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Economy of Bosnia and Herzegovina vs United States compared: GDP & Debt

Updated on by Georank

Bosnia and Herzegovina has a GDP of $32.6B compared to $30.8T for the United States, ranking 110/197 and 1/197 by economy size, respectively.

Bosnia and Herzegovina has $9.76B in government debt (29.9% of GDP), compared to $38.1T (123.9% of GDP) in the United States.

Bosnia and Herzegovina vs United States GDP by year

Bosnia and Herzegovina
United States
1x
Year GDP, current $
Bosnia United States
2025 $32,599,982,936 $30,769,700,000,000
2024 $29,737,363,103 $29,298,013,000,000
2023 $27,592,361,498 $27,811,517,000,000
2022 $24,534,663,636 $26,054,614,000,000
2021 $23,672,712,121 $23,725,645,000,000
2020 $20,226,038,370 $21,375,281,000,000
2019 $20,482,608,984 $21,539,982,000,000
2018 $20,484,058,033 $20,656,516,000,000
2017 $18,326,373,136 $19,612,102,000,000
2016 $17,116,926,554 $18,804,913,000,000
2015 $16,404,348,361 $18,295,019,000,000
2014 $18,558,734,107 $17,608,138,000,000
2013 $18,179,109,209 $16,880,683,000,000
2012 $17,226,735,996 $16,253,970,000,000
2011 $18,644,233,537 $15,599,732,000,000
2010 $17,176,315,804 $15,048,971,000,000
2009 $17,613,949,091 $14,478,067,000,000
2008 $19,112,796,623 $14,769,862,000,000
2007 $15,778,734,264 $14,474,228,000,000
2006 $12,864,841,906 $13,815,583,000,000
2005 $11,222,796,337 $13,039,197,000,000
2004 $10,156,541,221 $12,217,196,000,000
2003 $8,498,894,359 $11,456,450,000,000
2002 $6,728,220,983 $10,929,108,000,000
2001 $5,800,615,375 $10,581,929,000,000
2000 $5,567,772,769 $10,250,952,000,000
1999 $4,686,256,363 $9,631,172,000,000
1998 $4,116,774,301 $9,062,817,000,000
1997 $3,671,909,673 $8,577,552,000,000
1996 $2,786,045,322 $8,073,122,000,000
1995 $1,866,572,954 $7,639,749,000,000
1994 $1,255,802,469 $7,287,236,000,000
1993 $3,630,668,950 $6,858,559,000,000
1992 $4,735,044,707 $6,520,327,000,000
1991 $6,122,959,184 $6,158,129,000,000
1990 $7,753,478,261 $5,963,144,000,000
1989 - $5,641,580,000,000
1988 - $5,236,438,000,000
1987 - $4,855,215,000,000
1986 - $4,579,631,000,000
1985 - $4,338,979,000,000
1984 - $4,037,613,000,000
1983 - $3,634,038,000,000
1982 - $3,343,789,000,000
1981 - $3,207,041,000,000
1980 - $2,857,307,000,000
1979 - $2,627,333,000,000
1978 - $2,351,599,000,000
1977 - $2,081,826,000,000
1976 - $1,873,412,000,000
1975 - $1,684,904,000,000
1974 - $1,545,243,000,000
1973 - $1,425,376,000,000
1972 - $1,279,110,000,000
1971 - $1,164,850,000,000
1970 - $1,073,303,000,000
1969 - $1,017,438,172,414
1968 - $940,225,000,000
1967 - $859,620,034,483
1966 - $813,032,758,621
1965 - $741,904,862,069
1964 - $684,144,620,690
1963 - $637,058,551,724
1962 - $603,639,413,793
1961 - $561,940,310,345
1960 - $541,988,586,207

