Sarajevo is the capital and largest city of Bosnia and Herzegovina. The Sarajevo metropolitan area includes Sarajevo Canton, East Sarajevo and nearby municipalities. Located within the greater Sarajevo valley of Bosnia, it is surrounded by the Dinaric Alps and situated along the Miljacka River in the heart of the Balkans, a region of Southern Europe.
Sarajevo is the political, financial, social and cultural centre of Bosnia and Herzegovina and a prominent centre of culture in the Balkans, with region-wide influence in entertainment, media, fashion and the arts. Due to its long history of religious and cultural diversity, Sarajevo is sometimes called the "Jerusalem of Europe" or "Jerusalem of the Balkans". It is one of only a few major European cities to have a mosque, Catholic church, Orthodox church and synagogue within the same neighbourhood. A regional centre in education, the city is home to the Balkans' first institution of tertiary education in the form of an Islamic madrasa, today part of the University of Sarajevo.
Sarajevo is the fastest growing city in Bosnia and Herzegovina. The travel guide series Lonely Planet has named Sarajevo as the 43rd best city in the world, and listed Sarajevo as one of the top ten cities to visit. Sarajevo was nominated to be the 2014 European Capital of Culture and in 2019, it hosted the European Youth Olympic Festival. In October 2019, Sarajevo was designated as a UNESCO Creative City for placing culture at the centre of its development strategies, and is one of the world's eighteen Cities of Film.
Sarajevo's large manufacturing, administrative, and tourism sectors make it the strongest economic region of Bosnia and Herzegovina. Indeed, Sarajevo Canton generates almost 25% of the country's GDP. The Central Bank of Bosnia and Herzegovina opened in Sarajevo in 1997 and the Sarajevo Stock Exchange began trading in 2002.
Sarajevo industries include tobacco products, furniture, hosiery, automobiles, and communication equipment. Companies based in Sarajevo include BH Telecom, Bosnalijek, Energopetrol, Sarajevo Tobacco Factory, and Sarajevska pivara (Sarajevo Brewery).
Sarajevo is rated Sufficiency by the Globalization and World Cities Research Network (GaWC) which evaluates and ranks the relationships between world cities in the context of globalisation. Sufficiency level cities are cities that have a sufficient degree of services so as not to be overly dependent on world cities.
Sarajevo was ranked #142 by the Nomad List which evaluates and ranks remote work hubs by cost, internet, fun and safety. Sarajevo has a population of over 275,500 people. Sarajevo also forms part of the wider Sarajevo metropolitan area which has a population of over 555,210 people.