Bosnia Economic Outlook
November 27, 2018Following the second quarter’s solid showing, data for the third quarter paints a more mixed picture. Tourist inflows were strong in August and September, while merchandise exports picked up in September. However, industrial production weakened in Q3 and imports outstripped exports due to key infrastructure projects, thus widening the trade deficit. Moreover, intensified tensions in the region culminated in Kosovo slapping 100% tariffs on Bosnian goods in retaliation for a campaign against its attempt to join the international police organization, INTERPOL. Meanwhile, recently-elected Serb leader Milorad Dodik called for the removal of peacekeeping troops and foreign judges from Bosnia which could signify an uphill political battle between the tripartite presidency.
Bosnia and Herzegovina Economic GrowthEconomic growth is expected to accelerate next year on a pick-up in investment, higher remittances and FDI inflows. However, potentially heightened political and social tensions following October’s election cloud the outlook. FocusEconomics panelists expect GDP to expand 3.1% in 2019, which is down 0.1 percentage points from last month’s forecast. Our panel sees GDP also expanding 3.1% in 2020.
Bosnia and Herzegovina Economy Data
5 years of Bosnia and Herzegovina economic forecasts for more than 30 economic indicators.
Get a sample report showing all the data and analysis covered in our Regional, Country and Commodities reports.
Bosnia and Herzegovina Facts
|Exchange Rate||1.73||-0.65 %||Dec 11|
|Stock Market||0.2||0.0 %||Nov 26|
Start Your Free Trial
Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.