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Economy of Bosnia and Herzegovina vs Saudi Arabia compared: GDP & Debt

Updated on by Georank

Bosnia and Herzegovina has a GDP of $32.6B compared to $1.28T for Saudi Arabia, ranking 110/197 and 19/197 by economy size, respectively.

Bosnia and Herzegovina has $9.76B in government debt (29.9% of GDP), compared to $405B (31.7% of GDP) in Saudi Arabia.

Bosnia and Herzegovina vs Saudi Arabia GDP by year

Bosnia and Herzegovina
Saudi Arabia
1x
Year GDP, current $
Bosnia Saudi Arabia
2025 $32,599,982,936 $1,276,942,933,333
2024 $29,737,363,103 $1,254,140,800,000
2023 $27,592,361,498 $1,218,584,800,000
2022 $24,534,663,636 $1,239,075,200,000
2021 $23,672,712,121 $982,661,066,667
2020 $20,226,038,370 $767,951,200,000
2019 $20,482,608,984 $888,890,133,333
2018 $20,484,058,033 $886,564,800,000
2017 $18,326,373,136 $741,266,133,333
2016 $17,116,926,554 $689,279,466,667
2015 $16,404,348,361 $693,414,400,000
2014 $18,558,734,107 $787,153,066,667
2013 $18,179,109,209 $769,755,733,333
2012 $17,226,735,996 $751,921,333,333
2011 $18,644,233,537 $680,660,800,000
2010 $17,176,315,804 $528,207,466,667
2009 $17,613,949,091 $429,097,866,667
2008 $19,112,796,623 $519,796,800,000
2007 $15,778,734,264 $415,964,509,673
2006 $12,864,841,906 $376,900,133,511
2005 $11,222,796,337 $328,459,608,764
2004 $10,156,541,221 $258,742,133,333
2003 $8,498,894,359 $215,807,733,333
2002 $6,728,220,983 $189,605,866,667
2001 $5,800,615,375 $184,137,600,000
2000 $5,567,772,769 $189,514,933,333
1999 $4,686,256,363 $161,717,066,667
1998 $4,116,774,301 $146,775,466,667
1997 $3,671,909,673 $165,963,684,913
1996 $2,786,045,322 $158,662,483,311
1995 $1,866,572,954 $143,343,124,166
1994 $1,255,802,469 $135,174,899,866
1993 $3,630,668,950 $132,967,957,276
1992 $4,735,044,707 $137,087,850,467
1991 $6,122,959,184 $132,223,230,975
1990 $7,753,478,261 $117,630,173,565
1989 - $95,344,459,279
1988 - $88,256,074,766
1987 - $85,695,861,148
1986 - $86,961,922,765
1985 - $103,897,846,494
1984 - $119,624,858,116
1983 - $129,171,635,311
1982 - $153,240,313,858
1981 - $184,291,360,139
1980 - $164,539,660,725
1979 - $111,858,444,786
1978 - $80,266,516,687
1977 - $74,188,986,586
1976 - $64,005,665,722
1975 - $46,773,208,643
1974 - $45,412,957,746
1973 - $14,947,435,499
1972 - $9,664,267,087
1971 - $7,184,806,909
1970 - $5,377,333,333
1969 - $4,485,777,644
1968 - $4,187,777,711
1967 - $3,257,022,223
1966 - $2,920,555,557
1965 - $2,647,955,558
1964 - $2,371,808,713
1963 - $2,207,393,172
1962 - $2,130,606,532
1961 - $1,920,811,284
1960 - $1,748,124,064

