Flag of ba

Bosnia & Herzegovina GDP Annual Growth Rate

Bosnia & Herzegovina's GDP annual growth rate rose to 2.48% in 2024, up from 1.99% in 2023, according to World Bank. This represents an increase of 0.49% from the previous year. Bosnia & Herzegovina has GDP annual growth rate lower than the global median (2.48% vs median 3.24%). Compared with the median in Europe, Bosnia & Herzegovina is higher (2.48% vs regional median 2.10%) and ranks 22nd out of 47 countries in Europe.

Bosnia & Herzegovina's real GDP rose to $21.19 billion in 2024, up from $20.68 billion in 2023.

Yearly Historical Data (1991-2024)

(in %)
Year GDP Annual Growth Rate (%)
2024 2.48%
2023 1.99%
2022 4.23%
2021 7.39%
2020 -3.02%
2019 2.89%
2018 3.83%
2017 3.24%
2016 3.24%
2015 4.31%
2014 1.15%
2013 2.35%
2012 -0.82%
2011 0.96%
2010 0.87%
2009 -3%
2008 5.44%
2007 5.86%
2006 5.41%
2005 3.9%
2004 6.33%
2003 3.87%
2002 5.03%
2001 2.42%
2000 5.41%
1999 9.52%
1998 16.62%
1997 36.64%
1996 54.2%
1995 15.97%
1994 11.13%
1993 -2.18%
1992 -6.44%
1991 -9.35%
Bosnia & Herzegovina GDP Annual Growth Rate : Definition
GDP Annual Growth Rate measures the yearly percentage change in Bosnia & Herzegovina's total economic output.
Indicator Last Value Prior Value Period
GDP $28.34B $27.59B 2024
GDP per Capita $6,698.04 $6,493.22 2024
GDP per Capita PPP $20,428.53 $19,803.85 2024
R&D Expenditure (% GDP) 0.19% 0.19% 2023
Real GDP $21.19B $20.68B 2024