Key Market Indicators
**Bosnian Music Revenue Stagnates, Expenditure to Rise by 2028** Bosnian music revenue is projected to remain flat at approximately €700,000 by 2028, holding steady from the same figure in 2023. Despite no expected change over this period, the Bosnian music market has seen consistent growth of 7% year on year since 2016. In contrast, Bosnian music expenditure is forecasted to increase, reaching around €718 million by 2028, up from €683 million in 2023. This marks an average annual growth rate of 0.8%. Historically, Bosnian demand for music has grown at a rate of 1.6% annually since 2005. In the 2023 ranking, Bosnia and Herzegovina stood at number 33, with Cyprus just ahead at €683 million. Leading the chart were Germany, France, and Italy, holding the second, third, and fourth positions respectively.
