BEST BANKS 2014: EUROPE

BEST BANKS 2014: EUROPE

The region battled continuing recession or, at best, slow growth, a tightening regulatory environment and country-specific banking taxes or fines for past misdemeanors.

 
 
Source
Central bank

Central Bank of Bosnia and Herzegovina

International Reserves

US$ 4.984 billion (Source: World Bank; Data updated: 2013)

Gross Domestic Product - GDP

US$ 19 billion (2014 estimate)

GDP (Purchasing Power Parity)

33 billion of International dollars (2014 estimate)

Real GDP growth
2003 2004 2005 2006 2007 2008 2009 2010
3.5% 6.3% 3.9% 5.7% 6.0% 5.6% -2.7% 0.8%
2011 2012 2013 2014*        
1.0% -1.2% 1.2% 2.0%        

*Estimate

GDP per capita - current prices

US$ 4,940 (2014 estimate)

GDP per capita - PPP

$8,590 International Dollars (2014 estimate)

GDP (PPP) - share of world total
1980 1990 2000 2010 2014*
N/A N/A 0.04% 0.04% 0.04%

*Estimate

 
 
Source
GDP - composition by sector
  • agriculture: 8.1% 
  • industry: 26.4% 
  • services: 65.5% (2013 estimate)
Gross domestic expenditure on R&D; (% of GDP)

N/A

 

Inflation
2011 2012 2013 2014*
3.7% 2.0% -0.1% 1.1%

*Estimate

Unemployment rate
2011 2012 2013 2014*
27.6% 28.0% 27.0% 25.5%

*Estimate

Household saving rates

N/A

Public debt (General government gross debt as a % of GDP)
2010 2011 2012 2013 2014*
39.1% 40.8% 44.6% 42.7% 42.4%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2010 2011 2012 2013 2014**
-3.9% -2.6% -3.1% -2.2% -1.6%

*Estimate    **Forecast

Government bond ratings

Standard & Poor's: B

Moody's rating: B3

Moody's outlook: STA

(Foreign Currency Government Bond Ratings; Data last updated Sept 2014)

Market value of publicly traded shares
2010 2011 2012
N/A N/A N/A
Largest companies in Bosnia and Herzegovina

N/A

 
 
Source
Current account balance

US$ -1.443 billion (2014 estimate)

Current account balance by percentage of GDP

-7.545% of GDP (2014 estimate)

Exports as percent of GDP(Exports of goods and services)

31.2% (2012)

Shares in world total merchandising export

0.03% (2012)

Shares in world total commercial services export

0.02% (2012)

Total exports

US$5,687.00 billion (2013 estimate) 

Export commodities

metals, clothing, wood products

Total imports

US$10.300 billion (2013 estimate) 

 
 
Source
Import commodities

machinery and equipment, chemicals, fuels, foodstuffs

Exports - major partners

Germany 15.6%, Croatia 14.2%, Italy 12.1%, Serbia 9.1%, Austria 8.2%, Slovenia 8.1% (2012 est.)

Imports - major partners

Germany 11.4%, Russian Federation 9.9%, Serbia 9.8%, Italy 9.7%, China 6%, Slovenia 5%, Croatia 12.8% (2012 est.)

FDI inflows
2011 2012 2013
US$493 million US$366 million US$332 million
FDI outflows
2011 2012 2013  
US$18 million US$15 million US$-13 million  
Value of cross-border M&A; by country of purchaser
2010 2011 2012 2013
N/A N/A US$1 million N/A
Cross-border M&A; deals worth over $3 billion completed in 2012 (Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(for a monthly update on M&A; click here )

Cross-border M&A; deals worth over $3 billion completed in 2013 (Acquiring company, Acquired company, Country of the acquired company, Value of the deal)

N/A

(for a monthly update on M&A; click here )

Best countries for doing business World Bank/IFC Doing Business Project

Economies are ranked on their ease of doing business, from 1 - 189. A high ranking means the regulatory environment is more conducive to the starting and operation of a local firm.

Overall ranking: 131 out of 189 countries (2013)

Subcategories:

Starting a business: 174 out of 189 countries

Enforcing Contracts: 115 out of 189 countries

Registering Property: 96 out of 189 countries

Getting credit: 73 out of 189 countries

Protecting investors: 115 out of 189 countries

Trading across border: 107 out of 189 countries

Paying Taxes: 135 out of 189 countries

Dealing with Construction Permits: 175 out of 189 countries

Getting Electricity: 164 out of 189 countries

Resolving Insolvency: 77 out of 189 countries

(2013)

Global competitiveness ranking(ranking by country on a basis of 144, the first is the best)

N/A

 

 

Index of Economic FreedomWSJ and Heritage Foundation

Ranking: 101 Score: 58.4 (Mostly Unfree) (2014)

(100=totally free 0=totally repressed )

 
 
Source
Time zone

UTC+1

Total area

51,197 sq km

Capital

Sarajevo 

Currency

konvertibilna markas (BAM)

Government type

emerging federal democratic republic

Languages

Bosnian (official), Croatian (official), Serbian (official)

Religions

Muslim 40%, Orthodox 31%, Roman Catholic 15%, other 14%

Total population
1990 2000 2010 2014* 2019**
N/A 3.781 million 3.897 million 3.871 million 3.828 million

*Estimate    **Forecast

 
 
Source
Urban population as % of total population
1960 1980 2000 2013
19% 36% 39% 39%
Population median age

40.8 years (2014 estimate)

Population growth rate

-0.11% (2014 est.)

Life expectancy

76.33 years (2014 estimate)

Adult literacy

98% (2011 estimate)

% of population living on less than $2 a day

0.1% (2007)

Inequality of wealth distribution (Gini index)

33 (2007)

(0=perfect equality, 100=absolute inequality)

Freedom House rating

Political Rights: 3
Civil Liberties: 3 (2014)

(1 represents the most free, 7 the least free)

Total telephone subscribers as % of population

Fixed 23.2%  Mobile 91.2%
(2013)
(fixed-telephone subscribers and mobile-cellular subscribers)

 

Internet users as % of total population

67.9% (2013)

Cost of living - Mercer index(ranking by city on a basis of 214; the 1st is the most expensive and the 214th is the least expensive)

Sarajevo: 188th (2014)

CO2 emissions(Metric tons of CO2 per capita)

8.1 (2010)

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2013

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