Bosnia and Herzegovina Current Account to GDP

Bosnia and Herzegovina is expected to record a Current Account deficit of 5.5 percent of the countrys Gross Domestic Product in 2013. Current Account to GDP in Bosnia and Herzegovina is reported by the Central Bank of Bosnia and Herzegovina. From 2004 until 2012, Bosnia and Herzegovina Current Account to GDP averaged -10.7 Percent reaching an all time high of -6.1 Percent in December of 2010 and a record low of -17.0 Percent in December of 2005. The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Bosnia and Herzegovina Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-24

Actual Previous Highest Lowest Forecast Dates Unit Frequency
-5.50 -9.67 -6.10 -17.00 -11.42 | 2013/12 2004 - 2013 Percent Yearly

TO

Bosnia and Herzegovina Current Account to GDP
LIST BY COUNTRY

Trade Last Previous Highest Lowest Forecast Unit
Balance of Trade -385.83 2014-03-31 -344.76 -195.31 -646.00 -393.14 2014-01-31 Million BAM [+]
Current Account -425.14 2013-11-15 -298.33 -160.53 -1188.92 -185.07 2014-03-31 BAM Million [+]
Current Account to GDP -5.50 2013-12-31 -9.67 -6.10 -17.00 -11.42 2013-12-31 Percent [+]
Exports 487.16 2014-03-31 446.61 711.00 349.18 478.97 2014-01-31 Million BAM [+]
Imports 872.99 2014-03-31 791.37 1303.00 624.26 786.54 2014-01-31 Million BAM [+]
Capital Flows -54.67 2013-11-15 85.77 85.77 -1156.46 146.34 2014-03-31 BAM Million [+]
External Debt 7404689.35 2013-12-31 7339260.03 7404689.35 2386007.31 7468709.02 2014-03-31 BAM THO [+]
Gold Reserves 2.99 2013-12-31 2.99 2.99 0.00 Tonnes [+]
[+]


Current Account to GDP | Notes
The Current account balance as a percent of GDP provides an indication on the level of international competiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.


RELATED NEWS

Bosnia and Herzegovina Retail Sales MoM at -4.60 Percent  
Retail Sales in Bosnia and Herzegovina decreased 4.60 percent in February of 2014 over the previous month. Retail Sales MoM in Bosnia and Herzegovina is reported by the Federal Office of Statistics, Federation of Bosnia and Herzegovina.
Bosnia and Herzegovina Retail Sales YoY at 3.70 Percent  
Retail Sales in Bosnia and Herzegovina increased 3.70 percent in February of 2014 over the same month in the previous year. Retail Sales YoY in Bosnia and Herzegovina is reported by the Federal Office of Statistics, Federation of Bosnia and Herzegovina.
Bosnia and Herzegovina Balance of Trade at -385.83 Million BAM  
Bosnia and Herzegovina recorded a trade deficit of 385.83 Million BAM in March of 2014. Balance of Trade in Bosnia and Herzegovina is reported by the Federal Office of Statistics, Federation of Bosnia and Herzegovina.
Bosnia and Herzegovina Imports at 872.99 Million BAM  
Imports in Bosnia and Herzegovina increased to 872.99 Million BAM in March of 2014 from 791.37 Million BAM in February of 2014. Imports in Bosnia and Herzegovina is reported by the Federal Office of Statistics, Federation of Bosnia and Herzegovina.
Bosnia and Herzegovina Exports at 487.16 Million BAM  
Exports in Bosnia and Herzegovina increased to 487.16 Million BAM in March of 2014 from 446.61 Million BAM in February of 2014. Exports in Bosnia and Herzegovina is reported by the Federal Office of Statistics, Federation of Bosnia and Herzegovina.
Bosnia and Herzegovina Government Budget at -2.10 Percent of GDP  
Bosnia and Herzegovina recorded a Government Budget deficit equal to 2.10 percent of the country's Gross Domestic Product in 2012. Government Budget in Bosnia and Herzegovina is reported by the Central Bank of Bosnia and Herzegovina.
Bosnia and Herzegovina Current Account to GDP at -5.50 Percent  
Bosnia and Herzegovina is expected to record a Current Account deficit of 5.5 percent of the countrys Gross Domestic Product in 2013. Current Account to GDP in Bosnia and Herzegovina is reported by the Central Bank of Bosnia and Herzegovina.
Bosnia and Herzegovina Current Account at -425.14 BAM Million  
Bosnia and Herzegovina recorded a Current Account deficit of 425.14 BAM Million in the fourth quarter of 2013. Current Account in Bosnia and Herzegovina is reported by the Central Bank of Bosnia and Herzegovina.
Bosnia and Herzegovina Unemployment Rate at 44.54 Percent  
Unemployment Rate in Bosnia and Herzegovina decreased to 44.54 percent in February of 2014 from 44.61 percent in January of 2014. Unemployment Rate in Bosnia and Herzegovina is reported by the Federal Office of Statistics, Federation of Bosnia and Herzegovina.
Bosnia And Herzegovina Capital Flows at -54.67 BAM Million  
Capital Flows in Bosnia And Herzegovina decreased to -54.67 BAM Million in the fourth quarter of 2013 from 85.77 BAM Million in the third quarter of 2013. Capital Flows in Bosnia And Herzegovina is reported by the Central Bank of Bosnia and Herzegovina.
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