Statistical information Bosnia and Herzegovina 2010

Bosnia and Herzegovina in the World
top of pageBackground: Bosnia and Herzegovina's declaration of sovereignty in October 1991 was followed by a declaration of independence from the former Yugoslavia on 3 March 1992 after a referendum boycotted by ethnic Serbs. The Bosnian Serbs - supported by neighboring Serbia and Montenegro - responded with armed resistance aimed at partitioning the republic along ethnic lines and joining Serb-held areas to form a 'Greater Serbia.' In March 1994 Bosniaks and Croats reduced the number of warring factions from three to two by signing an agreement creating a joint Bosniak/Croat Federation of Bosnia and Herzegovina. On 21 November 1995 in Dayton Ohio the warring parties initialed a peace agreement that brought to a halt three years of interethnic civil strife (the final agreement was signed in Paris on 14 December 1995). The Dayton Peace Accords retained Bosnia and Herzegovina's international boundaries and created a multi-ethnic and democratic government charged with conducting foreign diplomatic and fiscal policy. Also recognized was a second tier of government composed of two entities roughly equal in size: the Bosniak/Croat Federation of Bosnia and Herzegovina and the Bosnian Serb-led Republika Srpska (RS). The Federation and RS governments were charged with overseeing most government functions. The Dayton Accords also established the Office of the High Representative (OHR) to oversee the implementation of the civilian aspects of the agreement. The Peace Implementation Council (PIC) at its conference in Bonn in 1997 also gave the High Representative the authority to impose legislation and remove officials the so-called 'Bonn Powers.' In 1995-96 a NATO-led international peacekeeping force (IFOR) of 60,000 troops served in Bosnia to implement and monitor the military aspects of the agreement. IFOR was succeeded by a smaller NATO-led Stabilization Force (SFOR) whose mission was to deter renewed hostilities. European Union peacekeeping troops (EUFOR) replaced SFOR in December 2004; their mission is to maintain peace and stability throughout the country. EUFOR's mission changed from peacekeeping to civil policing in October 2007 with its presence reduced from nearly 7,000 to less than 2,500 troops. Troop strength at the end of 2009 stood at roughly 2000. In January 2010 Bosnia and Herzegovina assumed a nonpermanent seat on the UN Security Council for the 2010-11 term.
top of pageLocation: Southeastern Europe bordering the Adriatic Sea and Croatia
Geographic coordinates: 44 00 N 18 00 E
Map reference:
EuropeAreaTotal: 51,197 km²
Rank: 128
Land: 51,187 km²
Water: 10 km²
Comparative: slightly smaller than West Virginia
Land boundariesTotal: 1538 km
Border countries: (3) Croatia 932 km;
Montenegro 249 km;
Serbia 357 kmCoastline: 20 km
Maritime claims: no data available
Climate: hot summers and cold winters; areas of high elevation have short cool summers and long severe winters; mild rainy winters along coast
Terrain: mountains and valleys
ElevationExtremes lowest point: Adriatic Sea 0 m
Extremes highest point: Maglic 2,386 m
Natural resources: coal iron ore bauxite copper lead zinc chromite cobalt manganese nickel clay gypsum salt sand timber hydropower
Land useArable land: 19.61%
Permanent crops: 1.89%
Other: 78.5% (2005)
Irrigated land: 30 km² (2003)
Major riversMajor watersheds area km²Total water withdrawalTotal renewable water resources: 37.5 km³ (2003)
Natural hazards: destructive earthquakes
GeographyNote: within Bosnia and Herzegovina's recognized borders the country is divided into a joint Bosniak/Croat Federation (about 51% of the territory) and the Bosnian Serb-led Republika Srpska or RS (about 49% of the territory); the region called Herzegovina is contiguous to Croatia and Montenegro and traditionally has been settled by an ethnic Croat majority in the west and an ethnic Serb majority in the east
top of pagePopulation: 4,621,598 (July 2010 est.)
Rank: 120
Growth rate: 0.016% (2010 est.)
Growth rate rank: 192
Below poverty line: 25% (2004 est.)
