{"id":262819,"date":"2023-08-16T08:23:37","date_gmt":"2023-08-16T08:23:37","guid":{"rendered":"https:\/\/komorars.ba\/?page_id=262819"},"modified":"2023-08-16T08:32:48","modified_gmt":"2023-08-16T08:32:48","slug":"economic-indicators","status":"publish","type":"page","link":"https:\/\/komorars.ba\/en\/economic-indicators\/","title":{"rendered":"Economic indicators"},"content":{"rendered":"

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About Republic of Srpska<\/strong><\/h2>\n

Area<\/strong>: 24.641 km<\/span>2<\/span><\/sup>\u00a0or 49% of the territory of BiH<\/span>
Capital<\/strong>: East Sarajevo (de jure), Banja Luka (seat of government) with more than 200,000 inhabitants<\/span>
Population<\/strong>\u00a0(estimation 2013): 1,326,991<\/span>
Official Languages<\/strong>: Serbian, Bosnian, Croatian<\/span>
Official font<\/strong>: cyrilic, latin<\/span>
Currency<\/strong>: Konvertibilna Marka (KM), ISO currency symbol BAM, 1 Bosnia and Herzegovina Convertible Mark = 100 Feninga, 1 EUR = 1.95583 BAM<\/span>
State-building<\/strong>: Parliamentary republic; Republic of Srpska is one of two entities of BiH<\/span>
Territory<\/strong>: 58 towns and six cities (Banja Luka, East Sarajevo, Prijedor, Bijeljina, Doboj and Trebinje)<\/span><\/p>\n

[\/et_pb_text][\/et_pb_column][et_pb_column type=”1_3” _builder_version=”4.21.0” _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_blurb icon_placement=”left” image_icon_width=”20px” module_class=”custom_title” _builder_version=”4.22.0” _module_preset=”default” header_level=”h3” header_font=”|||on|||||” header_line_height=”1.2em” body_link_text_color=”#FFFFFF” background_color=”#0077b6” background_layout=”dark” display_conditions=”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” custom_margin=”||25px||false|false” custom_padding=”20px|20px|20px|10px|true|false” hover_enabled=”0” border_radii=”on|2px|2px|2px|2px” locked=”off” global_colors_info=”{}” theme_builder_area=”post_content” sticky_enabled=”0” title=”CONTACT”]<\/p>\n

\u017deljka Mili\u0107<\/strong>
Tel.: +387 51 222 990<\/span>
Fax: +387 51 215 565<\/span>
E-Mail:\u00a0<\/span>zeljkaj@komorars.ba<\/a><\/p>\n

[\/et_pb_blurb][\/et_pb_column][\/et_pb_row][et_pb_row module_class=”slider-row” _builder_version=”4.21.0” _module_preset=”default” background_color=”rgba(255,255,255,0)” width=”90%” max_width=”1280px” custom_margin=”|auto|3px|auto||” custom_padding=”40px||||false|false” global_colors_info=”{}” theme_builder_area=”post_content” locked=”off”][et_pb_column type=”4_4” _builder_version=”4.21.0” _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_text _builder_version=”4.22.0” _module_preset=”default” header_3_line_height=”1.2em” hover_enabled=”0” locked=”off” global_colors_info=”{}” theme_builder_area=”post_content” sticky_enabled=”0”]<\/p>\n

