Remittance inflows to GDP in Bosnia and Herzegovina
Bosnia and Herzegovina: Remittance inflows to GDP was 9.3% in 2020. ◆ Volatile
Remittance inflows to GDP in Bosnia and Herzegovina, 1998–2020
Source: World Development Indicators (WDI), World Bank. Measured in %.
Analysis
Bosnia and Herzegovina recorded 9.3% for remittance inflows to gdp in 2020. That is the lowest value across all 23 years on record.
That represents a change of down 18.1% on the previous year and down 12.2% over ten years.
Over the whole period, remittance inflows to gdp in Bosnia and Herzegovina peaked at 48.2% in 1998 and was at its lowest, 9.3%, in 2020.
That places Bosnia and Herzegovina 41st out of 197 countries with data for 2020, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Remittance inflows to GDP in Bosnia and Herzegovina, year by year
| Year | % | Change |
|---|---|---|
| 1998 | 48.2% | — |
| 1999 | 40.0% | -17.1% |
| 2000 | 28.4% | -29.0% |
| 2001 | 25.9% | -8.9% |
| 2002 | 22.2% | -14.0% |
| 2003 | 20.5% | -8.0% |
| 2004 | 20.2% | -1.2% |
| 2005 | 18.2% | -10.2% |
| 2006 | 16.7% | -8.0% |
| 2007 | 17.0% | +1.9% |
| 2008 | 14.2% | -16.5% |
| 2009 | 12.1% | -15.1% |
| 2010 | 10.6% | -12.1% |
| 2011 | 10.5% | -1.0% |
| 2012 | 10.7% | +2.0% |
| 2013 | 10.8% | +0.5% |
| 2014 | 11.4% | +5.4% |
| 2015 | 11.1% | -2.2% |
| 2016 | 10.9% | -1.7% |
| 2017 | 11.2% | +2.2% |
| 2018 | 11.2% | +0.5% |
| 2019 | 11.4% | +1.4% |
| 2020 | 9.3% | -18.1% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 44.1% | 40.0% | 48.2% | 2 |
| 2000s | 19.5% | 12.1% | 28.4% | 10 |
| 2010s | 11.0% | 10.5% | 11.4% | 10 |
| 2020s | 9.3% | 9.3% | 9.3% | 1 |
Countries ranked near Bosnia and Herzegovina
More financial sector data for Bosnia and Herzegovina
- Reserve position in the IMF, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve position in the IMF, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 0.1587 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2025)
- Reserve position in the IMF, SDR, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 0.1159 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate 5.01 % change on previous year (2025)
- Reserve tranche position, US dollar, per unit of GDP 0 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 0.1587 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2025)
Frequently asked questions
- What is remittance inflows to gdp in Bosnia and Herzegovina?
- Remittance inflows to gdp in Bosnia and Herzegovina was 9.3% in 2020, according to World Development Indicators (WDI), World Bank.
- What is the highest remittance inflows to gdp recorded in Bosnia and Herzegovina?
- The highest recorded value was 48.2% in 1998.
- What is the lowest remittance inflows to gdp recorded in Bosnia and Herzegovina?
- The lowest recorded value was 9.3% in 2020.
- How does Bosnia and Herzegovina rank for remittance inflows to gdp?
- Bosnia and Herzegovina ranks 41st out of 197 countries with data for 2020.
- Is remittance inflows to gdp rising or falling in Bosnia and Herzegovina?
- Over the last ten years it is down 12.2%. The long-run trend across the full record is volatile.
- Where does this Bosnia and Herzegovina data come from?
- The figures come from World Development Indicators (WDI), World Bank, published as part of Remittance inflows to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Workers' remittances and compensation of employees comprise current transfers by migrant workers and wages and salaries earned by nonresident workers. Data are the sum of three items defined in the fifth edition of the IMF's Balance of Payments Manual: workers' remittances, compensation of employees, and migrants' transfers. Remittances are classified as current private transfers from migrant workers resident in the host country for more than a year, irrespective of their immigration status, to recipients in their country of origin. Migrants' transfers are defined as the net worth of migrants who are expected to remain in the host country for more than one year that is transferred from one country to another at the time of migration. Compensation of employees is the income of migrants who have lived in the host country for less than a year.