NationalityNoun: Bosnian Herzegovinian
Adjective: Bosnian Herzegovinian
Ethnic groups: Bosniak 48% Serb 37.1% Croat 14.3% other 0.6% (2000)
Note: Bosniak has replaced Muslim as an ethnic term in part to avoid confusion with the religious term Muslim - an adherent of Islam
Languages: Bosnian (official) Croatian (official) Serbian
Religions: Muslim 40% Orthodox 31% Roman Catholic 15% other 14%
Demographic profileAge structure0-14 years: 14.5%
15-64 years: 70.7% (male 1,645,274/female 1,617,136)
65 years and over: 14.8% (male 279,781/female 403,160) (2010 est.)
Dependency ratiosMedian ageTotal: 40.3 years
Male: 39.1 years
Female: 41.5 years (2010 est.)
Population growth rate: 0.016% (2010 est.)
Rank: 192
Birth rate: 8.87 births/1000 population (2010 est.)
Rank: 213
Death rate: 8.71 deaths/1000 population (July 2010 est.)
Rank: 80
Net migration rate: 0 migrant(s)/1000 population (2010 est.)
Rank: 81
Population distributionUrbanizationUrban population: 47% of total population
Rate of urbanization: 1.4% annual rate of change (2005-10 est.)
Major urban areasEnvironmentCurrent issues: air pollution from metallurgical plants; sites for disposing of urban waste are limited; water shortages and destruction of infrastructure because of the 1992-95 civil strife; deforestation
International agreements party to: Air Pollution Biodiversity Climate Change Climate Change-Kyoto Protocol Desertification Hazardous Wastes Law of the Sea Marine Life Conservation Ozone Layer Protection Wetlands
International agreements signed but not ratified: none of the selected agreements
Air pollutantsSex ratioAt birth: 1.074 male/female
Under 15 years: 1.07 male(s)/female
15-64 years: 1.02 male(s)/female
65 years and over: 0.69 male(s)/female
Total population: 0.97 male(s)/female (2010 est.)
Mothers mean age at first birthMaternal mortality ratioInfant mortality rateTotal: 8.88 deaths/1000 live births
Rank: 156
Male: 10.18 deaths/1000 live births
Female: 7.47 deaths/1000 live births (2010 est.)
Life expectancy at birthTotal population: 78.66 years
Rank: 44
Male: 75.09 years
Female: 82.49 years (2010 est.)
Total fertility rate: 1.26 children born/woman (2010 est.)
Rank: 214
Contraceptive prevalence rateDrinking water sourceCurrent health expenditurePhysicians densityHospital bed densitySanitation facility accessHiv/AidsAdult prevalence rate: less than 0.1% (2007 est.)
Adult prevalence rate rank: 166
People living with hivaids: 900 (2007 est.)
People living with hivaids rank: 143
Deaths: 100 (2001 est.)
Deaths rank: 150
Major infectious diseasesObesity adult prevalence rateAlcohol consumptionTobacco useChildren under the age of 5 years underweightEducation expenditures: NA
LiteracyDefinition: age 15 and over can read and write
Total population: 96.7%
Male: 99%
Female: 94.4% (2000 est.)
School life expectancy primary to tertiary educationTotal: 13 years
Youth unemploymenttop of pageCountry nameConventional long form: none
Conventional short form: Bosnia and Herzegovina
Local long form: none
Local short form: Bosna i Hercegovina
Former: People's Republic of Bosnia and Herzegovina Socialist Republic of Bosnia and Herzegovina
Government type: emerging federal democratic republic
CapitalName: SarajevoGeographic coordinates: 43 52 N 18 25 E
Time difference: UTC+1 (6 hours ahead of Washington DC during Standard Time)
Daylight saving time: +1hr begins last Sunday in March; ends last Sunday in October
Administrative divisions: 2 first-order administrative divisions and 1 internationally supervised district* - Brcko district (Brcko Distrikt)* the Bosniak/Croat Federation of Bosnia and Herzegovina (Federacija Bosna i Hercegovina) and the Bosnian Serb-led Republika Srpska; note - Brcko district is in northeastern Bosnia and is a self-governing administrative unit under the sovereignty of Bosnia and Herzegovina and formally held in condominium between the two entities; the District remains under international supervision
Dependent areasIndependence: 1 March 1992 (from Yugoslavia; referendum for independence completed on 1 March 1992; independence declared on 3 March 1992)
National holiday: National Day 25 November (1943)
