Industrial sales in Republika Srpska rose from 5.6 billion KM in 2017 to 7.56 billion KM in 2024. Growth was uneven. Some branches more than doubled, others barely kept pace with inflation. The figures below are the value of sales by industrial division, in current prices, as published by the Republika Srpska Institute of Statistics.
Fastest growth, 2017–2024
| Branch | 2017, m KM | 2024, m KM | Change |
|---|---|---|---|
| Pharmaceuticals | 29 | 95 | +228% |
| Motor vehicle parts and trailers | 35 | 112 | +220% |
| Non-metallic mineral products | 118 | 353 | +199% |
| Rubber and plastic products | 166 | 339 | +104% |
| Chemicals | 184 | 357 | +94% |
| Computer and electronic products | 12 | 59 | +392%, from a small base |
The largest branches
By value, food products remain the largest manufacturing branch at 1.1 billion KM, up 37% since 2017. Fabricated metal products follow at 628 million KM. That is up 49% since 2017, but well below their 2022 peak of 826 million KM. Wood products reached 530 million KM, and furniture 251 million KM.
Examples behind the numbers
In pharmaceuticals, Hemofarm Banja Luka of the STADA group makes solid-form medicines at its plant in Novakovići. In food, Mlijekoprodukt in Kozarska Dubica processes about 160,000 litres of milk a day. Mljekara Pađeni in Bileća processes up to 100,000 litres.
Jobs
Manufacturing employed 56,727 people in 2024, about one in five jobs in Republika Srpska. That was down from 59,582 in 2023.
More on the sector: Manufacturing in Republika Srpska.
Sources
- Republika Srpska Institute of Statistics, This is Republika Srpska 2025, tables 4.2 and 17.3.
- Company information from the official websites of Hemofarm Banja Luka, Mlijekoprodukt and Mljekara Pađeni.