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Economy of Bosnia and Herzegovina vs Cambodia compared: GDP & Debt

Updated on by Georank team

Bosnia and Herzegovina has a GDP of $29.6B compared to $46.4B for Cambodia, ranking 111/197 and 97/197 by economy size, respectively.

Bosnia and Herzegovina has $8.74B in government debt (29.5% of GDP), compared to $12B (25.9% of GDP) in Cambodia.

Bosnia and Herzegovina vs Cambodia GDP by year

Bosnia and Herzegovina
Cambodia
1x
Year GDP, current $
Bosnia Cambodia
2024 $29,613,572,023 $46,352,647,037
2023 $27,592,361,498 $42,335,646,896
2022 $24,534,663,636 $39,994,532,960
2021 $23,672,712,121 $36,790,163,687
2020 $20,226,038,370 $34,818,073,901
2019 $20,482,608,984 $36,685,356,408
2018 $20,484,058,033 $33,145,892,169
2017 $18,326,373,136 $29,355,665,910
2016 $17,116,926,554 $26,556,545,153
2015 $16,404,348,361 $24,174,170,369
2014 $18,558,734,107 $22,041,463,968
2013 $18,179,109,209 $19,807,135,253
2012 $17,226,735,996 $17,826,536,700
2011 $18,644,233,537 $16,032,622,024
2010 $17,176,315,804 $13,808,673,288
2009 $17,613,949,091 $12,502,901,170
2008 $19,112,796,623 $12,174,303,999
2007 $15,778,734,264 $10,127,916,460
2006 $12,864,841,906 $8,350,531,017
2005 $11,222,796,337 $7,066,296,463
2004 $10,156,541,221 $5,883,297,160
2003 $8,498,894,359 $5,046,693,484
2002 $6,728,220,983 $4,501,227,627
2001 $5,800,615,375 $4,145,665,970
2000 $5,567,772,769 $3,694,168,979
1999 $4,686,256,363 $3,517,242,477
1998 $4,116,774,301 $3,120,425,503
1997 $3,671,909,673 $3,443,413,389
1996 $2,786,045,322 $3,506,695,720
1995 $1,866,572,954 $3,441,205,693
1994 $1,255,802,469 $2,791,435,272
1993 $3,630,668,950 $2,533,727,592
1992 $4,735,044,707 $2,491,486,594
1991 $6,122,959,184 $2,054,974,089
1990 $7,753,478,261 $1,402,541,177
1989 - $1,353,137,648
1988 - $1,662,877,859
1987 - $1,036,974,910
1986 - $1,167,630,318
1985 - $1,102,669,184
1984 - $1,021,176,059
1983 - $939,291,262
1982 - $865,516,040
1981 - $815,153,652
1980 - $744,384,130
1979 - $723,738,503
1978 - $766,642,356
1977 - $716,261,764
1976 - $790,357,255
1975 - $749,129,748

Data sources: World Bank | Economy & Growth (1975–2024, retrieved 2026-04-06).

