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Bosnia & Herzegovina Tariff Rate

Bosnia & Herzegovina's tariff rate rose to 3.39% in 2022, up from 3.16% in 2021, according to World Bank. This represents an increase of 0.23% from the previous year. Bosnia & Herzegovina has tariff rate lower than the global median (3.39% vs median 5.90%). Compared with the median in Europe, Bosnia & Herzegovina is higher (3.39% vs regional median 1.95%) and ranks 5th out of 40 countries in Europe.

Yearly Historical Data (2001-2022)

(in %)
Year Tariff Rate (%)
2022 3.39%
2021 3.16%
2020 2.95%
2019 5.32%
2018 2.95%
2017 2.88%
2016 2.6%
2015 2.49%
2014 3.1%
2013 2.99%
2012 3.15%
2011 3.37%
2010 3.76%
2009 4.19%
2008 7.04%
2007 7.35%
2006 8.37%
2001 5.26%
Bosnia & Herzegovina Tariff Rate : Definition
Tariff Rate measures the simple average of the import taxes applied by Bosnia & Herzegovina on all products, expressed as a percentage.
Indicator Last Value Prior Value Period
Annual Exports $8.89B $9.23B 2024
Annual Imports $15.85B $15.35B 2024
Exports (% GDP) 42.82% 43.93% 2024
FDI Inflows (% GDP) 3.98% 3.75% 2024
Imports (% GDP) 57.15% 55.69% 2024
Net Trade (Goods & Services, BoP) -$4.06B -$3.24B 2024
Trade (% GDP) 99.97% 99.62% 2024