Bosnia-Herz. Unemployment (% of active population, aop)

Bosnia-Herz. Unemployment (% of active population, aop)

Unemployment Rate in Bosnia-Herz.

Year-on-year GDP growth slowed to 1.7% in the fourth quarter, down from 2.6% in Q3. The deceleration was driven by expansions in the construction and service sectors, while manufacturing and agriculture contracted. Looking at Q1 2023, high-frequency indicators suggest a further deceleration. Industrial production contracted at a sharper pace in the quarter relative to Q4, while growth in both merchandise exports and retail sales slowed. More positively, the number of overnight tourist stays increased by 15.4% in January–February from the year-earlier period. In other news, the Federation of Bosnia and Herzegovina formed a new government on April 28, after several months of political gridlock. This is expected to bring more stability, but significant near-term economic benefits are not anticipated.

Bosnia-Herz. Unemployment Rate Chart

This chart displays Unemployment Rate for Bosnia-Herz. from 2013 to 2022.

Bosnia-Herz. Unemployment Rate Data

2017 2018 2019 2020 2021
Unemployment (% of active population, aop) 38.4 36.0 33.1 33.8 32.4

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