Goods and services expense in Bosnia and Herzegovina
Bosnia and Herzegovina: Goods and services expense was 17.0% in 2023. ▼ Falling
Goods and services expense in Bosnia and Herzegovina, 2005–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
In 2023, goods and services expense in Bosnia and Herzegovina stood at 17.0%.
That represents a change of down 1.7% on the previous year and down 8.8% over ten years.
Over the whole period, goods and services expense in Bosnia and Herzegovina peaked at 25.5% in 2006 and was at its lowest, 17.0%, in 2014.
Bosnia and Herzegovina ranks 59th of 154 countries on this measure, in the middle of the range.
The long-run direction has been consistently falling across the 19 years of available data.
Goods and services expense in Bosnia and Herzegovina, year by year
| Year | % of expense | Change |
|---|---|---|
| 2005 | 24.2% | — |
| 2006 | 25.5% | +5.2% |
| 2007 | 24.3% | -4.6% |
| 2008 | 22.7% | -6.7% |
| 2009 | 22.9% | +0.8% |
| 2010 | 23.6% | +3.0% |
| 2011 | 18.6% | -21.2% |
| 2012 | 18.3% | -1.3% |
| 2013 | 18.7% | +2.0% |
| 2014 | 17.0% | -9.2% |
| 2015 | 17.8% | +4.9% |
| 2016 | 18.0% | +1.4% |
| 2017 | 18.1% | +0.4% |
| 2018 | 18.2% | +0.3% |
| 2019 | 18.5% | +1.6% |
| 2020 | 17.1% | -7.5% |
| 2021 | 17.5% | +2.5% |
| 2022 | 17.3% | -1.1% |
| 2023 | 17.0% | -1.7% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 23.9% | 22.7% | 25.5% | 5 |
| 2010s | 18.7% | 17.0% | 23.6% | 10 |
| 2020s | 17.2% | 17.0% | 17.5% | 4 |
Countries ranked near Bosnia and Herzegovina
More public sector data for Bosnia and Herzegovina
- Arms imports 12.00 million SIPRI trend indicator values (2021)
- Arms imports (SIPRI trend indicator values), per capita 3.7 SIPRI trend indicator values per person (2021)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0005 SIPRI trend indicator values per US$ of GDP (2021)
- Arms imports (SIPRI trend indicator values), gaps filled 12.00 million SIPRI trend indicator values (2021)
- Military expenditure (current USD), per capita 68.25 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0073 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 9.45 % change on previous year (2024)
- Military expenditure (current USD), gaps filled 215.97 million current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 234.38 SIPRI trend indicator values per square kilometre (2021)
- Military expenditure (current USD), per square kilometre 3,854 current USD per square kilometre (2023)
Frequently asked questions
- What is goods and services expense in Bosnia and Herzegovina?
- Goods and services expense in Bosnia and Herzegovina was 17.0% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest goods and services expense recorded in Bosnia and Herzegovina?
- The highest recorded value was 25.5% in 2006.
- What is the lowest goods and services expense recorded in Bosnia and Herzegovina?
- The lowest recorded value was 17.0% in 2014.
- How does Bosnia and Herzegovina rank for goods and services expense?
- Bosnia and Herzegovina ranks 59th out of 154 countries with data for 2023.
- Is goods and services expense rising or falling in Bosnia and Herzegovina?
- Over the last ten years it is down 8.8%. The long-run trend across the full record is falling.
- Where does this Bosnia and Herzegovina data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Goods and services expense (% of expense). Statizoid updates them automatically from the source API.
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About this data
Goods and services include all government payments in exchange for goods and services used for the production of market and nonmarket goods and services. Use of goods and services for own account capital formation is excluded. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.