Skip to content

Economy of Bosnia and Herzegovina vs Central African Republic compared: GDP & Debt

Updated on by Georank team

Bosnia and Herzegovina has a GDP of $29.6B compared to $2.75B for the Central African Republic, ranking 111/197 and 171/197 by economy size, respectively.

Bosnia and Herzegovina has $8.74B in government debt (29.5% of GDP), compared to $1.67B (60.7% of GDP) in the Central African Republic.

Bosnia and Herzegovina vs Central African Republic GDP by year

Bosnia and Herzegovina
Central African Republic
1x
Year GDP, current $
Bosnia CAR
2024 $29,613,572,023 $2,751,494,281
2023 $27,592,361,498 $2,555,492,086
2022 $24,534,663,636 $2,382,618,615
2021 $23,672,712,121 $2,516,498,412
2020 $20,226,038,370 $2,326,720,900
2019 $20,482,608,984 $2,221,301,351
2018 $20,484,058,033 $2,220,979,146
2017 $18,326,373,136 $2,072,349,973
2016 $17,116,926,554 $1,825,018,145
2015 $16,404,348,361 $1,695,825,714
2014 $18,558,734,107 $1,894,813,389
2013 $18,179,109,209 $1,691,544,110
2012 $17,226,735,996 $2,510,126,512
2011 $18,644,233,537 $2,437,982,705
2010 $17,176,315,804 $2,142,591,540
2009 $17,613,949,091 $2,067,381,665
2008 $19,112,796,623 $1,993,407,888
2007 $15,778,734,264 $1,699,811,295
2006 $12,864,841,906 $1,461,859,762
2005 $11,222,796,337 $1,337,894,379
2004 $10,156,541,221 $1,272,360,517
2003 $8,498,894,359 $1,142,315,523
2002 $6,728,220,983 $996,068,145
2001 $5,800,615,375 $932,648,605
2000 $5,567,772,769 $916,777,283
1999 $4,686,256,363 $999,477,511
1998 $4,116,774,301 $967,338,390
1997 $3,671,909,673 $937,741,513
1996 $2,786,045,322 $1,007,791,127
1995 $1,866,572,954 $1,115,389,674
1994 $1,255,802,469 $851,174,357
1993 $3,630,668,950 $1,278,781,262
1992 $4,735,044,707 $1,411,917,553
1991 $6,122,959,184 $1,377,374,987
1990 $7,753,478,261 $1,440,711,459
1989 - $1,233,930,281
1988 - $1,264,899,288
1987 - $1,200,991,978
1986 - $1,122,265,013
1985 - $864,849,836
1984 - $637,820,670
1983 - $658,679,333
1982 - $748,312,391
1981 - $694,803,623
1980 - $797,048,199
1979 - $700,764,748
1978 - $610,578,632
1977 - $507,298,148
1976 - $451,152,461
1975 - $378,660,016
1974 - $281,398,706
1973 - $271,183,082
1972 - $230,317,883
1971 - $201,450,800
1970 - $189,106,529
1969 - $188,039,210
1968 - $191,767,442
1967 - $163,820,514
1966 - $157,930,018
1965 - $150,574,795
1964 - $142,025,079
1963 - $129,379,124
1962 - $124,482,774
1961 - $123,134,583
1960 - $112,155,598

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/bosnia-and-herzegovina/central-african-republic | CC BY

