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Facts and Figures

3.3 million (2019)
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