Bosnia and Herzegovina

map Bosnia and Herzegovina
Following modest growth in 2025, the recovery is expected to be delayed somewhat by the war in the Middle East. For 2026, GDP growth is now projected to be 2.3%, driven mainly by household consumption. This is supported by rising real incomes, thanks in part to January’s substantial increase in the minimum wage. High-frequency data for early 2026 point to continued momentum in private consumption and tourism, with strong retail sales and stable remittance inflows. However, external imbalances are expected to persist, as weak external demand and higher energy import costs exert additional downward pressure on the trade balance.
        FORECAST*
Main Economic Indicators202320242025202620272028
Population, 1000 persons342234123320...
GDP, real change in %2.03.22.12.32.83.0
GDP per capita (EUR at PPP)135901463015540...
Gross industrial production, real change in %-3.9-4.0-1.8...
Unemployment rate - LFS, in %, average13.212.612.212.612.512.0
Average gross monthly wages, EUR99510931246...
Consumer prices, % p.a.6.11.74.05.54.02.5
Fiscal balance in % of GDP-1.2-1.8-2.0-2.1-2.0-1.5
Public debt in % of GDP26.426.127.0...
Current account in % of GDP-2.1-3.5-3.2-3.2-3.0-3.8
FDI inflow, EUR m1044926638...
Gross external debt in % of GDP47.147.346.7...


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. 7-8/2026

Vasily Astrov, Alexandra Bykova, Selena Duraković, Meryem Gökten, Richard Grieveson, Ioannis Gutzianas, Gabor Hunya, Branimir Jovanović, Biljana Jovanovikj, Niko Korpar, Dzmitry Kruk, Isilda Mara, Michał Możdżeń, Emilia Penkova-Pearson, Olga Pindyuk, Sandor Richter, Marko Sošić, Bernd Christoph Ströhm and Marina Tverdostup
wiiw Monthly Report No. 7-8, July-August 2026
52 pages including 5 Tables

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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