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

Updated on by Georank team

Bosnia and Herzegovina has a GDP of $29.6B compared to $25.2B for Haiti, ranking 111/197 and 117/197 by economy size, respectively.

Bosnia and Herzegovina has $8.74B in government debt (29.5% of GDP), compared to $3.91B (15.5% of GDP) in Haiti.

Bosnia and Herzegovina vs Haiti GDP by year

Bosnia and Herzegovina
Haiti
1x
Year GDP, current $
Bosnia Haiti
2024 $29,613,572,023 $25,224,154,991
2023 $27,592,361,498 $19,850,585,722
2022 $24,534,663,636 $20,253,551,921
2021 $23,672,712,121 $20,944,387,976
2020 $20,226,038,370 $14,508,222,518
2019 $20,482,608,984 $15,016,090,930
2018 $20,484,058,033 $16,403,864,618
2017 $18,326,373,136 $15,093,357,161
2016 $17,116,926,554 $14,069,277,526
2015 $16,404,348,361 $14,849,629,309
2014 $18,558,734,107 $15,146,883,498
2013 $18,179,109,209 $14,902,488,604
2012 $17,226,735,996 $13,708,925,477
2011 $18,644,233,537 $13,008,746,039
2010 $17,176,315,804 $11,859,312,725
2009 $17,613,949,091 $11,597,002,835
2008 $19,112,796,623 $10,432,962,635
2007 $15,778,734,264 $9,228,637,768
2006 $12,864,841,906 $7,638,739,123
2005 $11,222,796,337 $7,030,149,730
2004 $10,156,541,221 $6,087,360,684
2003 $8,498,894,359 $5,071,947,798
2002 $6,728,220,983 $6,205,847,214
2001 $5,800,615,375 $6,331,970,324
2000 $5,567,772,769 $6,813,566,099
1999 $4,686,256,363 $4,153,725,884
1998 $4,116,774,301 $3,723,903,724
1997 $3,671,909,673 $3,338,949,152
1996 $2,786,045,322 $2,907,517,604
1995 $1,866,572,954 $2,813,313,279
1994 $1,255,802,469 $2,167,569,046
1993 $3,630,668,950 $1,878,253,767
1992 $4,735,044,707 $2,257,129,792
1991 $6,122,959,184 $3,473,562,628
1990 $7,753,478,261 $3,096,289,800
1989 - $2,736,243,800
1988 - $2,613,926,800
1987 - $2,047,200,000
1986 - $2,318,000,000
1985 - $2,009,400,000
1984 - $1,816,200,000
1983 - $1,623,600,000
1982 - $1,474,200,000
1981 - $1,479,400,000
1980 - $1,383,800,000
1979 - $1,080,600,000
1978 - $974,200,000
1977 - $947,000,000
1976 - $879,000,000
1975 - $681,400,000
1974 - $565,399,322
1973 - $466,798,973
1972 - $371,998,958
1971 - $362,800,000
1970 - $331,200,000
1969 - $391,820,400
1968 - $367,968,800
1967 - $369,124,200
1966 - $368,948,600
1965 - $353,251,800
1964 - $325,281,200
1963 - $294,883,400
1962 - $281,896,800
1961 - $271,066,000
1960 - $273,187,200

