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

Updated on by Georank team

Bosnia and Herzegovina has a GDP of $29.6B compared to $17.5B for Kyrgyzstan, ranking 111/197 and 135/197 by economy size, respectively.

Bosnia and Herzegovina has $8.74B in government debt (29.5% of GDP), compared to $6.56B (37.5% of GDP) in Kyrgyzstan.

Bosnia and Herzegovina vs Kyrgyzstan GDP by year

Bosnia and Herzegovina
Kyrgyzstan
1x
Year GDP, current $
Bosnia Kyrgyzstan
2024 $29,613,572,023 $17,478,259,659
2023 $27,592,361,498 $15,180,842,369
2022 $24,534,663,636 $12,134,931,018
2021 $23,672,712,121 $9,249,133,946
2020 $20,226,038,370 $8,270,468,614
2019 $20,482,608,984 $9,371,275,264
2018 $20,484,058,033 $8,271,106,235
2017 $18,326,373,136 $7,702,938,379
2016 $17,116,926,554 $6,813,095,379
2015 $16,404,348,361 $6,678,177,512
2014 $18,558,734,107 $7,468,102,413
2013 $18,179,109,209 $7,335,033,801
2012 $17,226,735,996 $6,605,142,884
2011 $18,644,233,537 $6,197,765,984
2010 $17,176,315,804 $4,794,361,863
2009 $17,613,949,091 $4,690,061,381
2008 $19,112,796,623 $5,139,958,909
2007 $15,778,734,264 $3,802,570,553
2006 $12,864,841,906 $2,834,168,889
2005 $11,222,796,337 $2,460,246,766
2004 $10,156,541,221 $2,211,534,585
2003 $8,498,894,359 $1,919,008,090
2002 $6,728,220,983 $1,605,643,105
2001 $5,800,615,375 $1,525,116,370
2000 $5,567,772,769 $1,369,688,498
1999 $4,686,256,363 $1,249,061,487
1998 $4,116,774,301 $1,645,963,750
1997 $3,671,909,673 $1,767,864,036
1996 $2,786,045,322 $1,827,570,586
1995 $1,866,572,954 $1,661,147,035
1994 $1,255,802,469 $1,681,780,847
1993 $3,630,668,950 $2,026,019,253
1992 $4,735,044,707 $2,315,346,943
1991 $6,122,959,184 $2,542,256,424
1990 $7,753,478,261 $2,660,202,623

Data sources: World Bank | Economy & Growth (1990–2024, retrieved 2026-04-06).

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

GDP per capita in Bosnia and Herzegovina vs Kyrgyzstan by year

Bosnia and Herzegovina
GDP per capita

GDP per capita, PPP
Kyrgyzstan
GDP per capita

GDP per capita, PPP
1x
Year Current $
Bosnia Kyrgyzstan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $9,359 $25,043 $2,420 $8,012
2023 $8,663 $23,376 $2,138 $7,298
2022 $7,656 $21,651 $1,740 $6,578
2021 $7,295 $18,287 $1,350 $5,736
2020 $6,130 $16,370 $1,230 $5,179
2019 $6,122 $16,429 $1,422 $5,304
2018 $6,048 $14,859 $1,284 $4,778
2017 $5,345 $13,627 $1,221 $4,954
2016 $4,929 $12,899 $1,103 $4,604
2015 $4,662 $11,845 $1,106 $4,153
2014 $5,206 $11,168 $1,265 $4,228
2013 $5,035 $10,808 $1,270 $4,001
2012 $4,694 $10,121 $1,169 $3,589
2011 $4,983 $9,761 $1,117 $3,278
2010 $4,506 $9,086 $877 $3,076
2009 $4,540 $8,698 $870 $3,097
2008 $4,842 $8,587 $966 $3,031
2007 $3,931 $7,686 $722 $2,770
2006 $3,166 $6,869 $543 $2,508
2005 $2,740 $5,956 $477 $2,386
2004 $2,453 $5,407 $433 $2,343
2003 $2,034 $4,917 $381 $2,158
2002 $1,607 $4,665 $322 $1,998
2001 $1,388 $4,307 $308 $1,986
2000 $1,338 $4,148 $279.6 $1,862
1999 $1,135 $3,875 $258 $1,747
1998 $1,007 $3,524 $345 $1,687
1997 $914 $3,041 $376 $1,659
1996 $719 $2,269 $395 $1,505
1995 $502 $1,507 $364 $1,401
1994 $337 $1,269 $372 $1,466
1993 $930 $1,067 $449 $1,795
1992 $1,118 $982 $513 $2,075
1991 $1,373 $975 $570 $2,382
1990 $1,743 $1,043 $606 $2,544

