Bosnia and Herzegovina

map Bosnia and Herzegovina
Bosnia and Herzegovina enters the final quarter of 2026 with positive but subdued growth, a widening external deficit and continuing political challenges. It is estimated that real GDP will grow by 2.2% this year, to be followed by an acceleration to 2.8% in 2027 and 3% in 2028. Inflation fell from 6.8% in April to 3.6% in July, but continued tensions in the Middle East have put domestic fuel prices under renewed pressure. The general election on 4 October confirmed the political status quo. The pace of government formation and the implementation of EU-related reforms will be important determinants of the investment and growth environment in 2027.
        FORECAST*
Main Economic Indicators202320242025202620272028
Population, 1000 persons342234123402...
GDP, real change in %2.03.22.42.22.83.0
GDP per capita (EUR at PPP)135901463015600...
Gross industrial production, real change in %-3.9-4.0-1.8...
Unemployment rate - LFS, in %, average13.212.612.212.412.312.0
Average gross monthly wages, EUR99510931246...
Consumer prices, % p.a.6.11.74.05.24.02.5
Fiscal balance in % of GDP-1.2-1.8-2.2-3.3-2.0-1.5
Public debt in % of GDP26.426.126.2...
Current account in % of GDP-2.3-3.6-4.0-4.3-4.4-4.3
FDI inflow, EUR m1066897759...
Gross external debt in % of GDP47.047.545.4...


Basic data are continuously updated.

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

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Monthly Report No. 09/2026

Alexandra Bykova, Kristijan Fidanovski, Richard Grieveson, Philipp Heimberger, Mario Holzner, Jelena Jovanović and Olga Pindyuk
wiiw Monthly Report No. 09, September 2026
35 pages including 10 Figures

Details

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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
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