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

Updated on by Georank team

Bosnia and Herzegovina has a GDP of $29.6B compared to $19.5B for Chad, ranking 111/197 and 132/197 by economy size, respectively.

Bosnia and Herzegovina has $8.74B in government debt (29.5% of GDP), compared to $6.37B (32.7% of GDP) in Chad.

Bosnia and Herzegovina vs Chad GDP by year

Bosnia and Herzegovina
Chad
1x
Year GDP, current $
Bosnia Chad
2024 $29,613,572,023 $19,518,819,751
2023 $27,592,361,498 $18,340,233,749
2022 $24,534,663,636 $17,828,508,290
2021 $23,672,712,121 $16,871,937,698
2020 $20,226,038,370 $14,932,897,821
2019 $20,482,608,984 $14,905,517,743
2018 $20,484,058,033 $15,327,000,249
2017 $18,326,373,136 $13,349,041,409
2016 $17,116,926,554 $13,026,289,836
2015 $16,404,348,361 $14,559,599,500
2014 $18,558,734,107 $18,144,336,904
2013 $18,179,109,209 $17,865,316,886
2012 $17,226,735,996 $17,892,228,570
2011 $18,644,233,537 $16,685,349,674
2010 $17,176,315,804 $14,058,506,664
2009 $17,613,949,091 $12,317,614,054
2008 $19,112,796,623 $13,385,593,990
2007 $15,778,734,264 $10,865,385,132
2006 $12,864,841,906 $9,709,626,596
2005 $11,222,796,337 $8,655,892,393
2004 $10,156,541,221 $4,422,855,661
2003 $8,498,894,359 $2,742,815,072
2002 $6,728,220,983 $1,997,005,709
2001 $5,800,615,375 $1,710,843,377
2000 $5,567,772,769 $1,388,506,772
1999 $4,686,256,363 $1,534,673,583
1998 $4,116,774,301 $1,744,794,531
1997 $3,671,909,673 $1,544,689,577
1996 $2,786,045,322 $1,607,345,356
1995 $1,866,572,954 $1,445,919,895
1994 $1,255,802,469 $1,179,837,963
1993 $3,630,668,950 $1,463,251,164
1992 $4,735,044,707 $1,881,847,670
1991 $6,122,959,184 $1,877,137,982
1990 $7,753,478,261 $1,738,605,558
1989 - $1,433,686,312
1988 - $1,482,597,298
1987 - $1,163,426,852
1986 - $1,067,828,246
1985 - $1,033,069,709
1984 - $919,103,735
1983 - $832,415,806
1982 - $834,369,860
1981 - $876,937,558
1980 - $1,033,002,404
1979 - $1,004,316,496
1978 - $1,113,920,124
1977 - $935,360,465
1976 - $866,044,962
1975 - $864,602,105
1974 - $652,532,795
1973 - $647,199,483
1972 - $585,427,547
1971 - $501,866,730
1970 - $469,266,737
1969 - $471,635,622
1968 - $453,980,096
1967 - $449,826,323
1966 - $432,794,922
1965 - $416,926,303
1964 - $392,247,518
1963 - $371,767,002
1962 - $357,635,713
1961 - $333,975,336
1960 - $313,582,728

