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TOOL · GROSS COST

How much would a basic income cost in Bosnia & Herzegovina?

Calculate the gross annual cost of paying a monthly amount to the country’s adult and child population.

Adult population 2,764,009child population 421,064year 2023World Bank WDI

GROSS ANNUAL COST

28,556 million

in BAMBAM 28,555,593,600

Equal to 57.2% of reference GDP

Population covered: 3,185,073 people

Adults: 2,764,009 × BAM 800 × 12 = BAM 26,534,486,400

Children: 421,064 × BAM 400 × 12 = BAM 2,021,107,200

BAM 26,534,486,400 + BAM 2,021,107,200 = BAM 28,555,593,600

Offset benefits, recovered tax, administrative savings and later economic effects are not deducted. This is a gross cost, not a net cost.

Sources and method

Population 2023 · World Bank WDI

GDP 2023 · $27,592,361,498 · World Bank WDI

Currency BAM · exchange rate 1.8092 BAM/USD (2023)

Converted cost $15,783,522,773 for the GDP share.