What is the average monthly income in Bosnia and Herzegovina?

In July 2021, the average monthly paid net income per person employed in legal entities in Bosnia and Herzegovina was 1.002 BAM, which is a nominal increase of 1.5% compared to December 2020.

Compared to July 2020, the average monthly net profit paid for July 2021 was nominally 3.8% higher.

In July 2021, the average monthly gross salary per person employed in legal entities in Bosnia and Herzegovina amounted to
1,546 BAM, which represents the nominal increase of 1.3% compared to December 2020.

Compared with July 2020, the average monthly gross salary for July 2021 was nominally 3.6% higher.

Stories of people feeding families on minimum wage have become commonplace. Do you live as citizens or as survivors? The prices of staple foods are increasing. Does wage growth keep up with them?

Samir Mujezinovic has worked as a welder for years. He would go, he told BHRT, outside the BiH border. But how do you leave an unemployed woman and her two children? Samir’s family has not even solved the housing problem. In addition to all the basic necessities of life, she also spends money per month on rent.

“I can’t pay for everything, I can’t pay for something for the children…”

The consumer basket in BiH is obviously a luxury which amounts to more than 2,500 BAM. So if you earn a minimum wage of around 400 to 500 marks, you won’t put much in that basket. Oil is more expensive. Chicken, cereals, flour. So basically. And from the fall, we expect a further rise in prices. But not the salary.

“If two people in a family work at the lowest price of labor in Republika Srpska, then we have this one difference which cannot catch up with the consumer basket and then there are gaps in the basket of labor. consumption itself. Cultural aspects suffer the most, as well as the reduction of certain other pleasures at the expense of basic foodstuffs and overhead costs, ”explains Dusan Srdic, president of the Consumers’ Association.

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

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

We have checked what citizens can afford from the content of the consumption basket with the income they have:

These are mainly 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.

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

“We can’t afford what we need: rest and relax. We are constantly stressed. “

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

“A significant portion of income goes to food, which is a hallmark of a lower standard of living. A small portion of the income can be used to meet other needs in life. A large part of the population manages to make ends meet and this is the reason why we have a high level of non-intended consumer credit, ”underlines economist Admir Cavalic.

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

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

According to data from the Statistics Agency of Bosnia and Herzegovina, the price of oil has increased the most so far: from 2.20 BAM to 3.80 BAM. We have also seen an increase in the price of meat from 2 to 4 marks more per kilogram. And fall brings further increases in the price of chicken, grain and bread.

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