[ Nominal GDP in billions of USD ]
Year -
$29.61 billions
Bosnia and Herzegovina GDP expanded from 1990 to 2024, increasing from $7.75 billion to $29.61 billion.The compound annual growth rate (CAGR) averaged 4.02% over the period. The economy recorded its peak level in 2024 and its lowest level in 1994. Growth volatility remained high. The maximum drawdown reached 83.74%, indicating the largest cyclical decline from peak levels. The country experienced 5 recession episode(s) during the observed period.
| Metric | Nominal GDP (Current USD) | GDP (PPP, Int$) |
|---|---|---|
| Latest Year | 2024 | 2024 |
| Latest GDP | $ 29.61 Billions | $ 72.64 Int Billions |
| Growth (YoY) | 7.325% | 1.303% |
| Net Change vs Previous Year | $ 2.02 Billion | $ 0.93 Int Billion |
| % of World GDP | 0.03% | 0.04% |
| Meaning | Nominal GDP (Current USD, exchange-rate based) | GDP (PPP, cost-of-living adjusted) |
| Nominal | PPP | |||||
|---|---|---|---|---|---|---|
| Year | Bil $ | Net Chg | % Chg | Int Bil $ | Net Chg | % Chg |
| 1960 | - | - | - | - | - | - |
| 1961 | - | - | - | - | - | - |
| 1962 | - | - | - | - | - | - |
| 1963 | - | - | - | - | - | - |
| 1964 | - | - | - | - | - | - |
| 1965 | - | - | - | - | - | - |
| 1966 | - | - | - | - | - | - |
| 1967 | - | - | - | - | - | - |
| 1968 | - | - | - | - | - | - |
| 1969 | - | - | - | - | - | - |
| 1970 | - | - | - | - | - | - |
| 1971 | - | - | - | - | - | - |
| 1972 | - | - | - | - | - | - |
| 1973 | - | - | - | - | - | - |
| 1974 | - | - | - | - | - | - |
| 1975 | - | - | - | - | - | - |
| 1976 | - | - | - | - | - | - |
| 1977 | - | - | - | - | - | - |
| 1978 | - | - | - | - | - | - |
| 1979 | - | - | - | - | - | - |
| 1980 | - | - | - | - | - | - |
| 1981 | - | - | - | - | - | - |
| 1982 | - | - | - | - | - | - |
| 1983 | - | - | - | - | - | - |
| 1984 | - | - | - | - | - | - |
| 1985 | - | - | - | - | - | - |
| 1986 | - | - | - | - | - | - |
| 1987 | - | - | - | - | - | - |
| 1988 | - | - | - | - | - | - |
| 1989 | - | - | - | - | - | - |
| 1990 | 7.75 | - | - | 4.64 | - | - |
| 1991 | 6.12 | -1.63 | -21.03 % | 4.35 | -0.29 | -6.282 % |
| 1992 | 4.74 | -1.39 | -22.667 % | 4.16 | -0.19 | -4.305 % |
| 1993 | 3.63 | -1.1 | -23.323 % | 4.17 | 0.01 | 0.137 % |
| 1994 | 1.26 | -2.37 | -65.411 % | 4.73 | 0.56 | 13.505 % |
| 1995 | 1.87 | 0.61 | 48.636 % | 5.6 | 0.87 | 18.4 % |
| 1996 | 2.79 | 0.92 | 49.26 % | 8.79 | 3.19 | 57.022 % |
| 1997 | 3.67 | 0.89 | 31.796 % | 12.22 | 3.43 | 38.997 % |
| 1998 | 4.12 | 0.44 | 12.115 % | 14.41 | 2.19 | 17.927 % |
| 1999 | 4.69 | 0.57 | 13.833 % | 16 | 1.6 | 11.071 % |
| 2000 | 5.57 | 0.88 | 18.811 % | 17.25 | 1.25 | 7.802 % |
| 2001 | 5.8 | 0.23 | 4.182 % | 18 | 0.75 | 4.351 % |
| 2002 | 6.73 | 0.93 | 15.992 % | 19.54 | 1.53 | 8.524 % |
| 2003 | 8.5 | 1.77 | 26.317 % | 20.55 | 1.01 | 5.189 % |
| 2004 | 10.16 | 1.66 | 19.504 % | 22.4 | 1.85 | 8.982 % |
| 2005 | 11.22 | 1.07 | 10.498 % | 24.4 | 2 | 8.944 % |
| 2006 | 12.86 | 1.64 | 14.631 % | 27.92 | 3.52 | 14.422 % |
| 2007 | 15.78 | 2.91 | 22.65 % | 30.85 | 2.93 | 10.503 % |
| 2008 | 19.11 | 3.33 | 21.13 % | 33.9 | 3.05 | 9.88 % |
| 2009 | 17.61 | -1.5 | -7.842 % | 33.73 | -0.17 | -0.493 % |
| 2010 | 17.18 | -0.44 | -2.485 % | 34.63 | 0.9 | 2.681 % |
| 2011 | 18.64 | 1.47 | 8.546 % | 36.53 | 1.89 | 5.462 % |
| 2012 | 17.23 | -1.42 | -7.603 % | 37.15 | 0.62 | 1.698 % |
| 2013 | 18.18 | 0.95 | 5.528 % | 39.03 | 1.88 | 5.065 % |
| 2014 | 18.56 | 0.38 | 2.088 % | 39.81 | 0.78 | 2.009 % |
| 2015 | 16.4 | -2.15 | -11.608 % | 41.69 | 1.88 | 4.718 % |
| 2016 | 17.12 | 0.71 | 4.344 % | 44.8 | 3.11 | 7.457 % |
| 2017 | 18.33 | 1.21 | 7.066 % | 46.72 | 1.92 | 4.294 % |
| 2018 | 20.48 | 2.16 | 11.774 % | 50.33 | 3.6 | 7.711 % |
| 2019 | 20.48 | 0 | -0.007 % | 54.96 | 4.64 | 9.214 % |
| 2020 | 20.23 | -0.26 | -1.253 % | 54.01 | -0.95 | -1.731 % |
| 2021 | 23.67 | 3.45 | 17.041 % | 59.34 | 5.33 | 9.866 % |
| 2022 | 24.53 | 0.86 | 3.641 % | 67.68 | 8.34 | 14.052 % |
| 2023 | 27.59 | 3.06 | 12.463 % | 71.7 | 4.03 | 5.95 % |
| 2024 | 29.61 | 2.02 | 7.325 % | 72.64 | 0.93 | 1.303 % |
Between 1990 to 2024, Bosnia and Herzegovina experienced the following economic phases:
The most remarkable growth occurred in 1996 with an increase of 49.26%, while the largest decline was in 1994 at -65.411%.