Bosnia and Herzegovina

Bosnia & Herzegovina faced a struggle to overcome war damage following the war in the Balkans from 1992-1995, and also to make the transition from a planned to a market economy.

Economic Weaknesses

war damage of $20-$40 billion. Lowest foreign investment in entire region. Corruption. High unemployment. Inefficient agricultural sector & high unemployment.

Population 3,885,310
Capital city Sarajevo
Currency Marka
World GNP Ranking 104
Unemployment 45.5%
Inflation 2.5%

 

Source: Central Intelligence Agency; The World Factbook, March 2009