Bosnia and Herzegovina

Bosnia and Herzegovina was enjoying respectable growth before being hit by floods in May and June. As a consequence, it is quite likely that no growth will be registered for the current year as a whole. If industrial production and exports hold up, risks may prove to be on the upside. In the medium term, acceleration of growth will hinge on two factors: the efficiency of the reconstruction efforts and the outcome of the crucial parliamentary elections on 12 October. The President of Republika Srpska secured Putin’s support, thus making the polls a highly competitive affair. The outcome in that entity proved mixed, with predictable outcomes in the rest of the country, so politics will continue to be a drag on economic recovery.

map Bosnia and Herzegovina
        FORECAST*
Main Economic Indicators201220132014201520162017
Population, 1000 persons.383638323832...
GDP, real change in %-1.22.50.51.02.0.
GDP per capita (EUR at PPP)710072007300...
Gross industrial production, real change in %-3.95.20.2...
Unemployment rate - LFS, in %, average28.027.527.527.027.0.
Average gross monthly wages, EUR660660659...
Consumer prices, % p.a.2.00.2-0.91.02.0.
Fiscal balance in % of GDP-2.1-2.2-2.5...
Public debt in % of GDP44.642.546.0...
Current account in % of GDP-9.2-5.9-9.0-7.0-8.0.
FDI inflow, EUR mn261241400...
Gross external debt in % of GDP27.828.231.4...


Basic data are continuously updated.

* Forecasts are changed beginning of March, July and November.
See Press Conferences.

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BOSNIA AND HERZEGOVINA: Awaiting change

Vladimir Gligorov
in: On Thin Ice: CESEE Core Resilient in the Face of EU Stagnation and the Ukraine Crisis
wiiw Forecast Report No. Autumn 2014, November 2014 , pp. 101-103
Details and Buy

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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
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