Constitution: the Dayton Peace Accords signed on 14 December 1995 in Paris included a constitution; note - each of the entities also has its own constitution
Legal system: based on civil law system; has not accepted compulsory ICJ jurisdiction
International law organization participationCitizenshipSuffrage: 18 years of age 16 if employed; universal
Executive branchChief of state: Chairman of the Presidency Nebojsa RADMANOVIC ; other members of the three-member presidency rotate every eight months: Bakir IZETBEGOVIC (presidency member since 3 October 2010 - Bosniak); Zeljko KOMSIC (presidency member since 1 October 2006 - Croat)
Head of government: Chairman of the Council of Ministers Nikola SPIRIC (since 11 January 2007)
Cabinet: Council of Ministers nominated by the council chairman; approved by the state-level House of Representatives
Elections: the three members of the presidency (one Bosniak one Croat one Serb) elected by popular vote for a four-year term (eligible for a second term but then ineligible for four years); the chairmanship rotates every eight months and resumes where it left off following each general election; election last held on 3 October 2010 (next to be held in October 2014); the chairman of the Council of Ministers appointed by the presidency and confirmed by the state-level House of Representatives
Election results: percent of vote - Nebojsa RADMANOVIC with 48.9% of the votes for the Serb seat; Zeljko KOMSIC with 60.6% of the votes for the Croat seat; Bakir IZETBEGOVIC with 34.9% of the votes for the Bosniak seat
Note: President of the Federation of Bosnia and Herzegovina: Borjana KRISTO (since 21 February 2007); Vice Presidents Spomenka MICIC (since 21 February 2007) and Mirsad KEBO (since 21 February 2007); President of the Republika Srpska: Milorad DODIK (since 3 October 2010); took office 15 November 2010
Legislative branch: bicameral Parliamentary Assembly or Skupstina consists of the House of Peoples or Dom Naroda (15 seats 5 Bosniak 5 Croat 5 Serb; members elected by the Bosniak/Croat Federation's House of Peoples and the Republika Srpska's National Assembly to serve four-year terms); and the state-level House of Representatives or Predstavnicki Dom (42 seats 28 seats allocated for the Federation of Bosnia and Herzegovina and 14 seats for the Republika Srpska; members elected by popular vote on the basis of proportional representation to serve four-year terms); note - Bosnia's election law specifies four-year terms for the state and first-order administrative division entity legislatures
Elections: House of Peoples - last constituted in February 2007 (next to be constituted in 2011); state-level House of Representatives - elections last held on 3 October 2010 (next to be held in October 2014)
Election results: House of Peoples - percent of vote by party/coalition - NA; seats by party/coalition - NA; state-level House of Representatives - percent of vote by party/coalition - NA; seats by party/coalition - SDP BiH 8 SDA 7 SNSD 7 SDS 5 SBBBiH 4 HDZ-BiH 3 SBiH 2 HDZ-1990/HSP 2 other 4
Note: the Bosniak/Croat Federation has a bicameral legislature that consists of a House of Peoples (58 seats - 17 Bosniak 17 Croat 17 Serb 7 other); last constituted February 2007; and a House of Representatives (98 seats; members elected by popular vote to serve four-year terms); elections last held on 3 October 2010 (next to be held in October 2014); percent of vote by party - NA; seats by party/coalition - SDP 28 SDA 23 SBBBiH 13 HDZ-BiH 12 HDZ-1990/HSP 5 other 17; the Republika Srpska has a National Assembly (83 seats; members elected by popular vote to serve four-year terms); elections last held on 3 October 2010 (next to be held in October 2014); percent of vote by party - NA; seats by party/coalition - SNSD 37 SDS 18 PDP 7 DNS 6 SP 4 DP 3 SDP 3 SDA 2 NDS 2 SRS-RS 1; as a result of the 2002 constitutional reform process a 28-member Republika Srpska Council of Peoples (COP) was established in the Republika Srpska National Assembly including 8 Croats 8 Bosniaks 8 Serbs and 4 members of the smaller communities
