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What is the average income in Bosnia?

Posted on August 26, 2022 by Author

Table of Contents

  • 1 What is the average income in Bosnia?
  • 2 How much money do you need to live in Bosnia?
  • 3 Why are there so few doctors in Bosnia?
  • 4 Is elderly care secure in Bosnia and Herzegovina?

What is the average income in Bosnia?

Economy of Bosnia and Herzegovina

Statistics
Labour force 1,226,600 (June 30th, 2019) 35.5\% employment rate (April 2019)
Unemployment 15.7\% (October 2020) 33.8\% youth unemployment (2019)
Average gross salary 1,552 BAM / €790.64 / $894.55 (August 2021)
Average net salary 1,007 BAM / €513.80 / $581.80 (August 2021

How much money do you need to live in Bosnia?

Summary: Family of four estimated monthly costs are 1,642$ (2,838KM) without rent. A single person estimated monthly costs are 488$ (844KM) without rent. Cost of living in Bosnia And Herzegovina is, on average, 49.10\% lower than in United States.

Is Bosnia and Herzegovina poor or rich?

Bosnia and Herzegovina is an upper middle-income country which has accomplished a great deal since the mid-1990s.

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How much is Bosnia in debt?

In 2020, the national debt of Bosnia and Herzegovina amounted to around 7.23 billion U.S. dollar.

Why are there so few doctors in Bosnia?

Only about 6,000 doctors work in Bosnia, meaning for every six doctors, one works in Germany. Not only is this leading to a lack of medical professionals, but the country is also losing money as they put millions into medical training facilities that students use and then leave behind as they migrate their services.

Is elderly care secure in Bosnia and Herzegovina?

Elderly care in Bosnia and Herzegovina has a long way to go before the older population is secure and comfortable.

Why are the older population in Bosnia and Herzegovina so vulnerable?

The older population in Bosnia and Herzegovina is extremely vulnerable for many reasons. Some of the issues they face include low income and increased living expenses. Obtaining employment is difficult as well. Due to the high unemployment rate the country faces, many employers prefer younger workers.

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How is Bosnia and Herzegovina recovering from the war?

Bosnia and Herzegovina has been slowly recovering from the conflict that took place in the country during the late 1990s. The war took a toll on the country economically, politically, socially and physically.

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