GeoRank.org/economy/bosnia-and-herzegovina/cambodia | CC BY

GDP per capita in Bosnia and Herzegovina vs Cambodia by year

Bosnia and Herzegovina
GDP per capita

GDP per capita, PPP
Cambodia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Bosnia Cambodia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $9,359 $25,043 $2,628 $7,967
2023 $8,663 $23,376 $2,430 $7,431
2022 $7,656 $21,651 $2,325 $6,919
2021 $7,295 $18,287 $2,167 $6,226
2020 $6,130 $16,370 $2,082 $5,942
2019 $6,122 $16,429 $2,226 $6,154
2018 $6,048 $14,859 $2,037 $5,617
2017 $5,345 $13,627 $1,826 $5,050
2016 $4,929 $12,899 $1,675 $4,748
2015 $4,662 $11,845 $1,547 $4,434
2014 $5,206 $11,168 $1,432 $4,118
2013 $5,035 $10,808 $1,306 $3,891
2012 $4,694 $10,121 $1,193 $3,583
2011 $4,983 $9,761 $1,089 $3,223
2010 $4,506 $9,086 $952 $2,989
2009 $4,540 $8,698 $876 $2,854
2008 $4,842 $8,587 $866 $2,769
2007 $3,931 $7,686 $732 $2,566
2006 $3,166 $6,869 $612 $2,297
2005 $2,740 $5,956 $526 $2,038
2004 $2,453 $5,407 $444 $1,770
2003 $2,034 $4,917 $387 $1,598
2002 $1,607 $4,665 $350 $1,442
2001 $1,388 $4,307 $328 $1,357
2000 $1,338 $4,148 $296.4 $1,256
1999 $1,135 $3,875 $286.8 $1,134
1998 $1,007 $3,524 $258.8 $1,009
1997 $914 $3,041 $297.6 $994
1996 $719 $2,269 $325 $1,006
1995 $502 $1,507 $343 $1,006
1994 $337 $1,269 $302 $972
1993 $930 $1,067 $294.1 $1,565
1992 $1,118 $982 $307 $1,560
1991 $1,373 $975 $267.3 $1,504
1990 $1,743 $1,043 $190.2 $1,410
1989 - - $191.3 -
1988 - - $244.1 -
1987 - - $158.1 -
1986 - - $185.8 -
1985 - - $182.4 -
1984 - - $174.7 -
1983 - - $166.7 -
1982 - - $159.2 -
1981 - - $154.3 -
1980 - - $143.2 -
1979 - - $142.2 -
1978 - - $147.1 -
1977 - - $126.4 -
1976 - - $128.8 -
1975 - - $113.8 -

Data sources: World Bank | Economy & Growth (1975–2024, retrieved 2026-04-06).

GeoRank.org/economy/bosnia-and-herzegovina/cambodia | CC BY

Bosnia and Herzegovina's GDP per capita is $9,359, ranking 87/197, compared to $2,628 in Cambodia, ranking 145/197. Adjusted for purchasing power (GDP per capita PPP), Bosnia and Herzegovina ranks 83rd at $25,043, while Cambodia ranks 142nd at $7,967.

Economic indicators

Bosnia Cambodia
Gross domestic product
$29.6B
2024
$46.4B
2024
GDP rank
111/197
2024
97/197
2024
GDP growth
2.97%
2023-2024
5.98%
2023-2024
GDP per capita
$9,359
2024
$2,628
2024
GDP per capita rank
87/197
2024
145/197
2024
GDP per capita, PPP
$25,043
2024
$7,967
2024
GDP per capita PPP rank
83/197
2024
142/197
2024
Government debt
$8.74B
2024
$12B
2024
Debt-to-GDP ratio
29.5%
2024
25.9%
2024
Government debt per person
$2,763
2024
$681
2024
Government debt per person rank
107/185
2024
156/185
2024
Average annual personal income after taxes
$8,501
2026
$2,258
2026
Income share by richest 10%
25.1%
2011
n/a
Income share by poorest 10%
2.9%
2011
n/a
Government expenditure, % of GDP
43.3%
2024
17.3%
2024
Consumer prices inflation
1.7%
2023-2024
0.9%
2023-2024
Unemployment rate
10.7%
2024
0.26%
2023
Population
3116111
18113986

Spending and national debt comparison by year

Bosnia and Herzegovina
Spending

Debt
Cambodia
Spending

Debt
1x
Year % of GDP
Bosnia Cambodia
Government spending Government debt Government spending Government debt
2024 43.3% 29.5% 17.3% 25.9%
2023 41.7% 29% 19.1% 26.3%
2022 39.4% 31.2% 18.7% 25.5%
2021 40.6% 35.8% 21% 25.9%
2020 45.4% 37.2% 20.3% 25.2%
2019 39.9% 32.8% 17.6% 20.8%
2018 40.4% 34.5% 16.1% 21.1%
2017 40% 38.6% 16.2% 22.6%
2016 41.5% 44.9% 15.2% 21.8%
2015 42.7% 46.4% 14.5% 23.3%
2014 46.2% 47.1% 16.5% 24.2%
2013 44.5% 43.8% 16.4% 24.4%
2012 46.9% 43.6% 17.1% 24.9%
2011 46.4% 40.9% 16.5% 23.8%
2010 48.7% 42.2% 17% 23.4%
2009 49% 36.4% 17% 23.7%
2008 48.4% 30.3% 13.1% 23%
2007 45.2% 18.2% 12.3% 25.1%
2006 44.2% 20.6% 11.3% 26.7%
2005 44.5% 24.9% 11% 31.7%
2004 45.6% 25.5% 12.6% 38.7%
2003 47.3% 27.6% 14.5% 39.8%
2002 47.4% 31.1% 16.1% 37.8%
2001 50.2% 35.1% 14.5% 33.5%
2000 56.2% 34.6% 14.9% 34.9%
1999 57.5% 56% 13.8% 34.6%
1998 54.4% 54.4% 13.4% 37.2%
1997 - - 12.4% 31.4%
1996 - - 15.7% 30.1%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1996–2024, retrieved 2026-02-20).

