By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Sarajevo TimesSarajevo TimesSarajevo Times
  • HOME
  • POLITICS
    • BH & EU
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
    • BH & EU
    • BUSINESS
    • ARTS
  • SPORT
  • ARTS
    • CULTURE
    • ENTERTAINMENT
  • W&N
Search
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Reading: From 1998 to 2015, the Diaspora has sent about 35 billion BAM in B&H
Share
Font ResizerAa
Sarajevo TimesSarajevo Times
Font ResizerAa
  • HOME
  • POLITICS
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
  • SPORT
  • ARTS
  • W&N
Search
  • HOME
  • POLITICS
    • BH & EU
  • BUSINESS
  • BH TOURISM
  • INTERVIEWS
    • BH & EU
    • BUSINESS
    • ARTS
  • SPORT
  • ARTS
    • CULTURE
    • ENTERTAINMENT
  • W&N
Follow US
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
© 2012 Sarajevo Times. All rights reserved.
Sarajevo Times > Blog > BUSINESS > From 1998 to 2015, the Diaspora has sent about 35 billion BAM in B&H
BUSINESS

From 1998 to 2015, the Diaspora has sent about 35 billion BAM in B&H

Published: October 18, 2015
Share
SHARE

money2The citizens of B&H who live all over the world sent about 35 billion BAM from 1998 to this year, to their families and friends in the country.

According to data of the Central Bank, BH diaspora sent 2.013 billion BAM to their homeland in 1998, 2.017 billion BAM in 1999, 2.016 billion BAM in 2000, 2.007 billion BAM in 2001, 1.966 billion BAM in 2002, 1.973 billion BAM in 2003, 2.317 billion BAM in 2004, 2.318 billion BAM in 2005, while 2,468 billion BAM was sent in 2006.

According to the Central Bank B&H (CB), which is tracking these remittances since 1998, the largest transfer was recorded back in 2007 when 2.770 billion BAM was paid on the accounts of citizens, and least money from the Diaspora was paid in 2002 and it amounted to 1.966 billion BAM.

The same source shows that the Diaspora sent 2,522 billion BAM in 2008 in B&H, and 2.010 billion BAM next year, 1.984 billion BAM in 2010, 2.008 billion BAM in 2011, 2.093 billion BAM in 2012, 2.145 billion BAM in 2013 while in 2014 was sent 2,275 billion BAM.

During the first 3 months of this year, remittances of B&H citizens who live and work abroad amounted to 493.6 million BAM, which is by 17.6 million BAM more than in the same period in 2014.
Almost every year B&H diaspora sent more than 2 billion BAM to the homeland.
Experts believe that the money that B&H Diaspora is sending on the accounts of citizens is very important for the overall economic system of B&H since it makes a very important part of the gross domestic product (GDP) of the country.

According to the World Diaspora Association of B&H (SSD B&H), there are more than 1.3 million citizens from B&H all over the world, and data from other institutions show that 1.5 to 2 million people live out of this Balkan’s country. B&H currently has about 4 million people, which means that every third Bosnian lives abroad. Most of the B&H diaspora are people who took refuge or were forced to leave their homes during the war from 1992 to 1995.

Almost 180,000 citizens of B&H is currently living in Germany, 145,000 in the United States, 90,000 in Austria, 54.000 in Sweden, 45.000 in Turkey, 40,000 in Switzerland, 35,000 in Australia, 30,000 in Canada etc.
(Source: klix.ba)

Zeochem company from Switzerland to open Plant in Zvornik
International Economic Fair Mostar 2025 Set for April 8–12, Italy is a Partner Country
How will the increased Price of Electricity affect the BiH Citizens during Winter?
Good News: There will be no Increase in Gas Prices in FBiH
Companies in Republika Srpska without a single Employee made a Profit of 170 Million BAM
Share This Article
Facebook Whatsapp Whatsapp Telegram Threads Bluesky Email Print
Share
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Previous Article Peace and Understanding of other Religions can bring Progress
Next Article All ready for the Spectacle: “Sarajevo Fight Night 2”
Leave a Comment Leave a Comment

Leave a Reply Cancel reply

You must be logged in to post a comment.

Stay Connected

10.2KFollowersLike
10.1KFollowersFollow
414FollowersFollow

Latest News

Selma Porca hosted 15 People at her House in Seattle: We are already Winners
June 24, 2026
Tonight we believe: Go Dragons!
June 24, 2026
Kapetanovic and Sinirlioğlu: Intensive Cooperation is needed in the Function of Security and Resilience of SE Europe
June 24, 2026
BiH Foreign Minister sent a Protest Note to Israel
June 24, 2026
Izetbegovic confirms the Conversation with Dodik and invited him to Publish the complete Recording
June 24, 2026
Becirovic – Steinmeier: Germany supports BiH’s European Path
June 24, 2026
Government of FBiH allocates 300,000 BAM for the Elimination of Damage caused by the Fire at the Uborak Landfill
June 24, 2026
The Dragons will have huge Support in Seattle Tonight, Fans confident of Victory
June 24, 2026
Minister Delic calls on Employers to protect Workers during extremely high Temperatures
June 24, 2026
Irfan Mirza, One of the Microsoft Heads: Protect Bosnia and Herzegovina If You Don’t, No One Will
June 24, 2026
Sarajevo TimesSarajevo Times
Follow US
© 2012 Sarajevo Times. All Rights Reserved.
  • ABOUT US
  • IMPRESSUM
  • NEWSLETTER
  • CONTACT
Go to mobile version
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?