Judicial branch: BiH Constitutional Court (consists of nine members: four members are selected by the Bosniak/Croat Federation's House of Representatives two members by the Republika Srpska's National Assembly and three non-Bosnian members by the president of the European Court of Human Rights); BiH State Court (consists of 44 national judges and seven international judges and has three divisions - Administrative Appellate and Criminal - having jurisdiction over cases related to state-level law and cases initiated in the entities that question BiH's sovereignty political independence or national security or with economic crimes that have serious repercussions to BiH's economy beyond that of an entity or Brcko District); a War Crimes Chamber opened in March 2005
Note: the entities each have a Supreme Court; each entity also has a number of lower courts; there are 10 cantonal courts in the Federation plus a number of municipal courts; the Republika Srpska has five district courts and a number of municipal courts
Political parties and leaders: Alliance for a Better Future of BiH or SBB-BiH [ Fahrudin RADONCIC]; Alliance of Independent Social Democrats or SNSD [Milorad DODIK]; Bosnian Party or BOSS [Mirnes AJANOVIC]; Bosnian Patriotic Party or BPS [Sefer HALILOVIC]; Civic Democratic Party or GDS [Ibrahim SPAHIC]; Croat Party of Rights or HSP [Zvonko JURISIC]; Croat Peasants' Party-New Croat Initiative or HSS-NHI [Ante COLAK]; Croatian Christian Democratic Union of Bosnia and Herzegovina or HKDU [Ivan MUSA]; Croatian Democratic Union of Bosnia and Herzegovina or HDZ-BiH [Dragan COVIC]; Croatian Democratic Union 1990 or HDZ-1990 [Bozo LJUBIC]; Croatian Peoples Union [Milenko BRKIC]; Democratic National Union or DNZ [Rifat DOLIC]; Democratic Party or DP [Dragan CAVIC]; Democratic Peoples' Alliance or DNS [Marko PAVIC]; Liberal Democratic Party or LDS [Rasim KADIC]; Nasa Stranka or NS [NA; leadership elections late 2010/early 2011]; New Socialist Party or NSP [Zdravko KRSMANOVIC]; Party for Bosnia and Herzegovina or SBiH [Haris SILAJDZIC]; Party of Democratic Action or SDA [Sulejman TIHIC]; Party of Democratic Progress or PDP [Mladen IVANIC]; Peoples' Party of Work for Progress or NSRzB [Mladen IVANKOVIC-LIJANOVIC]; Serb Democratic Party or SDS [Mladen BOSIC]; Serb Radical Party of the Republika Srpska or SRS-RS [Milanko MIHAJLICA]; Serb Radical Party-Dr. Vojislav Seselj or SRS-VS [Mirko BLAGOJEVIC]; Social Democratic Party of BiH or SDP BiH [Zlatko LAGUMDZIJA]; Social Democratic Union or SDU [Nermin PECANAC]; Socialist Party of Republika Srpska or SPRS [Petar DJOKIC]
International organization participation: BIS CE CEI EAPC EBRD FAO G-77 IAEA IBRD ICAO ICCt ICRM IDA IDB IFAD IFC IFRCS ILO IMF IMO IMSO Interpol IOC IOM IPU ISO ITSO ITU ITUC MIGA MONUSCO NAM (observer) OAS (observer) OIC (observer) OPCW OSCE PFP SECI UN UN Security Council (temporary) UNCTAD UNESCO UNIDO UNWTO UPU WCO WHO WIPO WMO WTO (observer)
Diplomatic representationIn the us chief of mission: Ambassador Mitar KUJUNDZIC
In the us chancery: 2,109 E Street NW Washington DC 20,037
In the us telephone: [1] (202) 337-1500
In the us fax: [1] (202) 337-1502
In the us consulate general: Chicago New York
From the us chief of mission: Ambassador Patrick S. MOON
From the us embassy: Alipasina 43 71,000 Sarajevo
From the us mailing address: use embassy street address
From the us telephone: [387] (33) 445-700
From the us fax: [387] (33) 659-722
From the us branch office: Banja Luka Mostar
Flag description: a wide medium blue vertical band on the fly side with a yellow isosceles triangle abutting the band and the top of the flag; the remainder of the flag is medium blue with seven full five-pointed white stars and two half stars top and bottom along the hypotenuse of the triangle; the triangle approximates the shape of the country and its three points stand for the constituent peoples - Bosniaks Croats and Serbs; the stars represent Europe and are meant to be continuous (thus the half stars at top and bottom); the colors (white blue and yellow) are often associated with neutrality and peace and traditionally are linked with Bosnia
National symbolsNational anthemName: 'Drzavna himna Bosne i Hercegovine'
Lyricsmusic: Dusan SESTIC and Benjamin ISOVIC/Dusan SESTIC
Note: music adopted 1999; lyrics adopted 2009