GeoRank.org/economy/bosnia-and-herzegovina/cambodia | CC BY

In 2024, Bosnia and Herzegovina's government spending was $12.8B, accounting for 43.3% of its GDP, while Cambodia spent $8B, or 17.3% of GDP.

Debt-to-GDP ratio is 29.5% in Bosnia and Herzegovina and 25.9% in Cambodia, ranking 159/185 and 164/185, respectively.

Government deficit by year

Deficit/surplus
Bosnia and Herzegovina

Cambodia
1x
Year Deficit/surplus, % of GDP
Bosnia Cambodia
2024 -1.88% -2.67%
2023 -1.67% -2.83%
2022 0.15% -0.29%
2021 -0.18% -5.18%
2020 -4.5% -2.53%
2019 1.37% 2.19%
2018 1.63% 0.28%
2017 1.79% -0.76%
2016 0.34% -0.29%
2015 -0.19% -0.65%
2014 -2.87% -1.24%
2013 -1.28% -2.01%
2012 -2.68% -3.57%
2011 -2.73% -3.76%
2010 -4.06% -3.09%
2009 -5.34% -3.98%
2008 -3.82% 0.43%
2007 0.17% 0.62%
2006 2.08% -0.15%
2005 0.74% -0.34%
2004 -0.18% -3.23%
2003 -0.44% -5.69%
2002 -2.99% -6.07%
2001 -3.44% -4.95%
2000 -4.63% -4.76%
1999 -2.78% -3.79%
1998 -0.98% -5.35%
1997 - -3.7%
1996 - -7.53%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1996–2024, retrieved 2026-02-20).

GeoRank.org/economy/bosnia-and-herzegovina/cambodia | CC BY

In 2024, Bosnia and Herzegovina's government deficit, the difference between spending and revenue, was $557M, equivalent to 1.88% of GDP. This compares to Cambodia's deficit of $1.24B, or 2.67% of GDP.

Over the past 27 years, Bosnia and Herzegovina recorded a fiscal deficit in 19 of those years, while Cambodia ran a deficit in 23 years. On average, Bosnia and Herzegovina posted an annual deficit equal to 1.42% of GDP, compared to deficit of 2.36% of GDP for Cambodia.

Inflation comparison by year

Inflation
Bosnia and Herzegovina

Cambodia
1x
Year Consumer prices inflation
Bosnia Cambodia
2024 1.7% 0.9%
2023 6.1% 2.1%
2022 14% 5.3%
2021 2% 2.9%
2020 -1.1% 2.9%
2019 0.6% 2%
2018 1.4% 2.4%
2017 0.8% 2.9%
2016 -1.6% 3%
2015 -1% 1.2%
2014 -0.9% 3.9%
2013 -0.1% 2.9%
2012 2.1% 2.9%
2011 4% 5.5%
2010 2.1% 4%
2009 -0.4% -0.7%
2008 7.4% 25%
2007 1.5% 7.7%
2006 6.1% 6.1%
2005 3.6% 6.3%
2004 0.3% 3.9%
2003 0.5% 1%
2002 0.3% 0%
2001 3.2% -0.1%
2000 5% -0.8%
1999 2.8% 2%
1998 -0.3% 12.9%
1997 5.7% 10.5%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20).