General economic indicators 2009 – 2014<\/strong><\/h3>\n
\n
\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n
INDICATORS<\/strong><\/td>\n2009.<\/strong><\/td>\n2010.<\/strong><\/td>\n2011.<\/strong><\/td>\n2012.<\/strong><\/td>\n2013.<\/strong><\/td>\n2014.<\/strong><\/td>\n<\/tr>\n
Population in RS (estimation)<\/td>\n1.435.179<\/td>\n1.433.038<\/td>\n1.429.668<\/td>\n1.429.290<\/td>\n1.425.549<\/td>\n1.421.310<\/td>\n<\/tr>\n
GDP nominal (in 1.000 KM)<\/td>\n8.243.265<\/td>\n8.308.120<\/td>\n8.670.050<\/td>\n8.594.153<\/td>\n8.761.456<\/td>\n8.823.628<\/td>\n<\/tr>\n
Real growth rate<\/td>\n-2,8%<\/td>\n0,8%<\/td>\n0,8%<\/td>\n-1,0%<\/td>\n1,9%<\/td>\n0,4%<\/td>\n<\/tr>\n
Number of employees (september)<\/td>\n253.665<\/td>\n247.388<\/td>\n237.923<\/td>\n238.836<\/td>\n240.305<\/td>\n243.102<\/td>\n<\/tr>\n
Unemployment figure<\/td>\n139.536<\/td>\n145.343<\/td>\n150.344<\/td>\n153.225<\/td>\n151.290<\/td>\n142.675<\/td>\n<\/tr>\n
Average net income (in KM)<\/td>\n788<\/td>\n784<\/td>\n809<\/td>\n818<\/td>\n808<\/td>\n825<\/td>\n<\/tr>\n
Growth rate of industrial production<\/td>\n19,0%<\/td>\n5,0%<\/td>\n4,7%<\/td>\n-4,2%<\/td>\n4,1%<\/td>\n0,7%<\/td>\n<\/tr>\n
Export (in 1.000 KM)<\/td>\n1.672.915<\/td>\n2.177.809<\/td>\n2.561.928<\/td>\n2.374.338<\/td>\n2.588.104<\/td>\n2.694.054<\/td>\n<\/tr>\n
Import (in 1.000 KM)<\/td>\n3.567.104<\/td>\n4.053.076<\/td>\n4.584.193<\/td>\n4.487.543<\/td>\n4.551.601<\/td>\n4.946.182<\/td>\n<\/tr>\n
Current account balance (in 1.000 KM)<\/td>\n-1.894.189<\/td>\n-1.875.267<\/td>\n-2.022.265<\/td>\n-2.113.205<\/td>\n-1.963.497<\/td>\n-2.252.128<\/td>\n<\/tr>\n
Coverage of imports with exports<\/td>\n46,9%<\/td>\n53,7%<\/td>\n55,9%<\/td>\n52,9%<\/td>\n56,9%<\/td>\n54,5%<\/td>\n<\/tr>\n
Inflation (consumer prices)<\/td>\n-0,4%<\/td>\n2,5%<\/td>\n3,9%<\/td>\n2,1%<\/td>\n0,0%<\/td>\n-1,2%<\/td>\n<\/tr>\n
Foreign direct investment (in 1.000 KM)<\/td>\n104.500<\/td>\n\u00a0\u2013<\/td>\n\u2013<\/td>\n\u2013<\/td>\n\u2013<\/td>\n\u2013<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<\/div>\n

[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row module_class=”slider-row” _builder_version=”4.21.0” _module_preset=”default” background_color=”rgba(255,255,255,0)” width=”90%” max_width=”1280px” custom_margin=”|auto|3px|auto||” custom_padding=”40px||||false|false” global_colors_info=”{}” theme_builder_area=”post_content” locked=”off”][et_pb_column type=”4_4” _builder_version=”4.21.0” _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_text _builder_version=”4.22.0” _module_preset=”default” header_3_line_height=”1.2em” hover_enabled=”0” locked=”off” global_colors_info=”{}” theme_builder_area=”post_content” sticky_enabled=”0”]<\/p>\n

Gross domestic product of Republic of Srpska<\/strong><\/h3>\n

In Republic of Srpska (RS), there were in 2008 a significant increase in gross domestic product (GDP), the real growth rate was 6.2%, while the global economic crisis led to a decline in the growth rate to 2.8% in the year of 2009. In 2010 and 2011 there was a gradual recovery of the RS economy, the growth rate was 0.8%, while a negative rate of GDP was recorded by -1.0% in 2012. The nominal value of gross domestic product in Republic of Srpska amounted to KM 8.76 billion, the GDP per capita 146 KM. The economic output had shrunk in Q2 and Q3 of 2014 respectively to -1% and 0.1% respectively, while in the Q1 and Q4 of 2014 amounted 0.5% and 1.4%.<\/p>\n

[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=”1_2,1_2” module_class=”slider-row” _builder_version=”4.21.0” _module_preset=”default” background_color=”rgba(255,255,255,0)” width=”90%” max_width=”1280px” custom_margin=”|auto|3px|auto||” custom_padding=”0px||||false|false” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_column type=”1_2” _builder_version=”4.21.0” _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_image src=”https:\/\/komorars.ba\/wp-content\/uploads\/2023\/08\/GDP-GDP-per-capita.png” title_text=”GDP-GDP-per-capita” _builder_version=”4.22.0” _module_preset=”default” module_alignment=”center” hover_enabled=”0” global_colors_info=”{}” theme_builder_area=”post_content” background_color=”#f1f5f7” custom_padding=”10px|10px|10px|10px|true|true” border_width_all=”1px” border_color_all=”#e1e5e7” sticky_enabled=”0” custom_margin=”||5px||false|false”][\/et_pb_image][et_pb_text _builder_version=”4.22.0” _module_preset=”default” theme_builder_area=”post_content” hover_enabled=”0” sticky_enabled=”0”]<\/p>\n