GDP per capita in Bosnia and Herzegovina vs Central African Republic by year

Bosnia and Herzegovina
GDP per capita

GDP per capita, PPP
Central African Republic
GDP per capita

GDP per capita, PPP
1x
Year Current $
Bosnia CAR
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $9,359 $25,043 $516 $1,263
2023 $8,663 $23,376 $496 $1,257
2022 $7,656 $21,651 $467 $1,218
2021 $7,295 $18,287 $492 $1,129
2020 $6,130 $16,370 $463 $1,066
2019 $6,122 $16,429 $449 $985
2018 $6,048 $14,859 $455 $906
2017 $5,345 $13,627 $432 $884
2016 $4,929 $12,899 $387 $826
2015 $4,662 $11,845 $366 $769
2014 $5,206 $11,168 $410 $699
2013 $5,035 $10,808 $364 $710
2012 $4,694 $10,121 $544 $1,062
2011 $4,983 $9,761 $534 $980
2010 $4,506 $9,086 $477 $936
2009 $4,540 $8,698 $456 $877
2008 $4,842 $8,587 $437 $798
2007 $3,931 $7,686 $381 $783
2006 $3,166 $6,869 $334 $743
2005 $2,740 $5,956 $312 $702
2004 $2,453 $5,407 $303 $690
2003 $2,034 $4,917 $278.4 $648
2002 $1,607 $4,665 $248.6 $688
2001 $1,388 $4,307 $238 $668
2000 $1,338 $4,148 $239.2 $640
1999 $1,135 $3,875 $268 $660
1998 $1,007 $3,524 $266.6 $645
1997 $914 $3,041 $265.5 $626
1996 $719 $2,269 $293.3 $601
1995 $502 $1,507 $333 $631
1994 $337 $1,269 $261.3 $592
1993 $930 $1,067 $405 $570
1992 $1,118 $982 $462 $573
1991 $1,373 $975 $465 $618
1990 $1,743 $1,043 $502 $620
1989 - - $443 -
1988 - - $466 -
1987 - - $450 -
1986 - - $426 -
1985 - - $333 -
1984 - - $248.3 -
1983 - - $259.6 -
1982 - - $298.4 -
1981 - - $280.3 -
1980 - - $325 -
1979 - - $289.1 -
1978 - - $254.6 -
1977 - - $213.8 -
1976 - - $192.1 -
1975 - - $163.6 -
1974 - - $124 -
1973 - - $121.8 -
1972 - - $105.5 -
1971 - - $94.1 -
1970 - - $90.2 -
1969 - - $91.7 -
1968 - - $95.6 -
1967 - - $83.6 -
1966 - - $82.3 -
1965 - - $80.2 -
1964 - - $77.2 -
1963 - - $71.8 -
1962 - - $70.4 -
1961 - - $71 -
1960 - - $65.9 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/bosnia-and-herzegovina/central-african-republic | CC BY

Bosnia and Herzegovina's GDP per capita is $9,359, ranking 87/197, compared to $516 in the Central African Republic, ranking 195/197. Adjusted for purchasing power (GDP per capita PPP), Bosnia and Herzegovina ranks 83rd at $25,043, while the Central African Republic ranks 195th at $1,263.

Economic indicators

Bosnia CAR
Gross domestic product
$29.6B
2024
$2.75B
2024
GDP rank
111/197
2024
171/197
2024
GDP growth
2.97%
2023-2024
1.5%
2023-2024
GDP per capita
$9,359
2024
$516
2024
GDP per capita rank
87/197
2024
195/197
2024
GDP per capita, PPP
$25,043
2024
$1,263
2024
GDP per capita PPP rank
83/197
2024
195/197
2024
Government debt
$8.74B
2024
$1.67B
2024
Debt-to-GDP ratio
29.5%
2024
60.7%
2024
Government debt per person
$2,763
2024
$313
2024
Government debt per person rank
107/185
2024
178/185
2024
Average annual personal income after taxes
$8,501
2026
$1,078
2026
Income share by richest 10%
25.1%
2011
33.1%
2021
Income share by poorest 10%
2.9%
2011
2.1%
2021
Government expenditure, % of GDP
43.3%
2024
19.5%
2024
Consumer prices inflation
1.7%
2023-2024
1.5%
2023-2024
Unemployment rate
10.7%
2024
6.9%
2017
Population
3116111
5753659

