<\/a>With an economy based on the export of metals and on remittances and foreign aid, Bosnia and Herzegovina had a GDP of $32.43 billion in 2012, similar to the one in 2011 ($32.66 billion) and to the one in 2010 ($32.25 billion). Due to its history, Bosnia and Herzegovina\u2019s economy remained a transitional one, affected by a highly decentralized government, by excessive bureaucracy, and by a segmented market which discourages foreign investment. In 2012, the economic growth was negative, of -0.7%, while in 2011 it reported a 1.3% growth and in in 2010 it reported a 0.7% growth. It reported negative growth despite the 2009 agreement signed with the International Monetary Fund (IMF). The agreement was suspended in 2011 after Bosnia hadn\u2019t had a government for over a year. In 2012, the IMF concluded a new stand-by arrangement with Bosnia. The first tranches were paid in November and December 2012.<\/p>\n