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

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

GDP per capita in Bosnia and Herzegovina vs Chad by year

Bosnia and Herzegovina
GDP per capita

GDP per capita, PPP
Chad
GDP per capita

GDP per capita, PPP
1x
Year Current $
Bosnia Chad
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $9,359 $25,043 $962 $2,743
2023 $8,663 $23,376 $949 $2,700
2022 $7,656 $21,651 $966 $2,624
2021 $7,295 $18,287 $946 $2,435
2020 $6,130 $16,370 $867 $2,186
2019 $6,122 $16,429 $893 $2,352
2018 $6,048 $14,859 $949 $2,228
2017 $5,345 $13,627 $854 $2,097
2016 $4,929 $12,899 $862 $2,120
2015 $4,662 $11,845 $994 $2,378
2014 $5,206 $11,168 $1,279 $2,133
2013 $5,035 $10,808 $1,305 $2,110
2012 $4,694 $10,121 $1,354 $2,435
2011 $4,983 $9,761 $1,308 $2,388
2010 $4,506 $9,086 $1,142 $2,320
2009 $4,540 $8,698 $1,036 $2,087
2008 $4,842 $8,587 $1,166 $2,181
2007 $3,931 $7,686 $980 $2,149
2006 $3,166 $6,869 $907 $2,079
2005 $2,740 $5,956 $838 $2,102
2004 $2,453 $5,407 $446 $1,808
2003 $2,034 $4,917 $289.1 $1,378
2002 $1,607 $4,665 $219.1 $1,226
2001 $1,388 $4,307 $194.3 $1,152
2000 $1,338 $4,148 $163.1 $1,044
1999 $1,135 $3,875 $186.6 $1,066
1998 $1,007 $3,524 $219.8 $1,096
1997 $914 $3,041 $201.4 $1,049
1996 $719 $2,269 $216.9 $1,010
1995 $502 $1,507 $204 $1,014
1994 $337 $1,269 $173.9 $1,026
1993 $930 $1,067 $220.7 $933
1992 $1,118 $982 $290.6 $1,107
1991 $1,373 $975 $302 $1,046
1990 $1,743 $1,043 $290.6 $967
1989 - - $246.4 -
1988 - - $263.5 -
1987 - - $213.9 -
1986 - - $203.4 -
1985 - - $202.7 -
1984 - - $182.2 -
1983 - - $167.2 -
1982 - - $176.1 -
1981 - - $194 -
1980 - - $228.8 -
1979 - - $222.9 -
1978 - - $252.5 -
1977 - - $215.9 -
1976 - - $203.7 -
1975 - - $207.5 -
1974 - - $160 -
1973 - - $162.4 -
1972 - - $150.4 -
1971 - - $131.8 -
1970 - - $125.9 -
1969 - - $129.2 -
1968 - - $126.9 -
1967 - - $128.2 -
1966 - - $125.8 -
1965 - - $123.6 -
1964 - - $118.6 -
1963 - - $114.7 -
1962 - - $112.6 -
1961 - - $107.3 -
1960 - - $102.8 -

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

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

Bosnia and Herzegovina's GDP per capita is $9,359, ranking 87/197, compared to $962 in Chad, ranking 182/197. Adjusted for purchasing power (GDP per capita PPP), Bosnia and Herzegovina ranks 83rd at $25,043, while Chad ranks 182nd at $2,743.

Economic indicators

Bosnia Chad
Gross domestic product
$29.6B
2024
$19.5B
2024
GDP rank
111/197
2024
132/197
2024
GDP growth
2.97%
2023-2024
4.2%
2023-2024
GDP per capita
$9,359
2024
$962
2024
GDP per capita rank
87/197
2024
182/197
2024
GDP per capita, PPP
$25,043
2024
$2,743
2024
GDP per capita PPP rank
83/197
2024
182/197
2024
Government debt
$8.74B
2024
$6.37B
2024
Debt-to-GDP ratio
29.5%
2024
32.7%
2024
Government debt per person
$2,763
2024
$314
2024
Government debt per person rank
107/185
2024
177/185
2024
Average annual personal income after taxes
$8,501
2026
$1,276
2026
Income share by richest 10%
25.1%
2011
29.5%
2022
Income share by poorest 10%
2.9%
2011
2.8%
2022
Government expenditure, % of GDP
43.3%
2024
18.8%
2024
Consumer prices inflation
1.7%
2023-2024
5.1%
2023-2024
Unemployment rate
10.7%
2024
1.14%
2018
Population
3116111
21893857