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

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

GDP per capita in Bosnia and Herzegovina vs United States by year

Bosnia and Herzegovina
GDP per capita

GDP per capita, PPP
United States
GDP per capita

GDP per capita, PPP
1x
Year Current $
Bosnia United States
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $10,382 - $90,027 -
2024 $9,398 $25,043 $86,143 $85,810
2023 $8,663 $23,376 $83,041 $82,305
2022 $7,656 $21,651 $78,178 $77,861
2021 $7,295 $18,287 $71,486 $71,307
2020 $6,130 $16,370 $64,475 $64,402
2019 $6,122 $16,429 $65,605 $65,228
2018 $6,048 $14,859 $63,201 $62,876
2017 $5,345 $13,627 $60,322 $60,048
2016 $4,929 $12,899 $58,207 $57,977
2015 $4,662 $11,845 $57,040 $56,849
2014 $5,206 $11,168 $55,304 $55,153
2013 $5,035 $10,808 $53,410 $53,297
2012 $4,694 $10,121 $51,784 $51,708
2011 $4,983 $9,761 $50,066 $50,025
2010 $4,506 $9,086 $48,651 $48,643
2009 $4,540 $8,698 $47,195 $47,195
2008 $4,842 $8,587 $48,570 $48,570
2007 $3,931 $7,686 $48,050 $48,050
2006 $3,166 $6,869 $46,302 $46,302
2005 $2,740 $5,956 $44,123 $44,123
2004 $2,453 $5,407 $41,725 $41,725
2003 $2,034 $4,917 $39,490 $39,490
2002 $1,607 $4,665 $37,998 $37,998
2001 $1,388 $4,307 $37,134 $37,134
2000 $1,338 $4,148 $36,330 $36,330
1999 $1,135 $3,875 $34,484 $34,515
1998 $1,007 $3,524 $32,823 $32,854
1997 $914 $3,041 $31,430 $31,459
1996 $719 $2,269 $29,937 $29,968
1995 $502 $1,507 $28,661 $28,691
1994 $337 $1,269 $27,662 $27,695
1993 $930 $1,067 $26,353 $26,387
1992 $1,118 $982 $25,381 $25,419
1991 $1,373 $975 $24,293 $24,342
1990 $1,743 $1,043 $23,840 $23,889
1989 - - $22,857 -
1988 - - $21,417 -
1987 - - $20,039 -
1986 - - $19,071 -
1985 - - $18,237 -
1984 - - $17,121 -
1983 - - $15,544 -
1982 - - $14,434 -
1981 - - $13,976 -
1980 - - $12,613 -
1979 - - $11,674 -
1978 - - $10,565 -
1977 - - $9,453 -
1976 - - $8,592 -
1975 - - $7,801 -
1974 - - $7,226 -
1973 - - $6,726 -
1972 - - $6,094 -
1971 - - $5,609 -
1970 - - $5,234 -
1969 - - $5,020 -
1968 - - $4,685 -
1967 - - $4,326 -
1966 - - $4,136 -
1965 - - $3,818 -
1964 - - $3,565 -
1963 - - $3,366 -
1962 - - $3,236 -
1961 - - $3,059 -
1960 - - $3,000 -

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

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

Bosnia and Herzegovina's GDP per capita is $10,382, ranking 87/197, compared to $90,027 in the United States, ranking 10/197. Adjusted for purchasing power (GDP per capita PPP), Bosnia and Herzegovina ranks 83rd at $25,043, while the United States ranks 12th at $85,810.

Economic indicators

Bosnia United States
Gross domestic product
$32.6B
2025
$30.8T
2025
GDP rank
110/197
2025
1/197
2025
GDP growth
2.13%
2024-2025
2.16%
2024-2025
GDP per capita
$10,382
2025
$90,027
2025
GDP per capita rank
87/197
2025
10/197
2025
GDP per capita, PPP
$25,043
2024
$85,810
2024
GDP per capita PPP rank
83/197
2024
12/197
2024
Government debt
$9.76B
2025
$38.1T
2025
Debt-to-GDP ratio
29.9%
2025
123.9%
2025
Government debt per person
$3,108
2025
$111,531
2025
Government debt per person rank
104/185
2025
2/185
2025
Average annual personal income after taxes
$9,479
2026
$54,600
2026
Market capitalization of domestic companies n/a
$68.9T
2025
Number of millionaires n/a
23,627,000
2026
Number of billionaires n/a
989
2026
Income share by richest 10%
23.6%
2021
30.7%
2024
Income share by poorest 10%
3.3%
2021
1.7%
2024
Government expenditure, % of GDP
44.9%
2025
37.7%
2025
Consumer prices inflation
4%
2024-2025
2.95%
2023-2024
Central bank interest rate n/a
3.75%
2025
Unemployment rate
10.7%
2024
4.28%
2025
Population
3114736
344434632

