Economy ———-
Economic overview: Bosnia and Herzegovina ranked next to The Former Yugoslav Republic of Macedonia as the poorest republic in the old Yugoslav federation. Although agriculture has been almost all in private hands, farms have been small and inefficient, and the republic traditionally has been a net importer of food. Industry has been greatly overstaffed, one reflection of the rigidities of communist central planning and management. TITO had pushed the development of military industries in the republic with the result that Bosnia hosted a large share of Yugoslavia's defense plants. The bitter interethnic warfare in Bosnia caused production to plummet, unemployment and inflation to soar, and human misery to multiply. No economic statistics for 1992-95 are available, although output clearly has fallen substantially below the levels of earlier years and almost certainly is well below $1,000 per head. The country receives substantial amounts of humanitarian aid from the international community.
GDP: purchasing power parity - $1 billion (1995 est.)
GDP real growth rate: NA%
GDP per capita: $300 (1995 est.)
GDP composition by sector: agriculture: NA% industry: NA% services: NA%
Inflation rate (consumer prices): NA%
Labor force: 1,026,254 by occupation: NA%
Unemployment rate: NA%
Budget: revenues: $NA expenditures: $NA, including capital expenditures of $NA