BOSNIA AND HERZEGOVINA

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INTRODUCING

BOSNIA AND HERZEGOVINA

Official title:
Bosnia and Herzegovina

General information:
Population: approximately 3.3–3.4 million
Total area: 51,197 km2
Administrative divisions: Two first-order administrative divisions – the Bosniak/Croat Federation of Bosnia and Herzegovina (Federacija Bosne i Hercegovine) and Republika Srpska – plus the self-governing Brčko District under condominium arrangement
Capital: Sarajevo
Currency: Bosnia and Herzegovina convertible mark (BAM)
National holiday: Independence Day, 1st March (1992); Statehood Day, 25th November (1943)
Addition: Independence Day and Statehood Day are not recognized in Republika Srpska. Independence Day and Statehood Day are not recognized in Republika Srpska.
National languages: Bosnian, Croatian, Serbian (de facto; no de jure official language)


Type of state:

Federal parliamentary republic with a complex consociational power-sharing system established by the Dayton Agreement.

Diplomatic and consular representative: H.E. Mr Dario Novalić

 

Economy:

  • GDP (nominal): $29.6 billion (2024 est.)
  • GDP (nominal) per capita: $8,055 (2024 est.)
  • GDP (PPP): $66.5 billion (2024 est.)
  • GDP (PPP) per capita: $20,170 (2024 est.)
  • GDP (official exchange rate): $26.0 billion (2024 est.)
  • GDP (real growth rate): 3.23% (2024 est.)

 

GDP per sector:

  • Agriculture 6.2%
  • Industry 28.5%
  • Services 65.3%

 

Agriculture products: maize, milk, vegetables, potatoes, wheat, plums/sloes, apples, barley, cabbages, poultry

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

 

Trade – Export
Exported commodities: insulated wiring, electrical energy, iron/steel structures, seating and automotive parts, furniture


Main export partners:

  • Croatia 16.1%,
  • Germany 15.3%,
  • Serbia 13.2%,
  • Austria 10.2%,
  • Italy 8.7%,
  • Slovenia 8.1% (2024 est.)

 

Trade – Import
Imported commodities: machinery and equipment, fuels and lubricants, chemical products, foodstuffs


Main import partners:

  • Italy ~12.9%,
  • Germany ~11.8%,
  • Serbia ~10.4%,
  • China ~9.6%,
  • Croatia ~7.5% (2024 est.)

Sources: