Insurance and financial services in Bosnia and Herzegovina
Bosnia and Herzegovina: Insurance and financial services was 0.4% in 2025. ◆ Volatile
Insurance and financial services in Bosnia and Herzegovina, 1998–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of service exports, BoP.
Analysis
The most recent figure for insurance and financial services in Bosnia and Herzegovina is 0.4%, measured in 2025.
The figure is down 1.4% on the previous year and up 6.8% over ten years.
Over the whole period, insurance and financial services in Bosnia and Herzegovina peaked at 3.8% in 2002 and was at its lowest, 0.2%, in 2021.
Bosnia and Herzegovina ranks 163rd of 190 countries on this measure, in the bottom quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Insurance and financial services in Bosnia and Herzegovina, year by year
| Year | % of service exports, BoP | Change |
|---|---|---|
| 1998 | 2.6% | — |
| 1999 | 2.7% | +3.1% |
| 2000 | 3.6% | +35.0% |
| 2001 | 3.5% | -3.3% |
| 2002 | 3.8% | +7.7% |
| 2003 | 3.5% | -7.1% |
| 2004 | 3.6% | +3.0% |
| 2005 | 2.9% | -19.2% |
| 2006 | 0.9% | -67.6% |
| 2007 | 0.2% | -76.9% |
| 2008 | 0.2% | +12.1% |
| 2009 | 0.2% | +2.0% |
| 2010 | 0.3% | +13.6% |
| 2011 | 0.3% | +5.0% |
| 2012 | 0.4% | +20.5% |
| 2013 | 0.3% | -12.2% |
| 2014 | 0.3% | -8.5% |
| 2015 | 0.4% | +25.3% |
| 2016 | 0.3% | -12.5% |
| 2017 | 0.3% | +2.3% |
| 2018 | 0.4% | +23.4% |
| 2019 | 0.4% | +10.1% |
| 2020 | 0.5% | +5.8% |
| 2021 | 0.2% | -67.3% |
| 2022 | 0.2% | +47.9% |
| 2023 | 0.2% | +7.4% |
| 2024 | 0.4% | +62.1% |
| 2025 | 0.4% | -1.4% |
Bosnia and Herzegovina compared with similar countries
- Bosnia and Herzegovina's 0.4% is below the median for upper middle income countries, which is 1.8%, 21% of the median. (53 countries reporting)
- Bosnia and Herzegovina's 0.4% is below the median for Europe & Central Asia, which is 3.5%, 11% of the median. (51 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 2.6% | 2.6% | 2.7% | 2 |
| 2000s | 2.3% | 0.2% | 3.8% | 10 |
| 2010s | 0.3% | 0.3% | 0.4% | 10 |
| 2020s | 0.3% | 0.2% | 0.5% | 6 |
Countries ranked near Bosnia and Herzegovina
- 160 Madagascar 0.5% compare
- 161 New Caledonia 0.5% compare
- 162 Democratic Republic of Congo 0.4% compare
- 164 Afghanistan 0.4% compare
- 165 Albania 0.3% compare
- 166 Cape Verde 0.3% 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)
- 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 insurance and financial services in Bosnia and Herzegovina?
- Insurance and financial services in Bosnia and Herzegovina was 0.4% in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest insurance and financial services recorded in Bosnia and Herzegovina?
- The highest recorded value was 3.8% in 2002.
- What is the lowest insurance and financial services recorded in Bosnia and Herzegovina?
- The lowest recorded value was 0.2% in 2021.
- How does Bosnia and Herzegovina rank for insurance and financial services?
- Bosnia and Herzegovina ranks 163rd out of 190 countries with data for 2025.
- Is insurance and financial services rising or falling in Bosnia and Herzegovina?
- Over the last ten years it is up 6.8%. The long-run trend across the full record is volatile.
- Where does this Bosnia and Herzegovina data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Insurance and financial services (% of service exports, BoP). Statizoid updates them automatically from the source API.
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About this data
Insurance and financial services cover various types of insurance provided to nonresidents by resident insurance enterprises and vice versa, and financial intermediary and auxiliary services (except those of insurance enterprises and pension funds) exchanged between residents and nonresidents. This indicator is expressed as a percentage of service exports which are services provided by residents to non-residents.