 2010. In the global rankings for 2023, Bosnia and Herzegovina stood at the 89th position, just behind Libya, which reported 12,080 vehicle registrations. Canada, China, and Austria secured the second, third, and fourth spots, respectively.