Data sources: World Bank | Economy & Growth (1990–2024, retrieved 2026-04-06).

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

Bosnia and Herzegovina's GDP per capita is $9,359, ranking 87/197, compared to $2,420 in Kyrgyzstan, ranking 150/197. Adjusted for purchasing power (GDP per capita PPP), Bosnia and Herzegovina ranks 83rd at $25,043, while Kyrgyzstan ranks 141st at $8,012.

Economic indicators

Bosnia Kyrgyzstan
Gross domestic product
$29.6B
2024
$17.5B
2024
GDP rank
111/197
2024
135/197
2024
GDP growth
2.97%
2023-2024
9.04%
2023-2024
GDP per capita
$9,359
2024
$2,420
2024
GDP per capita rank
87/197
2024
150/197
2024
GDP per capita, PPP
$25,043
2024
$8,012
2024
GDP per capita PPP rank
83/197
2024
141/197
2024
Government debt
$8.74B
2024
$6.56B
2024
Debt-to-GDP ratio
29.5%
2024
37.5%
2024
Government debt per person
$2,763
2024
$908
2024
Government debt per person rank
107/185
2024
144/185
2024
Average annual personal income after taxes
$8,501
2026
$4,187
2026
Income share by richest 10%
25.1%
2011
23%
2023
Income share by poorest 10%
2.9%
2011
4.3%
2023
Government expenditure, % of GDP
43.3%
2024
33.7%
2024
Consumer prices inflation
1.7%
2023-2024
5%
2023-2024
Central bank interest rate n/a
10%
2025
Unemployment rate
10.7%
2024
3.5%
2023
Population
3116111
7471102

Spending and national debt comparison by year

Bosnia and Herzegovina
Spending

Debt
Kyrgyzstan
Spending

Debt
1x
Year % of GDP
Bosnia Kyrgyzstan
Government spending Government debt Government spending Government debt
2024 43.3% 29.5% 33.7% 37.5%
2023 41.7% 29% 32.9% 42%
2022 39.4% 31.2% 35% 46.8%
2021 40.6% 35.8% 32.1% 56.2%
2020 45.4% 37.2% 32.1% 63.6%
2019 39.9% 32.8% 30.8% 48.8%
2018 40.4% 34.5% 33.1% 54.8%
2017 40% 38.6% 37% 58.8%
2016 41.5% 44.9% 38.9% 59.1%
2015 42.7% 46.4% 38.1% 67.1%
2014 46.2% 47.1% 38.5% 53.6%
2013 44.5% 43.8% 38.1% 47.1%
2012 46.9% 43.6% 40.6% 50.5%
2011 46.4% 40.9% 37.4% 50.1%
2010 48.7% 42.2% 37.1% 59.7%
2009 49% 36.4% 32.5% 58.5%
2008 48.4% 30.3% 27.9% 49%
2007 45.2% 18.2% 29.6% 57.7%
2006 44.2% 20.6% 29.1% 73.4%
2005 44.5% 24.9% 29.1% 85.7%
2004 45.6% 25.5% 28.5% 92.7%
2003 47.3% 27.6% 28.1% 108.2%
2002 47.4% 31.1% 29.3% 107.9%
2001 50.2% 35.1% 28.1% 108.2%
2000 56.2% 34.6% 30.2% 123.3%
1999 57.5% 56% 35.9% 119.6%
1998 54.4% 54.4% 35.9% 85.1%
1997 - - 31.1% 64.8%
1996 - - 28.6% 57.7%
1995 - - 37.9% 52.4%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1995–1999, retrieved 2026-02-20).

