GDP in Bosnia and Herzegovina
Bosnia and Herzegovina - GDPThe economy grew 8.4% in annual terms in Q3, slowing from Q2’s 12.1% surge but remaining solid nonetheless. While the lower overall result was in part driven by a less favorable base effect, private consumption saw the largest slowdown, with rising consumer prices likely inhibiting spending. Nevertheless, higher growth in public and capital spending bolstered the domestic economy somewhat, while growth in exports and imports remained elevated. Turning to Q4, sharply rising consumer prices and a continuation of pandemic-related restrictions amid generally elevated daily Covid-19 cases through October–December will have likely weighed further on private consumption. In politics, Republika Srpska continued with moves toward unilateral secession, with the U.S. placing new sanctions on leader Milorad Dodik in response.
Bosnia and Herzegovina - GDP Data
|Economic Growth (GDP, annual variation in %)||4.1||3.4||3.2||3.3||2.6|
5 years of economic forecasts for more than 30 economic indicators.
Bosnia and Herzegovina GDP Chart
Bosnia and Herzegovina Facts
|Exchange Rate||1.74||-0.65 %||Dec 31|
|Stock Market||0.5||0.0 %||Jan 07|
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