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

GDP per capita in Bosnia and Herzegovina vs Saudi Arabia by year

Bosnia and Herzegovina
GDP per capita

GDP per capita, PPP
Saudi Arabia
GDP per capita

GDP per capita, PPP
1x
Year Current $
Bosnia Saudi Arabia
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $10,382 - $34,537 -
2024 $9,398 $25,043 $35,528 $71,375
2023 $8,663 $23,376 $36,157 $71,565
2022 $7,656 $21,651 $38,510 $71,968
2021 $7,295 $18,287 $31,921 $62,690
2020 $6,130 $16,370 $24,339 $47,518
2019 $6,122 $16,429 $29,567 $59,560
2018 $6,048 $14,859 $29,360 $59,378
2017 $5,345 $13,627 $23,929 $53,120
2016 $4,929 $12,899 $22,268 $49,937
2015 $4,662 $11,845 $23,256 $53,931
2014 $5,206 $11,168 $27,805 $62,578
2013 $5,035 $10,808 $27,865 $62,203
2012 $4,694 $10,121 $28,733 $65,034
2011 $4,983 $9,761 $27,127 $64,125
2010 $4,506 $9,086 $22,028 $58,829
2009 $4,540 $8,698 $17,718 $54,787
2008 $4,842 $8,587 $22,320 $57,236
2007 $3,931 $7,686 $18,596 $55,030
2006 $3,166 $6,869 $17,564 $54,639
2005 $2,740 $5,956 $15,976 $53,548
2004 $2,453 $5,407 $13,154 $51,225
2003 $2,034 $4,917 $11,487 $48,078
2002 $1,607 $4,665 $10,586 $45,466
2001 $1,388 $4,307 $10,805 $47,381
2000 $1,338 $4,148 $11,715 $48,644
1999 $1,135 $3,875 $10,452 $47,495
1998 $1,007 $3,524 $9,836 $48,867
1997 $914 $3,041 $11,545 $48,796
1996 $719 $2,269 $11,472 $48,569
1995 $502 $1,507 $10,786 $48,052
1994 $337 $1,269 $10,602 $48,904
1993 $930 $1,067 $10,885 $49,503
1992 $1,118 $982 $11,730 $50,355
1991 $1,373 $975 $11,847 $49,295
1990 $1,743 $1,043 $11,055 $46,214
1989 - - $9,414 -
1988 - - $9,165 -
1987 - - $9,386 -
1986 - - $10,078 -
1985 - - $12,745 -
1984 - - $15,541 -
1983 - - $17,810 -
1982 - - $22,454 -
1981 - - $28,703 -
1980 - - $27,206 -
1979 - - $19,612 -
1978 - - $14,914 -
1977 - - $14,595 -
1976 - - $13,313 -
1975 - - $10,266 -
1974 - - $10,503 -
1973 - - $3,640 -
1972 - - $2,474 -
1971 - - $1,929 -
1970 - - $1,509 -
1969 - - $1,313 -
1968 - - $1,276 -
1967 - - $1,032 -
1966 - - $961 -
1965 - - $904 -
1964 - - $840 -
1963 - - $812 -
1962 - - $813 -
1961 - - $760 -
1960 - - $718 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

Bosnia and Herzegovina's GDP per capita is $10,382, ranking 87/197, compared to $34,537 in Saudi Arabia, ranking 36/197. Adjusted for purchasing power (GDP per capita PPP), Bosnia and Herzegovina ranks 83rd at $25,043, while Saudi Arabia ranks 24th at $71,375.

Economic indicators

Bosnia Saudi Arabia
Gross domestic product
$32.6B
2025
$1.28T
2025
GDP rank
110/197
2025
19/197
2025
GDP growth
2.13%
2024-2025
4.5%
2024-2025
GDP per capita
$10,382
2025
$34,537
2025
GDP per capita rank
87/197
2025
36/197
2025
GDP per capita, PPP
$25,043
2024
$71,375
2024
GDP per capita PPP rank
83/197
2024
24/197
2024
Government debt
$9.76B
2025
$405B
2025
Debt-to-GDP ratio
29.9%
2025
31.7%
2025
Government debt per person
$3,108
2025
$10,956
2025
Government debt per person rank
104/185
2025
57/185
2025
Average annual personal income after taxes
$9,479
2026
$22,010
2026
Market capitalization of domestic companies n/a
$2.36T
2025
Number of millionaires n/a
348,000
2026
Number of billionaires n/a
15
2026
Income share by richest 10%
23.6%
2021
n/a
Income share by poorest 10%
3.3%
2021
n/a
Government expenditure, % of GDP
44.9%
2025
29%
2025
Consumer prices inflation
4%
2024-2025
2.08%
2024-2025
Central bank interest rate n/a
4.25%
2025
Unemployment rate
10.7%
2024
3.24%
2025
Population
3114736
37955120

