Bosnia and Herzegovina vs Venezuela: Economic Indicators Comparison

Venezuela with a GDP of $482.4B ranked the 27th largest economy in the world, while Bosnia and Herzegovina ranked 115th with $20.2B. By GDP 5-years average growth and GDP per capita, Venezuela and Bosnia and Herzegovina ranked 181st vs 105th and 58th vs 101st, respectively.

Gross Domestic Product & Income

StatBosnia and HerzegovinaVenezuela
GDP$20.2B$482.4B
GDP growth, 1 year3.1%-18%
GDP growth, 5-years average2.7%-12.2%
Population3.5M28.5M
GDP per capita$6.1k$16k
GDP per capita growth4.48%-18.17%
Purchasing Power Parity conversion factor0.695.57
Price level ratio of PPP conversion factor GDP to market exchange rate0.410.89
GDP per capita, PPP adjusted$13k$8.8k
GNI, Atlas method$19.1B$392.9B
GNI per capita$5.7k$13k
GNI, PPP adjusted$48.5B$352.8B
GNI per capita, PPP adjusted$15k$12k

Financial system and Human development

StatBosnia and HerzegovinaVenezuela
Income Tax Rate10%34%
Corporate Tax Rate10%34%
Inflation, consumer prices1.4%929789.5%
Inflation, GDP deflator2.8%748.1%
Unemployment20.8%8.4%
Economic Freedom Index62.625.2
Personal Freedom Index86.33
Human Freedom Index7.275.27
Property Rights Index44.410.1
Judical Effectiveness Index33.912.6
Business Freedom Index45.730.8
Fiscal Health Index97.30
Labor Freedom Index67.427.7
Investment Freedom Index650
Financial Freedom Index6010
Trade Freedom Index8058
Monetary Freedom Index82.70
Government Spending Index49.366.3
Tax Burden Index83.672.8
Government Integrity Index41.814.6
Corruption Perceptions Index3818
Life expectancy at birth, years77.172.2
Suicide mortality rate, per 100,000 people8.83.7
Mortality caused by road traffic injury, per 100,000 people15.733.7
Intentional homicides, per 100,000 people1.256.3
International tourism, number of arrivals1.1M427k

Government debt & reserves

StatBosnia and HerzegovinaVenezuela
Central government debt, % of GDP37%175.6%
External debt stocks, % of GNI80.4%33.9%
External debt stocks$15.8B$154.9B
Short-term debt, % of total reserves3.9%421.1%
Total debt service, % of exports and primary income10.8%69%
Adjusted net savings including particulate emission damage, % of GNIN/A7.2%
Gross savings, % of GDP15.2%8.9%
Gross capital formation, % of GDP20.9%-3.7%
Total reserves including gold$6.8B$9.8B
Foreign direct investment net inflows$488.9M$956M

Exports, imports and economic structure

StatBosnia and HerzegovinaVenezuela
Exports of goods and services, % of GDP40.6%30.7%
Imports of goods and services, % of GDP55.8%36.4%
Current account balance (balance of payments)-$750.6M-$3.9B
Revenue excluding grants, % of GDP38.9%N/A
Grants excluding technical cooperation, BoP$226.2M$125.8M
Personal remittances received$2.1B$297.1M
Industry including construction value added, % of GDP24.5%37.2%
Agriculture, forestry and fishing value added, % of GDP5.9%5%
Charges for the use of intellectual property, payments BoP$8.4M$258M
Charges for the use of intellectual property, receipts BoP$26.8MN/A
Expense, % of GDP35.1%N/A
Government Expenditure, % of GDP41.1%33.5%

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

Venezuela vs

CountryGDP
per capita
Population
Czech Republic
$23k
10.7M
Vatican City
$21k
1k
Greece
$20k
10.8M
Curacao
$20k
160k
Slovakia
$19k
5.4M
Saint Kitts and Nevis
$19k
55.3k
Lithuania
$19k
2.79M
Barbados
$18k
286k
Latvia
$18k
1.91M
Uruguay
$17k
3.46M
Trinidad and Tobago
$17k
1.37M
Antigua and Barbuda
$17k
102k
Seychelles
$16k
95.8k
Oman
$16k
4.83M
Hungary
$16k
9.94M
Chile
$16k
18.1M
Palau
$16k
21.7k
Panama
$16k
4.1M
Poland
$15k
38.4M
Croatia
$15k
4.11M
Romania
$12k
19.6M
Costa Rica
$12k
4.91M
Argentina
$12k
44.9M
Malaysia
$11k
31.6M
Russia
$11k
147M
Mauritius
$11k
1.26M
Grenada
$11k
108k
Saint Lucia
$11k
179k
Maldives
$10k
436k
Equatorial Guinea
$10k
1.27M