Source: Institute of Statistics of Republic of Srpska<\/span><\/p>\n

[\/et_pb_text][\/et_pb_column][et_pb_column type=”1_2” _builder_version=”4.21.0” _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_image src=”https:\/\/komorars.ba\/wp-content\/uploads\/2023\/08\/real-GDP-growth-rate.png” title_text=”real-GDP-growth-rate” _builder_version=”4.22.0” _module_preset=”default” module_alignment=”center” global_colors_info=”{}” theme_builder_area=”post_content” custom_padding=”10px|10px|10px|10px|true|true” border_width_all=”1px” border_color_all=”#e1e5e7” sticky_enabled=”0” background_color=”#f1f5f7” custom_margin=”||5px||false|false”][\/et_pb_image][et_pb_text _builder_version=”4.22.0” _module_preset=”default” theme_builder_area=”post_content” hover_enabled=”0” sticky_enabled=”0” locked=”off”]<\/p>\n

Source: Institute of Statistics of Republic of Srpska<\/span><\/p>\n

[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row module_class=”slider-row” _builder_version=”4.22.0” _module_preset=”default” background_color=”rgba(255,255,255,0)” width=”90%” max_width=”1280px” custom_margin=”|auto|3px|auto|false|false” hover_enabled=”0” global_colors_info=”{}” theme_builder_area=”post_content” locked=”off” sticky_enabled=”0” custom_padding=”0px||||false|false”][et_pb_column type=”4_4” _builder_version=”4.21.0” _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_text _builder_version=”4.22.0” _module_preset=”default” header_3_line_height=”1.2em” hover_enabled=”0” locked=”off” global_colors_info=”{}” theme_builder_area=”post_content” sticky_enabled=”0”]<\/p>\n

In the GDP structure for 2013, the trade sector had the highest participation with 12.1%, followed by agriculture, hunting and forestry (10.4%), while the share of manufacturing in GDP in 2014 was at 8.7%.<\/span><\/p>\n

[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=”1_2,1_2” module_class=”slider-row” _builder_version=”4.21.0” _module_preset=”default” background_color=”rgba(255,255,255,0)” width=”90%” max_width=”1280px” custom_margin=”|auto|3px|auto||” custom_padding=”0px||||false|false” global_colors_info=”{}” theme_builder_area=”post_content” locked=”off”][et_pb_column type=”1_2” _builder_version=”4.21.0” _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_image src=”https:\/\/komorars.ba\/wp-content\/uploads\/2023\/08\/Paticipation-of-different-economy-sectors-to-GDP.png” title_text=”Paticipation-of-different-economy-sectors-to-GDP” _builder_version=”4.22.0” _module_preset=”default” module_alignment=”center” hover_enabled=”0” global_colors_info=”{}” theme_builder_area=”post_content” background_color=”#f1f5f7” custom_padding=”10px|10px|10px|10px|true|true” border_width_all=”1px” border_color_all=”#e1e5e7” sticky_enabled=”0” custom_margin=”||5px||false|false”][\/et_pb_image][et_pb_text _builder_version=”4.22.0” _module_preset=”default” theme_builder_area=”post_content” hover_enabled=”0” sticky_enabled=”0”]<\/p>\n

Source: Institute of Statistics of Republic of Srpska<\/span><\/p>\n

[\/et_pb_text][\/et_pb_column][et_pb_column type=”1_2” _builder_version=”4.21.0” _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_image src=”https:\/\/komorars.ba\/wp-content\/uploads\/2023\/08\/Industrial-production-index.png” title_text=”Industrial-production-index” _builder_version=”4.22.0” _module_preset=”default” module_alignment=”center” global_colors_info=”{}” theme_builder_area=”post_content” custom_padding=”10px|10px|10px|10px|true|true” border_width_all=”1px” border_color_all=”#e1e5e7” sticky_enabled=”0” background_color=”#f1f5f7” custom_margin=”||5px||false|false” hover_enabled=”0”][\/et_pb_image][et_pb_text _builder_version=”4.22.0” _module_preset=”default” theme_builder_area=”post_content” hover_enabled=”0” sticky_enabled=”0” locked=”off”]<\/p>\n