Spending and national debt comparison by year

Bosnia and Herzegovina
Spending

Debt
United States
Spending

Debt
1x
Year % of GDP
Bosnia United States
Government spending Government debt Government spending Government debt
2025 44.9% 29.9% 37.7% 123.9%
2024 43.3% 29.4% 37.7% 122.3%
2023 41.9% 29% 37.5% 120%
2022 39.4% 31.2% 36.8% 119.1%
2021 40.6% 35.8% 43.2% 125%
2020 45.4% 37.2% 44.7% 132.6%
2019 39.9% 32.8% 35.8% 108.8%
2018 40.4% 34.5% 35.3% 107.7%
2017 40% 38.6% 35.2% 106.4%
2016 41.5% 44.9% 35.3% 107.4%
2015 42.7% 46.4% 35% 105.4%
2014 46.2% 47.1% 35.3% 104.9%
2013 43.8% 43.8% 35.8% 105%
2012 47.9% 43.6% 37.2% 103.7%
2011 46.4% 40.9% 38.8% 100%
2010 48.7% 42.2% 39.8% 95.7%
2009 49% 36.4% 41.4% 87.1%
2008 48.4% 30.3% 37.1% 73.8%
2007 45.2% 18.2% 34.6% 64.9%
2006 44.2% 20.6% 33.7% 64.5%
2005 44.5% 24.9% 33.9% 65.8%
2004 45.6% 25.5% 33.7% 66.4%
2003 47.3% 27.6% 34% 59%
2002 47.4% 31.1% 33.7% 55.9%
2001 50.2% 35.1% 32.8% 53.5%
2000 56.2% 34.6% 31.7% 54.5%
1999 57.5% 56% 32.2% 60.5%
1998 54.4% 54.4% 32.8% 64.2%
1997 - - 33.7% 67.4%
1996 - - 34.7% 69.9%
1995 - - 35.5% 70.7%
1994 - - 35.5% 71.1%
1993 - - 36.4% 71.9%
1992 - - 36.7% 70.3%
1991 - - 35.7% 67.9%
1990 - - 34.5% 63.1%
1989 - - 33.7% 61.6%
1988 - - 33.7% 61.3%
1987 - - 34.3% 60.6%
1986 - - 34.8% 58.9%
1985 - - 34.5% 55.4%
1984 - - 34.3% 50.6%
1983 - - 35.7% 48.9%
1982 - - 35.8% 45.9%
1981 - - 33.9% 41.1%
1980 - - 33.7% 41.9%
1979 - - 32% 41.2%
1978 - - 32.6% 42.5%
1977 - - 33.4% 43.6%
1976 - - 34.2% 44.8%
1975 - - 35.2% 44.6%
1974 - - 32.9% 41.4%
1973 - - 31.9% 42.6%
1972 - - 32.8% 45.4%
1971 - - 32.3% 47%
1970 - - 31.5% 46.4%
1969 - - 29.3% 45.9%
1968 - - 29.1% 48.5%
1967 - - 28.3% 50.4%
1966 - - 26.3% 50.6%
1965 - - 25.4% 53.7%
1964 - - 25.6% 56.7%
1963 - - 26% 58.8%
1962 - - 26% 60.2%
1961 - - 25.9% 62.3%
1960 - - 24.9% 61.7%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1998–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–2000, retrieved 2026-07-08).

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

In 2025, Bosnia and Herzegovina's government spending was $14.6B, accounting for 44.9% of its GDP, while the United States spent $11.6T, or 37.7% of GDP.

Debt-to-GDP ratio is 29.9% in Bosnia and Herzegovina and 123.9% in the United States, ranking 156/185 and 12/185, respectively.

