GDP from Manufacturing

Manufacturing comprises units engaged in the physical or chemical transformation of materials, substances, or components into new products.

Scale: Higher values indicate a larger share of manufacturing in GDP.          

Direction of Change

MANUFACTURING’S ROLE HAS FLUCTUATED OVER THREE DECADES

Manufacturing’s contribution to Bosnia and Herzegovina’s economy shows fluctuating dynamics. After starting from a comparatively strong position in the mid-1990s, the share of manufacturing in GDP dropped in the early 2000s before entering a prolonged upward trajectory. From the 2010s onward, the trend became unmistakably positive, with the share of manufacturing in GDP gaining ground year after year until it began to decline again in 2023. Viewed across Dayton benchmark years, the pattern remains consistent: the manufacturing base fluctuates and gradually changes over the whole period. Taken together, the data indicate changing manufacturing dynamics, with highs and lows, leaving today’s share almost at the same level as in 1995.

Global Rank

Compared with all geographic entities listed in the Index

Note: Population-weighted averages for Europe and the world.

Regional Rank

Compared with six former Yugoslav countries and Albania

Note: In 1995, Montenegro, Serbia, and Kosovo were part of the Federal Republic of Yugoslavia.

1995 (highest → lowest): Serbia, Slovenia, North Macedonia, Croatia, Bosnia and Herzegovina, Albania.

2024 (highest → lowest): Slovenia, North Macedonia, Kosovo, Bosnia and Herzegovina, Croatia, Albania.

Conclusion

Over the past 30 years, Bosnia and Herzegovina has experienced fluctuating manufacturing employment, with significant gains and losses, only to find itself almost back at the starting point.

Source: World Bank and OECD national accounts (2025) – processed by Our World in Data.