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

Updated on by Georank

Bosnia and Herzegovina has a GDP of $32.6B compared to $391B for the Czech Republic, ranking 110/197 and 42/197 by economy size, respectively.

Bosnia and Herzegovina has $9.76B in government debt (29.9% of GDP), compared to $174B (44.6% of GDP) in the Czech Republic.

Bosnia and Herzegovina vs Czech Republic GDP by year

Bosnia and Herzegovina
Czech Republic
1x
Year GDP, current $
Bosnia Czech Republic
2025 $32,599,982,936 $391,026,962,800
2024 $29,737,363,103 $347,082,562,221
2023 $27,592,361,498 $345,059,295,660
2022 $24,534,663,636 $301,831,228,326
2021 $23,672,712,121 $290,972,714,482
2020 $20,226,038,370 $251,109,660,603
2019 $20,482,608,984 $256,794,209,029
2018 $20,484,058,033 $251,992,360,762
2017 $18,326,373,136 $221,563,575,696
2016 $17,116,926,554 $198,160,659,304
2015 $16,404,348,361 $189,107,698,562
2014 $18,558,734,107 $210,911,285,078
2013 $18,179,109,209 $213,024,360,541
2012 $17,226,735,996 $210,363,223,088
2011 $18,644,233,537 $231,429,378,717
2010 $17,176,315,804 $211,168,667,286
2009 $17,613,949,091 $206,971,882,705
2008 $19,112,796,623 $236,506,264,754
2007 $15,778,734,264 $190,040,702,287
2006 $12,864,841,906 $156,236,258,387
2005 $11,222,796,337 $137,264,185,596
2004 $10,156,541,221 $120,147,899,984
2003 $8,498,894,359 $100,435,924,705
2002 $6,728,220,983 $82,607,869,610
2001 $5,800,615,375 $68,135,304,464
2000 $5,567,772,769 $62,175,642,238
1999 $4,686,256,363 $65,586,562,605
1998 $4,116,774,301 $67,187,217,328
1997 $3,671,909,673 $62,539,765,163
1996 $2,786,045,322 $67,804,105,330
1995 $1,866,572,954 $60,572,381,311
1994 $1,255,802,469 $48,188,478,339
1993 $3,630,668,950 $41,155,654,032
1992 $4,735,044,707 $35,051,065,440
1991 $6,122,959,184 $30,071,014,282
1990 $7,753,478,261 $41,016,881,802

Data sources: World Bank | Economy & Growth (1990–2025, retrieved 2026-07-08).

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

GDP per capita in Bosnia and Herzegovina vs Czech Republic by year

Bosnia and Herzegovina
GDP per capita

GDP per capita, PPP
Czech Republic
GDP per capita

GDP per capita, PPP
1x
Year Current $
Bosnia Czech Republic
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $10,382 - $35,917 -
2024 $9,398 $25,043 $31,828 $57,285
2023 $8,663 $23,376 $31,762 $55,761
2022 $7,656 $21,651 $28,282 $52,947
2021 $7,295 $18,287 $27,696 $47,796
2020 $6,130 $16,370 $23,473 $44,839
2019 $6,122 $16,429 $24,063 $45,614
2018 $6,048 $14,859 $23,706 $41,638
2017 $5,345 $13,627 $20,913 $39,346
2016 $4,929 $12,899 $18,754 $36,445
2015 $4,662 $11,845 $17,932 $34,093
2014 $5,206 $11,168 $20,038 $32,743
2013 $5,035 $10,808 $20,260 $31,013
2012 $4,694 $10,121 $20,014 $29,466
2011 $4,983 $9,761 $22,049 $29,237
2010 $4,506 $9,086 $20,160 $28,154
2009 $4,540 $8,698 $19,817 $27,713
2008 $4,842 $8,587 $22,775 $27,938
2007 $3,931 $7,686 $18,453 $26,268
2006 $3,166 $6,869 $15,259 $23,914
2005 $2,740 $5,956 $13,442 $22,115
2004 $2,453 $5,407 $11,783 $20,988
2003 $2,034 $4,917 $9,852 $19,604
2002 $1,607 $4,665 $8,101 $18,344
2001 $1,388 $4,307 $6,669 $17,709
2000 $1,338 $4,148 $6,063 $16,332
1999 $1,135 $3,875 $6,378 $15,494
1998 $1,007 $3,524 $6,527 $15,064
1997 $914 $3,041 $6,069 $14,911
1996 $719 $2,269 $6,573 $14,781
1995 $502 $1,507 $5,865 $13,957
1994 $337 $1,269 $4,663 $12,862
1993 $930 $1,067 $3,984 $12,242
1992 $1,118 $982 $3,397 $11,963
1991 $1,373 $975 $2,917 $11,768
1990 $1,743 $1,043 $3,969 $12,848

