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Economy of Bosnia and Herzegovina vs East Timor compared: GDP & Debt

Updated on by Georank

Bosnia and Herzegovina has a GDP of $32.6B compared to $1.9B for East Timor, ranking 110/197 and 181/197 by economy size, respectively.

Bosnia and Herzegovina has $9.76B in government debt (29.9% of GDP), compared to $273M (14.3% of GDP) in East Timor.

Bosnia and Herzegovina vs East Timor GDP by year

Bosnia and Herzegovina
East Timor
1x
Year GDP, current $
Bosnia East Timor
2025 $32,599,982,936 $1,902,180,258
2024 $29,737,363,103 $1,865,608,515
2023 $27,592,361,498 $2,079,767,200
2022 $24,534,663,636 $3,208,599,900
2021 $23,672,712,121 $3,625,024,300
2020 $20,226,038,370 $2,162,619,200
2019 $20,482,608,984 $2,032,550,400
2018 $20,484,058,033 $1,555,988,600
2017 $18,326,373,136 $1,584,878,400
2016 $17,116,926,554 $1,640,464,600
2015 $16,404,348,361 $1,590,282,400
2014 $18,558,734,107 $1,447,535,200
2013 $18,179,109,209 $1,395,727,400
2012 $17,226,735,996 $1,160,555,000
2011 $18,644,233,537 $1,042,534,600
2010 $17,176,315,804 $881,909,300
2009 $17,613,949,091 $726,937,800
2008 $19,112,796,623 $648,523,600
2007 $15,778,734,264 $542,795,400
2006 $12,864,841,906 $453,792,400
2005 $11,222,796,337 $462,268,000
2004 $10,156,541,221 $440,772,000
2003 $8,498,894,359 $490,439,100
2002 $6,728,220,983 $469,455,500
2001 $5,800,615,375 $477,359,300
2000 $5,567,772,769 $366,924,300
1999 $4,686,256,363 $225,357,600
1998 $4,116,774,301 $325,729,800
1997 $3,671,909,673 $319,972,700
1996 $2,786,045,322 $306,956,900
1995 $1,866,572,954 $262,819,900
1994 $1,255,802,469 $239,040,500
1993 $3,630,668,950 $216,914,400
1992 $4,735,044,707 $187,891,500
1991 $6,122,959,184 $147,713,000
1990 $7,753,478,261 $128,210,142

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

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

GDP per capita in Bosnia and Herzegovina vs East Timor by year

Bosnia and Herzegovina
GDP per capita

GDP per capita, PPP
East Timor
GDP per capita

GDP per capita, PPP
1x
Year Current $
Bosnia East Timor
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $10,382 - $1,341 -
2024 $9,398 $25,043 $1,332 $4,423
2023 $8,663 $23,376 $1,502 $4,807
2022 $7,656 $21,651 $2,343 $5,730
2021 $7,295 $18,287 $2,685 $6,825
2020 $6,130 $16,370 $1,631 $6,132
2019 $6,122 $16,429 $1,562 $4,557
2018 $6,048 $14,859 $1,219 $3,561
2017 $5,345 $13,627 $1,266 $3,463
2016 $4,929 $12,899 $1,336 $3,391
2015 $4,662 $11,845 $1,320 $3,108
2014 $5,206 $11,168 $1,225 $2,860
2013 $5,035 $10,808 $1,205 $2,566
2012 $4,694 $10,121 $1,023 $2,386
2011 $4,983 $9,761 $939 $2,066
2010 $4,506 $9,086 $813 $1,955
2009 $4,540 $8,698 $687 $1,810
2008 $4,842 $8,587 $628 $1,675
2007 $3,931 $7,686 $540 $1,516
2006 $3,166 $6,869 $465 $1,377
2005 $2,740 $5,956 $487 $1,435
2004 $2,453 $5,407 $474 $1,379
2003 $2,034 $4,917 $535 $1,355
2002 $1,607 $4,665 $534 $1,417
2001 $1,388 $4,307 $588 $1,619
2000 $1,338 $4,148 $492 $1,483
1999 $1,135 $3,875 $270 $819
1998 $1,007 $3,524 $346 $1,108
1997 $914 $3,041 $349 $1,149
1996 $719 $2,269 $344 $1,116
1995 $502 $1,507 $303 $1,043
1994 $337 $1,269 $283.1 $985
1993 $930 $1,067 $264.1 $925
1992 $1,118 $982 $235.1 $843
1991 $1,373 $975 $189.8 $766
1990 $1,743 $1,043 $168.6 $685

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

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

Bosnia and Herzegovina's GDP per capita is $10,382, ranking 87/197, compared to $1,341 in East Timor, ranking 168/197. Adjusted for purchasing power (GDP per capita PPP), Bosnia and Herzegovina ranks 83rd at $25,043, while East Timor ranks 163rd at $4,423.

