Bosnian, Serbian, Croatian, other 1.6, no answer 0.2
Economic Overview
Key economic indicators for Bosnia and Herzegovina
GDP:
$64.104 billion
GDP per Capita:
$20,100
GDP Growth:
2.21%
Inflation:
6.11%
Unemployment:
10.42%
Public Debt:
40.42% of GDP
Credit Rating:
B (2011)
Political System
Governance structure of Bosnia and Herzegovina
Government Type:
parliamentary republic
Head of State:
Chairperson of the Presidency Zeljka CVIJANOVIC (chairperson since 16 November 2024; presidency member since 16 November 2022 - Serb seat); Denis BECIROVIC (presidency member since 16 November 2022 - Bosniak seat); Zeljko KOMSIC (presidency member since 20 November 2018 - Croat seat)
Head of Government:
Chairperson of the Council of Ministers Borjana KRISTO (since 25 January 2023)
Judiciary:
Bosnia and Herzegovina (BiH) Constitutional Court (consists of 9 members); Court of BiH (consists of 44 national judges and 7 international judges organized into 3 divisions - Administrative, Appellate, and Criminal, which includes a War Crimes Chamber)
Administrative Divisions:
3 first-order administrative divisions - Brcko District (Brcko Distrikt) (ethnically mixed), Federation of Bosnia and Herzegovina (Federacija Bosne i Hercegovine) (predominantly Bosniak-Croat), Republika Srpska (predominantly Serb)
Major Political Parties
Not specified
International Relations
Global position and alliances
UN Member:
Yes
EU Member:
No
Diplomatic Presence:
2109 E Street NW, Washington, DC 20037
Major Alliances and Organizations
Economic Sectors & Trade
Detailed economic breakdown
Major Economic Sectors
Agriculture
4.7% (2023 est.)
Industry
23.8% (2023 est.)
Services
55.8% (2023 est.)note: figures may not total 100% due to non-allocated consumption not captured in sector-reported data
Trade Volume
Exports:
$12.126 billion
Imports:
$15.37 billion
Major Trading Partners
Germany 15
Croatia 14
Serbia 12
Austria 10
Slovenia 9
Economic Outlook
Bosnia and Herzegovina has a 2.21% GDP growth rate with 6.11% inflation. The economy is characterized by a strong agriculture sector.