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

In 2024, Bosnia and Herzegovina's government spending was $12.8B, accounting for 43.3% of its GDP, while Kyrgyzstan spent $5.89B, or 33.7% of GDP.

Debt-to-GDP ratio is 29.5% in Bosnia and Herzegovina and 37.5% in Kyrgyzstan, ranking 159/185 and 140/185, respectively.

Government deficit by year

Deficit/surplus
Bosnia and Herzegovina

Kyrgyzstan
1x
Year Deficit/surplus, % of GDP
Bosnia Kyrgyzstan
2024 -1.88% 1.87%
2023 -1.67% 1.59%
2022 0.15% -0.29%
2021 -0.18% -0.71%
2020 -4.5% -3.06%
2019 1.37% -0.07%
2018 1.63% -0.59%
2017 1.79% -3.73%
2016 0.34% -5.79%
2015 -0.19% -2.52%
2014 -2.87% -3.07%
2013 -1.28% -3.7%
2012 -2.68% -5.86%
2011 -2.73% -4.7%
2010 -4.06% -5.95%
2009 -5.34% 0.38%
2008 -3.82% 1.92%
2007 0.17% 1.28%
2006 2.08% -2.1%
2005 0.74% -3.79%
2004 -0.18% -4.89%
2003 -0.44% -5.17%
2002 -2.99% -5.9%
2001 -3.44% -6.75%
2000 -4.63% -10.7%
1999 -2.78% -13.5%
1998 -0.98% -12%
1997 - -9.3%
1996 - -9.1%
1995 - -13.5%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1995–2024, retrieved 2026-02-20).

GeoRank.org/economy/bosnia-and-herzegovina/kyrgyzstan | 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 Kyrgyzstan's surplus of $327M, or 1.87% of GDP.

Over the past 27 years, Bosnia and Herzegovina recorded a fiscal deficit in 19 of those years, while Kyrgyzstan ran a deficit in 22 years. On average, Bosnia and Herzegovina posted an annual deficit equal to 1.42% of GDP, compared to deficit of 3.62% of GDP for Kyrgyzstan.

Inflation comparison by year

Inflation
Bosnia and Herzegovina

Kyrgyzstan
1x
Year Consumer prices inflation
Bosnia Kyrgyzstan
2024 1.7% 5%
2023 6.1% 10.8%
2022 14% 13.9%
2021 2% 11.9%
2020 -1.1% 6.3%
2019 0.6% 1.1%
2018 1.4% 1.5%
2017 0.8% 3.2%
2016 -1.6% 0.4%
2015 -1% 6.5%
2014 -0.9% 7.5%
2013 -0.1% 6.6%
2012 2.1% 2.8%
2011 4% 16.6%
2010 2.1% 8%
2009 -0.4% 6.8%
2008 7.4% 24.5%
2007 1.5% 10.2%
2006 6.1% 5.6%
2005 3.6% 4.3%
2004 0.3% 4.1%
2003 0.5% 3%
2002 0.3% 2.1%
2001 3.2% 6.9%
2000 5% 19.7%
1999 2.8% 35.9%
1998 -0.3% 10.5%
1997 5.7% 23.4%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20).

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

Over the past 28 years, Bosnia and Herzegovina has recorded an average annual inflation rate of 2.35%, compared with 9.25% in Kyrgyzstan. In 2024, inflation was 1.7% in Bosnia and Herzegovina and 5% in Kyrgyzstan.

