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Bosnia and Herzegovina
The economy suffered a downturn in the aftermath of the disastrous floods in spring 2014. Still, the GDP recorded a modest increase for the year as a whole. Looking ahead, a strong rebound is anticipated, which may ultimately prove too optimistic an expectation. In the medium term, additional foreign investments and improved absorption of EU funds should contribute to an acceleration of growth. Political risks are on the decline: a trend that should nudge the EU integration process forward.
|Main Economic Indicators||2012||2013||2014||2015||2016||2017|
|Population, 1000 persons.||3836||3832||3826||.||.||.|
|GDP, real change in %||-1.2||2.5||1.3||1.6||2.1||2.4|
|GDP per capita (EUR at PPP)||7100||7200||7500||.||.||.|
|Gross industrial production, real change in %||-3.9||5.2||0.2||.||.||.|
|Unemployment rate - LFS, in %, average||28.0||27.5||27.5||26.8||26.5||25.4|
|Average gross monthly wages, EUR||660||660||659||.||.||.|
|Consumer prices, % p.a.||2.0||0.2||-0.9||1.0||2.0||3.0|
|Fiscal balance in % of GDP||-2.1||-2.2||-2.5||.||.||.|
|Public debt in % of GDP||44.6||42.5||46.0||.||.||.|
|Current account in % of GDP||-8.9||-5.7||-7.6||-8.0||-8.0||-8.0|
|FDI inflow, EUR mn||261||241||419||.||.||.|
|Gross external debt in % of GDP||27.8||28.2||30.4||.||.||.|
Basic data are continuously updated.
* Forecasts are changed beginning of March, July and November.
See Press Conferences.
BOSNIA AND HERZEGOVINA: A glimmer of hope
in: A Time of Moderate Expectations
wiiw Forecast Report No. Spring 2015, March 2015 , pp. 103-104 Details and Buy
Monthly Report No. 7-8/2014
Vasily Astrov, Rumen Dobrinsky, Vladimir Gligorov, Doris Hanzl-Weiss, Peter Havlik, Mario Holzner, Gabor Hunya, Michael Landesmann, Sebastian Leitner, Leon Podkaminer, Sandor Richter and Hermine Vidovic
wiiw Monthly Report No. 7-8, July 2014
23 pages including 1 Table and 2 Figures