Facts and Figures
Bosnia-Herzegovina
- Population
- 3.3 million (2019)
- Capital
- Sarajevo
- Major Cities
- Banja Luka, Mostar, Bijeljina
- GDP per Capita
- 6,031 USD (2020)
- Average Age
- 43.1 years
- Main Industries
- mining, wood processing, textile
The entrepreneurial ecosystem in Bosnia-Herzegovina
Entrepreneurial ecosystems and startup communities are emerging in the three main cities - Sarajevo, Banja Luka and Mostar. International donor funded projects play a key role in pushing entrepreneurship in Sarajevo, while in Banja Luka and Mostar entrepreneurs are relying more on each other in building successful businesses. The main challenges for startups in the entire country are access to private funding, internationalization, and scaling their business.
Competitive advantage: high level and quality of tech talents