National heritagetop of pageEconomy overview: The interethnic warfare in Bosnia and Herzegovina caused production to plummet by 80% from 1992 to 1995 and unemployment to soar. With an uneasy peace in place output recovered in 1996-99 at high percentage rates from a low base; but output growth slowed in 2000-02. Part of the lag in output was made up in 2003-08 when GDP growth exceeded 5% per year. However the country experienced negative GDP growth of almost 3% in 2009 due in large part to a reduction in exports caused by the global economic crisis. One of Bosnia's main economic challenges in 2010 has been to reduce spending on public sector wages and social benefits to meet the IMF's criteria for obtaining funding for budget shortfalls. Banking reform accelerated in 2001 as all the Communist-era payments bureaus were shut down; foreign banks primarily from Austria and Italy now control most of the banking sector. The konvertibilna marka (convertible mark or BAM)- the national currency introduced in 1998 - is pegged to the euro and confidence in the currency and the banking sector has increased. Bosnia's private sector is growing and foreign investment is slowly increasing but government spending at roughly 50% of GDP remains high because of redundant government offices at the state entity and municipal level. Privatization of state enterprises however has been slow particularly in the Federation where political division between ethnically-based political parties makes agreement on economic policy more difficult. A sizeable current account deficit and high unemployment rate remain the two most serious macroeconomic problems. Successful implementation of a value-added tax in 2006 provided a predictable source of revenue for the government and helped rein in gray market activity. National-level statistics have also improved over time but a large share of economic activity remains unofficial and unrecorded. Bosnia and Herzegovina became a full member of the Central European Free Trade Agreement in September 2007.
Real gdp purchasing power parity:
$30.23 billion (2009 est.)
$31.23 billion (2008 est.)
Rank: 107
Note: data are in 2010 US dollars
Real gdp growth rate:
-3.2% (2009 est.)
5.7% (2008 est.)
Rank: 175
Real gdp per capita:
$6,600 (2009 est.)
$6,800 (2008 est.)
Rank: 134
Note: data are in 2010 US dollars
Gross national savingGdp composition by sector of origin
Gdp composition by end useGdp composition by sector of originAgriculture: 9.8%
Industry: 25.9%
Services: 64.3% (2010 est.)
Agriculture products: wheat corn fruits vegetables; livestock
Industries: steel coal iron ore lead zinc manganese bauxite vehicle assembly textiles tobacco products wooden furniture tank and aircraft assembly domestic appliances oil refining
Industrial production growth rate: 3.3% (2010 est.)
Rank: 94
Labor force: 1.863 million (2007)
Rank: 123
By occupation agriculture: 20.5%
By occupation industry: 32.6%
By occupation services: 47% (2008)
Unemployment rate: 24.1% (2009 est.)
Rank: 175
Note: official rate
Youth unemploymentPopulation below poverty line: 25% (2004 est.)
Gini indexHousehold income or consumption by percentage shareLowest 10: 2.8%
Highest 10: 27.4% (2004)
Distribution of family income gini index: 56.2 (2007)
Rank: 11
BudgetTaxes and other revenuesPublic debt: 35% of GDP (2009 est.)
Rank: 77
RevenueFiscal yearInflation rate consumer prices: -0.4% (2009 est.)
Rank: 52
Central bank discount rateCommercial bank prime lending rate: 6.98% (31 December 2008 est.)
Rank: 130
Stock of narrow money: $4.182 billion (31 December 2009 est)
Rank: 99
Stock of broad money: $9.236 billion (31 December 2009 est.)
Rank: 104
Stock of domestic credit: $10.01 billion (31 December 2009 est.)
Rank: 94
Market value of publicly traded shares: $NA
Current account balance: -$1.283 billion (2009 est.)
Rank: 131
Exports: $4.057 billion (2009 est.)
Rank: 109
Commodities: metals clothing wood products
Partners: Croatia 19.07% Slovenia 18.58% Italy 16.87% Germany 13.38% Austria 10.25% (2009)
Imports: $8.788 billion (2009 est.)
Rank: 91
Commodities: machinery and equipment chemicals fuels foodstuffs
Partners: Croatia 22.17% Germany 14.04% Slovenia 13.45% Italy 11.89% Austria 6.61% Hungary 5.74% (2009)
Reserves of foreign exchange and gold: $3.245 billion (31 December 2009 est.)