Data sources: World Bank | Economy & Growth (1990–2025, retrieved 2026-07-08).

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

Bosnia and Herzegovina's GDP per capita is $10,382, ranking 87/197, compared to $35,917 in the Czech Republic, ranking 35/197. Adjusted for purchasing power (GDP per capita PPP), Bosnia and Herzegovina ranks 83rd at $25,043, while the Czech Republic ranks 35th at $57,285.

Economic indicators

Bosnia Czech Republic
Gross domestic product
$32.6B
2025
$391B
2025
GDP rank
110/197
2025
42/197
2025
GDP growth
2.13%
2024-2025
2.58%
2024-2025
GDP per capita
$10,382
2025
$35,917
2025
GDP per capita rank
87/197
2025
35/197
2025
GDP per capita, PPP
$25,043
2024
$57,285
2024
GDP per capita PPP rank
83/197
2024
35/197
2024
Government debt
$9.76B
2025
$174B
2025
Debt-to-GDP ratio
29.9%
2025
44.6%
2025
Government debt per person
$3,108
2025
$16,026
2025
Government debt per person rank
104/185
2025
42/185
2025
Average annual personal income after taxes
$9,479
2026
$22,312
2026
Market capitalization of domestic companies n/a
$55.4B
2025
Number of billionaires n/a
11
2026
Income share by richest 10%
23.6%
2021
21.5%
2023
Income share by poorest 10%
3.3%
2021
3.8%
2023
Government expenditure, % of GDP
44.9%
2025
43.5%
2025
Consumer prices inflation
4%
2024-2025
2.46%
2024-2025
Central bank interest rate n/a
3.5%
2025
Unemployment rate
10.7%
2024
2.8%
2025
Population
3114736
10742283

Spending and national debt comparison by year

Bosnia and Herzegovina
Spending

Debt
Czech Republic
Spending

Debt
1x
Year % of GDP
Bosnia Czech Republic
Government spending Government debt Government spending Government debt
2025 44.9% 29.9% 43.5% 44.6%
2024 43.3% 29.4% 42.9% 43.3%
2023 41.9% 29% 43.7% 42.2%
2022 39.4% 31.2% 43% 42.5%
2021 40.6% 35.8% 45% 40.7%
2020 45.4% 37.2% 46.3% 36.9%
2019 39.9% 32.8% 40.4% 29.6%
2018 40.4% 34.5% 40.1% 31.7%
2017 40% 38.6% 38.5% 33.8%
2016 41.5% 44.9% 39.4% 36.2%
2015 42.7% 46.4% 41.7% 39.5%
2014 46.2% 47.1% 42.3% 41.5%
2013 43.8% 43.8% 42.4% 44.1%
2012 47.9% 43.6% 44.4% 43.8%
2011 46.4% 40.9% 42.8% 39.4%
2010 48.7% 42.2% 43.2% 36.7%
2009 49% 36.4% 44.5% 33.4%
2008 48.4% 30.3% 40.9% 28.2%
2007 45.2% 18.2% 40.5% 27.3%
2006 44.2% 20.6% 41.5% 27.6%
2005 44.5% 24.9% 42.3% 27.7%
2004 45.6% 25.5% 42.2% 28.3%
2003 47.3% 27.6% 49% 28.1%
2002 47.4% 31.1% 44.4% 25.7%
2001 50.2% 35.1% 43.1% 22.6%
2000 56.2% 34.6% 40.6% 16.9%
1999 57.5% 56% 40.9% 15.1%
1998 54.4% 54.4% 41.6% 13.9%
1997 - - 41.3% 12.1%
1996 - - 41.4% 11.5%
1995 - - 52.8% 13.5%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2025, retrieved 2026-07-08).

