Trade Balance in Bosnia and Herzegovina

Bosnia and Herzegovina Trade Balance | Economic News & Forecasts

Bosnia and Herzegovina - Trade Balance

The 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 - Trade Balance Data

2015   2016   2017   2018   2019  
Trade Balance (USD billion)-4.1  -4.0  -4.3  -4.5  -4.6  

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Bosnia and Herzegovina Trade Balance Chart


Bosnia Trade
Note: Trade balance in USD bn.

Bosnia and Herzegovina Facts

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

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