Data at glance of Bosnia And Herzegovina - average on period

variable 1990-1999 2000-2007 2008-2009 2010-2019 2022 2023 2024 2025 2026
real gdp growth 22.45 5.41 -1.05 1.81 2.0 3.2 2.0 2.2 2.7
CPI % 2.4 2.86 0.85 0.43 6.1 1.7 4.0 4.5 2.9
Unemployment rate 40.63 29.88 25.65 23.42 13.2 12.6 12.6 12.6 12.6
Debt/GDP % 48.33 26.66 39.3 40.98 29.0 29.4 29.9 30.8 32.5
Current account balance/GDP % -7.43 -14.13 -6.2 -5.38 -2.1 -3.5 -3.2 -4.6 -4.4

Data derived from World Economic Outlook Database. To see main macroeconomic indicator in graphs click here

History

After four centuries of Ottoman rule over Bosnia and Herzegovina, Austria-Hungary took control in 1878 and held the region until 1918, when it was incorporated into the newly created Kingdom of Serbs, Croats, and Slovenes. After World War II, Bosnia and Herzegovina joined the Socialist Federal Republic of Yugoslavia (SFRY). Bosnia and Herzegovina declared sovereignty in October 1991 and independence from the SFRY on 3 March 1992 after a referendum boycotted by ethnic Serbs. Bosnian Serb militias, with the support of Serbia and Croatia, then tried to take control of territories they claimed as their own. From 1992 to 1995, ethnic cleansing campaigns killed thousands and displaced more than two million people. On 21 November 1995, in Dayton, Ohio, the warring parties initialed a peace agreement, and the final agreement was signed in Paris on 14 December 1995. The Dayton Accords retained Bosnia and Herzegovina's international boundaries and created a multiethnic and democratic government composed of two entities roughly equal in size: the predominantly Bosniak-Bosnian Croat Federation of Bosnia and Herzegovina and the predominantly Bosnian Serb-led Republika Srpska (RS). The Dayton Accords also established the Office of the High Representative to oversee the agreement's implementation. In 1996, the NATO-led Stabilization Force (SFOR) took over responsibility for enforcing the peace. In 2004, European Union peacekeeping troops (EUFOR) replaced SFOR. As of 2022, EUFOR deploys around 1,600 troops in Bosnia in a peacekeeping capacity. Bosnia and Herzegovina became an official candidate for EU membership in 2022.

Environment

Area: 51,197 sq km km2

Climate: hot summers and cold winters; areas of high elevation have short, cool summers and long, severe winters; mild, rainy winters along coast

Natural resources: coal, iron ore, antimony, bauxite, copper, lead, zinc, chromite, cobalt, manganese, nickel, clay, gypsum, salt, sand, timber, hydropower

Ethnic characteristics

Groups: Bosniak 50.1%, Serb 30.8%, Croat 15.4%, other 2.7%, not declared/no answer 1% (2013 est.)

Languages: Bosnian (official) 52.9%, Serbian (official) 30.8%, Croatian (official) 14.6%, other 1.6%, no answer 0.2% (2013 est.)

Religions: Muslim 50.7%, Orthodox 30.7%, Roman Catholic 15.2%, atheist 0.8%, agnostic 0.3%, other 1.2%, undeclared/no answer 1.1% (2013 est.)

Government

Capital: Sarajevo

Government type: parliamentary republic

Executive branch

Chief of state: Chairperson of the Presidency Zeljko KOMSIC (chairperson since 16 July 2025; presidency member since 20 November 2018 - Croat seat); Denis BECIROVIC (presidency member since 16 November 2022 - Bosniak seat); Zeljka CVIJANOVIC (presidency member since 16 November 2022 - Serb seat)

Head of government: Chairperson of the Council of Ministers Borjana KRISTO (since 25 January 2023)

Legislative branch

Description: Parliamentary Assembly (Skupstina) - bicameral

Economic Overview

import-dominated economy; remains consumption-heavy; lack of private sector investments and diversification; jointly addressing structural economic challenges; Chinese energy infrastructure investments; high unemployment; tourism industry impacted by COVID-19

Industries

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

GDP by sector: Agriculture: 4.3% (2024 est.), Industry: 22% (2024 est.), Services: 58% (2024 est.)

Trade

Export partners: Germany 15%, Croatia 14%, Serbia 12%, Austria 10%, Slovenia 9% (2023)

Export commodities: footwear, electricity, garments, plastic products, insulated wire (2023)

Import partners: Italy 13%, Germany 11%, Serbia 11%, China 9%, Croatia 8% (2023)

Import commodities: refined petroleum, cars, garments, plastic products, packaged medicine (2023)

Geography

Southeastern Europe, bordering the Adriatic Sea and Croatia

Defence

Military expenditure: 2024: 0.8% of GDP (2024 est.)

Information derived from worldfactbook.io (Lupon Media), open successor to the CIA World Factbook. Data sourced from World Bank, IMF, UN and other international organizations.