Bosnia and Herzegovina

Political risk is unusually high following the recent election, and in particular the potential for a constitutional crisis in the Federation. This will have an impact on reforms and policy-making, but shouldn’t impact growth too much. We think that growth will remain in the range of 3-3.5% during the forecast period, with external factors such as remittances, exports and tourism likely to remain important. Inflation will stay low, while the labour market will improve slowly.

map Bosnia and Herzegovina
Main Economic Indicators201620172018201920202021
Population, 1000 persons351135053500...
GDP, real change in %
GDP per capita (EUR at PPP)900093009700...
Gross industrial production, real change in %
Unemployment rate - LFS, in %, average25.420.518.417.617.1.
Average gross monthly wages, EUR665676697...
Consumer prices, % p.a.-
Fiscal balance in % of GDP1.22.62.8...
Public debt in % of GDP40.436.131.7...
Current account in % of GDP-4.7-4.7-4.5-4.6-4.5.
FDI inflow, EUR mn256413450...
Gross external debt in % of GDP54.854.154.0...

Basic data are continuously updated.

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


BOSNIA AND HERZEGOVINA: Elevated political risk unlikely to derail growth

Richard Grieveson
in: Strong Growth Amid Increased Negative Risks
wiiw Forecast Report No. Autumn 2018, November 2018 , pp. 68-71
Details and Buy


Monthly Report No. 6/2018

Vasily Astrov, Rumen Dobrinsky, 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. 6, June 2018
27 pages including 1 Table and 1 Figure