Bosnia and Herzegovina vs Croatia: Economic Indicators Comparison
Croatia with a GDP of $61B ranked the 76th largest economy in the world, while Bosnia and Herzegovina ranked 115th with $20.2B. By GDP 5-years average growth and GDP per capita, Croatia and Bosnia and Herzegovina ranked 118th vs 105th and 63rd vs 101st, respectively.
Gross Domestic Product & Income
| Stat |  Bosnia and Herzegovina |  Croatia |
|---|---|---|
| GDP | $20.2B | $61B |
| GDP growth, 1 year | 3.1% | 2.7% |
| GDP growth, 5-years average | 2.7% | 2.3% |
| Population | 3.5M | 4.1M |
| GDP per capita | $6.1k | $15k |
| GDP per capita growth | 4.48% | 3.51% |
| Purchasing Power Parity conversion factor | 0.69 | 3.39 |
| Price level ratio of PPP conversion factor GDP to market exchange rate | 0.41 | 0.54 |
| GDP per capita, PPP adjusted | $13k | $26k |
| GNI, Atlas method | $19.1B | $57.2B |
| GNI per capita | $5.7k | $14k |
| GNI, PPP adjusted | $48.5B | $111.1B |
| GNI per capita, PPP adjusted | $15k | $27k |
Financial system and Human development
| Stat | Bosnia and Herzegovina | Croatia |
|---|---|---|
| Income Tax Rate | 10% | 40% |
| Corporate Tax Rate | 10% | 18% |
| Inflation, consumer prices | 1.4% | 1.5% |
| Inflation, GDP deflator | 2.8% | 1.8% |
| Unemployment | 20.8% | 8.9% |
| Economic Freedom Index | 62.6 | 62.2 |
| Personal Freedom Index | 8 | 8.08 |
| Human Freedom Index | 7.27 | 7.46 |
| Property Rights Index | 44.4 | 69.9 |
| Judical Effectiveness Index | 33.9 | 39.6 |
| Business Freedom Index | 45.7 | 53.6 |
| Fiscal Health Index | 97.3 | 89.1 |
| Labor Freedom Index | 67.4 | 44 |
| Investment Freedom Index | 65 | 75 |
| Financial Freedom Index | 60 | 60 |
| Trade Freedom Index | 80 | 86.4 |
| Monetary Freedom Index | 82.7 | 77.6 |
| Government Spending Index | 49.3 | 34.7 |
| Tax Burden Index | 83.6 | 65.9 |
| Government Integrity Index | 41.8 | 51 |
| Corruption Perceptions Index | 38 | 48 |
| Life expectancy at birth, years | 77.1 | 77.8 |
| Suicide mortality rate, per 100,000 people | 8.8 | 16.5 |
| Mortality caused by road traffic injury, per 100,000 people | 15.7 | 8.1 |
| Intentional homicides, per 100,000 people | 1.2 | 1.1 |
| International tourism, number of arrivals | 1.1M | 16.6M |
Government debt & reserves
| Stat | Bosnia and Herzegovina | Croatia |
|---|---|---|
| Central government debt, % of GDP | 37% | 73.9% |
| External debt stocks, % of GNI | 80.4% | N/A |
| External debt stocks | $15.8B | N/A |
| Short-term debt, % of total reserves | 3.9% | N/A |
| Total debt service, % of exports and primary income | 10.8% | N/A |
| Adjusted net savings including particulate emission damage, % of GNI | N/A | 10.8% |
| Gross savings, % of GDP | 15.2% | 24.2% |
| Gross capital formation, % of GDP | 20.9% | 23.1% |
| Total reserves including gold | $6.8B | $20B |
| Foreign direct investment net inflows | $488.9M | $1.3B |
Exports, imports and economic structure
| Stat | Bosnia and Herzegovina | Croatia |
|---|---|---|
| Exports of goods and services, % of GDP | 40.6% | 50.5% |
| Imports of goods and services, % of GDP | 55.8% | 51.4% |
| Current account balance (balance of payments) | -$750.6M | $1.5B |
| Revenue excluding grants, % of GDP | 38.9% | 39.7% |
| Grants excluding technical cooperation, BoP | $226.2M | $260k |
| Personal remittances received | $2.1B | $2.9B |
| Industry including construction value added, % of GDP | 24.5% | 20.4% |
| Agriculture, forestry and fishing value added, % of GDP | 5.9% | 2.9% |
| Charges for the use of intellectual property, payments BoP | $8.4M | $309.7M |
| Charges for the use of intellectual property, receipts BoP | $26.8M | $63.2M |
| Expense, % of GDP | 35.1% | 38.5% |
| Government Expenditure, % of GDP | 41.1% | 46.6% |