Spending and national debt comparison by year

Bosnia and Herzegovina
Spending

Debt
Chad
Spending

Debt
1x
Year % of GDP
Bosnia Chad
Government spending Government debt Government spending Government debt
2024 43.3% 29.5% 18.8% 32.7%
2023 41.7% 29% 17.1% 32.2%
2022 39.4% 31.2% 12.6% 32.1%
2021 40.6% 35.8% 13% 41.6%
2020 45.4% 37.2% 14.1% 41.7%
2019 39.9% 32.8% 10.6% 38.4%
2018 40.4% 34.5% 9.73% 33.8%
2017 40% 38.6% 11.3% 39.2%
2016 41.5% 44.9% 11.2% 40.1%
2015 42.7% 46.4% 13.8% 31.3%
2014 46.2% 47.1% 16.9% 29.4%
2013 44.5% 43.8% 16.6% 22.3%
2012 46.9% 43.6% 16.6% 20%
2011 46.4% 40.9% 16.3% 22.3%
2010 48.7% 42.2% 18.5% 22.9%
2009 49% 36.4% 19.8% 23.9%
2008 48.4% 30.3% 14.6% 15.7%
2007 45.2% 18.2% 13.6% 17.6%
2006 44.2% 20.6% 10.7% 20.1%
2005 44.5% 24.9% 8.87% 22%
2004 45.6% 25.5% 9.84% 25.2%
2003 47.3% 27.6% 14.9% 34.4%
2002 47.4% 31.1% 13.8% 42%
2001 50.2% 35.1% 12% 43.5%
2000 56.2% 34.6% 14% 52.4%
1999 57.5% 56% 12.9% 44.7%
1998 54.4% 54.4% 10.1% 34.7%
1997 - - 12% 41.3%
1996 - - 12% 40.5%
1995 - - 12.3% 41.1%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1995–1998, retrieved 2026-02-20).

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

In 2024, Bosnia and Herzegovina's government spending was $12.8B, accounting for 43.3% of its GDP, while Chad spent $3.67B, or 18.8% of GDP.

Debt-to-GDP ratio is 29.5% in Bosnia and Herzegovina and 32.7% in Chad, ranking 159/185 and 151/185, respectively.

Government deficit by year

Deficit/surplus
Bosnia and Herzegovina

Chad
1x
Year Deficit/surplus, % of GDP
Bosnia Chad
2024 -1.88% -2.11%
2023 -1.67% -1.26%
2022 0.15% 3.79%
2021 -0.18% -1.29%
2020 -4.5% 1.24%
2019 1.37% -0.11%
2018 1.63% 1.39%
2017 1.79% -0.18%
2016 0.34% -1.51%
2015 -0.19% -3.29%
2014 -2.87% -3.22%
2013 -1.28% -1.5%
2012 -2.68% 0.33%
2011 -2.73% 1.75%
2010 -4.06% -3.16%
2009 -5.34% -8.44%
2008 -3.82% 2.82%
2007 0.17% 2.02%
2006 2.08% 1.7%
2005 0.74% -0.05%
2004 -0.18% -1.84%
2003 -0.44% -4.32%
2002 -2.99% -4.08%
2001 -3.44% -3.53%
2000 -4.63% -4.68%
1999 -2.78% -4.07%
1998 -0.98% -1.73%
1997 - -2.58%
1996 - -2.86%
1995 - -3.12%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2024, retrieved 2026-02-20).

GeoRank.org/economy/bosnia-and-herzegovina/chad | 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 Chad's deficit of $412M, or 2.11% of GDP.

Over the past 27 years, Bosnia and Herzegovina recorded a fiscal deficit in 19 of those years, while Chad ran a deficit in 19 years. On average, Bosnia and Herzegovina posted an annual deficit equal to 1.42% of GDP, compared to deficit of 1.31% of GDP for Chad.

Inflation comparison by year

Inflation
Bosnia and Herzegovina

Chad
1x
Year Consumer prices inflation
Bosnia Chad
2024 1.7% 5.1%
2023 6.1% 2.3%
2022 14% 5.8%
2021 2% -0.8%
2020 -1.1% 4.5%
2019 0.6% -1%
2018 1.4% 4%
2017 0.8% -0.9%
2016 -1.6% -1.6%
2015 -1% 4.8%
2014 -0.9% -5.5%
2013 -0.1% 0.2%
2012 2.1% 7.5%
2011 4% 2%
2010 2.1% -2.1%
2009 -0.4% 10.1%
2008 7.4% 8.3%
2007 1.5% -7.4%
2006 6.1% 9.6%
2005 3.6% 4.4%
2004 0.3% -4.8%
2003 0.5% -1.8%
2002 0.3% 5.2%
2001 3.2% 12.4%
2000 5% 3.8%
1999 2.8% -8.4%
1998 -0.3% 4.3%
1997 5.7% 5.6%

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

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

Over the past 28 years, Bosnia and Herzegovina has recorded an average annual inflation rate of 2.35%, compared with 2.34% in Chad. In 2024, inflation was 1.7% in Bosnia and Herzegovina and 5.1% in Chad.