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

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

GDP per capita in Bosnia and Herzegovina vs Haiti by year

Bosnia and Herzegovina
GDP per capita

GDP per capita, PPP
Haiti
GDP per capita

GDP per capita, PPP
1x
Year Current $
Bosnia Haiti
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $9,359 $25,043 $2,143 $3,194
2023 $8,663 $23,376 $1,706 $3,292
2022 $7,656 $21,651 $1,761 $3,275
2021 $7,295 $18,287 $1,841 $3,145
2020 $6,130 $16,370 $1,290 $3,103
2019 $6,122 $16,429 $1,352 $3,237
2018 $6,048 $14,859 $1,496 $3,197
2017 $5,345 $13,627 $1,395 $3,339
2016 $4,929 $12,899 $1,318 $3,253
2015 $4,662 $11,845 $1,411 $3,026
2014 $5,206 $11,168 $1,460 $3,076
2013 $5,035 $10,808 $1,458 $3,042
2012 $4,694 $10,121 $1,361 $2,830
2011 $4,983 $9,761 $1,312 $2,858
2010 $4,506 $9,086 $1,210 $2,695
2009 $4,540 $8,698 $1,197 $2,855
2008 $4,842 $8,587 $1,095 $2,724
2007 $3,931 $7,686 $985 $2,647
2006 $3,166 $6,869 $829 $2,504
2005 $2,740 $5,956 $776 $2,427
2004 $2,453 $5,407 $683 $2,322
2003 $2,034 $4,917 $579 $2,331
2002 $1,607 $4,665 $721 $2,248
2001 $1,388 $4,307 $749 $2,230
2000 $1,338 $4,148 $821 $2,229
1999 $1,135 $3,875 $510 $2,201
1998 $1,007 $3,524 $465 $2,152
1997 $914 $3,041 $425 $2,122
1996 $719 $2,269 $377 $2,070
1995 $502 $1,507 $372 $1,989
1994 $337 $1,269 $292.1 $1,807
1993 $930 $1,067 $258.1 $2,048
1992 $1,118 $982 $316 $2,158
1991 $1,373 $975 $497 $2,273
1990 $1,743 $1,043 $452 $2,202
1989 - - $407 -
1988 - - $397 -
1987 - - $318 -
1986 - - $367 -
1985 - - $325 -
1984 - - $299.2 -
1983 - - $272.8 -
1982 - - $252.6 -
1981 - - $258.5 -
1980 - - $246.5 -
1979 - - $196.2 -
1978 - - $180.3 -
1977 - - $178.7 -
1976 - - $169.1 -
1975 - - $133.6 -
1974 - - $113 -
1973 - - $95.1 -
1972 - - $77.3 -
1971 - - $76.8 -
1970 - - $71.5 -
1969 - - $86.1 -
1968 - - $82.4 -
1967 - - $84.2 -
1966 - - $85.7 -
1965 - - $83.6 -
1964 - - $78.5 -
1963 - - $72.4 -
1962 - - $70.4 -
1961 - - $69 -
1960 - - $70.8 -

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

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

Bosnia and Herzegovina's GDP per capita is $9,359, ranking 87/197, compared to $2,143 in Haiti, ranking 153/197. Adjusted for purchasing power (GDP per capita PPP), Bosnia and Herzegovina ranks 83rd at $25,043, while Haiti ranks 177th at $3,194.

Economic indicators

Bosnia Haiti
Gross domestic product
$29.6B
2024
$25.2B
2024
GDP rank
111/197
2024
117/197
2024
GDP growth
2.97%
2023-2024
-4.17%
2023-2024
GDP per capita
$9,359
2024
$2,143
2024
GDP per capita rank
87/197
2024
153/197
2024
GDP per capita, PPP
$25,043
2024
$3,194
2024
GDP per capita PPP rank
83/197
2024
177/197
2024
Government debt
$8.74B
2024
$3.91B
2024
Debt-to-GDP ratio
29.5%
2024
15.5%
2024
Government debt per person
$2,763
2024
$332
2024
Government debt per person rank
107/185
2024
176/185
2024
Average annual personal income after taxes
$8,501
2026
$1,896
2026
Income share by richest 10%
25.1%
2011
31.2%
2012
Income share by poorest 10%
2.9%
2011
2.1%
2012
Government expenditure, % of GDP
43.3%
2024
5.25%
2024
Consumer prices inflation
1.7%
2023-2024
26.9%
2023-2024
Unemployment rate
10.7%
2024
14.1%
2012
Population
3116111
12076663