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

In 2025, Bosnia and Herzegovina's government spending was $14.6B, accounting for 44.9% of its GDP, while the Czech Republic spent $170B, or 43.5% of GDP.

Debt-to-GDP ratio is 29.9% in Bosnia and Herzegovina and 44.6% in the Czech Republic, ranking 156/185 and 119/185, respectively.

Government deficit by year

Deficit/surplus
Bosnia and Herzegovina

Czech Republic
1x
Year Deficit/surplus, % of GDP
Bosnia Czech Republic
2025 -2.41% -2.03%
2024 -1.96% -2.03%
2023 -1.67% -3.73%
2022 0.15% -3.07%
2021 -0.18% -4.95%
2020 -4.5% -5.65%
2019 1.37% 0.28%
2018 1.63% 0.88%
2017 1.79% 1.46%
2016 0.34% 0.68%
2015 -0.19% -0.67%
2014 -2.87% -2.09%
2013 -2.19% -1.3%
2012 -3.76% -3.92%
2011 -2.73% -2.71%
2010 -4.06% -4.14%
2009 -5.34% -5.46%
2008 -3.82% -2%
2007 0.17% -0.68%
2006 2.08% -2.19%
2005 0.74% -3.06%
2004 -0.18% -2.4%
2003 -0.44% -6.87%
2002 -2.99% -6.34%
2001 -3.44% -5.76%
2000 -4.63% -3.55%
1999 -2.78% -3.08%
1998 -0.98% -4.14%
1997 - -3.14%
1996 - -2.98%
1995 - -12.3%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2025, retrieved 2026-07-08).

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

In 2025, Bosnia and Herzegovina's government deficit, the difference between spending and revenue, was $784M, equivalent to 2.41% of GDP. This compares to the Czech Republic's deficit of $7.92B, or 2.03% of GDP.

Over the past 28 years, Bosnia and Herzegovina recorded a fiscal deficit in 20 of those years, while the Czech Republic ran a deficit in 24 years. On average, Bosnia and Herzegovina posted an annual deficit equal to 1.53% of GDP, compared to deficit of 2.8% of GDP for the Czech Republic.

Inflation comparison by year

Inflation
Bosnia and Herzegovina

Czech Republic
1x
Year Consumer prices inflation
Bosnia Czech Republic
2025 4% 2.46%
2024 1.7% 2.44%
2023 6.1% 10.7%
2022 14% 15.1%
2021 2% 3.84%
2020 -1% 3.16%
2019 0.6% 2.85%
2018 1.4% 2.15%
2017 0.8% 2.45%
2016 -1.6% 0.68%
2015 -1% 0.31%
2014 -0.9% 0.34%
2013 -0.1% 1.44%
2012 2.1% 3.29%
2011 4% 1.92%
2010 2.1% 1.47%
2009 -0.4% 1.02%
2008 7.4% 6.36%
2007 1.5% 2.85%
2006 6.1% 2.53%
2005 3.6% 1.86%
2004 0.3% 2.76%
2003 0.5% 0.12%
2002 0.3% 1.9%
2001 3.2% 4.66%
2000 5% 3.78%
1999 2.8% 2.14%
1998 -0.3% 10.7%
1997 5.7% 8.6%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08); World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

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

Over the past 29 years, Bosnia and Herzegovina has recorded an average annual inflation rate of 2.41%, compared with 3.58% in the Czech Republic. In 2025, inflation was 4% in Bosnia and Herzegovina and 2.46% in the Czech Republic.

