Demographic Development in Bosnia and Herzegovina
Consequences of the Significant Decrease and Aging of the Population
The shrinking population is not a novelty in Bosnia and Herzegovina (BiH). Political and economic shortcomings are the main reasons driving emigration, especially of qualified workforce. The Bosnian-Herzegovinian diaspora (citizens living abroad) is proportionally one of the largest in the world. Additionally, an aging population due to declining birth rates is a growing concern. These two factors together have led to an estimated decline in the population by an average of 25,000 people per year during the period 2013 - 2020. The last census in 2013 counted around 3.5 million residents. Projections suggest a 55% population decline by 2070. The remaining approximately 1.56 million people are likely to face a drastically changed societal structure. This poses significant challenges to the labor market and social systems, particularly the pension, healthcare, and education systems. Addressing these challenges effectively requires sustained political will over an extended period to secure Bosnia and Herzegovina's future in the face of the expected drastic demographic changes. Initial steps in this direction have been taken, and more are planned. However, successful mitigation of the challenges of demographic change requires both the implementation of planned measures and the adoption of additional far-reaching actions.