Bosnia and Herzegovina

The economy lost momentum in the second quarter, although overall it is likely to post growth of around 3% this year. Growth should pick up even further in the rest of the forecast period, driven by remittances, a gradual improvement in the labour market, tourism and exports. Political risk will remain elevated ahead of the 2018 election, which is having an impact on investment spending, although it is unlikely significantly to derail medium-term growth.

map Bosnia and Herzegovina
        FORECAST*
Main Economic Indicators201420152016201720182019
Population, 1000 persons352635183515...
GDP, real change in %1.13.13.23.03.43.5
GDP per capita (EUR at PPP)830088009000...
Gross industrial production, real change in %0.23.14.4...
Unemployment rate - LFS, in %, average27.527.725.420.219.418.8
Average gross monthly wages, EUR659659665...
Consumer prices, % p.a.-0.9-1.0-1.11.21.61.9
Fiscal balance in % of GDP-2.00.71.2...
Public debt in % of GDP44.045.045.2...
Current account in % of GDP-7.4-5.7-5.1-4.6-4.5-4.5
FDI inflow, EUR mn408334247...
Gross external debt in % of GDP51.853.353.7...


Basic data are continuously updated.

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

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BOSNIA AND HERZEGOVINA: Political stalemate could cause further delays in investment

Richard Grieveson
in: CESEE Back on Track to Convergence
wiiw Forecast Report No. Autumn 2017, November 2017 , pp. 54-57
Details and Buy

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Monthly Report No. 7-8/2017

Vasily Astrov, Rumen Dobrinsky, Vladimir Gligorov, Richard Grieveson, Doris Hanzl-Weiss, Peter Havlik, Gabor Hunya, Sebastian Leitner, Isilda Mara, Olga Pindyuk, Leon Podkaminer, Sandor Richter and Hermine Vidovic
wiiw Monthly Report No. 7-8, July-August 2017
27 pages including 1 Table and 2 Figures

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