Bosnia and Herzegovina vs Ireland: Economic Indicators Comparison

Ireland with a GDP of $382.5B ranked the 33rd largest economy in the world, while Bosnia and Herzegovina ranked 115th with $20.2B. By GDP 5-years average growth and GDP per capita, Ireland and Bosnia and Herzegovina ranked 1st vs 105th and 7th vs 101st, respectively.

Gross Domestic Product & Income

StatBosnia and HerzegovinaIreland
GDP$20.2B$382.5B
GDP growth, 1 year3.1%6.8%
GDP growth, 5-years average2.7%10.5%
Population3.5M4.8M
GDP per capita$6.1k$79k
GDP per capita growth4.48%7.14%
Purchasing Power Parity conversion factor0.690.8
Price level ratio of PPP conversion factor GDP to market exchange rate0.410.95
GDP per capita, PPP adjusted$13k$79k
GNI, Atlas method$19.1B$297.9B
GNI per capita$5.7k$61k
GNI, PPP adjusted$48.5B$325.4B
GNI per capita, PPP adjusted$15k$67k

Financial system and Human development

StatBosnia and HerzegovinaIreland
Income Tax Rate10%41%
Corporate Tax Rate10%12.5%
Inflation, consumer prices1.4%0.7%
Inflation, GDP deflator2.8%0.8%
Unemployment20.8%5.7%
Economic Freedom Index62.680.9
Personal Freedom Index89.04
Human Freedom Index7.278.48
Property Rights Index44.486.6
Judical Effectiveness Index33.964.4
Business Freedom Index45.782.7
Fiscal Health Index97.391.4
Labor Freedom Index67.475.9
Investment Freedom Index6590
Financial Freedom Index6070
Trade Freedom Index8086.4
Monetary Freedom Index82.785.3
Government Spending Index49.378.8
Tax Burden Index83.676.4
Government Integrity Index41.882.8
Corruption Perceptions Index3873
Life expectancy at birth, years77.182
Suicide mortality rate, per 100,000 people8.811.5
Mortality caused by road traffic injury, per 100,000 people15.74.1
Intentional homicides, per 100,000 people1.20.9
International tourism, number of arrivals1.1M10.9M

Government debt & reserves

StatBosnia and HerzegovinaIreland
Central government debt, % of GDP37%65.2%
External debt stocks, % of GNI80.4%N/A
External debt stocks$15.8BN/A
Short-term debt, % of total reserves3.9%N/A
Total debt service, % of exports and primary income10.8%N/A
Adjusted net savings including particulate emission damage, % of GNIN/A16%
Gross savings, % of GDP15.2%36.6%
Gross capital formation, % of GDP20.9%23.8%
Total reserves including gold$6.8B$5.2B
Foreign direct investment net inflows$488.9M$64.5B

Exports, imports and economic structure

StatBosnia and HerzegovinaIreland
Exports of goods and services, % of GDP40.6%122.3%
Imports of goods and services, % of GDP55.8%89.2%
Current account balance (balance of payments)-$750.6M$40.9B
Revenue excluding grants, % of GDP38.9%24.2%
Grants excluding technical cooperation, BoP$226.2MN/A
Personal remittances received$2.1B$623.6M
Industry including construction value added, % of GDP24.5%36.8%
Agriculture, forestry and fishing value added, % of GDP5.9%0.9%
Charges for the use of intellectual property, payments BoP$8.4M$85.1B
Charges for the use of intellectual property, receipts BoP$26.8M$13.9B
Expense, % of GDP35.1%23.3%
Government Expenditure, % of GDP41.1%26.6%

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

Ireland vs

CountryGDP
per capita
Population
Monaco
$186k
38.7k
Liechtenstein
$165k
37.9k
Luxembourg
$117k
626k
Switzerland
$83k
8.47M
Norway
$82k
5.37M
Cayman Islands
$81k
58.4k
Iceland
$73k
357k
Qatar
$69k
2.64M
Singapore
$65k
5.89M
United States
$63k
325M
Denmark
$61k
5.83M
Australia
$57k
24.5M
Sweden
$55k
10.3M
Netherlands
$53k
17.3M
Austria
$51k
8.81M
Finland
$50k
5.5M
San Marino
$48k
33.4k
Germany
$48k
83.1M
Belgium
$48k
11.4M
Canada
$46k
37.9M
United Arab Emirates
$43k
9.4M
United Kingdom
$43k
66M
Andorra
$42k
76.2k
New Zealand
$42k
4.94M
Israel
$42k
9.09M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.3M
Kuwait
$34k
4.6M
Bahamas
$32k
395k