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Bosnia and Herzegovina
In the short run, the policy framework will remain restrictive because of the currency board and the pressure, by the IMF among others, for fiscal consolidation. If industrial production continues to improve and exports hold up, that should spur more investment and some speed up of the recovery of growth. But the needed policy turnaround is hardly possible without some kind of political Spring arriving to this country.
|Main Economic Indicators||2011||2012||2013||2014||2015||2016|
|Population, 1000 persons.||3840||3836||3832||.||.||.|
|GDP, real change in %||1.0||-1.7||0.8||1.9||3.0||.|
|GDP per capita (EUR at PPP)||7000||7100||7300||.||.||.|
|Gross industrial production, real change in %||3.5||-4.4||6.4||.||.||.|
|Unemployment rate - LFS, in %, average||27.6||28.0||27.5||27.0||27.0||.|
|Average gross monthly wages, EUR||651||660||665||.||.||.|
|Consumer prices, % p.a.||3.7||2.0||0.2||2.0||2.0||.|
|Fiscal balance in % of GDP||-1.3||-2.0||-2.5||.||.||.|
|Public debt in % of GDP||40.5||43.9||43.0||.||.||.|
|Current account in % of GDP||-9.9||-9.6||-9.0||-9.0||-10.0||.|
|FDI inflow, EUR mn||338||273||300||.||.||.|
|Gross external debt in % of GDP||26.0||27.7||28.4||.||.||.|
Basic data are continuously updated.
* Forecasts are changed beginning of March, July and November.
See Press Conferences.
Bosnia and Herzegovina: Fear of and hope for Spring
in: Animal Spirits still Dimmed: Slow Recovery Expected
wiiw Current Analyses and Forecasts No. 12, July 2013 , pp. 121-123 Details and Buy
Monthly Report No. 11/2013
Vasily Astrov, Vladimir Gligorov, Peter Havlik, Mario Holzner and Olga Pindyuk
wiiw Monthly Report No. 11, November 2013
38 pages including 17 Tables Details