Source: Institute of Statistics of Republic of Srpska<\/span><\/p>\n

[\/et_pb_text][\/et_pb_column][\/et_pb_row][et_pb_row column_structure=”1_3,1_3,1_3” module_class=”slider-row” _builder_version=”4.21.0” _module_preset=”default” background_color=”#f1f5f7” width=”90%” max_width=”1280px” custom_margin=”|auto|3px|auto||” custom_padding=”40px|30px|40px|30px|true|true” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_column type=”1_3” _builder_version=”4.21.0” _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_text _builder_version=”4.22.0” _module_preset=”default” custom_margin=”||10px||false|false” hover_enabled=”0” custom_css_main_element=”clear: both;” locked=”off” global_colors_info=”{}” theme_builder_area=”post_content” sticky_enabled=”0”]<\/p>\n

Inflation in Republic of Srpska<\/strong><\/h3>\n

In 2014, the average inflation rate or deflation was 1.2%, while, in the previous year that percentage has been at 0%. The inflation rate in Bosnia and Herzegovina amounted to -0.1% in 2013. In 2014 the neighboring countries also recorded deflation, with the exception of Serbia, where consumer prices rose by 2.9%. The average inflation rate in Croatia in 2014 was -0.2%, -0.7% in Montenegro, while that percentage lay in the EU at 0.5% and in Slovenia at 0.2%.<\/span><\/p>\n

[\/et_pb_text][et_pb_image src=”https:\/\/komorars.ba\/wp-content\/uploads\/2023\/08\/Inflation.png” title_text=”Inflation” _builder_version=”4.22.0” _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content” sticky_enabled=”0” custom_margin=”||5px||false|false” module_alignment=”center” background_color=”#f1f5f7” custom_padding=”10px|10px|10px|10px|true|true” border_width_all=”1px” border_color_all=”#e1e5e7”][\/et_pb_image][et_pb_text _builder_version=”4.22.0” _module_preset=”default” theme_builder_area=”post_content” hover_enabled=”0” sticky_enabled=”0” locked=”off”]<\/p>\n

Source: Institute of Statistics of Republic of Srpska<\/span><\/p>\n

[\/et_pb_text][\/et_pb_column][et_pb_column type=”1_3” _builder_version=”4.21.0” _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_text _builder_version=”4.22.0” _module_preset=”default” custom_margin=”||0px||false|false” hover_enabled=”0” custom_css_main_element=”clear: both;” locked=”off” global_colors_info=”{}” theme_builder_area=”post_content” sticky_enabled=”0”]<\/p>\n

Average net income in Republic of Srpska<\/strong><\/h3>\n

The average wage (net) in the last five years in Republic of Srpska was 809 KM and in this period it increased by 1,052% \u2013 from 784 KM in 2010 to 825 KM in 2014.<\/p>\n

In 2014 in Bosnia and Herzegovina average wages were in the amount of 830 BAM (during the first half of 2014 821 BAM and 839 BAM in the second half)<\/p>\n

[\/et_pb_text][et_pb_image src=”https:\/\/komorars.ba\/wp-content\/uploads\/2023\/08\/Average-net-income-in-RS-and-BiH.png” title_text=”Average-net-income-in-RS-and-BiH” _builder_version=”4.22.0” _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content” custom_margin=”||5px||false|false” sticky_enabled=”0” module_alignment=”center” background_color=”#f1f5f7” custom_padding=”10px|10px|10px|10px|true|true” border_width_all=”1px” border_color_all=”#e1e5e7”][\/et_pb_image][et_pb_text _builder_version=”4.22.0” _module_preset=”default” theme_builder_area=”post_content” hover_enabled=”0” sticky_enabled=”0” locked=”off”]<\/p>\n

Source: Institute of Statistics of Republic of Srpska<\/span><\/p>\n

[\/et_pb_text][\/et_pb_column][et_pb_column type=”1_3” _builder_version=”4.21.0” _module_preset=”default” global_colors_info=”{}” theme_builder_area=”post_content”][et_pb_text _builder_version=”4.22.0” _module_preset=”default” custom_margin=”||0px||false|false” hover_enabled=”0” custom_css_main_element=”clear: both;” locked=”off” global_colors_info=”{}” theme_builder_area=”post_content” sticky_enabled=”0”]<\/p>\n

Educational structure of the labour force in Republic of Srpska<\/strong><\/h3>\n
\n
<\/div>\n<\/div>\n
\n

The educational structure of the labor force in Republic of Srpska in september 2014 is as follows:<\/p>\n