Government deficit by year

Deficit/surplus
Bosnia and Herzegovina

United States
1x
Year Deficit/surplus, % of GDP
Bosnia United States
2025 -2.41% -6.82%
2024 -1.96% -7.86%
2023 -1.67% -7.89%
2022 0.15% -3.72%
2021 -0.18% -11.5%
2020 -4.5% -14.1%
2019 1.37% -5.81%
2018 1.63% -5.33%
2017 1.79% -4.79%
2016 0.34% -4.36%
2015 -0.19% -3.53%
2014 -2.87% -4.03%
2013 -2.19% -4.56%
2012 -3.76% -8.11%
2011 -2.73% -9.72%
2010 -4.06% -11%
2009 -5.34% -13.2%
2008 -3.82% -6.61%
2007 0.17% -2.91%
2006 2.08% -2.04%
2005 0.74% -3.07%
2004 -0.18% -4.24%
2003 -0.44% -4.77%
2002 -2.99% -3.82%
2001 -3.44% -0.54%
2000 -4.63% 3.62%
1999 -2.78% 2.71%
1998 -0.98% 2.18%
1997 - 0.88%
1996 - -0.46%
1995 - -1.7%
1994 - -2.05%
1993 - -3.35%
1992 - -3.98%
1991 - -2.72%
1990 - -1.64%
1989 - -0.8%
1988 - -1.06%
1987 - -1.53%
1986 - -2.81%
1985 - -2.63%
1984 - -2.97%
1983 - -4.26%
1982 - -3.78%
1981 - -1.58%
1980 - -2.17%
1979 - -0.79%
1978 - -1.7%
1977 - -2.57%
1976 - -3.63%
1975 - -5.4%
1974 - -1.27%
1973 - -0.86%
1972 - -1.86%
1971 - -2.63%
1970 - -1.21%
1969 - 2.11%
1968 - 1.23%
1967 - 0.47%
1966 - 2.07%
1965 - 2.38%
1964 - 2.18%
1963 - 2.87%
1962 - 2.32%
1961 - 2.28%
1960 - 3.2%
1959 - -9.06%
1958 - -8.68%
1957 - -6.72%
1956 - -6.02%
1955 - -7.4%
1954 - -5.55%
1953 - -5.76%
1952 - -5.41%
1951 - -6.93%
1950 - -8.22%
1949 - -7.94%
1948 - -4.16%
1947 - -3.99%
1946 - -6.45%
1945 - -14.1%
1944 - -13.4%
1943 - -19.3%
1942 - -16.3%
1941 - -10.2%
1940 - -9.73%
1939 - -11.9%
1938 - -10.4%
1937 - -9.22%
1936 - -12.1%
1935 - -13.3%
1934 - -14.9%
1933 - -14.3%
1932 - -12.7%
1931 - -9.76%
1930 - -5.46%
1929 - -4.58%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1929–2000, retrieved 2026-07-08); International Monetary Fund (IMF) | Fiscal Monitor (1998–2025, retrieved 2026-07-08).

GeoRank.org/economy/bosnia-and-herzegovina/united-states | 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 the United States' deficit of $2.1T, or 6.82% of GDP.

Over the past 28 years, Bosnia and Herzegovina recorded a fiscal deficit in 20 of those years, while the United States ran a deficit in 25 years. On average, Bosnia and Herzegovina posted an annual deficit equal to 1.53% of GDP, compared to deficit of 5.21% of GDP for the United States.

Inflation comparison by year

Inflation
Bosnia and Herzegovina

United States
1x
Year Consumer prices inflation
Bosnia United States
2025 4% -
2024 1.7% 2.95%
2023 6.1% 4.12%
2022 14% 8%
2021 2% 4.7%
2020 -1% 1.23%
2019 0.6% 1.81%
2018 1.4% 2.44%
2017 0.8% 2.13%
2016 -1.6% 1.26%
2015 -1% 0.12%
2014 -0.9% 1.62%
2013 -0.1% 1.46%
2012 2.1% 2.07%
2011 4% 3.16%
2010 2.1% 1.64%
2009 -0.4% -0.36%
2008 7.4% 3.84%
2007 1.5% 2.85%
2006 6.1% 3.23%
2005 3.6% 3.39%
2004 0.3% 2.68%
2003 0.5% 2.27%
2002 0.3% 1.59%
2001 3.2% 2.83%
2000 5% 3.38%
1999 2.8% 2.19%
1998 -0.3% 1.55%
1997 5.7% 2.34%

Data sources: International Monetary Fund (IMF) | World Economic Outlook (1997–2025, retrieved 2026-07-08); World Bank | Economy & Growth (1997–2024, retrieved 2026-07-08).

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

Over the past 28 years, Bosnia and Herzegovina has recorded an average annual inflation rate of 2.35%, compared with 2.52% in the United States. In 2024, inflation was 4% in Bosnia and Herzegovina and 2.95% in the United States.