Economic indicators

Bosnia East Timor
Gross domestic product
$32.6B
2025
$1.9B
2025
GDP rank
110/197
2025
181/197
2025
GDP growth
2.13%
2024-2025
6.98%
2024-2025
GDP per capita
$10,382
2025
$1,341
2025
GDP per capita rank
87/197
2025
168/197
2025
GDP per capita, PPP
$25,043
2024
$4,423
2024
GDP per capita PPP rank
83/197
2024
163/197
2024
Government debt
$9.76B
2025
$273M
2025
Debt-to-GDP ratio
29.9%
2025
14.3%
2025
Government debt per person
$3,108
2025
$192.3
2025
Government debt per person rank
104/185
2025
182/185
2025
Average annual personal income after taxes
$9,479
2026
$1,644
2026
Income share by richest 10%
23.6%
2021
24%
2014
Income share by poorest 10%
3.3%
2021
4%
2014
Government expenditure, % of GDP
44.9%
2025
93.9%
2025
Consumer prices inflation
4%
2024-2025
0.5%
2024-2025
Unemployment rate
10.7%
2024
1.54%
2022
Population
3114736
1446322

Spending and national debt comparison by year

Bosnia and Herzegovina
Spending

Debt
East Timor
Spending

Debt
1x
Year % of GDP
Bosnia East Timor
Government spending Government debt Government spending Government debt
2025 44.9% 29.9% 93.9% 14.3%
2024 43.3% 29.4% 98% 14.4%
2023 41.9% 29% 78.6% 12.4%
2022 39.4% 31.2% 59.9% 7.9%
2021 40.6% 35.8% 45.7% 6.53%
2020 45.4% 37.2% 61.7% 10.1%
2019 39.9% 32.8% 68.8% 9.51%
2018 40.4% 34.5% 85.5% 9.31%
2017 40% 38.6% 87.3% 6.71%
2016 41.5% 44.9% 112.2% 4.71%
2015 42.7% 46.4% 98.1% 2.95%
2014 46.2% 47.1% 111% 1.52%
2013 43.8% 43.8% 96.1% 0.46%
2012 47.9% 43.6% 129.3% 0.002%
2011 46.4% 40.9% 133.3% 0%
2010 48.7% 42.2% 121.3% 0%
2009 49% 36.4% 121.8% 0%
2008 48.4% 30.3% 122.4% 0%
2007 45.2% 18.2% 75.8% 0%
2006 44.2% 20.6% 59.8% 0%
2005 44.5% 24.9% 58.3% 0%
2004 45.6% 25.5% 74.2% 0%
2003 47.3% 27.6% 80.1% 0%
2002 47.4% 31.1% 93.5% 0%
2001 50.2% 35.1% 95.7% 0%
2000 56.2% 34.6% - -
1999 57.5% 56% - -
1998 54.4% 54.4% - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1998–2025, retrieved 2026-07-08).

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

In 2025, Bosnia and Herzegovina's government spending was $14.6B, accounting for 44.9% of its GDP, while East Timor spent $1.79B, or 93.9% of GDP.

Debt-to-GDP ratio is 29.9% in Bosnia and Herzegovina and 14.3% in East Timor, ranking 156/185 and 178/185, respectively.

Government deficit by year

Deficit/surplus
Bosnia and Herzegovina

East Timor
1x
Year Deficit/surplus, % of GDP
Bosnia East Timor
2025 -2.41% -48%
2024 -1.96% -47%
2023 -1.67% -34.7%
2022 0.15% -29.5%
2021 -0.18% -20.1%
2020 -4.5% -18.9%
2019 1.37% -25.4%
2018 1.63% -26.9%
2017 1.79% -33.8%
2016 0.34% -55.7%
2015 -0.19% -33.2%
2014 -2.87% -37.5%
2013 -2.19% -14.4%
2012 -3.76% -38.7%
2011 -2.73% -25.4%
2010 -4.06% -19.8%
2009 -5.34% -17.2%
2008 -3.82% -18.6%
2007 0.17% -29.9%
2006 2.08% 41%
2005 0.74% -10.5%
2004 -0.18% -7.48%
2003 -0.44% -8.24%
2002 -2.99% -7.64%
2001 -3.44% 3.24%
2000 -4.63% -
1999 -2.78% -
1998 -0.98% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1998–2025, retrieved 2026-07-08).

GeoRank.org/economy/bosnia-and-herzegovina/east-timor | 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 East Timor's deficit of $914M, or 48% of GDP.

Over the past 25 years, Bosnia and Herzegovina recorded a fiscal deficit in 17 of those years, while East Timor ran a deficit in 23 years. On average, Bosnia and Herzegovina posted an annual deficit equal to 1.38% of GDP, compared to deficit of 22.6% of GDP for East Timor.

