Bosnia and Herzegovina - Income



The US Central Intelligence Agency (CIA) reports that in 2001 Bosnia and Herzegovina's gross domestic product (GDP) was estimated at $7 billion. The per capita GDP was estimated at $1,800. The annual growth rate of GDP was estimated at 6%. The average inflation rate in 2001 was 5%. The CIA defines GDP as the value of all final goods and services produced within a nation in a given year and computed on the basis of purchasing power parity (PPP) rather than value as measured on the basis of the rate of exchange. It was estimated that agriculture accounted for 16% of GDP, industry 28%, and services 56%.

According to the United Nations, in 2000 remittances from citizens working abroad totaled $179.1 million or about $138 per capita and accounted for approximately 12.9% of GDP. Foreign aid receipts amounted to about $157 per capita and accounted for approximately 13% of the gross national income (GNI).

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