wiiw Forecast Reports

BOSNIA AND HERZEGOVINA: October elections unlikely to bring needed change


Selena Duraković

in: Bracing for the Winter
wiiw Forecast Report No. Autumn 2022, October 2022 , pp. 68-71

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Growth in the first half of the year was better than expected, due to a sustained rise in industrial production and retail trade. But high inflation and the continued political risks will slow it down in the second half of the year, and also in 2023. A general election was held on 2 October and revealed the people’s desire for something different: two of the three elected Presidency members are from non-nationalist parties. However, no great changes are expected: according to preliminary results, the nationalist parties won the majority of the vote at both state and entity level. This will continue to slow the country’s progress generally and towards European integration.


Reference to wiiw databases: wiiw Annual Database, wiiw Monthly Database

Countries covered: Bosnia and Herzegovina