Bosnia and Herzegovina flag

Bosnia and Herzegovina GDP Growth Rate (2026)

Latest Update: November 2026
Source: IMF
Bosnia and Herzegovina has a Balkan economy supported by services, manufacturing, remittances, trade, and household consumption. This page explores its GDP growth trend, historical performance, regional position, and outlook.
GDP Growth Rate 2026
+2.2%
Annual real GDP growth
World Rank
#130
Out of 195 countries
Change vs 2025
+0.2 pp
2025: +2.0%
Europe Rank
#14
Out of 43 countries

1. Bosnia and Herzegovina GDP Growth Rate in 2026

Economic growth is influenced by consumer demand, exports, investment, manufacturing, and European conditions. Remittances and regional trade also provide important support.

2. Bosnia and Herzegovina GDP Growth Rate Trends (1996–2026)

The country’s growth history reflects post-conflict reconstruction, economic transition, European integration, and gradual industrial development. External demand has remained important.

3. Bosnia and Herzegovina GDP Growth Rate (Historical Data)

Year GDP Growth Rate Change (pp)
2026 +2.2% +0.2 pp
2025 +2.0% -1.2 pp
2024 +3.2% +1.2 pp
2023 +2.0% -2.2 pp
2022 +4.2% -3.2 pp
2021 +7.4% +10.4 pp
2020 -3.0% -5.9 pp
2019 +2.9% -0.9 pp
2018 +3.8% +0.6 pp
2017 +3.2% 0.0 pp

4. Bosnia and Herzegovina GDP Growth Performance

Current Growth Rate
+2.2%
(2026 to 2026)
5-Year Average
+2.7%
(2022 to 2026)
10-Year Average
+2.8%
(2017 to 2026)
20-Year Average
+2.4%
(2007 to 2026)
The economy benefits from manufacturing and remittance-supported consumption, but political fragmentation and weak investment constrain stronger expansion.

5. Bosnia and Herzegovina GDP Growth Rate vs Europe and World

Bosnia and Herzegovina
+2.2%
Europe Average
+1.9%
World Average
+2.8%
0.0% 1.4% 2.8%
Annual real GDP growth (%)
Bosnia and Herzegovina’s GDP growth rate is approximately 0.3 pp above the Europe average and 0.6 pp below the world average.

6. Bosnia and Herzegovina GDP Growth Rate Ranking in Europe

Rank Country GDP Growth Rate
#10 Croatia +2.6%
#11 Ireland +2.5%
#12 Czech Republic +2.2%
#13 Latvia +2.2%
#14 Bosnia and Herzegovina +2.2%
#15 Andorra +2.1%
#16 Spain +2.1%
#17 Denmark +2.0%
#18 Slovenia +2.0%

7. Top 10 Fastest-Growing Countries in the World (2026)

Rank Country GDP Growth Rate
#1 Guyana flag Guyana +16.2%
#2 Ethiopia flag Ethiopia +9.2%
#3 Guinea flag Guinea +8.7%
#4 Uganda flag Uganda +7.5%
#5 Bhutan flag Bhutan +7.5%
#6 Rwanda flag Rwanda +7.2%
#7 Vietnam flag Vietnam +7.1%
#8 Benin flag Benin +7.0%
#9 Niger flag Niger +6.7%
#10 Libya flag Libya +6.7%

8. GDP Growth Rate and Economy Size in Bosnia and Herzegovina

Bosnia and Herzegovina GDP (Nominal)
$36.8 Billion
(2026)
Bosnia and Herzegovina GDP Growth Rate
+2.2%
(2026)
Bosnia and Herzegovina often grows faster than mature Western European economies during favorable periods, while institutional challenges limit convergence.

9. Bosnia and Herzegovina GDP Growth Rate Forecast

The outlook depends on reforms, investment, exports, consumption, and European demand. Political uncertainty and weak productivity remain important risks.
Year GDP Growth Rate Change
2027 +2.7% +0.5 pp
2028 +3.0% +0.3 pp
2029 +3.0% 0.0 pp
2030 +3.0% 0.0 pp

10. Bosnia and Herzegovina GDP Growth Rate: Key Findings

Bosnia and Herzegovina GDP growth rate is estimated at +2.2% in 2026.
It ranks #130 globally and #14 in Europe by annual GDP growth rate.
The growth rate accelerated by 0.2 percentage points compared with 2025.
The 5-year average GDP growth rate is +2.7%.
The 10-year average GDP growth rate is +2.8%.
The current rate is 0.3 percentage points above the Europe average.
The current rate is 0.6 percentage points below the world average.
The forecast GDP growth rate is +3.0% in 2030, 0.8 percentage points above the 2026 rate.

11. What Is GDP Growth Rate?

GDP growth rate measures the percentage change in a country’s real gross domestic product from one period to the next, usually year over year.
GDP Growth Rate = (Real GDPₜ − Real GDPₜ₋₁) ÷ Real GDPₜ₋₁ × 100
A positive rate indicates economic expansion, while a negative rate indicates contraction. Real GDP growth is preferred for growth comparisons because it adjusts for price changes.

12. Methodology and Data Sources

Additional Source: World Bank
Measure: Annual percentage change in real GDP
Unit: Percent (%)
Comparisons: Year-to-year rate differences are shown in percentage points (pp)
Update Frequency: Annually and when new forecasts are released
Last Updated: November 2026

13. Bosnia and Herzegovina GDP Growth Rate FAQs

Bosnia and Herzegovina GDP growth rate is estimated at +2.2% in 2026.
Bosnia and Herzegovina ranks #130 globally and #14 in Europe by annual GDP growth rate.
The economy is expanding, with real GDP growth of approximately +2.2% in 2026.
Bosnia and Herzegovina GDP growth rate was +4.3% in 2015.
Bosnia and Herzegovina GDP growth rate is 0.3 percentage points above the Europe average.
Disclaimer: All data are estimates based on IMF, World Bank, United Nations and related economic datasets. Figures may differ from official national statistics.