Bosnia and Herzegovina flag

Bosnia and Herzegovina

Balkans ยท Europe
Population
3.41M
GDP (Nominal)
$28.34B
Capital City
Sarajevo
Currency
BAM (KM)
Avg Salary
$1183/mo
Region
Balkans

Livability Index 2026

36/100
Cost of Living
16/100
Avg Salary
59.3/100
Safety
55.7/100
Healthcare
52/100
Education
58/100
Overall Livability

Institutional Summary

Bosnia and Herzegovina is a culturally rich and visually stunning Balkan nation. It offers expats and digital nomads an incredibly low cost of living, a flat 10% income tax, and breathtaking mountains, though its complex political system and high local unemployment rate remain persistent challenges.

Cost of Living

Monthly Rent (1BR)$300
Monthly Groceries$200
Monthly Transport$30
Utilities & Internet$125
Estimated Total Monthly
$655 /person

AI Algorithm Summary

Major Strengths

  • โ€ข Extremely affordable cost of living
  • โ€ข Accessible immigration and visa pathways

Algorithmic Red Flags

  • โ€ข High unemployment rate (12.6%)

Economic Performance

๐Ÿ“ˆ Stable Growth
GDP Per Capita
$8,310
Inflation Rate
1.7%
Unemployment
12.6%
5-Year GDP Trend

Migration & Visa

Visa-Free (Up to 90 days for EU, US, UK, AUS, CAN citizens)
Temporary Residence Permit (For work, study, or property ownership)
Long-Stay Visa (Type D)
Visa Difficulty
2/10
PR Eligibility
Available after 5 years of continuous legal temporary residence

Employment Landscape

Avg Monthly Salary
$1,183
Trending
Top Performing Industries
Manufacturing (Metals, Wood Processing)
Mining
Tourism
Agriculture

Social Indicators

Life Expectancy
77 Yrs
Literacy Rate
98%
Top Universities (QS Rank)
University of Sarajevo#

Compare Bosnia and Herzegovina

Benchmark against other Tier-1 economies provides critical context for relocation or institutional investment decisions.