Spending and national debt comparison by year

Bosnia and Herzegovina
Spending

Debt
Haiti
Spending

Debt
1x
Year % of GDP
Bosnia Haiti
Government spending Government debt Government spending Government debt
2024 43.3% 29.5% 5.25% 15.5%
2023 41.7% 29% 6.46% 28.5%
2022 39.4% 31.2% 8.33% 29.5%
2021 40.6% 35.8% 9.42% 28.9%
2020 45.4% 37.2% 9.86% 22.3%
2019 39.9% 32.8% 9.59% 26.5%
2018 40.4% 34.5% 11.3% 24.1%
2017 40% 38.6% 10.2% 22.5%
2016 41.5% 44.9% 10.5% 24.4%
2015 42.7% 46.4% 12.7% 23.9%
2014 46.2% 47.1% 14.6% 21.4%
2013 44.5% 43.8% 15.9% 25.1%
2012 46.9% 43.6% 16.4% 24.1%
2011 46.4% 40.9% 14.1% 22.3%
2010 48.7% 42.2% 12.6% 24.9%
2009 49% 36.4% 11.6% 19.4%
2008 48.4% 30.3% 11.2% 33.9%
2007 45.2% 18.2% 11.1% 24.4%
2006 44.2% 20.6% 9.67% 32.2%
2005 44.5% 24.9% 8.75% 29.7%
2004 45.6% 25.5% 7.38% 30.4%
2003 47.3% 27.6% 7.83% 37.8%
2002 47.4% 31.1% 6.64% 32%
2001 50.2% 35.1% 6.11% 28.8%
2000 56.2% 34.6% 6.25% 32.5%
1999 57.5% 56% 6.91% 24.1%
1998 54.4% 54.4% 5.4% 24%
1997 - - 5.46% 26.2%
1996 - - - 26.2%
1995 - - - 26.2%
1994 - - - 35.3%
1993 - - - 98%
1992 - - - 118.9%
1991 - - - 80.7%
1990 - - - 85.1%
1989 - - - 98.7%
1988 - - - 90.9%
1987 - - 32.4% 58.6%
1986 - - 15.1% 26.5%
1985 - - 17.4% 25.6%
1984 - - 16.9% 27.3%
1983 - - 21.9% 28.9%
1982 - - 20.7% 25.5%
1981 - - 17.4% 23.7%
1980 - - 17.2% 20.3%
1979 - - 13.1% 19.8%
1978 - - 18.9% 20.1%
1977 - - 16.7% 18.5%
1976 - - 13.4% 14.9%
1975 - - 12.8% 14.2%
1974 - - 9.24% 13.3%
1973 - - 9.4% 8.92%
1972 - - 11.2% 11.1%
1971 - - 11.2% 11%
1970 - - 11.4% 12.5%
1969 - - 10.1% -
1968 - - 10.3% -
1967 - - 7.52% -
1966 - - 7.2% -
1965 - - 7.91% -
1964 - - - -
1963 - - 8.95% -
1962 - - - -
1961 - - - -
1960 - - 7.34% 21.6%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1997–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1996, retrieved 2026-02-20).

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

In 2024, Bosnia and Herzegovina's government spending was $12.8B, accounting for 43.3% of its GDP, while Haiti spent $1.32B, or 5.25% of GDP.

Debt-to-GDP ratio is 29.5% in Bosnia and Herzegovina and 15.5% in Haiti, ranking 159/185 and 177/185, respectively.

