Bosnia and Herzegovina
| FORECAST* | ||||||
|---|---|---|---|---|---|---|
| Main Economic Indicators | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
| Population, 1000 persons | 3496 | 3491 | 3475 | . | . | . |
| GDP, real change in % | 3.7 | 2.8 | -3.2 | 4.8 | 3.1 | 3.5 |
| GDP per capita (EUR at PPP) | 9620 | 10110 | 9840 | . | . | . |
| Gross industrial production, real change in % | 1.6 | -5.3 | -6.4 | . | . | . |
| Unemployment rate - LFS, in %, average | 18.4 | 15.7 | 15.9 | 16.9 | 16.5 | 15.9 |
| Average gross monthly wages, EUR | 697 | 727 | 755 | . | . | . |
| Consumer prices, % p.a. | 1.4 | 0.6 | -1.1 | 1.9 | 1.0 | 1.2 |
| Fiscal balance in % of GDP | 2.2 | 1.9 | -5.3 | -2.2 | -0.5 | 0.2 |
| Public debt in % of GDP | 34.2 | 32.8 | 36.6 | . | . | . |
| Current account in % of GDP | -3.3 | -2.8 | -3.8 | -2.5 | -2.8 | -3.2 |
| FDI inflow, EUR m | 507 | 388 | 364 | . | . | . |
| Gross external debt in % of GDP | 65.6 | 63.1 | 64.3 | . | . | . |
Basic data are continuously updated.
* Forecasts are changed beginning of April, July and November.
See Press Conferences.
publication_icon
Executive summary
Vasily Astrov
in: Recovery Beating Expectations
wiiw Forecast Report No. Autumn 2021, October 2021 , pp. I-VI
Details
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Monthly Report No. 7-8/2021
Vasily Astrov, Alexandra Bykova, Rumen Dobrinsky, Selena Duraković, Richard Grieveson, Doris Hanzl-Weiss, Gabor Hunya, Branimir Jovanović, Niko Korpar, Sebastian Leitner, Isilda Mara, Olga Pindyuk, Leon Podkaminer, Sandor Richter, Bernd Christoph Ströhm and Maryna Tverdostup
wiiw Monthly Report No. 7-8, July-August 2021
42 pages including 4 Tables and 15 Figures
The economy has bounced back since restrictions were eased in Q2 2021, growing by 11.6% (and thus more than recouping last year’s decline). Mass vaccination has started, but the public’s interest in getting inoculated has been far lower than expected; this poses an additional risk to the health sector, as the fourth wave of the pandemic is already upon the country. The introduction of a law proscribing genocide denial has led to fresh political tensions in the country and disruption to the work of government institutions by politicians from Republika Srpska; this could have economic repercussions.