Top exports between countries

Bosnia
Export category Export value
Weapons & explosives $26K
Textiles & consumer goods $3K
Chad
Export category Export value
Raw agricultural goods $16K

Balance of trade

Bosnia Chad
Current account balance
-$1.03B
2024
-$37.7M
1994
Current account balance ranking
123/190
2024
82/190
1994
Current account balance, % of GDP
-3.47%
2024
-3.2%
1994
Goods imports
$14.8B
2024
$212M
1994
Goods exports
$8.36B
2024
$135M
1994
Service imports
$1.27B
2024
$199M
1994
Service exports
$3.74B
2024
$54.8M
1994
Imports of goods and services, % of GDP
54.3%
2024
18.1%
2024
Exports of goods and services, % of GDP
40.9%
2024
29.8%
2024

Economic freedom indices

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

Bosnia Chad
Economic freedom 63.1 51.2
Economic freedom ranking 83/197 154/197
Property rights 46.9 17.2
Government integrity 36.8 15.2
Judicial effectiveness 36.1 15
Tax burden 93.9 77.9
Government spending 48.4 92.2
Fiscal health 96.2 97.9
Business freedom 65.1 27.4
Labor freedom 62.7 53.7
Monetary freedom 77.5 71.6
Trade freedom 69 46.4
Investment freedom 65 60
Financial freedom 60 40

Economic freedom comparison by year

Bosnia and Herzegovina
Chad
1x
Year Economic freedom index
Bosnia Chad
2026 63.1 51.2
2025 63.5 52.2
2024 62 51.4
2023 62.9 52
2022 63.4 49.8
2021 62.9 50.4
2020 62.6 50.2
2019 61.9 49.9
2018 61.4 49.3
2017 60.2 49
2016 58.6 46.3
2015 59 45.9
2014 58.4 44.5
2013 57.3 45.2
2012 57.3 44.8
2011 57.5 45.3
2010 56.2 47.5
2009 53.1 47.5
2008 53.9 47.8
2007 54.4 50.1
2006 55.6 50
2005 48.8 52.1
2004 44.7 53.1
2003 40.6 52.6
2002 37.4 49.2
2001 36.6 46.4
2000 45.1 46.8
1999 29.4 47.2
1998 29.4 46.6
1997 - 45.1

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

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

The Economic Freedom Index for Bosnia and Herzegovina is 63.1, ranking 83/197, compared to 51.2 for Chad, ranking 154/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Bosnia Chad
Services, % of GDP
56.6%
2024
29.8%
2024
Industry, % of GDP
22.4%
2024
28.7%
2024
Agriculture, forestry, and fishing, % of GDP
4.53%
2024
37.7%
2024
GNI, Atlas method
$27.8B
2024
$19.1B
2024
GNI per capita, PPP
$24,990
2024
$2,710
2024
Total reserves including gold
$9.42B
2024
$1.05B
2023
Total reserves ranking
79/177
2024
140/177
2023
Net foreign direct investment
-$885M
2024
-$26.5M
1994
Net inflows of foreign direct investment
$1B
2024
$1.02B
2024
Net outflows of foreign direct investment
$119M
2024
$0
2024
Servicing debt to the IMF, % of GNI
4.93%
2024
1.9%
2024
Poverty at national poverty lines
16.9%
2015
44.8%
2022
Gross capital formation, % of GDP
27.5%
2024
26.8%
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/chad | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1995–2024, 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. International Monetary Fund (IMF) | Public Finances in Modern History (1995–1998, retrieved 2026-02-20)
  6. TradeMap (2020–2024, retrieved 2026-02-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  8. 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.