Spending and national debt comparison by year

Bosnia and Herzegovina
Spending

Debt
Central African Republic
Spending

Debt
1x
Year % of GDP
Bosnia CAR
Government spending Government debt Government spending Government debt
2024 43.3% 29.5% 19.5% 60.7%
2023 41.7% 29% 17.5% 55.6%
2022 39.4% 31.2% 17.4% 49.9%
2021 40.6% 35.8% 19.2% 46.9%
2020 45.4% 37.2% 24.2% 42.8%
2019 39.9% 32.8% 15.8% 44.9%
2018 40.4% 34.5% 16.8% 47.9%
2017 40% 38.6% 13.1% 47.4%
2016 41.5% 44.9% 11.1% 49.3%
2015 42.7% 46.4% 12.7% 54.4%
2014 46.2% 47.1% 16.7% 57.5%
2013 44.5% 43.8% 13.4% 51.8%
2012 46.9% 43.6% 14.7% 31.5%
2011 46.4% 40.9% 14.2% 19.7%
2010 48.7% 42.2% 17.3% 19.9%
2009 49% 36.4% 16% 20.3%
2008 48.4% 30.3% 16% 35.8%
2007 45.2% 18.2% 12.9% 47.9%
2006 44.2% 20.6% 13.4% 46.7%
2005 44.5% 24.9% 16.2% 103%
2004 45.6% 25.5% 13.1% 99.7%
2003 47.3% 27.6% 12.3% 95.9%
2002 47.4% 31.1% 16.7% 98.5%
2001 50.2% 35.1% 14.1% 103.1%
2000 56.2% 34.6% 17.2% 94.7%
1999 57.5% 56% 18.2% 84.2%
1998 54.4% 54.4% 18.1% 85.3%
1997 - - 14.5% 96.1%
1996 - - 11.7% 93%
1995 - - 20.6% 83.8%
1994 - - 22.4% 103.4%
1993 - - 20.6% 68.2%
1992 - - 23.1% 57.4%
1991 - - 22.6% 55.8%
1990 - - 22% 44.6%
1989 - - 19.6% 50.9%
1988 - - 21.4% 48.8%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1988–1996, retrieved 2026-02-20).

GeoRank.org/economy/bosnia-and-herzegovina/central-african-republic | CC BY

In 2024, Bosnia and Herzegovina's government spending was $12.8B, accounting for 43.3% of its GDP, while the Central African Republic spent $538M, or 19.5% of GDP.

Debt-to-GDP ratio is 29.5% in Bosnia and Herzegovina and 60.7% in the Central African Republic, ranking 159/185 and 77/185, respectively.

Government deficit by year

Deficit/surplus
Bosnia and Herzegovina

Central African Republic
1x
Year Deficit/surplus, % of GDP
Bosnia CAR
2024 -1.88% -5.08%
2023 -1.67% -3.44%
2022 0.15% -5.23%
2021 -0.18% -5.8%
2020 -4.5% -3.24%
2019 1.37% 1.33%
2018 1.63% -0.93%
2017 1.79% -1%
2016 0.34% 1.17%
2015 -0.19% -0.53%
2014 -2.87% -3.02%
2013 -1.28% -2.3%
2012 -2.68% -0.78%
2011 -2.73% -2.15%
2010 -4.06% -1.35%
2009 -5.34% -0.54%
2008 -3.82% -1.23%
2007 0.17% 1.04%
2006 2.08% 8.58%
2005 0.74% -4.37%
2004 -0.18% -1.74%
2003 -0.44% -3.06%
2002 -2.99% -1.19%
2001 -3.44% -0.88%
2000 -4.63% -2.01%
1999 -2.78% -0.5%
1998 -0.98% 0.001%
1997 - -1.57%
1996 - -1.06%
1995 - -4.84%
1994 - -7.57%
1993 - -5.66%
1992 - -7.33%
1991 - -8%
1990 - -6.6%
1989 - -3.25%
1988 - -3.72%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1988–1989, retrieved 2026-02-20).

GeoRank.org/economy/bosnia-and-herzegovina/central-african-republic | 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 the Central African Republic's deficit of $140M, or 5.08% of GDP.

Over the past 27 years, Bosnia and Herzegovina recorded a fiscal deficit in 19 of those years, while the Central African Republic ran a deficit in 22 years. On average, Bosnia and Herzegovina posted an annual deficit equal to 1.42% of GDP, compared to deficit of 1.42% of GDP for the Central African Republic.

Inflation comparison by year

Inflation
Bosnia and Herzegovina

Central African Republic
1x
Year Consumer prices inflation
Bosnia CAR
2024 1.7% 1.5%
2023 6.1% 3%
2022 14% 5.6%
2021 2% 4.3%
2020 -1.1% 0.9%
2019 0.6% 2.8%
2018 1.4% 1.6%
2017 0.8% 4.2%
2016 -1.6% 4.9%
2015 -1% 1.4%
2014 -0.9% 17.8%
2013 -0.1% 4%
2012 2.1% 5.9%
2011 4% 1.2%
2010 2.1% 1.5%
2009 -0.4% 3.6%
2008 7.4% 9.2%
2007 1.5% 0.9%
2006 6.1% 6.9%
2005 3.6% 2.9%
2004 0.3% -2.6%
2003 0.5% 4.4%
2002 0.3% 2.3%
2001 3.2% 4.1%
2000 5% 3.4%
1999 2.8% -1.6%
1998 -0.3% -2%
1997 5.7% 1.6%

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

GeoRank.org/economy/bosnia-and-herzegovina/central-african-republic | CC BY

Over the past 28 years, Bosnia and Herzegovina has recorded an average annual inflation rate of 2.35%, compared with 3.35% in the Central African Republic. In 2024, inflation was 1.7% in Bosnia and Herzegovina and 1.5% in the Central African Republic.

