Expense in Bosnia and Herzegovina
Bosnia and Herzegovina: Expense was 35.3% in 2023. ▬ Flat
Expense in Bosnia and Herzegovina, 2005–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2023, expense in Bosnia and Herzegovina stood at 35.3%.
Compared with earlier readings it is up 5.6% on the previous year and down 5.5% over ten years.
Over the whole period, expense in Bosnia and Herzegovina peaked at 39.9% in 2014 and was at its lowest, 32.6%, in 2005.
That places Bosnia and Herzegovina 34th out of 157 countries with data for 2023, putting it in the top quarter.
Expense in Bosnia and Herzegovina, year by year
| Year | % of GDP | Change |
|---|---|---|
| 2005 | 32.6% | — |
| 2006 | 34.0% | +4.2% |
| 2007 | 36.1% | +6.1% |
| 2008 | 37.8% | +4.9% |
| 2009 | 39.8% | +5.3% |
| 2010 | 39.2% | -1.7% |
| 2011 | 38.1% | -2.7% |
| 2012 | 39.0% | +2.4% |
| 2013 | 37.4% | -4.3% |
| 2014 | 39.9% | +6.9% |
| 2015 | 36.5% | -8.7% |
| 2016 | 34.9% | -4.3% |
| 2017 | 33.9% | -2.9% |
| 2018 | 34.5% | +1.8% |
| 2019 | 34.1% | -1.3% |
| 2020 | 38.4% | +12.7% |
| 2021 | 34.9% | -9.1% |
| 2022 | 33.4% | -4.1% |
| 2023 | 35.3% | +5.6% |
Bosnia and Herzegovina compared with similar countries
- Bosnia and Herzegovina's 35.3% is above the median for upper middle income countries, which is 25.9%, 1.4× the median. (47 countries reporting)
- Bosnia and Herzegovina's 35.3% is above the median for Europe & Central Asia, which is 34.5%, 1.0× the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 36.1% | 32.6% | 39.8% | 5 |
| 2010s | 36.7% | 33.9% | 39.9% | 10 |
| 2020s | 35.5% | 33.4% | 38.4% | 4 |
Countries ranked near Bosnia and Herzegovina
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)
- Foreign direct investment, net outflows (BoP, current US$), gaps 190.64 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0058 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 60.71 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 716.58 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -28.63 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.022 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 228.2 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 2.32 % change on previous year (2024)
Frequently asked questions
- What is expense in Bosnia and Herzegovina?
- Expense in Bosnia and Herzegovina was 35.3% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest expense recorded in Bosnia and Herzegovina?
- The highest recorded value was 39.9% in 2014.
- What is the lowest expense recorded in Bosnia and Herzegovina?
- The lowest recorded value was 32.6% in 2005.
- How does Bosnia and Herzegovina rank for expense?
- Bosnia and Herzegovina ranks 34th out of 157 countries with data for 2023.
- Is expense rising or falling in Bosnia and Herzegovina?
- Over the last ten years it is down 5.5%. The long-run trend across the full record is flat.
- Where does this Bosnia and Herzegovina data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Expense (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Expense is a decrease in net worth resulting from a transaction. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.