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How much money is sent to Bosnia and Herzegovina from United States?

In 2017, Bosnia and Herzegovina received almost $172.90M in remittances from United States.

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United States sent about $172.90M in remittances to Bosnia and Herzegovina in 2017. In 2019, remittances made up about 0.03% of Bosnia and Herzegovina’s GDP, according to data from the World Bank Group. When sending money from United States to Bosnia and Herzegovina, you’ll often find the best deal by shopping around and comparing as many money transfer providers as possible. We’ve done a lot of the heavy lifting for you and put together a guide on some of the best ways to send money to Bosnia and Herzegovina.

Remittance to Bosnia and Herzegovina by the numbers

Data on remittances includes transfer sent through money transfer services, banks and similar services. Examples of these types of providers can be found in our money transfer comparison table.

Top 5 countries that send money to Bosnia and Herzegovina

This table uses World Bank Group data from 2017.
Country Amount sent
Croatia $18.47M
Serbia $14.41M
Slovak Republic $6.86M
$0.00M
$0.00M

Top 5 countries that Bosnia and Herzegovina sends money to

This table uses World Bank Group data from 2017.
Country Amount received
Croatia $563.58M
Serbia $316.78M
Germany $210.67M
Austria $192.85M
United States $172.90M

Remittances to and from Bosnia and Herzegovina by year

As global and domestic circumstances change, many countries find their incoming and outgoing remittances shifting year by year. Use our table and graph to get an idea of whether remittances to Bosnia and Herzegovina are trending up or down, based on data from at least the last decade.

Bosnia and Herzegovina’s outgoing remittances from 2009 to 2018

This table uses World Bank Group data from 2018.
Year Bosnia and Herzegovina outgoing remittances (in millions)
2009 $50,723.00M
2010 $50,776.00M
2011 $50,556.00M
2012 $52,652.00M
2013 $55,669.00M
2014 $58,882.00M
2015 $61,859.00M
2016 $64,705.00M
2017 $67,390.00M
2018 $68,472.00M

Bosnia and Herzegovina's incoming remittances from 2010 to 2019

This table uses World Bank Group data from 2019.
Year Bosnia and Herzegovina incoming remittances (in millions)
2010 $5,930.00M
2011 $6,104.00M
2012 $6,303.00M
2013 $6,613.00M
2014 $6,503.00M
2015 $6,578.00M
2016 $6,330.00M
2017 $6,126.00M
2018 $6,668.00M
2019 $6,881.38M

Send money to Bosnia and Herzegovina with top providers

Compare minimums, fees and turnaround times for top digital money specialists by entering the amount you want to send and clicking Calculate.

Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
GBP 1,000 1 - 2 days N/A N/A N/A Exclusive: Minimum transfer of $1,000 for Finder readers (normally $5,000).
For larger transfers, get no transaction fees and no maximum send limits.
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$1 Same day N/A N/A N/A XE offers fast transfers with no fees and a range of foreign currency tools. Go to site Show details
$0 1 - 2 days N/A N/A N/A Special offers like free transfers and better exchange rates available for new customers.
Quick, affordable transfers around the world with both express and economy options.
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$1 1 - 2 days N/A N/A N/A Enjoy high maximum transfers into more than 20 currencies while saving up to 90% over local banks. Go to site Show details
$1 Within an hour N/A N/A N/A Use promo code 3FREE to send your first 3 transfers with no fee. Send to 110+ countries for bank-to-bank deposit, cash pickup or mobile top-up. Go to site Show details

Compare up to 4 providers

Disclaimer: Exchange rates change often. Confirm the total cost with the provider before transferring money.

Bottom line

Global economies shift over time, so the country that might be the largest remittance sender to Bosnia and Herzegovina this year may not be the largest next year. If you’re looking to send money to loved ones or businesses in Bosnia and Herzegovina, compare your options to save both money and time. Source: https://www.worldbank.org/en/topic/migrationremittancesdiasporaissues/brief/migration-remittances-data

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