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

Updated on by Georank team

Bosnia and Herzegovina has a GDP of $29.6B compared to $74.1B for Myanmar, ranking 111/197 and 85/197 by economy size, respectively.

Bosnia and Herzegovina has $8.74B in government debt (29.5% of GDP), compared to $44B (59.3% of GDP) in Myanmar.

Bosnia and Herzegovina vs Myanmar GDP by year

Bosnia and Herzegovina
Myanmar
1x
Year GDP, current $
Bosnia Myanmar
2024 $29,613,572,023 $74,068,349,524
2023 $27,592,361,498 $66,757,619,000
2022 $24,534,663,636 $62,253,049,903
2021 $23,672,712,121 $66,345,291,149
2020 $20,226,038,370 $79,006,113,670
2019 $20,482,608,984 $75,065,106,243
2018 $20,484,058,033 $67,860,515,993
2017 $18,326,373,136 $66,053,040,475
2016 $17,116,926,554 $63,298,361,984
2015 $16,404,348,361 $59,607,290,408
2014 $18,558,734,107 $65,531,374,210
2013 $18,179,109,209 $60,269,732,855
2012 $17,226,735,996 $59,937,796,648
2011 $18,644,233,537 $59,977,326,086
2010 $17,176,315,804 $49,540,813,342
2009 $17,613,949,091 $36,906,181,381
2008 $19,112,796,623 $31,862,554,102
2007 $15,778,734,264 $20,182,477,481
2006 $12,864,841,906 $14,502,553,710
2005 $11,222,796,337 $11,986,972,419
2004 $10,156,541,221 $10,567,354,056
2003 $8,498,894,359 $10,467,109,978
2002 $6,728,220,983 $6,777,632,512
2001 $5,800,615,375 $6,477,790,688
2000 $5,567,772,769 $8,905,066,164
1999 $4,686,256,363 $8,486,832,801
1998 $4,116,774,301 $6,459,461,639
1997 $3,671,909,673 $4,722,288,496
1996 $2,786,045,322 $6,123,556,717
1995 $1,866,572,954 $5,289,174,943
1994 $1,255,802,469 $4,432,257,174
1993 $3,630,668,950 $3,163,020,035
1992 $4,735,044,707 $2,411,552,289
1991 $6,122,959,184 $2,069,832,687
1990 $7,753,478,261 $2,115,193,513
1989 - $2,013,448,229
1988 - $1,541,088,312
1987 - $1,562,448,077
1986 - $1,582,873,750
1985 - $1,478,908,173
1984 - $1,304,063,253
1983 - $1,381,573,615
1982 - $1,481,165,468
1981 - $1,111,000,765
1980 - $1,038,225,167
1979 - $952,265,043
1978 - $935,408,775
1977 - $873,579,932
1976 - $1,204,699,849
1975 - $1,061,107,354
1974 - $1,225,589,878
1973 - $719,754,655
1972 - $662,213,083
1971 - $587,448,405
1970 - $563,555,631
1969 - $571,854,215
1968 - $559,956,130
1967 - $420,359,036
1966 - $293,103,479
1965 - $367,053,117
1964 - $411,419,906
1963 - $598,998,419
1962 - $634,528,872
1961 - $605,581,577
1960 - $545,098,448