Top exports between countries

Bosnia
Export category Export value
Transport & tourism services $63.8M
Weapons & explosives $53.1M
Metals $32.8M
Machinery & equipment $15.6M
Business & finance services $10.8M
Textiles & consumer goods $10.7M
IT & IP services $4.62M
Raw materials & minerals $3.19M
Processed food, beverages & tobacco $2.54M
Raw agricultural goods $2.23M
United States
Export category Export value
Machinery & equipment $13M
Weapons & explosives $7.54M
Chemicals & pharma $3.96M
Wood & paper products $2.07M
Processed food, beverages & tobacco $802K
Metals $486K
Textiles & consumer goods $460K
Raw agricultural goods $380K
Precious metals & jewellery $250K
Raw materials & minerals $196K

Balance of trade

Bosnia United States
Current account balance
-$1.02B
2025
-$1.12T
2025
Current account balance ranking
117/190
2025
190/190
2025
Current account balance, % of GDP
-3.14%
2025
-3.63%
2025
Goods imports
$16.3B
2025
$3.44T
2025
Goods exports
$9.5B
2025
$2.2T
2025
Service imports
$1.42B
2025
$903B
2025
Service exports
$3.92B
2025
$1.23T
2025
Imports of goods and services, % of GDP
54.1%
2025
14%
2024
Exports of goods and services, % of GDP
41%
2025
11%
2024

Economic freedom indices

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

Bosnia United States
Economic freedom 63.1 72.8
Economic freedom ranking 83/197 27/197
Property rights 46.9 91.6
Government integrity 36.8 77.1
Judicial effectiveness 36.1 76.4
Tax burden 93.9 75.3
Government spending 48.4 57.9
Fiscal health 96.2 18.5
Business freedom 65.1 88.6
Labor freedom 62.7 76.3
Monetary freedom 77.5 84.2
Trade freedom 69 67.6
Investment freedom 65 80
Financial freedom 60 80

Economic freedom comparison by year

Bosnia and Herzegovina
United States
1x
Year Economic freedom index
Bosnia United States
2026 63.1 72.8
2025 63.5 70.2
2024 62 70.1
2023 62.9 70.6
2022 63.4 72.1
2021 62.9 74.8
2020 62.6 76.6
2019 61.9 76.8
2018 61.4 75.7
2017 60.2 75.1
2016 58.6 75.4
2015 59 76.2
2014 58.4 75.5
2013 57.3 76
2012 57.3 76.3
2011 57.5 77.8
2010 56.2 78
2009 53.1 80.7
2008 53.9 81
2007 54.4 81.2
2006 55.6 81.2
2005 48.8 79.9
2004 44.7 78.7
2003 40.6 78.2
2002 37.4 78.4
2001 36.6 79.1
2000 45.1 76.4
1999 29.4 75.5
1998 29.4 75.4
1997 - 75.6
1996 - 76.7
1995 - 76.7

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

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

The Economic Freedom Index for Bosnia and Herzegovina is 63.1, ranking 83/197, compared to 72.8 for the United States, ranking 27/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Bosnia United States
Services, % of GDP
57.7%
2025
79.7%
2024
Industry, % of GDP
21.5%
2025
17.3%
2024
Agriculture, forestry, and fishing, % of GDP
4.36%
2025
0.85%
2024
GNI, Atlas method
$31.2B
2025
$30.4T
2025
GNI per capita, PPP
$25,810
2025
$89,490
2025
Total reserves including gold
$9.42B
2024
$1.39T
2025
Total reserves ranking
83/177
2024
2/177
2025
Net foreign direct investment
-$526M
2025
$21.7B
2025
Net inflows of foreign direct investment
$1B
2024
$297B
2024
Net outflows of foreign direct investment
$119M
2024
$322B
2024
Servicing debt to the IMF, % of GNI
4.91%
2024
n/a
Poverty at national poverty lines
16.9%
2015
15.1%
2020
Gross capital formation, % of GDP
28.7%
2025
21.5%
2024

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).

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

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Public Finances in Modern History (1929–2000, retrieved 2026-07-08)
  3. International Monetary Fund (IMF) | Fiscal Monitor (1998–2025, retrieved 2026-07-08)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  5. U.S. Census Bureau (1960–2026, retrieved 2026-07-08)
  6. TradeMap (2023–2025, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)
  9. Central Intelligence Agency (CIA) (2020, 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.