Inflation comparison by year

Inflation
Bosnia and Herzegovina

East Timor
1x
Year Consumer prices inflation
Bosnia East Timor
2025 4% 0.5%
2024 1.7% 2.1%
2023 6.1% 8.4%
2022 14% 7%
2021 2% 3.8%
2020 -1% 0.5%
2019 0.6% 0.9%
2018 1.4% 2.3%
2017 0.8% 0.5%
2016 -1.6% -1.5%
2015 -1% 0.6%
2014 -0.9% 0.8%
2013 -0.1% 9.5%
2012 2.1% 10.9%
2011 4% 13.2%
2010 2.1% 5.2%
2009 -0.4% -0.2%
2008 7.4% 7.4%
2007 1.5% 8.6%
2006 6.1% 5.2%
2005 3.6% 1.6%
2004 0.3% 2.2%
2003 0.5% 8%
2002 0.3% 4.1%
2001 3.2% 3.6%
2000 5% -
1999 2.8% -
1998 -0.3% -
1997 5.7% -

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

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

Over the past 25 years, Bosnia and Herzegovina has recorded an average annual inflation rate of 2.27%, compared with 4.21% in East Timor. In 2025, inflation was 4% in Bosnia and Herzegovina and 0.5% in East Timor.

Balance of trade

Bosnia East Timor
Current account balance
-$1.02B
2025
-$701M
2025
Current account balance ranking
117/190
2025
109/190
2025
Current account balance, % of GDP
-3.14%
2025
-36.9%
2025
Goods imports
$16.3B
2025
$842M
2025
Goods exports
$9.5B
2025
$126M
2025
Service imports
$1.42B
2025
$475M
2025
Service exports
$3.92B
2025
$147M
2025
Imports of goods and services, % of GDP
54.1%
2025
84.9%
2024
Exports of goods and services, % of GDP
41%
2025
10.6%
2024

Economic freedom indices

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

Bosnia East Timor
Economic freedom 63.1 47.9
Economic freedom ranking 83/197 173/197
Property rights 46.9 43.5
Government integrity 36.8 43.9
Judicial effectiveness 36.1 34.5
Tax burden 93.9 97.1
Government spending 48.4 0
Fiscal health 96.2 19.6
Business freedom 65.1 62.7
Labor freedom 62.7 56.5
Monetary freedom 77.5 72.2
Trade freedom 69 79.8
Investment freedom 65 45
Financial freedom 60 20

Economic freedom comparison by year

Bosnia and Herzegovina
East Timor
1x
Year Economic freedom index
Bosnia East Timor
2026 63.1 47.9
2025 63.5 47.9
2024 62 50.2
2023 62.9 47.2
2022 63.4 46.3
2021 62.9 44.7
2020 62.6 45.9
2019 61.9 44.2
2018 61.4 48.1
2017 60.2 46.3
2016 58.6 45.8
2015 59 45.5
2014 58.4 43.2
2013 57.3 43.7
2012 57.3 43.3
2011 57.5 42.8
2010 56.2 45.8
2009 53.1 50.5
2008 53.9 -
2007 54.4 -
2006 55.6 -
2005 48.8 -
2004 44.7 -
2003 40.6 -
2002 37.4 -
2001 36.6 -
2000 45.1 -
1999 29.4 -
1998 29.4 -

Data sources: The Heritage Foundation | Economic Freedom Index (1998–2026, retrieved 2026-07-08).

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

The Economic Freedom Index for Bosnia and Herzegovina is 63.1, ranking 83/197, compared to 47.9 for East Timor, ranking 173/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Bosnia East Timor
Services, % of GDP
57.7%
2025
71.6%
2024
Industry, % of GDP
21.5%
2025
11.8%
2024
Agriculture, forestry, and fishing, % of GDP
4.36%
2025
20.2%
2024
GNI, Atlas method
$31.2B
2025
$2.14B
2025
GNI per capita, PPP
$25,810
2025
$5,120
2025
Total reserves including gold
$9.42B
2024
$851M
2025
Total reserves ranking
83/177
2024
145/177
2025
Net foreign direct investment
-$526M
2025
-$253M
2025
Net inflows of foreign direct investment
$1B
2024
$225M
2024
Net outflows of foreign direct investment
$119M
2024
$4.5M
2024
Servicing debt to the IMF, % of GNI
4.91%
2024
1.23%
2024
Poverty at national poverty lines
16.9%
2015
41.8%
2014
Gross capital formation, % of GDP
28.7%
2025
30.1%
2024

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).

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

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Data sources:

  1. World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1998–2025, retrieved 2026-07-08)
  3. The Heritage Foundation | Economic Freedom Index (1998–2026, retrieved 2026-07-08)
  4. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  6. 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.