Insurance and financial services in Bosnia and Herzegovina
Bosnia and Herzegovina: Insurance and financial services was 4.8% in 2025. ▼ Falling
Insurance and financial services in Bosnia and Herzegovina, 1998–2025
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of commercial service imports.
Analysis
The most recent figure for insurance and financial services in Bosnia and Herzegovina is 4.8%, measured in 2025.
The figure is up 9.7% on the previous year and down 34.0% over ten years.
Over the whole period, insurance and financial services in Bosnia and Herzegovina peaked at 12.5% in 2004 and was at its lowest, 1.9%, in 2009.
Bosnia and Herzegovina ranks 118th of 197 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 28 years of available data.
Insurance and financial services in Bosnia and Herzegovina, year by year
| Year | % of commercial service imports | Change |
|---|---|---|
| 1998 | 9.5% | — |
| 1999 | 9.5% | -0.2% |
| 2000 | 9.6% | +0.6% |
| 2001 | 11.5% | +20.3% |
| 2002 | 12.3% | +7.1% |
| 2003 | 11.6% | -5.8% |
| 2004 | 12.5% | +7.5% |
| 2005 | 8.1% | -35.2% |
| 2006 | 8.0% | -1.5% |
| 2007 | 4.5% | -43.3% |
| 2008 | 3.1% | -30.6% |
| 2009 | 1.9% | -38.6% |
| 2010 | 2.9% | +48.7% |
| 2011 | 3.3% | +15.0% |
| 2012 | 4.2% | +28.5% |
| 2013 | 8.8% | +107.3% |
| 2014 | 9.0% | +2.9% |
| 2015 | 7.3% | -19.0% |
| 2016 | 9.0% | +22.4% |
| 2017 | 10.1% | +12.9% |
| 2018 | 9.6% | -4.6% |
| 2019 | 8.4% | -12.7% |
| 2020 | 11.2% | +33.5% |
| 2021 | 8.2% | -26.6% |
| 2022 | 4.9% | -40.9% |
| 2023 | 6.3% | +30.0% |
| 2024 | 4.4% | -30.6% |
| 2025 | 4.8% | +9.7% |
Bosnia and Herzegovina compared with similar countries
- Bosnia and Herzegovina's 4.8% is below the median for upper middle income countries, which is 6.3%, 77% of the median. (55 countries reporting)
- Bosnia and Herzegovina's 4.8% is below the median for Europe & Central Asia, which is 5.2%, 93% of the median. (51 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 9.5% | 9.5% | 9.5% | 2 |
| 2000s | 8.3% | 1.9% | 12.5% | 10 |
| 2010s | 7.3% | 2.9% | 10.1% | 10 |
| 2020s | 6.7% | 4.4% | 11.2% | 6 |
Countries ranked near Bosnia and Herzegovina
More private sector data for Bosnia and Herzegovina
- Merchandise trade 83.3% (2025)
- Food imports 18.2% (2025)
- Manufactures imports 63.7% (2025)
- Merchandise imports 17.33 billion current US$ (2025)
- Food exports 7.4% (2025)
- Manufactures exports 72.2% (2025)
- Merchandise exports 9.81 billion current US$ (2025)
- Merchandise exports (current US$), per capita 3,125 current US$ per person (2025)
- Merchandise exports (current US$), per unit of GDP 0.301 current US$ per US$ of GDP (2025)
- Merchandise exports (current US$), annual growth rate 10.38 % change on previous year (2025)
Frequently asked questions
- What is insurance and financial services in Bosnia and Herzegovina?
- Insurance and financial services in Bosnia and Herzegovina was 4.8% in 2025, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest insurance and financial services recorded in Bosnia and Herzegovina?
- The highest recorded value was 12.5% in 2004.
- What is the lowest insurance and financial services recorded in Bosnia and Herzegovina?
- The lowest recorded value was 1.9% in 2009.
- How does Bosnia and Herzegovina rank for insurance and financial services?
- Bosnia and Herzegovina ranks 118th out of 197 countries with data for 2025.
- Is insurance and financial services rising or falling in Bosnia and Herzegovina?
- Over the last ten years it is down 34.0%. The long-run trend across the full record is falling.
- Where does this Bosnia and Herzegovina data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Insurance and financial services (% of commercial service imports). Statizoid updates them automatically from the source API.
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About this data
Financial services covers services related to financial intermediation, financial risk management, liquidity transformation or auxiliary financial activities. It also includes insurance and pension scheme services which are services related to providing life insurance and annuities, non-life insurance, reinsurance, pensions, standardised guarantees and auxiliary services to insurance, pension schemes, and standardised guarantee schemes. This indicator is expressed as a percentage of service imports which are commercial services provided by non-residents to residents.