Competitiveness is notion that is often used in economic terminology. It is being analyzed every day at a company level as well as the economy as whole. In many publications on this subject, macro indicators are evaluated but there is obviously lack of analysis of impact of individual factors that affect competitivness. Primary goal of this publication is to question the influence of financial market on competitiveness of national economy and to find possible measures that could improve its development. Development of financial market is reflected in efficiency, trust and reliability. Significant problem for economy of BIH is low level of development of financial market which performances show low competitive.

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