Economic Analysis: BiH’s External and Internal Debt

May 10, 2019 10:00 AM

At the end of 2018, the public indebtedness of Bosnia and Herzegovina amounted to 11 billion and 118,59 million BAM, out of which the external debt was 8 billion and 205,41 million BAM or 73.8 percent, while the internal debt was 2 billion and 913 million BAM or 26.2 percent.

“Internal debt has been reduced by 241.4 million BAM, and external debt has increased by 352.4 million BAM compared to 2017,” was stated in the State Debt Information Status of Bosnia and Herzegovina on 31 December 2018 and on the session of BiH’s Council of Ministers session.

“In the total public indebtedness, the Federation of BiH participates with 52.16 percent, Republika Srpska with 46.71 percent, BiH institutions with 0.66 percent and District with 0.47 percent. The share of Bosnia and Herzegovina’s public debt in gross domestic product (GDP) in 2018 it was 32.9 percent, “was stated by the Council of Ministers of BiH.

When speaking about external debt, it is stated that the World Bank – IDA and IBRD have a share of 33.51 percent, the European Investment Bank with 22.94 percent, 7.78 percent of the Paris Club of Creditors, the European Bank for Reconstruction and a growth of 6.70 percent, the International Monetary Fund with 5.05 percent, representing 75.98 percent of total external debt.

“BiH External Debt Service amounted to 976.43 million BAM in the previous year, of which the main is 839.53 million BAM, and interest of 136.9 million BAM”.

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