Top exports between countries

Bosnia
Export category Export value
Weapons & explosives $56.6M
Textiles & consumer goods $55.6M
Machinery & equipment $31.4M
Raw materials & minerals $23.9M
Transport & tourism services $17.2M
Metals $14.1M
Wood & paper products $7.6M
IT & IP services $6.6M
Precious metals & jewellery $5.52M
Chemicals & pharma $5.27M
Czech Republic
Export category Export value
Machinery & equipment $129M
Textiles & consumer goods $33M
Chemicals & pharma $29.3M
Metals $28.6M
Raw materials & minerals $16.8M
Processed food, beverages & tobacco $13.2M
Wood & paper products $8.31M
Animal & marine products $3.32M
Weapons & explosives $2.64M
Miscellaneous $2.55M

Balance of trade

Bosnia Czech Republic
Current account balance
-$1.02B
2025
$2.44B
2025
Current account balance ranking
117/190
2025
41/190
2025
Current account balance, % of GDP
-3.14%
2025
+0.62%
2025
Goods imports
$16.3B
2025
$197B
2025
Goods exports
$9.5B
2025
$215B
2025
Service imports
$1.42B
2025
$42.9B
2025
Service exports
$3.92B
2025
$47.5B
2025
Imports of goods and services, % of GDP
54.1%
2025
61.1%
2025
Exports of goods and services, % of GDP
41%
2025
66.9%
2025

Economic freedom indices

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

Bosnia Czech Republic
Economic freedom 63.1 73.2
Economic freedom ranking 83/197 25/197
Property rights 46.9 89.8
Government integrity 36.8 64.7
Judicial effectiveness 36.1 92.1
Tax burden 93.9 78.8
Government spending 48.4 44.2
Fiscal health 96.2 82.5
Business freedom 65.1 76.8
Labor freedom 62.7 55.1
Monetary freedom 77.5 75
Trade freedom 69 79.4
Investment freedom 65 70
Financial freedom 60 70

Economic freedom comparison by year

Bosnia and Herzegovina
Czech Republic
1x
Year Economic freedom index
Bosnia Czech Republic
2026 63.1 73.2
2025 63.5 72.9
2024 62 70.2
2023 62.9 71.9
2022 63.4 74.4
2021 62.9 73.8
2020 62.6 74.8
2019 61.9 73.7
2018 61.4 74.2
2017 60.2 73.3
2016 58.6 73.2
2015 59 72.5
2014 58.4 72.2
2013 57.3 70.9
2012 57.3 69.9
2011 57.5 70.4
2010 56.2 69.8
2009 53.1 69.4
2008 53.9 68.1
2007 54.4 67.4
2006 55.6 66.4
2005 48.8 64.6
2004 44.7 67
2003 40.6 67.5
2002 37.4 66.5
2001 36.6 70.2
2000 45.1 68.6
1999 29.4 69.7
1998 29.4 68.4
1997 - 68.8
1996 - 68.1
1995 - 67.8

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

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

The Economic Freedom Index for Bosnia and Herzegovina is 63.1, ranking 83/197, compared to 73.2 for the Czech Republic, ranking 25/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Bosnia Czech Republic
Services, % of GDP
57.7%
2025
60.8%
2025
Industry, % of GDP
21.5%
2025
28.7%
2025
Agriculture, forestry, and fishing, % of GDP
4.36%
2025
1.95%
2025
GNI, Atlas method
$31.2B
2025
$359B
2025
GNI per capita, PPP
$25,810
2025
$57,870
2025
Total reserves including gold
$9.42B
2024
$176B
2025
Total reserves ranking
83/177
2024
21/177
2025
Net foreign direct investment
-$526M
2025
-$1.88B
2025
Net inflows of foreign direct investment
$1B
2024
$13.5B
2024
Net outflows of foreign direct investment
$119M
2024
$12.9B
2024
Servicing debt to the IMF, % of GNI
4.91%
2024
n/a
Poverty at national poverty lines
16.9%
2015
10.2%
2021
Gross capital formation, % of GDP
28.7%
2025
26.8%
2025

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

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Data sources:

  1. World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1995–2025, retrieved 2026-07-08)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  4. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. TradeMap (2023–2025, retrieved 2026-07-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  7. LivingCost (2026, retrieved 2026-07-08)

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.