Real gdp growth in Bosnia and Herzegovina
Bosnia and Herzegovina: Real gdp growth was 3.23 in 2024. ◆ Volatile
Real gdp growth in Bosnia and Herzegovina, 1995–2024
Source: Our World in Data.
Analysis
In 2024, real gdp growth in Bosnia and Herzegovina stood at 3.23.
Compared with earlier readings it is up 61.8% on the previous year and up 179.6% over ten years.
Over the whole period, real gdp growth in Bosnia and Herzegovina peaked at 62.18 in 1996 and was at its lowest, -3.02, in 2020.
That places Bosnia and Herzegovina 110th out of 196 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Real gdp growth in Bosnia and Herzegovina, year by year
| Year | Value | Change |
|---|---|---|
| 1995 | 20.7 | — |
| 1996 | 62.18 | +200.4% |
| 1997 | 22.85 | -63.2% |
| 1998 | 13.81 | -39.6% |
| 1999 | 10.75 | -22.2% |
| 2000 | 4.44 | -58.7% |
| 2001 | 7.54 | +69.7% |
| 2002 | 5.03 | -33.3% |
| 2003 | 3.87 | -23.1% |
| 2004 | 6.33 | +63.6% |
| 2005 | 3.9 | -38.4% |
| 2006 | 5.41 | +38.9% |
| 2007 | 5.86 | +8.2% |
| 2008 | 5.44 | -7.1% |
| 2009 | -3 | -155.2% |
| 2010 | 0.866 | -128.8% |
| 2011 | 0.96 | +10.9% |
| 2012 | -0.822 | -185.6% |
| 2013 | 2.35 | -385.9% |
| 2014 | 1.15 | -50.9% |
| 2015 | 4.28 | +271.2% |
| 2016 | 3.24 | -24.3% |
| 2017 | 3.24 | +0.1% |
| 2018 | 3.83 | +18.0% |
| 2019 | 2.89 | -24.6% |
| 2020 | -3.02 | -204.5% |
| 2021 | 7.39 | -345.2% |
| 2022 | 4.23 | -42.8% |
| 2023 | 1.99 | -52.8% |
| 2024 | 3.23 | +61.8% |
Bosnia and Herzegovina compared with similar countries
- Bosnia and Herzegovina's 3.23 is below the median for upper middle income countries, which is 3.49, 93% of the median. (57 countries reporting)
- Bosnia and Herzegovina's 3.23 is above the median for Europe & Central Asia, which is 2.55, 1.3× the median. (51 countries reporting)
Biggest year-on-year movements
Years where Real gdp growth in Bosnia and Herzegovina changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 2013 | +385.9% | -0.822 | 2.35 |
| 2021 | +345.2% | -3.02 | 7.39 |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 26.06 | 10.75 | 62.18 | 5 |
| 2000s | 4.48 | -3 | 7.54 | 10 |
| 2010s | 2.2 | -0.822 | 4.28 | 10 |
| 2020s | 2.77 | -3.02 | 7.39 | 5 |
Countries ranked near Bosnia and Herzegovina
- 107 Comoros, Union of the 3.34 compare
- 108 Uruguay 3.33 compare
- 109 Ukraine 3.25 compare
- 110 Puerto Rico 3.23 compare
- 112 Croatia, Republic of 3.15 compare
- 113 Bulgaria 3.1 compare
More economy & growth data for Bosnia and Herzegovina
- Real gdp growth, annual growth rate 61.84 % change on previous year (2024)
- 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)
- SDRs holdings, US dollar, annual growth rate 50.87 % change on previous year (2025)
- SDRs holdings, US dollar, per unit of GDP 0.0001 units per US$ of GDP (2025)
- SDRs holdings, US dollar, per capita 1.21 units per person (2025)
- SDRs holdings, SDR, annual growth rate 43.67 % change on previous year (2025)
- SDRs holdings, SDR, per unit of GDP 0.0001 units per US$ of GDP (2025)
- SDRs holdings, SDR, per capita 0.8841 units per person (2025)
- IMF holdings of currency, US dollar, annual growth rate -18.56 % change on previous year (2025)
Frequently asked questions
- What is real gdp growth in Bosnia and Herzegovina?
- Real gdp growth in Bosnia and Herzegovina was 3.23 in 2024, according to Our World in Data.
- What is the highest real gdp growth recorded in Bosnia and Herzegovina?
- The highest recorded value was 62.18 in 1996.
- What is the lowest real gdp growth recorded in Bosnia and Herzegovina?
- The lowest recorded value was -3.02 in 2020.
- How does Bosnia and Herzegovina rank for real gdp growth?
- Bosnia and Herzegovina ranks 110th out of 196 countries with data for 2024.
- Is real gdp growth rising or falling in Bosnia and Herzegovina?
- Over the last ten years it is up 179.6%. The long-run trend across the full record is volatile.
- Where does this Bosnia and Herzegovina data come from?
- The figures come from Our World in Data, published as part of Real gdp growth. Statizoid updates them automatically from the source API.
Download this data
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