Bosnia and Herzegovina

map Bosnia and Herzegovina
The first half of 2025 was marked by slower economic growth, rising inflation and heightened political tension. Growth eased as the construction and energy sectors contracted amid weaker FDI inflows, while political uncertainty in Republika Srpska further weighed on investor sentiment. Inflation picked up, driven by higher food and energy prices and sharp hikes in the minimum wage, but real wages continued to rise, improving purchasing power. With these mixed signals and ongoing political instability, we have revised our growth forecast slightly downward and have raised the outlook for inflation.
        FORECAST*
Main Economic Indicators202220232024202520262027
Population, 1000 persons343434223412...
GDP, real change in %4.22.03.02.22.73.0
GDP per capita (EUR at PPP)123501359013590...
Gross industrial production, real change in %0.9-3.9-4.0...
Unemployment rate - LFS, in %, average15.413.212.613.112.712.2
Average gross monthly wages, EUR8819951093...
Consumer prices, % p.a.14.06.11.73.32.41.8
Fiscal balance in % of GDP-0.4-1.2-1.8-2.0-1.3-1.0
Public debt in % of GDP29.326.426.3...
Current account in % of GDP-4.4-2.1-3.5-4.4-4.3-4.2
FDI inflow, EUR m8801044926...
Gross external debt in % of GDP51.647.147.5...


Basic data are continuously updated.

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

publication_icon

Monthly Report No. 7-8/2025

Vasily Astrov, Alexandra Bykova, Selena Duraković, Meryem Gökten, Richard Grieveson, Maciej Grodzicki, Ioannis Gutzianas, Doris Hanzl-Weiss, Gabor Hunya, Branimir Jovanović, Niko Korpar, Dzmitry Kruk, Sebastian Leitner, Isilda Mara, Emilia Penkova-Pearson, Olga Pindyuk, Sandor Richter, Marko Sošić, Bernd Christoph Ströhm and Maryna Tverdostup
wiiw Monthly Report No. 7-8, July-August 2025
38 pages including 5 Tables and 3 Figures

Details

publication_icon

Executive summary

Olga Pindyuk
in: The Crisis is Over, but its Scarring Effects are Hindering Recovery
wiiw Forecast Report No. Spring 2024, April 2024 , pp. I-VII
Details


top