How wealthy is Bosnia?

How wealthy is Bosnia?

3,250,000 (1 January 2021, est.) $51.996 billion (PPP, 2021 est.) …

Is Bosnia a good place to live?

Sarajevo, Bosnia and Herzegovina, is characterized by reasonably priced housing. According to our city rankings, this is a good place to live with high ratings in cost of living, safety and taxation. Sarajevo is one of the top ten city matches for 1.9\% of Teleport users.

Why is Bosnia so poor?

Aside from the nearly one-fifth of the population already in poverty, approximately 50 percent of the country is vulnerable to becoming poor. This vulnerability is largely due to factors including lack of education, economic opportunity and recovery after the war.

What is the poverty rate in Bosnia?

Despite its small size, however, about 18.56 percent, or 640,000 people, live in absolute poverty in Bosnia. Aside from the nearly one-fifth of the population already in poverty, approximately 50 percent of the country is vulnerable to becoming poor.

Where is Bosnia and Herzegovina in the world?

Bosnia and Herzegovina is located in the Balkan Peninsula. The country is bordered by Serbia, Croatia, and Montenegro. It also shares a coastline with the Adriatic Sea. Bosnia faces the dual challenge of rebuilding the war-torn country and recovering the economy, one of the poorest in Europe.

What are the biggest challenges facing Bosnia today?

Bosnia faces the dual challenge of rebuilding the war-torn country and recovering the economy, one of the poorest in Europe. Though the country was once prosperous, the political unrest in the 1990s led to a dramatic change in the economy of Bosnia.

What is the economy like in Bosnia and Herzegovina?

Bosnia’s economy has continued to grow since its independence, offering citizens a hope of better living conditions and decreased poverty in the long-term. In recent years, Bosnia and Herzegovina has maintained over 2 percent GDP growth since 2015 and has gone from a GDP of USD $16.9 billion to one of USD $18.17 billion.