OHR) to oversee the implementation of the civilian aspects of the
agreement. About 250 international and 450 local staff members are
employed by the OHR.

Bosnia and Herzegovina Economy

Economy - overview: Bosnia and Herzegovina ranked next to The Former
Yugoslav Republic of Macedonia as the poorest republic in the old
Yugoslav federation. Although agriculture is almost all in private
hands, farms are small and inefficient, and the republic
traditionally is a net importer of food. Industry has been greatly
overstaffed, one reflection of the socialist economic structure of
Yugoslavia. TITO had pushed the development of military industries
in the republic with the result that Bosnia hosted a large share of
Yugoslavia's defense plants. The bitter interethnic warfare in
Bosnia caused production to plummet by 80% from 1990 to 1995,
unemployment to soar, and human misery to multiply. With an uneasy
peace in place, output recovered in 1996-98 at high percentage rates
from a low base; but output growth slowed appreciably in 1999 and
2000, and GDP remains far below the 1990 level. Economic data are of
limited use because, although both entities issue figures,
national-level statistics are not available. Moreover, official data
do not capture the large share of activity that occurs on the black
market. The marka - the national currency introduced in 1998 - has
gained wide acceptance, and the Central Bank of Bosnia and
Herzegovina has dramatically increased its reserve holdings.
Implementation of privatization, however, has been slower than
anticipated. Banking reform accelerated in early 2001 as all the
communist-era payments bureaus were shut down. The country receives
substantial amounts of reconstruction assistance and humanitarian
aid from the international community but will have to prepare for an
era of declining assistance.

GDP: purchasing power parity - $6.5 billion (2000 est.)

GDP - real growth rate: 8% (2000 est.)

GDP - per capita: purchasing power parity - $1,700 (2000 est.)

GDP - composition by sector: agriculture: 19%

industry: 23%

services: 58% (1996 est.)

Population below poverty line: NA%

Household income or consumption by percentage share: lowest 10%: NA%

highest 10%: NA%

Inflation rate (consumer prices): 8% (2000 est.)

Labor force: 1.026 million

Labor force - by occupation: agriculture NA%, industry NA%, services
NA%

Unemployment rate: 35%-40% (1999 est.)

Budget: