Personal Income Tax Rates

The OECD defines tax as a compulsory unrequited payment to the government. A taxable base is the base amount on which the tax rate is applied—such as corporate income, personal income, or property.

 
 
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$ 20 billion (2015 estimate)

GDP (Purchasing Power Parity)

40 billion of International dollars (2015 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* 2015*      
1.0% -1.2% 2.1% 0.7% 3.5%      

*Estimate

GDP per capita - current prices

US$ 5,300 (2015 estimate)

GDP per capita - PPP

10,360 International Dollars (2015 estimate)

GDP (PPP) - share of world total
1980 1990 2000 2010 2015*
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* 2015*
3.7% 2.0% -0.1% 1.1% 1.5%
       

*Estimate

Unemployment rate
2011 2012 2013 2014* 2015*
27.6% 28.0% 27.0% 25.5% 24.5  

*Estimate

Household saving rates

N/A

Public debt (General government gross debt as a % of GDP)
2010 2011 2012 2013 2014* 2015*
39.1% 40.8% 44.6% 42.5% 46.1%

46.0%

*Estimate

Public deficit (General government net lending/borrowing as a % of GDP)
2010 2011 2012 2013 2014* 2015*
-3.5% -2.8% -2.7% -1.9% -4.1% -2.7%

   *Estimate

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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