Šipovo is a town and municipality in central Republika Srpska, Bosnia and Herzegovina. It is situated in the western part of the Republika Srpska entity and the southern part of the Bosanska Krajina region. The municipality covers an area of 510 km2 (197 sq mi), much of which is forested. The Glogovac monastery of the Serb Orthodox Church is near the town. It is located between municipalities of Mrkonjić Grad in the west, Jezero in the north, Jajce and Donji Vakuf in the east, and Kupres (Republike Srpske) and Glamoč in the south.
In the broader geographical sense, the town of Šipovo is located at 44 17’ north and 170 06’ east, in the zone of temperately continental climate. In the narrower geographical sense, Šipovo is located in south-eastern part of Republika Srpska, with the total area of 510 km2 (197 sq mi), and with population of 11,000. The population consists of 95% of Serbs and 5% of Bosniacs.