BIH

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INTRODUCING

BIH

Official title:
Bosnia and Herzegovina

General information:
Population: 3,280,819 (July 2021 est.)
Total area: 51,197 km2
Administrative divisions: 2 first-order administrative divisions, which are the Bosniak/Croat Federation of Bosnia and Herzegovina (Federacija Bosne i Hercegovine) and the Bosnian Serb-led Republika Srpska, along with 1 internationally supervised district, the Brčko District (Brcko Distrikt). The district is a self-governing administrative unit under the sovereignty of Bosnia and Herzegovina and formally held in condominium between the two entities.
Capital: Sarajevo
Currency: Konvertibilna marka (convertible mark BAM)
National holiday: Independance day, 1st March (1992) and Statehood Day, 25th November (1943)
National languages: None (de jure); Bosnian, Croatian, Serbian (de facto)

Type of state:
Federal parliamentary republic

Diplomatic and consular representative: H.E. Mr Milorad Živković

Economy:

  • GDP (nominal): $ 23.37 billion (2021 est.)
  • GDP (nominal) per capita: $ 7,143.31 (2021 est.)
  • GDP (PPP): $37,966 billion (2015 est.)
  • GDP (PPP) per capita: $9,515(2015 est.)
  • GDP (official exchange rate): $20,078 billion (2019 est.)
  • GDP (real growth rate): 7,55% (2021 est.)


GDP per sector:

  • agriculture:6,8%
  • industry: 28,9%
  • services: 64,3% (2017 est.)


Agriculture products: maize, milk, vegetables, potatoes, wheat, plums/sloes, apples, barely, 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: electricity, seating, leater shoes, furniture, insulated wiring.

Main export partners:

  • Germany 14%
  • Italy 12%
  • Croatia 11%
  • Serbia 11%
  • Austria 9%
  • Slovenia 8% (2019 est.)


Trade – Import

Imported commodities: machinery and equipment, chemicals, fuels, foodstuffs.

Main import partners:

  • Croatia 15%
  • Serbia13%
  • Germany 10%
  • Italy 9%
  • Slovenia 7%
  • China 6% (2019 est.)

Sources:

European Commission – Directorate-General for Trade. 2015. EU, Trade in goods with Bosnia and Herzegovina. Available at:http://trade.ec.europa.eu  (February 9th 2016).

European Commission. 2015. Bosnia and Herzegovina – 2015 Report. Available at:  http://trade.ec.europa.eu  (February 9th 2016).

International Monetary Fund. 2015. World Economic Outlook: Bosnia and Herzegovina. Available at:  http://trade.ec.europa.eu (February 9th 2016).

World Trade Organization. 2015. Statistics Database: Bosnia and Herzegovina. Available at:  http://trade.ec.europa.eu (Feburary 9th 2016).