Spending and national debt comparison by year

Bosnia and Herzegovina
Spending

Debt
Saudi Arabia
Spending

Debt
1x
Year % of GDP
Bosnia Saudi Arabia
Government spending Government debt Government spending Government debt
2025 44.9% 29.9% 29% 31.7%
2024 43.3% 29.4% 29.2% 25.9%
2023 41.9% 29% 28.3% 23%
2022 39.4% 31.2% 25.3% 21.3%
2021 40.6% 35.8% 28.2% 25.5%
2020 45.4% 37.2% 37.4% 29.7%
2019 39.9% 32.8% 31.8% 20.3%
2018 40.4% 34.5% 32.4% 16.8%
2017 40% 38.6% 30.9% 15.9%
2016 41.5% 44.9% 33.3% 12.2%
2015 42.7% 46.4% 38.5% 5.47%
2014 46.2% 47.1% 38.6% 1.5%
2013 43.8% 43.8% 34.5% 2.08%
2012 47.9% 43.6% 32.5% 2.97%
2011 46.4% 40.9% 32.4% 5.31%
2010 48.7% 42.2% 33% 8.43%
2009 49% 36.4% 37.1% 14%
2008 48.4% 30.3% 26.7% 12.1%
2007 45.2% 18.2% 29.5% 17.1%
2006 44.2% 20.6% 27.3% 25.8%
2005 44.5% 24.9% 28.2% 37.3%
2004 45.6% 25.5% 31.1% 62.9%
2003 47.3% 27.6% 33.1% 81.6%
2002 47.4% 31.1% 35.9% 96.4%
2001 50.2% 35.1% 36.9% 93.1%
2000 56.2% 34.6% 33.1% 86.7%
1999 57.5% 56% 30.3% 103%
1998 54.4% 54.4% 34.5% 101.5%
1997 - - 35.6% 76.7%
1996 - - 33.3% 75.2%
1995 - - 32.4% 74.2%
1994 - - 33.8% 67.9%
1993 - - 37.7% 58.6%
1992 - - 41.2% 47.8%
1991 - - 34.9% 39.4%
1990 - - 39.3% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

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

In 2025, Bosnia and Herzegovina's government spending was $14.6B, accounting for 44.9% of its GDP, while Saudi Arabia spent $370B, or 29% of GDP.

Debt-to-GDP ratio is 29.9% in Bosnia and Herzegovina and 31.7% in Saudi Arabia, ranking 156/185 and 151/185, respectively.

Government deficit by year

Deficit/surplus
Bosnia and Herzegovina

Saudi Arabia
1x
Year Deficit/surplus, % of GDP
Bosnia Saudi Arabia
2025 -2.41% -5.77%
2024 -1.96% -2.46%
2023 -1.67% -1.77%
2022 0.15% 2.24%
2021 -0.18% -1.99%
2020 -4.5% -10.2%
2019 1.37% -3.96%
2018 1.63% -5.21%
2017 1.79% -8.57%
2016 0.34% -13.2%
2015 -0.19% -14.9%
2014 -2.87% -3.4%
2013 -2.19% 5.47%
2012 -3.76% 11.7%
2011 -2.73% 11.4%
2010 -4.06% 4.39%
2009 -5.34% -5.38%
2008 -3.82% 29.8%
2007 0.17% 11.8%
2006 2.08% 20.8%
2005 0.74% 18%
2004 -0.18% 9.72%
2003 -0.44% 1.2%
2002 -2.99% -5.91%
2001 -3.44% -3.91%
2000 -4.63% 3.18%
1999 -2.78% -5.99%
1998 -0.98% -8.88%
1997 - -2.51%
1996 - -3.25%
1995 - -5.12%
1994 - -8.31%
1993 - -9.33%
1992 - -8.12%
1991 - -3.28%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1991–2025, retrieved 2026-07-08).

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

In 2025, Bosnia and Herzegovina's government deficit, the difference between spending and revenue, was $784M, equivalent to 2.41% of GDP. This compares to Saudi Arabia's deficit of $73.7B, or 5.77% of GDP.

Over the past 28 years, Bosnia and Herzegovina recorded a fiscal deficit in 20 of those years, while Saudi Arabia ran a deficit in 16 years. On average, Bosnia and Herzegovina posted an annual deficit equal to 1.53% of GDP, compared to surplus of 1% of GDP for Saudi Arabia.

Inflation comparison by year

Inflation
Bosnia and Herzegovina

Saudi Arabia
1x
Year Consumer prices inflation
Bosnia Saudi Arabia
2025 4% 2.08%
2024 1.7% 1.69%
2023 6.1% 2.33%
2022 14% 2.47%
2021 2% 3.06%
2020 -1% 3.37%
2019 0.6% -1.19%
2018 1.4% 2.47%
2017 0.8% -0.83%
2016 -1.6% 2.05%
2015 -1% 1.22%
2014 -0.9% 2.24%
2013 -0.1% 3.51%
2012 2.1% 2.87%
2011 4% 5.83%
2010 2.1% 5.34%
2009 -0.4% 5.06%
2008 7.4% 9.87%
2007 1.5% 4.17%
2006 6.1% 2.21%
2005 3.6% 0.48%
2004 0.3% 0.52%
2003 0.5% 0.61%
2002 0.3% 0.25%
2001 3.2% -1.12%
2000 5% -1.12%
1999 2.8% -1.33%
1998 -0.3% -0.37%
1997 5.7% 0.06%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08); World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

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

Over the past 29 years, Bosnia and Herzegovina has recorded an average annual inflation rate of 2.41%, compared with 1.99% in Saudi Arabia. In 2025, inflation was 4% in Bosnia and Herzegovina and 2.08% in Saudi Arabia.

