Integrating Bosnia and Herzegovina into the European Union represents a strategic aim of this country that no one calls into question. Although full membership of BiH in the European Union requires fulfilling many conditions and criteria, these have not been sufficiently discussed, especially regarding the economic aspects of integration. From that standpoint, the analysis of the economic criteria for EU membership using BiH as an example represents a pressing and significant topic for this country, because the duration of the integration process will to a great extent depend on fulfilment of economic conditions for membership.