GDP in Bosnia and Herzegovina

Bosnia and Herzegovina GDP | Economic News & Forecasts

Bosnia and Herzegovina - GDP

The economy hit a speed bump in Q2, with growth decelerating from 2.8% in Q1 to 1.7%, the weakest reading in more than two years. Softer GDP growth was partially caused by unfavorable weather conditions, which dragged on agricultural output and construction activity. However, the panorama appears to have been rosier in Q3, with industrial production gaining momentum on the back of robust manufacturing output growth. The external sector is also expected to have buttressed growth on account of a booming tourist sector. However, Parliament’s reticence to reduce public spending ahead of next year’s October elections continues to weigh on sentiment and is keeping the economy out of reach of the second tranche of IMF funding under the Extended Fund Facility.

Bosnia and Herzegovina - GDP Data

2012  2013  2014  2015  2016  
Economic Growth (GDP, annual variation in %)-0.9  2.4  1.1  3.1  2.0  

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Bosnia and Herzegovina GDP Chart

Bosnia GDP
Note: Annual variation of gross domestic product (GDP) in %.

Bosnia and Herzegovina Facts

Exchange Rate1.66-0.65 %Nov 17
Stock Market0.10.0 %Nov 17

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