Bosnia and Herzegovina
Europe · Pop. 3.2M
Enterprise value · 2015–2025
Bosnia and Herzegovina grew 290.4× since 2015
Combined enterprise value of every tracked startup headquartered in Bosnia and Herzegovina that's still operating today — public and private companies combined, totalled by founding-year cohort.
Adjacent ecosystems by EV
Academia
Bosnia and Herzegovina's academic flywheel
Companies founded by university alumni or spun out of research, plus the institutions producing the most founders tied to Bosnia and Herzegovina.
Vs. similarly-sized ecosystems
How Bosnia and Herzegovina stacks up
Peers chosen from the same Europe cluster within ±70% of Bosnia and Herzegovina's combined EV. The scatter plots growth × current size for the wider continent — outliers in the upper-right are ecosystems compounding fastest.
Top overview
Europe ecosystems — combined view
Top ecosystems in Europe ranked by combined EV. Bosnia and Herzegovina's row is highlighted.
| # | Ecosystem | Combined EV | 5-yr EV growth | Unicorns | VC invested | Tracked startups |
|---|---|---|---|---|---|---|
| 1 | United Kingdom | $1.2T | 4.6× | 211 | $24.1B | 20K |
| 2 | France | $414B | 5.6× | 65 | $8.4B | 9,082 |
| 3 | Germany | $410B | 4.0× | 86 | $8.3B | 8,710 |
| 4 | Netherlands | $347B | 2.7× | 39 | $3.2B | 3,887 |
| 5 | Sweden | $286B | 5.5× | 56 | $3.5B | 3,215 |
| 6 | Switzerland | $214B | 3.5× | 47 | $4.3B | 3,003 |
| 7 | Denmark | $141B | 4.3× | 23 | $1.8B | 1,659 |
| 8 | Belgium | $106B | 7.2× | 12 | $900.8M | 1,871 |
| 9 | Ireland | $106B | 4.9× | 24 | $1.2B | 1,959 |
| 10 | Spain | $98.4B | 5.4× | 17 | $3.4B | 4,529 |
| 11 | Finland | $78.9B | 3.9× | 10 | $2.2B | 1,726 |
| 47 | Bosnia and Herzegovina | $43.6M | — | 0 | $13.2K | 17 |
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