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

4.4% (2016 est.)

Labor Force

1.401 million (2016 est.)

Labor Force by Occupation

Agriculture: 19%

Industry: 30%

Services: 51% (2013)

Unemployment Rate

43.2% (2015 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: $7.329 billion

Expenditures: $7.464 billion (2016 est.)

Public Debt

44.7% of GDP (2015 est.)

Commercial Bank Prime Lending Rate

Stock of Narrow Money

$4.554 billion (31 December 2015 est.)

Stock of Broad Money

$10.38 billion (31 December 2015 est.)

Stock of Domestic Credit

$9.389 billion (31 December 2015 est.)

Market Value of Publicly Traded Shares

$NA

Reserves of Foreign Exchange and Gold

$4.791 billion (31 December 2015 est.)

Debt External

$12.89 billion (31 December 2015 est.)

Stock of Direct Foreign Investment at Home

$7.721 billion (2013 est.)

Stock of Direct Foreign Investment Abroad

$0 (2014)

Exchange Rates

1.52 (2012 est.)
Year

GDP Official Exchange Rate

  • $16.57 billion 2016 est.

Taxes and Other Revenues

  • 44.1% of GDP (2016 est.)

Budget Surplus or Deficit

  • -0.8% of GDP (2016 est.)

Fiscal Year

  • calendar year

GDP Purchasing Power Parity

    $39.09 billion (2014 est.)

GDP Real Growth Rate

    1.1% (2014 est.)

GDP Per Capital

    $10,300 (2014 est.)

Gross National Saving

    10.4% of GDP (2014 est.)

GDP Composition by end Use

  • Household consumption
    78.6%
  • Government consumption
    20%
  • Investment in fixed capital
    16.9%
  • Investment in inventories
    2.1%
  • Exports of goods and services
    34.6%
  • Imports of goods and services
    -52.1% (2016 est.)

GDP Composition by Sector of Origin

  • Agriculture
    7.8%
  • Industry
    26.8%
  • Services
    65.4% (2016 est.)

Inflation Rate Consumer Prices

    -1% (2015 est.)

Current Account Balance

    $-892.4 million (2015 est.)

Exports

    $3.95 billion (2015 est.)

Exports Partners

  • Germany
    16.6%
  • Italy
    12.7%
  • Croatia
    11%
  • Serbia
    9.2%
  • Slovenia
    9.1%
  • Austria
    8.2%
  • Turkey
    4.5%

Exports Commodities

    Metals, clothing, wood products

Imports

    $8.155 billion (2015 est.)

Imports Partners

  • Germany
    12.3%
  • Italy
    11.7%
  • Serbia
    11.2%
  • Croatia
    9.9%
  • China
    6.8%
  • Slovenia
    5%
  • Russia
    4.4%
  • Turkey
    4.3%

Imports Commodities

    Machinery and equipment, chemicals, fuels, foodstuffs