Bosnia and Herzegovina FlagBosnia and Herzegovina

All Is Not Gold That Glitters.

 

General


Population: 3,871,643 (2014), 3,875,723 (2013)
Land Area: 51,129 sq km
Natural Resources: Coal, iron ore, bauxite, copper, lead, zinc, chromite, cobalt, manganese, nickel, clay, gypsum, salt, sand, forests, hydropower
Capital: Sarajevo
Political System: Federal Democratic Republic
State Leader: Bakir Izetbegovic (Bosniak)(2010), Nebojsa Radmanovic(Serb)(2006), Zeljka Komsic (Croat)(2006)
Head of Government: Vjekoslav Bevanda (2012)
Languages: Bosnia, Croatian, Serbian
Currency: Convertible Mark (BAM)
Major Religions: Muslim 40%, Orthodox 31%, Roman Catholic 15%, Other 14%
Major Ethnicities: Bosniak 48%, Serb 37.1%, Croat 14.3%, Other 0.6%
Life Expectancy: 76.33 years (2014), 76.12 years (2013)

Economy


GDP Official Exchange Rate: 18.87 billion (2013), 16.55 billion (2012)
GDP Purchasing Power Parity: 32.16 billion (2013), 32.08 billion (2012)
GDP Per Capita (PPP): 8,300 (2013), 8,300 (2012)
GDP Growth Rate: 0.8% (2013), 0% (2012)
GDP Structure: Agriculture 8.1%, Industry 26.4%, Services 65.5% (2013)
Labour Force By Occupation: Agriculture 18.9%, Industry 29.8%, Services 51.3% (2013)
Industries: Steel, coal, iron ore, lead, zinc, manganese, bauxite, vehicle assembly, textiles, tobacco products, wooden furniture, tank and aircraft assembly, domestic appliances, oil refining
Agriculture Products: Wheat, corn, fruits, vegetables; livestock
Human Development Index: 0.731 (86th)(2014), 0.735 (81st)(2013)
Tourism Revenue: 514 million (2004)
Unemployment Rate: 44.3% (2013)

MilitaryBosnia and Herzegovina Map


Army Size: 24 672 (2004)
Budget: 4.5% of GDP (2005)

Current Situation

 

Bosnia is located in the Balkans, Bosnia is bordered by Croatia, Serbia and Montenegro. Bosnia's economy was severely affected by the war in the 1990s, it is now rebuilding and growing at a steady 5% rate. (2013) Bosnia's growth rate has become essentially flat, this was caused by deadlock in parliament and the effects of the global recession. (2014) Protests against high unemployment and slow growth broke out in February 2014, these were the largest and most violent protests in Bosnia's modern history.

Thoughts & Comments

 

Sources

CIA World Factbook: Bosnia and Herzegovina
Wikipedia: Bosnia and Herzegovina
http://hdrstats.undp.org/en/countries/profiles/BIH.html

Updated on: July 21st, 2014