Annual GDP growth in Bosnia and Herzegovina
Bosnia and Herzegovina: Annual GDP growth was 3.0% in 2024. ◆ Volatile
Latest (2024)
3.0%
Change on year
up 49.2%
World rank
116th
of 212 countries
All-time high
7.4%
in 2021
All-time low
-3.0%
in 2020
Years of data
25
2000–2024
Annual GDP growth in Bosnia and Herzegovina, 2000–2024
Source: World Bank – processed by Our World in Data. Measured in %.
Analysis
Bosnia and Herzegovina recorded 3.0% for annual gdp growth in 2024.
The figure is up 49.2% on the previous year and up 158.3% over ten years.
Over the whole period, annual gdp growth in Bosnia and Herzegovina peaked at 7.4% in 2021 and was at its lowest, -3.0%, in 2020.
Bosnia and Herzegovina ranks 116th of 212 countries on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Annual GDP growth in Bosnia and Herzegovina, year by year
| Year | % | Change |
|---|---|---|
| 2000 | 5.4% | — |
| 2001 | 2.4% | -55.3% |
| 2002 | 5.0% | +107.9% |
| 2003 | 3.9% | -23.1% |
| 2004 | 6.3% | +63.6% |
| 2005 | 3.9% | -38.4% |
| 2006 | 5.4% | +38.7% |
| 2007 | 5.9% | +8.3% |
| 2008 | 5.4% | -7.2% |
| 2009 | -3.0% | -155.1% |
| 2010 | 0.9% | -129.0% |
| 2011 | 1.0% | +10.3% |
| 2012 | -0.8% | -185.4% |
| 2013 | 2.4% | -386.6% |
| 2014 | 1.1% | -51.1% |
| 2015 | 4.3% | +272.2% |
| 2016 | 3.2% | -24.3% |
| 2017 | 3.2% | +0.0% |
| 2018 | 3.8% | +18.2% |
| 2019 | 2.9% | -24.5% |
| 2020 | -3.0% | -204.5% |
| 2021 | 7.4% | -344.7% |
| 2022 | 4.2% | -42.8% |
| 2023 | 2.0% | -53.0% |
| 2024 | 3.0% | +49.2% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 4.1% | -3.0% | 6.3% | 10 |
| 2010s | 2.2% | -0.8% | 4.3% | 10 |
| 2020s | 2.7% | -3.0% | 7.4% | 5 |
Countries ranked near Bosnia and Herzegovina
- 113 Sint Maarten (Dutch part) 3.0% compare
- 113 Solomon Islands 3.0% compare
- 115 North Macedonia 3.0% compare
- 116 Eswatini 3.0% compare
- 118 Ukraine 2.9% compare
- 119 Lesotho 2.9% compare
More economy & growth data for Bosnia and Herzegovina
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.47 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3 Percent per annum (2029)
- Imports of goods and services (constant 2015 US$), annual growth rate 5.26 % change on previous year (2025)
- Imports of goods and services (constant 2015 US$), per unit of GDP 0.3925 constant 2015 US$ per US$ of GDP (2025)
- Imports of goods and services (constant 2015 US$), per capita 4,075 constant 2015 US$ per person (2025)
- External balance on goods and services (current US$), annual growth -7.69 % change on previous year (2025)
- External balance on goods and services (current LCU), annual growth -3.35 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), annual 1.93 % change on previous year (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 0.0756 current LCU per US$ of GDP (2025)
- Agriculture, forestry, and fishing, value added (current LCU), per 784.46 current LCU per person (2025)
Frequently asked questions
- What is annual gdp growth in Bosnia and Herzegovina?
- Annual gdp growth in Bosnia and Herzegovina was 3.0% in 2024, according to World Bank – processed by Our World in Data.
- What is the highest annual gdp growth recorded in Bosnia and Herzegovina?
- The highest recorded value was 7.4% in 2021.
- What is the lowest annual gdp growth recorded in Bosnia and Herzegovina?
- The lowest recorded value was -3.0% in 2020.
- How does Bosnia and Herzegovina rank for annual gdp growth?
- Bosnia and Herzegovina ranks 116th out of 212 countries with data for 2024.
- Is annual gdp growth rising or falling in Bosnia and Herzegovina?
- Over the last ten years it is up 158.3%. The long-run trend across the full record is volatile.
- Where does this Bosnia and Herzegovina data come from?
- The figures come from World Bank – processed by Our World in Data, published as part of Annual GDP growth. Statizoid updates them automatically from the source API.
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About this data
Annual GDP growth (%).