Bosnia and Herzegovina - Balance of payments

The US Central Intelligence Agency (CIA) reports that in 2001 the purchasing power parity of Bosnia and Herzegovina's exports was $1.1 billion while imports totaled $3.1 billion resulting in a trade deficit of $2 billion. The International Monetary Fund (IMF) reports that in 2001 Bosnia and Herzegovina had exports of goods totaling $1.17 billion and imports totaling $3.92 billion. The services credit totaled $288 million and debit $228 million. Although Bosnia and Herzegovina runs large trade deficits, due to low domestic production, the gap between imports and exports in the early 2000s was narrowing steadily. Export growth in 2001 was fueled by duty-free access of Bosnian exports to the EU.

The following table summarizes Bosnia and Herzegovina's balance of payments as reported by the IMF for 2001 in millions of US dollars.

Bosnia and Herzegovina

Current Account -1,362
Balance on goods -2,752
Balance on services 60
Balance on income 336
Current transfers 994
Capital Account 391
Financial Account 1,551
Direct investment abroad
Direct investment in Bosnia and Herzegovina 222
Portfolio investment assets
Portfolio investment liabilities
Other investment assets 14
Other investment liabilities 20
Net Errors and Omissions 76
Reserves and Related Items -655
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