Government deficit by year

Deficit/surplus
Bosnia and Herzegovina

Haiti
1x
Year Deficit/surplus, % of GDP
Bosnia Haiti
2024 -1.88% 6.96%
2023 -1.67% 0.77%
2022 0.15% -1.75%
2021 -0.18% -2.45%
2020 -4.5% -1.96%
2019 1.37% -1.99%
2018 1.63% -1.13%
2017 1.79% -0.32%
2016 0.34% 0.12%
2015 -0.19% -1.47%
2014 -2.87% -3.64%
2013 -1.28% -3.98%
2012 -2.68% -2.71%
2011 -2.73% -1.43%
2010 -4.06% -1.5%
2009 -5.34% -2%
2008 -3.82% -1.8%
2007 0.17% -1.55%
2006 2.08% -0.91%
2005 0.74% -0.83%
2004 -0.18% -1.34%
2003 -0.44% -2.24%
2002 -2.99% -1.8%
2001 -3.44% -1.55%
2000 -4.63% -1.36%
1999 -2.78% -1.54%
1998 -0.98% 0.21%
1997 - 0.37%
1996 - -
1995 - -
1994 - -
1993 - -
1992 - -
1991 - -
1990 - -
1989 - -
1988 - -
1987 - -4.94%
1986 - -1.4%
1985 - -0.97%
1984 - -3.52%
1983 - -5.72%
1982 - -3.93%
1981 - -4.38%
1980 - -5.68%
1979 - -2.21%
1978 - -3.24%
1977 - -2.85%
1976 - -1.16%
1975 - -1.73%
1974 - 0.23%
1973 - 0.03%
1972 - 0.24%
1971 - -0.08%
1970 - -0.19%
1969 - -0.39%
1968 - -0.46%
1967 - 0%
1966 - 0%
1965 - 0%
1964 - -
1963 - 0%
1962 - -
1961 - -
1960 - 0.006%
1959 - -1.11%
1958 - -2.21%
1957 - 0.28%
1956 - -2.18%
1955 - -0.86%
1954 - -0.81%
1953 - -1.01%
1952 - -
1951 - -
1950 - -
1949 - -0.12%
1948 - 0.21%
1947 - 1.06%
1946 - 0.51%
1945 - 0.47%
1944 - -
1943 - -
1942 - -
1941 - -0.21%
1940 - 0.13%
1939 - -0.16%
1938 - 0.15%
1937 - -0.08%
1936 - -0.06%
1935 - -0.2%
1934 - -1.23%
1933 - 0%
1932 - 0.4%
1931 - -0.49%
1930 - -0.52%
1929 - -0.32%
1928 - -0.25%
1927 - 0.73%
1926 - -0.45%
1925 - 0.05%
1924 - -0.14%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1924–1987, retrieved 2026-02-20); International Monetary Fund (IMF) | Fiscal Monitor (1997–2024, retrieved 2026-02-20).

GeoRank.org/economy/bosnia-and-herzegovina/haiti | 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 Haiti's surplus of $1.76B, or 6.96% of GDP.

Over the past 27 years, Bosnia and Herzegovina recorded a fiscal deficit in 19 of those years, while Haiti ran a deficit in 23 years. On average, Bosnia and Herzegovina posted an annual deficit equal to 1.42% of GDP, compared to deficit of 1.23% of GDP for Haiti.

Inflation comparison by year

Inflation
Bosnia and Herzegovina

Haiti
1x
Year Consumer prices inflation
Bosnia Haiti
2024 1.7% 26.9%
2023 6.1% 36.8%
2022 14% 34%
2021 2% 16.8%
2020 -1.1% 22.8%
2019 0.6% 18.7%
2018 1.4% 12.5%
2017 0.8% 10.7%
2016 -1.6% 11.5%
2015 -1% 6.73%
2014 -0.9% 3.44%
2013 -0.1% 4.77%
2012 2.1% 5.02%
2011 4% 6.33%
2010 2.1% 4.83%
2009 -0.4% 0.39%
2008 7.4% 15.3%
2007 1.5% 6.56%
2006 6.1% 11.3%
2005 3.6% 14%
2004 0.3% 21%
2003 0.5% 28.7%
2002 0.3% 7.03%
2001 3.2% 13.3%
2000 5% 9.33%
1999 2.8% 3%
1998 -0.3% 5.27%
1997 5.7% 20.6%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

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

Over the past 28 years, Bosnia and Herzegovina has recorded an average annual inflation rate of 2.35%, compared with 13.5% in Haiti. In 2024, inflation was 1.7% in Bosnia and Herzegovina and 26.9% in Haiti.

