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: The Average Salary in BiH is enough for only half a Month
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 > The Average Salary in BiH is enough for only half a Month
BUSINESS

The Average Salary in BiH is enough for only half a Month

Published: September 4, 2021
Share
SHARE

State institutions in Bosnia and Herzegovina are blocked by those who receive a salary even when they do not work. These are salaries that are up to three times higher than the average. Between their blockades and the political struggle for, as they say, the people, we remind them how the citizens of this country really live, or more precisely survive – both the constituent and the rest.

You can live with the average salary in BiH for only half a month. If we take into account that the majority of the population works for the minimum, then you can only cover a third of that month with that salary.

We checked what citizens can afford from the contents of the consumer basket with income they have:

These are mostly basic foodstuffs.

“Absolutely nothing! I have a 400 BAM pension. While I pay 200 BAM for utilities, that’s what I have left. I take the cheapest one.”

“We can live on our personal income for 15 days, no more.”

“We can’t afford what we need: to get some rest and relax. We are constantly under stress.”

The price of the consumer basket is rising from month to month. Citizens spend most of their salaries on food. Add to that the cost of housing. On average, citizens set aside around 400 BAM just for rent in the Sarajevo Canton. If you have children going to school, you only have to set aside more than 100 BAM for books per year. And there are other costs.

“A significant part of the income goes to food, which is a feature of a lower standard of living. A small portion of income can be used to meet some other living needs. A large part of the population is making ends meet and that is the reason why we have a high level of non-purpose consumer loans,” points out economic analyst Admir Cavalic.

Only a small number of citizens can afford an average holiday, car or some other luxury.

“Exactly these 50% of citizens have significant problems with life in BiH and this part of the population goes abroad. All economic research indicates two reasons why people go abroad: the first refers to the status, ie, whether a person is employed or unemployed, and the second refers to the amount of salary,” says Cavalic.

According to the data of the Agency for Statistics of BiH, the price of oil has risen the most so far: from 2.20 BAM to 3.80 BAM. We have also witnessed the increase in the price of meat by as much as 2-4 marks more per kilogram. And autumn brings new increases in the price of chicken, cereals and bread.

Standard and Poor’s confirmed Credit Rating for BiH
Infected Meat from Poland on Market of BiH?
Tourism in Mostar
Over 93 Million Euros secured for Corridor Vc through Republika Srpska
AS Jelah Group Bought Klas Company
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 Edin Forto is the new President of Our Party
Next Article Sharp Increase in Number of Coronavirus Positive Patients in Sarajevo
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

Sarajevo breaks Tourism Records, nearly 855,000 Arrivals and a new Story for the World
October 26, 2026
Vucic after the Defeat: You will soon see changes in Relations with RS and Sarajevo
October 26, 2026
Incomes are the same, but expenses are rising in BiH
October 26, 2026
Minister Kosarac: The Latest Court Rulings are Unacceptable, Republika Srpska Will Resolve the RTRS Issue
October 26, 2026
Bosnia and Herzegovina before the UN Security Council on October 30
October 25, 2026
BiH needs stronger SME policies to boost Competitiveness, EU-supported OECD Report finds
October 25, 2026
Bosniaks in an Austrian City Want to Build a Mosque and Cultural Center, Right-Wingers Object
October 25, 2026
AfD Seeks Answers from the German Government: Who Is Blocking the Agreements with BiH on War Graves 
October 25, 2026
Sarajevo defeats Zeljeznicar in the 161st Eternal Derby on its 80th Birthday
October 25, 2026
Central Election Commission determinates the Results of the 2026 General Election
October 25, 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?