Balance of trade

Bosnia CAR
Current account balance
-$1.03B
2024
-$24.7M
1994
Current account balance ranking
123/190
2024
81/190
1994
Current account balance, % of GDP
-3.47%
2024
-2.9%
1994
Goods imports
$14.8B
2024
$131M
1994
Goods exports
$8.36B
2024
$146M
1994
Service imports
$1.27B
2024
$114M
1994
Service exports
$3.74B
2024
$33.1M
1994
Imports of goods and services, % of GDP
54.3%
2024
31.4%
2024
Exports of goods and services, % of GDP
40.9%
2024
15%
2024

Economic freedom indices

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

Bosnia CAR
Economic freedom 63.1 43.1
Economic freedom ranking 83/197 182/197
Property rights 46.9 5.6
Government integrity 36.8 19.2
Judicial effectiveness 36.1 4
Tax burden 93.9 65.5
Government spending 48.4 90.1
Fiscal health 96.2 59
Business freedom 65.1 26.5
Labor freedom 62.7 48.5
Monetary freedom 77.5 75.6
Trade freedom 69 47.6
Investment freedom 65 45
Financial freedom 60 30

Economic freedom comparison by year

Bosnia and Herzegovina
Central African Republic
1x
Year Economic freedom index
Bosnia CAR
2026 63.1 43.1
2025 63.5 42.8
2024 62 41.3
2023 62.9 43.8
2022 63.4 45.7
2021 62.9 48.8
2020 62.6 50.7
2019 61.9 49.1
2018 61.4 49.2
2017 60.2 51.8
2016 58.6 45.2
2015 59 45.9
2014 58.4 46.7
2013 57.3 50.4
2012 57.3 50.3
2011 57.5 49.3
2010 56.2 48.4
2009 53.1 48.3
2008 53.9 48.6
2007 54.4 50.6
2006 55.6 54.2
2005 48.8 56.5
2004 44.7 57.5
2003 40.6 60
2002 37.4 59.8
2001 36.6 -
2000 45.1 -
1999 29.4 -
1998 29.4 -

Data sources: The Heritage Foundation | Economic Freedom Index (1998–2026, retrieved 2026-03-09).

GeoRank.org/economy/bosnia-and-herzegovina/central-african-republic | CC BY

The Economic Freedom Index for Bosnia and Herzegovina is 63.1, ranking 83/197, compared to 43.1 for the Central African Republic, ranking 182/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Bosnia CAR
Services, % of GDP
56.6%
2024
42.1%
2024
Industry, % of GDP
22.4%
2024
20%
2024
Agriculture, forestry, and fishing, % of GDP
4.53%
2024
27.9%
2024
GNI, Atlas method
$27.8B
2024
$2.74B
2024
GNI per capita, PPP
$24,990
2024
$1,340
2024
Total reserves including gold
$9.42B
2024
$480M
2023
Total reserves ranking
79/177
2024
158/177
2023
Net foreign direct investment
-$885M
2024
$3.6M
1994
Net inflows of foreign direct investment
$1B
2024
$40.4M
2024
Net outflows of foreign direct investment
$119M
2024
$0
2024
Servicing debt to the IMF, % of GNI
4.93%
2024
1.94%
2024
Poverty at national poverty lines
16.9%
2015
68.8%
2021
Gross capital formation, % of GDP
27.5%
2024
23.6%
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/central-african-republic | CC BY

Compare countries by 7 more topics

Help us show the world through your eyes

Share a photo of your city and help others discover what it looks like to live there. Your contribution makes our data come alive.

Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1998–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. International Monetary Fund (IMF) | Public Finances in Modern History (1988–1996, retrieved 2026-02-20)
  6. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. LivingCost (2026, retrieved 2025-10-14)
  8. Central Intelligence Agency (CIA) (2017, retrieved 2026-02-20)

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.