Rank: 87
Debt external: $8.048 billion (31 December 2009 est.)
Rank: 91
Stock of direct foreign investment at homeStock of direct foreign investment abroadExchange rates: konvertibilna markas (BAM) per US dollar - 1.5088 (2010) 1.4079 (2009) 1.3083 (2008) 1.4419 (2007) 1.5576 (2006)
top of pageElectricityProduction: 14.58 billion kWh (2009 est.)
Production rank: 81
Consumption: 11.62 billion kWh (2009 est.)
Consumption rank: 82
Exports: 6.024 billion kWh (2009 est.)
Imports: 3.04 billion kWh (2009 est.)
CoalPetroleumCrude oilRefined petroleumNatural gasProduction: 0 m³ (2008 est.)
Production rank: 98
Consumption: 310 million m³ (2008 est.)
Consumption rank: 97
Exports: 0 m³ (2008 est.)
Exports rank: 52
Imports: 310 million m³ (2008 est.)
Imports rank: 62
Proven reserves: 0 m³ (1 January 2010 est.)
Proven reserves rank: 106
Carbon dioxide emissionsEnergy consumption per capitatop of pageTelephonesMain lines in use: 998,600 (2009)
Main lines in use rank: 78
Mobile cellular: 3.257 million (2009)
Mobile cellular rank: 110
Telephone systemGeneral assessment: post-war reconstruction of the telecommunications network aided by a internationally sponsored program under EBRD resulting in sharp increases in the number of fixed telephone lines available
Domestic: fixed-line teledensity roughly 22 per 100 persons; mobile-cellular subscribership has been increasing rapidly and in 2009 reached 70 telephones per 100 persons
International: country code - 387; no satellite earth stations (2009)
Broadcast media: 3 public TV broadcasters: Radio and TV of Bosnia and Herzegovina Federation TV (operating 2 networks) and Serb Republic Radio-TV; a local commercial network of 5 TV stations; 2 private near-national TV stations and dozens of small independent TV stations broadcasting; 3 large public radio broadcasters and a large number of private radio stations (2007)
InternetCountry code: .ba
Hosts: 95,234 (2010)
Hosts rank: 79
Users: 1.422 million (2009)
Users rank: 85
Broadband fixed subscriptionstop of pageMilitary expenditures: 4.5% of GDP (2005 est.)
Rank: 20
Military and security forcesMilitary service age and obligation: 18 years of age for voluntary military service; conscription abolished in January 2006; 4-month service obligation; mandatory retirement at age 35 or after 15 years of service (2010)
Space programTerrorist groupstop of pageNational air transport systemCivil aircraft registration country code prefixAirports: 25 (2010)
Rank: 129
With paved runways total: 7
With paved runways 2438 to 3047 m: 4
With paved runways 15-24 to 2437 m: 1
With paved runways under 914 m: 2 (2010)
With unpaved runways total: 18
With unpaved runways 15-24 to 2437 m: 1
With unpaved runways 914 to 1523 m: 6
With unpaved runways under 914 m: 11 (2010)
Heliports: 5 (2010)
PipelinesRailwaysTotal: 1000 km
Rank: 89
Standard gauge: 1000 km 1.435-m gauge (590 km electrified) (2008)
RoadwaysTotal: 21,846 km
Rank: 107
Paved: 11,425 km (4,714 km of interurban roads)
Unpaved: 10,421 km (2006)
Waterways: Sava River (northern border) open to shipping but use limited (2009)
Merchant marinePorts and terminals: Bosanska Gradiska Bosanski Brod Bosanski Samac and Brcko (all inland waterway ports on the Sava River) Orasje
top of pageDisputes international: sections along the Drina River remain in dispute between Bosnia and Herzegovina and Serbia; discussions continue with Croatia on several small disputed sections of the boundary related to maritime access that hinder final ratification of the 1999 border agreement
Refugees and internally displaced personsRefugees: 7,269 (Croatia)
Idps: 131,600 (Bosnian Croats Serbs and Bosniaks displaced in 1992-95 war) (2007)
Illicit drugs: increasingly a transit point for heroin being trafficked to Western Europe; minor transit point for marijuana; remains highly vulnerable to money-laundering activity given a primarily cash-based and unregulated economy weak