Economy
Sarajevo is economically strongest region in the whole of Bosnia and Herzegovina. The city and canton generate more than 37% of the Bosnian-Herzegovinian GDP. The economy of Sarajevo Canton is slowly growing better, although it has been severely weakened by the Siege of Sarajevo and is still drastically weaker than it used to be. The employment rate in Bosnia and Herzegovina is 45.5% officially; however, grey economy may reduce actual unemployment to between 25 and 30%, while in Sarajevo the official unemployment rate is around 15% of the labour force.
Major industries in the region include tourism, food processing, and manufacturing. Several major Bosnian companies are based in the Canton, and the area holds the country footholds of numerous foreign corporations, such as Coca Cola.
Read more about this topic: Sarajevo Canton
Famous quotes containing the word economy:
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—Henry David Thoreau (1817–1862)
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—Ralph Waldo Emerson (1803–1882)