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

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

GDP per capita in Bosnia and Herzegovina vs Myanmar by year

Bosnia and Herzegovina
GDP per capita

GDP per capita, PPP
Myanmar
GDP per capita

GDP per capita, PPP
1x
Year Current $
Bosnia Myanmar
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $9,359 $25,043 $1,359 $5,997
2023 $8,663 $23,376 $1,233 $5,953
2022 $7,656 $21,651 $1,158 $5,732
2021 $7,295 $18,287 $1,243 $5,178
2020 $6,130 $16,370 $1,490 $5,741
2019 $6,122 $16,429 $1,426 $6,101
2018 $6,048 $14,859 $1,298 $5,581
2017 $5,345 $13,627 $1,273 $4,706
2016 $4,929 $12,899 $1,229 $4,460
2015 $4,662 $11,845 $1,167 $4,459
2014 $5,206 $11,168 $1,293 $4,376
2013 $5,035 $10,808 $1,199 $4,144
2012 $4,694 $10,121 $1,203 $3,845
2011 $4,983 $9,761 $1,214 $3,579
2010 $4,506 $9,086 $1,011 $3,348
2009 $4,540 $8,698 $758 $3,040
2008 $4,842 $8,587 $658 $2,748
2007 $3,931 $7,686 $419 $2,459
2006 $3,166 $6,869 $303 $2,153
2005 $2,740 $5,956 $252.7 $1,860
2004 $2,453 $5,407 $224.5 $1,601
2003 $2,034 $4,917 $224.3 $1,385
2002 $1,607 $4,665 $146.6 $1,204
2001 $1,388 $4,307 $141.5 $1,069
2000 $1,338 $4,148 $196.6 $949
1999 $1,135 $3,875 $189.5 $825
1998 $1,007 $3,524 $146 $742
1997 $914 $3,041 $108 $702
1996 $719 $2,269 $141.9 $661
1995 $502 $1,507 $124.1 $618
1994 $337 $1,269 $105.4 $573
1993 $930 $1,067 $76.2 $529
1992 $1,118 $982 $58.9 $494
1991 $1,373 $975 $51.2 $447
1990 $1,743 $1,043 $53.1 $441
1989 - - $51.3 -
1988 - - $39.9 -
1987 - - $41.1 -
1986 - - $42.4 -
1985 - - $40.4 -
1984 - - $36.3 -
1983 - - $39.3 -
1982 - - $43 -
1981 - - $32.8 -
1980 - - $31.2 -
1979 - - $29.2 -
1978 - - $29.3 -
1977 - - $27.9 -
1976 - - $39.2 -
1975 - - $35.2 -
1974 - - $41.4 -
1973 - - $24.8 -
1972 - - $23.3 -
1971 - - $21.1 -
1970 - - $20.7 -
1969 - - $21.5 -
1968 - - $21.5 -
1967 - - $16.5 -
1966 - - $11.8 -
1965 - - $15.1 -
1964 - - $17.3 -
1963 - - $25.8 -
1962 - - $27.9 -
1961 - - $27.3 -
1960 - - $25.1 -

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

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

Bosnia and Herzegovina's GDP per capita is $9,359, ranking 87/197, compared to $1,359 in Myanmar, ranking 165/197. Adjusted for purchasing power (GDP per capita PPP), Bosnia and Herzegovina ranks 83rd at $25,043, while Myanmar ranks 153rd at $5,997.

Economic indicators

Bosnia Myanmar
Gross domestic product
$29.6B
2024
$74.1B
2024
GDP rank
111/197
2024
85/197
2024
GDP growth
2.97%
2023-2024
-0.97%
2023-2024
GDP per capita
$9,359
2024
$1,359
2024
GDP per capita rank
87/197
2024
165/197
2024
GDP per capita, PPP
$25,043
2024
$5,997
2024
GDP per capita PPP rank
83/197
2024
153/197
2024
Government debt
$8.74B
2024
$44B
2024
Debt-to-GDP ratio
29.5%
2024
59.3%
2024
Government debt per person
$2,763
2024
$806
2024
Government debt per person rank
107/185
2024
150/185
2024
Average annual personal income after taxes
$8,501
2026
$1,646
2026
Income share by richest 10%
25.1%
2011
25.5%
2017
Income share by poorest 10%
2.9%
2011
3.8%
2017
Government expenditure, % of GDP
43.3%
2024
20.7%
2024
Consumer prices inflation
1.7%
2023-2024
8.83%
2018-2019
Unemployment rate
10.7%
2024
1.48%
2020
Population
3116111
55292116

