Current Account in Bosnia and Herzegovina

Bosnia and Herzegovina Current Account | Economic News & Forecasts

Bosnia and Herzegovina - Current Account

Economic growth was likely tepid in H2, after slowing throughout the first half of 2019, although comprehensive data is still outstanding. Industrial production slumped in July–November, amid ongoing manufacturing sector weakness, while exports fell sharply in the same period. More positively, unemployment dropped in July–October compared with H1, while wages increased over the same period, boding well for private consumption. On the political front, Parliament approved Zoran Tegeltija as the new chairman of the Council of Ministers in early December, with a new cabinet approved shortly thereafter. This ends a 13-month impasse and should allow for the enaction of reforms necessary to unfreeze IMF loans, while EU accession plans will be a priority for the new government.

Bosnia and Herzegovina - Current Account Data

2013  2014  2015  2016  2017  
Current Account (% of GDP)-4.9  -7.3  -5.1  -4.5  -4.8  

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Note: Current account balance as % of GDP.

Bosnia and Herzegovina Facts

Exchange Rate1.74-0.65 %Dec 31
Stock Market0.50.0 %Jan 07

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