GeoRank.org/economy/bosnia-and-herzegovina/cambodia | CC BY

Over the past 28 years, Bosnia and Herzegovina has recorded an average annual inflation rate of 2.35%, compared with 4.24% in Cambodia. In 2024, inflation was 1.7% in Bosnia and Herzegovina and 0.9% in Cambodia.

Top exports between countries

Bosnia
Export category Export value
Wood & paper products $816K
Textiles & consumer goods $12K
Machinery & equipment $10K
Animal & marine products $6K
Cambodia
Export category Export value
Textiles & consumer goods $464K
Miscellaneous $98K
Processed food, beverages & tobacco $29K
Chemicals & pharma $19K

Balance of trade

Bosnia Cambodia
Current account balance
-$1.03B
2024
$228M
2024
Current account balance ranking
123/190
2024
65/190
2024
Current account balance, % of GDP
-3.47%
2024
+0.49%
2024
Goods imports
$14.8B
2024
$31.2B
2024
Goods exports
$8.36B
2024
$26.8B
2024
Service imports
$1.27B
2024
$3.08B
2024
Service exports
$3.74B
2024
$4.97B
2024
Imports of goods and services, % of GDP
54.3%
2024
72.1%
2024
Exports of goods and services, % of GDP
40.9%
2024
71.4%
2024

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Bosnia Cambodia
Economic freedom 63.1 58.7
Economic freedom ranking 83/197 108/197
Property rights 46.9 38.1
Government integrity 36.8 18.9
Judicial effectiveness 36.1 21.2
Tax burden 93.9 90.3
Government spending 48.4 89.9
Fiscal health 96.2 92.7
Business freedom 65.1 60.8
Labor freedom 62.7 48.3
Monetary freedom 77.5 77
Trade freedom 69 67.8
Investment freedom 65 50
Financial freedom 60 50

Economic freedom comparison by year

Bosnia and Herzegovina
Cambodia
1x
Year Economic freedom index
Bosnia Cambodia
2026 63.1 58.7
2025 63.5 58.2
2024 62 55.6
2023 62.9 56.5
2022 63.4 57.1
2021 62.9 57.3
2020 62.6 57.3
2019 61.9 57.8
2018 61.4 58.7
2017 60.2 59.5
2016 58.6 57.9
2015 59 57.5
2014 58.4 57.4
2013 57.3 58.5
2012 57.3 57.6
2011 57.5 57.9
2010 56.2 56.6
2009 53.1 56.6
2008 53.9 55.9
2007 54.4 55.9
2006 55.6 56.7
2005 48.8 60
2004 44.7 61.1
2003 40.6 63.7
2002 37.4 60.7
2001 36.6 59.6
2000 45.1 59.3
1999 29.4 59.9
1998 29.4 59.8
1997 - 52.8

Data sources: The Heritage Foundation | Economic Freedom Index (1997–2026, retrieved 2026-03-09).

GeoRank.org/economy/bosnia-and-herzegovina/cambodia | CC BY

The Economic Freedom Index for Bosnia and Herzegovina is 63.1, ranking 83/197, compared to 58.7 for Cambodia, ranking 108/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Bosnia Cambodia
Services, % of GDP
56.6%
2024
35.6%
2024
Industry, % of GDP
22.4%
2024
41.8%
2024
Agriculture, forestry, and fishing, % of GDP
4.53%
2024
16.6%
2024
GNI, Atlas method
$27.8B
2024
$44.9B
2024
GNI per capita, PPP
$24,990
2024
$7,910
2024
Total reserves including gold
$9.42B
2024
$22.5B
2024
Total reserves ranking
79/177
2024
58/177
2024
Net foreign direct investment
-$885M
2024
-$4.22B
2024
Net inflows of foreign direct investment
$1B
2024
$4.39B
2024
Net outflows of foreign direct investment
$119M
2024
$172M
2024
Servicing debt to the IMF, % of GNI
4.93%
2024
7.41%
2024
Poverty at national poverty lines
16.9%
2015
17.7%
2012
Gross capital formation, % of GDP
27.5%
2024
32.2%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/bosnia-and-herzegovina/cambodia | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1975–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1996–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1997–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. TradeMap (2020–2024, retrieved 2026-02-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. LivingCost (2026, retrieved 2025-10-14)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.