Spending and national debt comparison by year

Bosnia and Herzegovina
Spending

Debt
Myanmar
Spending

Debt
1x
Year % of GDP
Bosnia Myanmar
Government spending Government debt Government spending Government debt
2024 43.3% 29.5% 20.7% 59.3%
2023 41.7% 29% 21.4% 59.1%
2022 39.4% 31.2% 21.3% 56.1%
2021 40.6% 35.8% 20.9% 63.4%
2020 45.4% 37.2% 21.3% 49.1%
2019 39.9% 32.8% 20.5% 37.6%
2018 40.4% 34.5% 18.7% 39.9%
2017 40% 38.6% 19.7% 41.9%
2016 41.5% 44.9% 21.3% 35.7%
2015 42.7% 46.4% 23.7% 36.6%
2014 46.2% 47.1% 24.7% 34.5%
2013 44.5% 43.8% 23.9% 44.8%
2012 46.9% 43.6% 20% 48%
2011 46.4% 40.9% 15.6% 49.9%
2010 48.7% 42.2% 15.8% 54.4%
2009 49% 36.4% 14.4% 56.4%
2008 48.4% 30.3% 14.4% 59.8%
2007 45.2% 18.2% 15.7% 77.4%
2006 44.2% 20.6% 15.6% 103.1%
2005 44.5% 24.9% 14.6% 119%
2004 45.6% 25.5% 14.6% 126.6%
2003 47.3% 27.6% 14.3% 146%
2002 47.4% 31.1% 15.3% 190.6%
2001 50.2% 35.1% 19.1% 262%
2000 56.2% 34.6% 21.4% 164.5%
1999 57.5% 56% 22.8% 150.7%
1998 54.4% 54.4% 25.2% 208.6%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1998–2024, retrieved 2026-02-20).

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

In 2024, Bosnia and Herzegovina's government spending was $12.8B, accounting for 43.3% of its GDP, while Myanmar spent $15.3B, or 20.7% of GDP.

Debt-to-GDP ratio is 29.5% in Bosnia and Herzegovina and 59.3% in Myanmar, ranking 159/185 and 81/185, respectively.

Government deficit by year

Deficit/surplus
Bosnia and Herzegovina

Myanmar
1x
Year Deficit/surplus, % of GDP
Bosnia Myanmar
2024 -1.88% -5.06%
2023 -1.67% -5.18%
2022 0.15% -2.82%
2021 -0.18% -2.47%
2020 -4.5% -6.5%
2019 1.37% -4.7%
2018 1.63% -2.77%
2017 1.79% -3.42%
2016 0.34% -2.53%
2015 -0.19% -4.33%
2014 -2.87% -1.06%
2013 -1.28% -1.53%
2012 -2.68% -2.7%
2011 -2.73% -4.82%
2010 -4.06% -5.4%
2009 -5.34% -3.55%
2008 -3.82% -2.73%
2007 0.17% -3.52%
2006 2.08% -3.42%
2005 0.74% -3.49%
2004 -0.18% -4.62%
2003 -0.44% -4.24%
2002 -2.99% -4.01%
2001 -3.44% -6.34%
2000 -4.63% -6.03%
1999 -2.78% -4.46%
1998 -0.98% -4.89%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1998–2024, retrieved 2026-02-20).

GeoRank.org/economy/bosnia-and-herzegovina/myanmar | 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 Myanmar's deficit of $3.75B, or 5.06% of GDP.

Over the past 27 years, Bosnia and Herzegovina recorded a fiscal deficit in 19 of those years, while Myanmar ran a deficit in 27 years. On average, Bosnia and Herzegovina posted an annual deficit equal to 1.42% of GDP, compared to deficit of 3.95% of GDP for Myanmar.

Inflation comparison by year

Inflation
Bosnia and Herzegovina

Myanmar
1x
Year Consumer prices inflation
Bosnia Myanmar
2024 1.7% -
2023 6.1% -
2022 14% -
2021 2% -
2020 -1.1% -
2019 0.6% 8.83%
2018 1.4% 6.87%
2017 0.8% 4.57%
2016 -1.6% 6.93%
2015 -1% 9.45%
2014 -0.9% 4.95%
2013 -0.1% 5.64%
2012 2.1% 1.47%
2011 4% 5.02%
2010 2.1% 7.72%
2009 -0.4% 1.47%
2008 7.4% 26.8%
2007 1.5% 35%
2006 6.1% 20%
2005 3.6% 9.37%
2004 0.3% 4.53%
2003 0.5% 36.6%
2002 0.3% 57.1%
2001 3.2% 21.1%
2000 5% -0.11%
1999 2.8% 18.4%
1998 -0.3% 51.5%
1997 5.7% 29.7%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2024, retrieved 2026-02-20); World Bank | Economy & Growth (1997–2019, retrieved 2026-04-06).

