Bosnia and Herzegovina: Fiscal balance, percent of GDP
* indicates monthly or quarterly data series
| Bosnia and Herzegovina |
Fiscal balance, percent of GDP |
|---|---|
| Latest value | 1.92 |
| Year | 2019 |
| Measure | percent |
| Data availability | 2005 - 2019 |
| Average | -0.09 |
| Min - Max | -4.32 - 2.75 |
| Source | Central Bank of Bosnia and Herzegovina |
The latest value from 2019 is 1.92 percent, a decline from 2.2 percent in 2018. In comparison, the world average is -1.46 percent, based on data from 188 countries. Historically, the average for Bosnia and Herzegovina from 2005 to 2019 is -0.09 percent. The minimum value, -4.32 percent, was reached in 2009 while the maximum of 2.75 percent was recorded in 2006.
See the global rankings for that indicator or
use the country comparator to compare trends over time.
Select indicator
* indicates monthly or quarterly data series
Recent data
Historical series
Definition: The fiscal (budget) balance is the difference between government revenue and government expenditure. We express the value as percent of GDP to relate it to the size of the economy.
Selected articles from our guide:
What factors determine the exchange rates
International lending and sovereign debt
All articles
| Related indicators | Latest | Reference | Measure |
|---|---|---|---|
| Government spending, percent of GDP | 19.92 | 2023 | percent |
| Government spending, in dollars | 5.39 | 2023 | billion U.S. dollars |
| Fiscal balance, percent of GDP | 1.92 | 2019 | percent |
| Government debt | 31.01 | 2022 | percent |
| Government expenditure | 2.54 | Q2/2024 | billion |
| Tax revenue | 19.09 | 2022 | percent |
| Commercial tax rate | 23.70 | 2019 | percent |
| Tax preparation time | 411 | 2019 | hours |
| Number of taxes | 33 | 2019 | taxes |
| Taxes on goods and services | 52.48 | 2022 | percent |
| Taxes on international trade | 0.00 | 2022 | percent |
| Income and profits taxes | 11.27 | 2022 | percent |
| Foreign aid | 283.90 | 2022 | million U.S. dollars |