4 GeoFroggy

Economy Overview

Bosnia and Herzegovina's top economic priorities are: acceleration of integration into the EU; strengthening the fiscal system; public administration reform; World Trade Organization membership; and securing economic growth by fostering a dynamic, competitive private sector.

Agriculture Products

wheat, corn, fruits, vegetables; livestock

Industries

steel, coal, iron ore, lead, zinc, manganese, bauxite, aluminum, motor vehicle assembly, textiles, tobacco products, wooden furniture, ammunition, domestic appliances, oil refining

Industrial Production Growth Rate

3.2% (2015 est.)

Labor Force

1.47 million (2015 est.)

Labor Force by Occupation

Agriculture: 19%

Industry: 30%

Services: 51% (2013)

Unemployment Rate

43.9% (2014 est.)

Population Below Poverty Line

17.2% (2011 est.)

Household Income or Consumption by Percentage Share

Lowest 10%: 2.7%

Highest 10%: 27.3% (2007)

Distribution of Family Income Gini Index

36.2 (2007)

Budget

Revenues: $7.606 billion

Expenditures: $7.933 billion (2015 est.)

Public Debt

44.8% of GDP (2014 est.)

Commercial Bank Prime Lending Rate

Stock of Narrow Money

$4.538 billion (31 December 2014 est.)

Stock of Broad Money

$10.72 billion (31 December 2014 est.)

Stock of Domestic Credit

$10.23 billion (31 December 2014 est.)

Market Value of Publicly Traded Shares

$NA

Reserves of Foreign Exchange and Gold

$4.858 billion (31 December 2014 est.)

Debt External

$10.59 billion (31 December 2014 est.)

Stock of Direct Foreign Investment at Home

$7.721 billion (2013 est.)

Stock of Direct Foreign Investment Abroad

$0 (2014)

Exchange Rates

1.407 (2011 est.)
Year

GDP Official Exchange Rate

  • $15.79 billion 2015 est.

Taxes and Other Revenues

  • 48.2% of GDP (2015 est.)

Budget Surplus or Deficit

  • -2.1% of GDP (2015 est.)

Fiscal Year

  • calendar year

GDP Purchasing Power Parity

    $39.01 billion (2013 est.)

GDP Real Growth Rate

    2.4% (2013 est.)

GDP Per Capital

    $10,100 (2013 est.)

Gross National Saving

    11.9% of GDP (2013 est.)

GDP Composition by end Use

  • Household consumption
    80.9%
  • Government consumption
    21.5%
  • Investment in fixed capital
    18.6%
  • Investment in inventories
    1.3%
  • Exports of goods and services
    32.8%
  • Imports of goods and services
    -55.1% (2014 est.)

GDP Composition by Sector of Origin

  • Agriculture
    7.9%
  • Industry
    26.5%
  • Services
    65.6% (2015 est.)

Inflation Rate Consumer Prices

    -0.9% (2014 est.)

Current Account Balance

    -$1.45 billion (2014 est.)

Exports

    $4.489 billion (2014 est.)

Exports Partners

  • Slovenia
    16.5%
  • Italy
    15.9%
  • Germany
    12.1%
  • Croatia
    11.5%
  • Austria
    11.1%
  • Turkey
    5.2%

Exports Commodities

    Metals, clothing, wood products

Imports

    $9.982 billion (2014 est.)

Imports Partners

  • Croatia
    19.3%
  • Germany
    13.9%
  • Slovenia
    13.8%
  • Italy
    10.9%
  • Austria
    5.7%
  • Hungary
    5.2%
  • Turkey
    4.5%

Imports Commodities

    Machinery and equipment, chemicals, fuels, foodstuffs