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

Over the past 23 years, Bosnia and Herzegovina has recorded an average annual inflation rate of 1.87%, compared with 16.2% in Myanmar. In 2019, inflation was 1.7% in Bosnia and Herzegovina and 8.83% in Myanmar.

Top exports between countries

Bosnia
Export category Export value
Animal & marine products $3K
Myanmar
Export category Export value

Balance of trade

Bosnia Myanmar
Current account balance
-$1.03B
2024
$67.7M
2019
Current account balance ranking
123/190
2024
71/190
2019
Current account balance, % of GDP
-3.47%
2024
+0.09%
2019
Goods imports
$14.8B
2024
$13.7B
2019
Goods exports
$8.36B
2024
$10.8B
2019
Service imports
$1.27B
2024
$3.66B
2019
Service exports
$3.74B
2024
$6.68B
2019
Imports of goods and services, % of GDP
54.3%
2024
n/a
Exports of goods and services, % of GDP
40.9%
2024
24.3%
2025

Economic freedom indices

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

Bosnia Myanmar
Economic freedom 63.1 44.5
Economic freedom ranking 83/197 180/197
Property rights 46.9 5.7
Government integrity 36.8 18.1
Judicial effectiveness 36.1 3.9
Tax burden 93.9 88.6
Government spending 48.4 86.6
Fiscal health 96.2 62.7
Business freedom 65.1 37.9
Labor freedom 62.7 53.2
Monetary freedom 77.5 57.5
Trade freedom 69 69.4
Investment freedom 65 30
Financial freedom 60 20

Economic freedom comparison by year

Bosnia and Herzegovina
Myanmar
1x
Year Economic freedom index
Bosnia Myanmar
2026 63.1 44.5
2025 63.5 43.7
2024 62 42.2
2023 62.9 46.5
2022 63.4 49.6
2021 62.9 55.2
2020 62.6 54
2019 61.9 53.6
2018 61.4 53.9
2017 60.2 52.5
2016 58.6 48.7
2015 59 46.9
2014 58.4 46.5
2013 57.3 39.2
2012 57.3 38.7
2011 57.5 37.8
2010 56.2 36.7
2009 53.1 37.7
2008 53.9 39.5
2007 54.4 41
2006 55.6 40
2005 48.8 40.5
2004 44.7 43.6
2003 40.6 44.9
2002 37.4 45.5
2001 36.6 46.1
2000 45.1 47.9
1999 29.4 46.4
1998 29.4 45.7
1997 - 45.4
1996 - 45.1

Data sources: The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-03-09).

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

The Economic Freedom Index for Bosnia and Herzegovina is 63.1, ranking 83/197, compared to 44.5 for Myanmar, ranking 180/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Bosnia Myanmar
Services, % of GDP
56.6%
2024
41.4%
2024
Industry, % of GDP
22.4%
2024
37.8%
2024
Agriculture, forestry, and fishing, % of GDP
4.53%
2024
20.8%
2024
GNI, Atlas method
$27.8B
2024
$65.9B
2024
GNI per capita, PPP
$24,990
2024
$5,890
2024
Total reserves including gold
$9.42B
2024
$9.34B
2023
Total reserves ranking
79/177
2024
81/177
2023
Net foreign direct investment
-$885M
2024
-$1.74B
2019
Net inflows of foreign direct investment
$1B
2024
$1.1B
2024
Net outflows of foreign direct investment
$119M
2024
$0
2024
Servicing debt to the IMF, % of GNI
4.93%
2024
1.31%
2024
Poverty at national poverty lines
16.9%
2015
24.8%
2017
Gross capital formation, % of GDP
27.5%
2024
n/a

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/myanmar | 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 (1998–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  6. LivingCost (2026, retrieved 2025-10-14)
  7. TradeMap (2020, retrieved 2026-02-08)

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.