Bosnia and Herzegovina vs Eritrea: Economic Indicators Comparison

Bosnia and Herzegovina with a GDP of $20.2B ranked the 115th largest economy in the world, while Eritrea ranked 170th with $2.6B. By GDP 5-years average growth and GDP per capita, Bosnia and Herzegovina and Eritrea ranked 105th vs 79th and 101st vs 178th, respectively.

Gross Domestic Product & Income

StatBosnia and HerzegovinaEritrea
GDP$20.2B$2.6B
GDP growth, 1 year3.1%4.2%
GDP growth, 5-years average2.7%3.3%
Population3.5M3.5M
GDP per capita$6.1k$811
GDP per capita growth4.48%7.21%
Purchasing Power Parity conversion factor0.695.93
Price level ratio of PPP conversion factor GDP to market exchange rate0.410.39
GDP per capita, PPP adjusted$13k$1.7k
GNI, Atlas method$19.1B$2.3B
GNI per capita$5.7k$720
GNI, PPP adjusted$48.5B$6.7B
GNI per capita, PPP adjusted$15k$2.1k

Financial system and Human development

StatBosnia and HerzegovinaEritrea
Income Tax Rate10%30%
Corporate Tax Rate10%30%
Inflation, consumer prices1.4%9%
Inflation, GDP deflator2.8%13.3%
Unemployment20.8%6.5%
Economic Freedom Index62.638.5
Personal Freedom Index84.8
Human Freedom Index7.274.8
Property Rights Index44.432.5
Judical Effectiveness Index33.914.3
Business Freedom Index45.718.2
Fiscal Health Index97.30
Labor Freedom Index67.469.7
Investment Freedom Index650
Financial Freedom Index6020
Trade Freedom Index8069.2
Monetary Freedom Index82.761
Government Spending Index49.374.7
Tax Burden Index83.681.4
Government Integrity Index41.821.4
Corruption Perceptions Index3824
Life expectancy at birth, years77.165.5
Suicide mortality rate, per 100,000 people8.87.9
Mortality caused by road traffic injury, per 100,000 people15.725.3
Intentional homicides, per 100,000 people1.28
International tourism, number of arrivals1.1M142k

Government debt & reserves

StatBosnia and HerzegovinaEritrea
Central government debt, % of GDP37%129.4%
External debt stocks, % of GNI80.4%40.8%
External debt stocks$15.8B$791.2M
Short-term debt, % of total reserves3.9%16%
Total debt service, % of exports and primary income10.8%4.3%
Adjusted net savings including particulate emission damage, % of GNIN/A0.5%
Gross savings, % of GDP15.2%15.8%
Gross capital formation, % of GDP20.9%10%
Total reserves including gold$6.8B$114.8M
Foreign direct investment net inflows$488.9M$61M

Exports, imports and economic structure

StatBosnia and HerzegovinaEritrea
Exports of goods and services, % of GDP40.6%14.4%
Imports of goods and services, % of GDP55.8%23.2%
Current account balance (balance of payments)-$750.6M-$104.7M
Revenue excluding grants, % of GDP38.9%N/A
Grants excluding technical cooperation, BoP$226.2M$82M
Personal remittances received$2.1B$3.3M
Industry including construction value added, % of GDP24.5%21.8%
Agriculture, forestry and fishing value added, % of GDP5.9%14.1%
Charges for the use of intellectual property, payments BoP$8.4M$281k
Charges for the use of intellectual property, receipts BoP$26.8M$94k
Expense, % of GDP35.1%N/A
Government Expenditure, % of GDP41.1%29.1%

Compare with countries close by GDP per capita

Bosnia and Herzegovina vs

CountryGDP
per capita
Population
Gabon
$8k
2.03M
Dominica
$7.7k
73.9k
Saint Vincent
$7.4k
110k
Thailand
$7.3k
65.9M
Serbia
$7.2k
7.02M
Libya
$7.2k
6.68M
Turkmenistan
$7k
5.85M
Peru
$6.9k
29.4M
Colombia
$6.7k
49.1M
South Africa
$6.4k
57.7M
Ecuador
$6.3k
16.6M
Belarus
$6.3k
9.41M
Fiji
$6.3k
906k
Suriname
$6.2k
563k
North Macedonia
$6.1k
2.08M
Namibia
$5.9k
2.53M
Iraq
$5.8k
38.3M
Paraguay
$5.8k
6.81M
Iran
$5.6k
80M
Jamaica
$5.4k
2.89M
Albania
$5.3k
3.02M
Guyana
$5k
778k
Belize
$4.9k
375k
Azerbaijan
$4.7k
10M
Georgia
$4.7k
3.72M
Guatemala
$4.5k
17.3M
Tonga
$4.4k
108k
Jordan
$4.2k
10.4M
Armenia
$4.2k
2.93M
Samoa
$4.2k
196k

Eritrea vs

CountryGDP
per capita
Population
Comoros
$1.4k
824k
Myanmar
$1.3k
53.4M
Lesotho
$1.3k
2.23M
Kyrgyzstan
$1.3k
6.2M
Mauritania
$1.2k
4.42M
South Sudan
$1.1k
12.6M
Tanzania
$1.1k
57.3M
Nepal
$1k
29.4M
Sudan
$977
40.5M
Yemen
$944
28.3M
Benin
$902
11.2M
Mali
$900
18.5M
Guinea
$879
12.7M
Haiti
$868
11M
Tajikistan
$827
8.92M
Guinea-Bissau
$778
1.86M
Rwanda
$773
12.2M
Ethiopia
$772
105M
Chad
$728
15.5M
Gambia
$716
2.1M
Burkina Faso
$715
19.2M
Togo
$679
7.8M
Liberia
$677
4.73M
Uganda
$643
42.9M
DR Congo
$562
86.8M
Sierra Leone
$534
7.56M
Madagascar
$528
25.6M
Afghanistan
$521
34.9M
Mozambique
$499
29.7M
Central African Republic
$476
4.66M