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Bosnia & Herzegovina Real GDP

Bosnia & Herzegovina's real GDP rose to $21.19 billion in 2024, up from $20.68 billion in 2023, according to World Bank. This represents an increase of 2.5% ($512.91 million) from the previous year and accounts for 0.02% of the world's total real GDP. Bosnia & Herzegovina has real GDP lower than the global median ($21.19 billion vs median $29.34 billion). Compared with the median in Europe, Bosnia & Herzegovina is lower ($21.19 billion vs regional median $78.54 billion) and ranks 36th out of 47 countries in Europe.

Bosnia & Herzegovina's GDP per capita rose to $6,698.04 in 2024, up from $6,493.22 in 2023.

Yearly Historical Data (1990-2024)

(in Billion USD)
Year Real GDP (Billion USD)
2024 21.19
2023 20.68
2022 20.28
2021 19.45
2020 18.12
2019 18.68
2018 18.15
2017 17.49
2016 16.94
2015 16.4
2014 15.73
2013 15.55
2012 15.19
2011 15.32
2010 15.17
2009 15.04
2008 15.51
2007 14.7
2006 13.89
2005 13.18
2004 12.68
2003 11.93
2002 11.48
2001 10.94
2000 10.68
1999 10.13
1998 9.25
1997 7.93
1996 5.8
1995 3.76
1994 3.25
1993 2.92
1992 2.99
1991 3.19
1990 3.52
Bosnia & Herzegovina Real GDP : Definition
Real GDP is defined as the value of all goods and services produced in Bosnia & Herzegovina, measured in US dollars adjusted to 2015 prices. By fixing prices to a base year, it removes the effect of inflation, so this represents real GDP rather than nominal GDP.
Indicator Last Value Prior Value Period
GDP $28.34B $27.59B 2024
GDP Annual Growth Rate 2.48% 1.99% 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