The QS World University Rankings placed the University of Banja Luka in the 251-300 range in the Emerging Europe and Central Asia in 2019.[5] In 2018 Webometrics Ranking of World Universities ranked it as the Bosnia’s second best university among the 59 ranked institutions of tertiary education from the country.[6] In the 2015 fiscal year the Government of Republika Srpska ensured 34,897,600 BAMs for the university's budget constituting its primary source of funding for standard running costs.