Bosnia and Herzegovina BA: Military Expenditure

1992 - 2022 | Yearly | BAM mn | World Bank

Bosnia and Herzegovina BA: Military Expenditure data was reported at 343.063 BAM mn in 2022. This records a decrease from the previous number of 346.880 BAM mn for 2021. Bosnia and Herzegovina BA: Military Expenditure data is updated yearly, averaging 294.600 BAM mn from Dec 1992 (Median) to 2022, with 22 observations. The data reached an all-time high of 500.892 BAM mn in 2002 and a record low of 271.148 BAM mn in 2017. Bosnia and Herzegovina BA: Military Expenditure data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Bosnia and Herzegovina – Table BA.World Bank.WDI: Defense and Official Development Assistance. Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country). Excluded are civil defense and current expenditures for previous military activities, such as for veterans' benefits, demobilization, conversion, and destruction of weapons. This definition cannot be applied for all countries, however, since that would require much more detailed information than is available about what is included in military budgets and off-budget military expenditure items. (For example, military budgets might or might not cover civil defense, reserves and auxiliary forces, police and paramilitary forces, dual-purpose forces such as military and civilian police, military grants in kind, pensions for military personnel, and social security contributions paid by one part of government to another.);Stockholm International Peace Research Institute (SIPRI), Yearbook: Armaments, Disarmament and International Security.;;Data for some countries are based on partial or uncertain data or rough estimates. For additional details please refer to the military expenditure database on the SIPRI website: https://sipri.org/databases/milex

View Bosnia and Herzegovina's Bosnia and Herzegovina BA: Military Expenditure from 1992 to 2022 in the chart:

Bosnia and Herzegovina Bosnia and Herzegovina BA: Military Expenditure

What was Bosnia and Herzegovina's Bosnia and Herzegovina BA: Military Expenditure in 2022?

Last Previous Min Max Unit Frequency Range
343.063 2022 346.880 2021 271.148 2017 500.892 2002 BAM mn yearly 1992 - 2022

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Bosnia and Herzegovina Key Series

National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 23,303.050 2027 yearly 1996 - 2027
Forecast: Nominal GDP Per Capita (USD) 9,127.680 2027 yearly 1996 - 2027
Forecast: Real GDP Growth (%) 3.000 2028 yearly 1997 - 2028
GDP Deflator Growth (%) 12.7 Sep 2022 quarterly Mar 2009 - Sep 2022
GDP per Capita (USD) 7,970.000 2023 yearly 2000 - 2023
Gross Fixed Capital Formation (USD mn) 6,367.905 2023 yearly 1995 - 2023
Gross National Product (GNP) (USD mn) 26,985.981 2023 yearly 1990 - 2023
Gross Savings Rate (%) 19.4 Jun 2024 quarterly Mar 2008 - Jun 2024
Investment: % of GDP (%) 32.4 Jun 2024 quarterly Mar 2008 - Jun 2024
Nominal GDP (USD mn) 6,170.0 Sep 2022 quarterly Mar 2008 - Sep 2022
Nominal GDP Growth (%) 2.641 Jun 2024 quarterly Mar 2009 - Jun 2024
Private Consumption Expenditure (USD mn) 4,922.681 Jun 2024 quarterly Mar 2008 - Jun 2024
Private Consumption: % of GDP (%) 62.8 Jun 2024 quarterly Mar 2008 - Jun 2024
Public Consumption Expenditure (USD mn) 1,398.190 Jun 2024 quarterly Mar 2008 - Jun 2024
Public Consumption: % of GDP (%) 17.8 Jun 2024 quarterly Mar 2008 - Jun 2024
Real GDP Growth (%) 2.6 Sep 2022 quarterly Mar 2009 - Sep 2022
Total Trade of Goods & Services: % of Nominal GDP (%) 89.713 Jun 2024 quarterly Mar 2008 - Jun 2024
Production Last Frequency Range
Industrial Production Index Growth (%) -5.7 Sep 2024 monthly Jan 2007 - Sep 2024
Minerals Production (Metric Ton) 16,628,873.000 2022 yearly 2009 - 2022
Construction and Properties Last Frequency Range
House Prices Growth (%) 17.0 2022 yearly 2009 - 2022
Building Permits (Unit) 596.000 Sep 2024 monthly Jan 2013 - Sep 2024
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) 2.8 Jun 2024 quarterly Dec 2008 - Jun 2024
Forecast: Government Expenditure (BAM bn) 28.027 2029 yearly 1998 - 2029
Forecast: Government Net Debt (BAM bn) 25.461 2029 yearly 1998 - 2029
Forecast: Government Revenue (BAM bn) 27.329 2029 yearly 1998 - 2029
Government Debt: % of GDP (%) 19.1 2023 yearly 2007 - 2023
Tax Revenue (USD mn) 5,952.843 2023 yearly 2003 - 2023
National Government Debt (USD mn) 3,441.3 2023 yearly 2007 - 2023
Consolidated Fiscal Balance (%) 2.840 Jun 2024 quarterly Dec 2008 - Jun 2024
Tax Revenue: % of GDP (%) 21.6 2023 yearly 2005 - 2023
Demographic and Labour Market Last Frequency Range
Employed Persons (Person) 847,865.000 Aug 2024 monthly Mar 2007 - Aug 2024
Forecast: Population (Person mn) 3.416 2028 yearly 1996 - 2028
Forecast: Unemployment Rate (%) 13.200 2029 yearly 1995 - 2029
Labour Force Participation Rate (%) 47.8 2023 yearly 2006 - 2023
Labour Productivity Growth (%) -0.81 2023 yearly 2007 - 2023
Monthly Earnings (USD) 1,212 Aug 2024 monthly Jan 2003 - Aug 2024
Population (Person mn) 3.4 2022 yearly 1996 - 2022
Unemployment Rate (%) 13.17 2023 yearly 2006 - 2023

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