Wednesday April 12 2017
Bosnia and Herzegovina GDP Annual Growth Rate at 2.60 percent
The Bosnia and Herzegovina's economy expanded 2.6 percent year-on-year in the fourth quarter of 2017, following a downwardly revised 2.3 percent growth in the previous period. Growth was supported by industry (5.7 percent from 3.2 percent in Q3); financial and insurance (8.9 percent from 2 percent); professional, scientific and technical activities (4.7 percent from 4.1 percent); arts, entertainment, and recreation (7.9 percent from 7.7 percent). Meanwhile, the output rose at a slower pace for agriculture (5.6 percent from 6.9 percent) and fell for trade, repair of motor vehicles, transportation, accommodation and food services (-0.3 percent from 1.8 percent) and construction (-2.8 percent from 0.7 percent). On a quarterly basis, the GDP advanced 0.7 percent. In 2016, the economy expanded 2 percent.