Current Account in Bosnia and Herzegovina
Bosnia and Herzegovina - Current AccountEconomic 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
|Current Account (% of GDP)||-4.9||-7.3||-5.1||-4.5||-4.8|
5 years of economic forecasts for more than 30 economic indicators.
Bosnia and Herzegovina Facts
|Exchange Rate||1.74||-0.65 %||Dec 31|
|Stock Market||0.5||0.0 %||Jan 07|
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