Top exports between countries

Bosnia
Export category Export value
Weapons & explosives $55K
Miscellaneous $40K
Machinery & equipment $36K
Metals $22K
Raw agricultural goods $15K
Chemicals & pharma $11K
Textiles & consumer goods $7K
Raw materials & minerals $4K
Kyrgyzstan
Export category Export value
Raw agricultural goods $170K
Machinery & equipment $126K
Chemicals & pharma $68K
Metals $21K
Raw materials & minerals $14K

Balance of trade

Bosnia Kyrgyzstan
Current account balance
-$1.03B
2024
-$5.18B
2022
Current account balance ranking
123/190
2024
167/190
2022
Current account balance, % of GDP
-3.47%
2024
-42.7%
2022
Goods imports
$14.8B
2024
$9.17B
2022
Goods exports
$8.36B
2024
$2.25B
2022
Service imports
$1.27B
2024
$1.48B
2022
Service exports
$3.74B
2024
$1.37B
2022
Imports of goods and services, % of GDP
54.3%
2024
84.2%
2024
Exports of goods and services, % of GDP
40.9%
2024
43.4%
2024

Economic freedom indices

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

Bosnia Kyrgyzstan
Economic freedom 63.1 56
Economic freedom ranking 83/197 126/197
Property rights 46.9 22.9
Government integrity 36.8 23.9
Judicial effectiveness 36.1 8.3
Tax burden 93.9 93.2
Government spending 48.4 65.6
Fiscal health 96.2 97.2
Business freedom 65.1 58.2
Labor freedom 62.7 52.3
Monetary freedom 77.5 68
Trade freedom 69 72.6
Investment freedom 65 60
Financial freedom 60 50

Economic freedom comparison by year

Bosnia and Herzegovina
Kyrgyzstan
1x
Year Economic freedom index
Bosnia Kyrgyzstan
2026 63.1 56
2025 63.5 55.6
2024 62 55.2
2023 62.9 55.8
2022 63.4 55.8
2021 62.9 63.7
2020 62.6 62.9
2019 61.9 62.3
2018 61.4 62.8
2017 60.2 61.1
2016 58.6 59.6
2015 59 61.3
2014 58.4 61.1
2013 57.3 59.6
2012 57.3 60.2
2011 57.5 61.1
2010 56.2 61.3
2009 53.1 61.8
2008 53.9 61.1
2007 54.4 60.2
2006 55.6 61
2005 48.8 56.6
2004 44.7 58
2003 40.6 56.8
2002 37.4 51.7
2001 36.6 53.7
2000 45.1 55.7
1999 29.4 54.8
1998 29.4 51.8

Data sources: The Heritage Foundation | Economic Freedom Index (1998–2026, retrieved 2026-03-09).

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

The Economic Freedom Index for Bosnia and Herzegovina is 63.1, ranking 83/197, compared to 56 for Kyrgyzstan, ranking 126/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Bosnia Kyrgyzstan
Services, % of GDP
56.6%
2024
52.1%
2024
Industry, % of GDP
22.4%
2024
24.7%
2024
Agriculture, forestry, and fishing, % of GDP
4.53%
2024
8.61%
2024
GNI, Atlas method
$27.8B
2024
$15.8B
2024
GNI per capita, PPP
$24,990
2024
$7,900
2024
Total reserves including gold
$9.42B
2024
$5.09B
2024
Total reserves ranking
79/177
2024
100/177
2024
Net foreign direct investment
-$885M
2024
-$509M
2022
Net inflows of foreign direct investment
$1B
2024
$705M
2024
Net outflows of foreign direct investment
$119M
2024
$20M
2024
Servicing debt to the IMF, % of GNI
4.93%
2024
4.74%
2024
Poverty at national poverty lines
16.9%
2015
25.7%
2024
Gross capital formation, % of GDP
27.5%
2024
29.8%
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/kyrgyzstan | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1995–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1998–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. TradeMap (2021–2024, retrieved 2026-02-08)
  6. International Monetary Fund (IMF) | Public Finances in Modern History (1995–1999, retrieved 2026-02-20)
  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.