Top exports between countries

Bosnia
Export category Export value
Metals $217K
Wood & paper products $7K
Machinery & equipment $2K
Haiti
Export category Export value

Balance of trade

Bosnia Haiti
Current account balance
-$1.03B
2024
-$145M
2024
Current account balance ranking
123/190
2024
92/190
2024
Current account balance, % of GDP
-3.47%
2024
-0.58%
2024
Goods imports
$14.8B
2024
$4.27B
2024
Goods exports
$8.36B
2024
$767M
2024
Service imports
$1.27B
2024
$518M
2024
Service exports
$3.74B
2024
$96.6M
2024
Imports of goods and services, % of GDP
54.3%
2024
18.8%
2024
Exports of goods and services, % of GDP
40.9%
2024
3.4%
2024

Economic freedom indices

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

Bosnia Haiti
Economic freedom 63.1 46.1
Economic freedom ranking 83/197 178/197
Property rights 46.9 6.6
Government integrity 36.8 13
Judicial effectiveness 36.1 17.3
Tax burden 93.9 81.7
Government spending 48.4 98.7
Fiscal health 96.2 99.5
Business freedom 65.1 30.7
Labor freedom 62.7 54.7
Monetary freedom 77.5 45.1
Trade freedom 69 66.4
Investment freedom 65 20
Financial freedom 60 20

Economic freedom comparison by year

Bosnia and Herzegovina
Haiti
1x
Year Economic freedom index
Bosnia Haiti
2026 63.1 46.1
2025 63.5 46.1
2024 62 48.2
2023 62.9 49.9
2022 63.4 50
2021 62.9 50.8
2020 62.6 52.3
2019 61.9 52.7
2018 61.4 55.8
2017 60.2 49.6
2016 58.6 51.3
2015 59 51.3
2014 58.4 48.9
2013 57.3 48.1
2012 57.3 50.7
2011 57.5 52.1
2010 56.2 50.8
2009 53.1 50.5
2008 53.9 49
2007 54.4 51.4
2006 55.6 49.2
2005 48.8 48.4
2004 44.7 51.2
2003 40.6 50.6
2002 37.4 47.9
2001 36.6 47.1
2000 45.1 45.7
1999 29.4 45.9
1998 29.4 45.7
1997 - 45.8
1996 - 41
1995 - 43

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

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

The Economic Freedom Index for Bosnia and Herzegovina is 63.1, ranking 83/197, compared to 46.1 for Haiti, ranking 178/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Bosnia Haiti
Services, % of GDP
56.6%
2024
48.3%
2024
Industry, % of GDP
22.4%
2024
33.4%
2024
Agriculture, forestry, and fishing, % of GDP
4.53%
2024
15.9%
2024
GNI, Atlas method
$27.8B
2024
$20.7B
2024
GNI per capita, PPP
$24,990
2024
$3,190
2024
Total reserves including gold
$9.42B
2024
$2.72B
2024
Total reserves ranking
79/177
2024
121/177
2024
Net foreign direct investment
-$885M
2024
-$20M
2024
Net inflows of foreign direct investment
$1B
2024
$20M
2024
Net outflows of foreign direct investment
$119M
2024
$0
2024
Servicing debt to the IMF, % of GNI
4.93%
2024
2.15%
2024
Poverty at national poverty lines
16.9%
2015
58.5%
2012
Gross capital formation, % of GDP
27.5%
2024
9.94%
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/haiti | 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 (1997–2024, retrieved 2026-02-20)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1924–1996, retrieved 2026-02-20)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  5. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  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.