Top exports between countries

Bosnia
Export category Export value
Weapons & explosives $13.8M
Processed food, beverages & tobacco $2.46M
Raw materials & minerals $2.19M
Machinery & equipment $700K
Wood & paper products $573K
Chemicals & pharma $282K
Raw agricultural goods $194K
Textiles & consumer goods $123K
Metals $119K
Animal & marine products $101K
Saudi Arabia
Export category Export value
Metals $2.13M
Raw agricultural goods $1.46M
Chemicals & pharma $752K
Textiles & consumer goods $450K
Machinery & equipment $191K
Processed food, beverages & tobacco $33K
Miscellaneous $17K
Raw materials & minerals $13K
Wood & paper products $3K

Balance of trade

Bosnia Saudi Arabia
Current account balance
-$1.02B
2025
-$32.7B
2025
Current account balance ranking
117/190
2025
185/190
2025
Current account balance, % of GDP
-3.14%
2025
-2.56%
2025
Goods imports
$16.3B
2025
$230B
2025
Goods exports
$9.5B
2025
$311B
2025
Service imports
$1.42B
2025
$129B
2025
Service exports
$3.92B
2025
$69.4B
2025
Imports of goods and services, % of GDP
54.1%
2025
28.2%
2025
Exports of goods and services, % of GDP
41%
2025
29.7%
2025

Economic freedom indices

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

Bosnia Saudi Arabia
Economic freedom 63.1 65.4
Economic freedom ranking 83/197 65/197
Property rights 46.9 51.4
Government integrity 36.8 52.7
Judicial effectiveness 36.1 38.2
Tax burden 93.9 99.2
Government spending 48.4 77
Fiscal health 96.2 97.9
Business freedom 65.1 71.2
Labor freedom 62.7 41.8
Monetary freedom 77.5 81.2
Trade freedom 69 73.8
Investment freedom 65 50
Financial freedom 60 50

Economic freedom comparison by year

Bosnia and Herzegovina
Saudi Arabia
1x
Year Economic freedom index
Bosnia Saudi Arabia
2026 63.1 65.4
2025 63.5 64.4
2024 62 61.9
2023 62.9 58.3
2022 63.4 55.5
2021 62.9 66
2020 62.6 62.4
2019 61.9 60.7
2018 61.4 59.6
2017 60.2 64.4
2016 58.6 62.1
2015 59 62.1
2014 58.4 62.2
2013 57.3 60.6
2012 57.3 62.5
2011 57.5 66.2
2010 56.2 64.1
2009 53.1 64.3
2008 53.9 62.5
2007 54.4 60.9
2006 55.6 63
2005 48.8 63
2004 44.7 60.4
2003 40.6 63.2
2002 37.4 65.3
2001 36.6 62.2
2000 45.1 66.5
1999 29.4 65.5
1998 29.4 69.3
1997 - 68.7
1996 - 68.3

Data sources: The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-07-08).

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

The Economic Freedom Index for Bosnia and Herzegovina is 63.1, ranking 83/197, compared to 65.4 for Saudi Arabia, ranking 65/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Bosnia Saudi Arabia
Services, % of GDP
57.7%
2025
48.9%
2025
Industry, % of GDP
21.5%
2025
43%
2025
Agriculture, forestry, and fishing, % of GDP
4.36%
2025
2.59%
2025
GNI, Atlas method
$31.2B
2025
$1.33T
2025
GNI per capita, PPP
$25,810
2025
$74,400
2025
Total reserves including gold
$9.42B
2024
$505B
2025
Total reserves ranking
83/177
2024
8/177
2025
Net foreign direct investment
-$526M
2025
-$5.6B
2025
Net inflows of foreign direct investment
$1B
2024
$21.3B
2024
Net outflows of foreign direct investment
$119M
2024
$27.6B
2024
Servicing debt to the IMF, % of GNI
4.91%
2024
n/a
Poverty at national poverty lines
16.9%
2015
n/a
Gross capital formation, % of GDP
28.7%
2025
31.6%
2025

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-07-08)
  4. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  5. TradeMap (2024–2025, retrieved 2026-07-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  7. LivingCost (2026, retrieved 2026-07-08)

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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.