Bosnia and Herzegovina | Economic Forecasts | 2016-2020 Outlook

Overview Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
GDP Growth Rate 1.00 0.6 0.7 0.7 0.6 0.5 percent [+]
Unemployment Rate 40.90 40.2 39.7 39.4 38.8 36 percent [+]
Inflation Rate -0.20 0.1 0.4 0.8 1.2 2 percent [+]
Interest Rate 5.21 4.25 4 3.75 3.5 2.5 percent [+]
Balance of Trade -609171.99 -519147 -517450 -517273 -517290 -517316 BAM Thousand [+]
Government Debt to GDP 30.90 31.05 30.98 30.92 30.86 30.86 percent [+]
MARKETS Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Stock Market 654.61 664 658 651 644 542 points [+]
Currency 1.84 1.92 1.94 1.96 1.97 2.26 [+]
GDP Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
GDP Growth Rate 1.00 0.6 0.7 0.7 0.6 0.5 percent [+]
GDP Annual Growth Rate 2.40 2 2.3 2.5 2.5 2.7 percent [+]
GDP 16.19 16.64 16.69 16.4 16.98 19.65 USD Billion [+]
GDP Constant Prices 7587308.00 6368218 7072130 7691420 6946738 7425529 BAM Thousand [+]
Gross Fixed Capital Formation 5050008.00 5466471 5389151 5311831 5234511 5916206 BAM THO [+]
GDP per capita 4801.87 4773 4846 4920 4993 5288 USD [+]
GDP per capita PPP 10011.63 9952 10104 10257 10410 11024 USD [+]
GDP From Agriculture 876304.00 -126109 76231 58502 44583 1490 BAM Thousand [+]
GDP From Construction 288916.00 257693 276738 283064 283442 281015 BAM Thousand [+]
GDP From Manufacturing 841493.00 757125 874137 864400 865790 855762 BAM Thousand [+]
GDP From Mining 128493.00 129857 137865 140922 144313 142294 BAM Thousand [+]
GDP From Public Administration 589843.00 587005 587645 588152 588466 588344 BAM Thousand [+]
GDP From Services 788360.00 871186 871188 871188 871188 871188 BAM Thousand [+]
GDP From Transport 217369.00 247236 247471 247693 247910 250459 BAM Thousand [+]
GDP From Utilities 70250.00 69998 69941 70220 69949 70084 BAM Thousand [+]
LABOUR Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Unemployment Rate 40.90 40.2 39.7 39.4 38.8 36 percent [+]
Unemployed Persons 511009.00 511704 510936 510542 510294 509993 [+]
Wages 1325.00 1330 1336 1342 1348 1399 BAM/Month [+]
Wages in Manufacturing 947.00 942 941 941 941 941 BAM/Month [+]
Population 3.83 3.82 3.82 3.82 3.82 3.83 million [+]
PRICES Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Inflation Rate -0.20 0.1 0.4 0.8 1.2 2 percent [+]
Consumer Price Index CPI 102.70 102 102 102 102 102 Index Points [+]
Producer Prices Change 0.50 0.99 1.37 1.44 1.53 1.58 percent [+]
Inflation Rate Mom 0.00 0.2 0.23 0.2 0.2 0.2 percent [+]
Food Inflation -0.60 -0.55 -0.53 -0.52 -0.51 -0.51 percent [+]
Cpi Transportation 100.00 99.7 99.76 99.75 99.75 99.76 Index Points [+]
MONEY Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Interest Rate 5.21 4.25 4 3.75 3.5 2.5 percent [+]
Money Supply M0 4066.80 4134 4179 4224 4269 4808 BAM Million [+]
Money Supply M1 9301.19 9429 9542 9654 9765 11104 BAM Million [+]
Money Supply M2 20197.64 20548 20893 21233 21568 25232 BAM Million [+]
Money Supply M3 10896.45 11022 11138 11253 11367 12617 BAM Million [+]
Foreign Exchange Reserves 9531.14 9597 9640 9673 9697 9768 BAM Million [+]
Deposit Interest Rate 2.06 3.16 2.96 2.76 2.56 1.64 percent [+]
Loans To Private Sector 7581.30 7622 7655 7684 7710 7872 BAM Million [+]
Central Bank Balance Sheet 9495717.00 9461776 9462529 9488417 9495865 9478926 BAM Thousand [+]
TRADE Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Balance of Trade -609171.99 -519147 -517450 -517273 -517290 -517316 BAM Thousand [+]
Exports 858965.83 841340 845714 847351 847717 847708 BAM Thousand [+]
Imports 1468137.82 1333687 1337126 1338205 1338437 1338461 BAM Thousand [+]
Current Account -209.63 -257 -339 -239 -341 -339 BAM Million [+]
Current Account to GDP -5.60 -7.06 -6.85 -6.63 -6.41 -6.44 percent [+]
External Debt 8644848.67 8682492 8695307 8707388 8718632 8804326 BAM THO [+]
Capital Flows 195.99 -196 -209 -189 -211 -203 BAM Million [+]
Gold Reserves 2.99 2.99 2.99 2.99 2.99 2.99 Tonnes [+]
Foreign Direct Investment 80.50 111 138 75.22 246 170 BAM Million [+]
Terrorism Index 2.68 2.15 2.25 2.36 2.46 1.55 [+]
Tourist Arrivals 106226.00 78464 104342 100336 87328 93451 [+]
GOVERNMENT Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Government Debt to GDP 30.90 31.05 30.98 30.92 30.86 30.86 percent [+]
Government Budget 0.70 -0.35 0.55 1.46 2.37 -0.86 percent of GDP [+]
Government Budget Value 748.00 541 581 620 660 322 BAM Million [+]
Government Spending 6130769.00 6106567 6079099 6051632 6024165 6124408 BAM THO [+]
Government Revenues 12335.09 12254 12426 12597 12769 13384 BAM Million [+]
Fiscal Expenditure 11587.02 11571 11756 11941 12126 12498 BAM Million [+]
Military Expenditure 193.00 200 202 204 209 293 USD Million [+]
BUSINESS Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Industrial Production 7.30 2.72 2.89 2.97 2.95 2.95 percent [+]
Manufacturing Production 3.40 3.4 3.97 4.56 4.77 5.26 percent [+]
Steel Production 70.37 64.33 66.19 66.26 66.02 66.11 Thousand Tonnes [+]
Ease of Doing Business 81.00 90.84 91.08 91.33 91.58 101 [+]
Competitiveness Index 3.80 3.67 3.67 3.67 3.67 3.83 Points [+]
Competitiveness Rank 107.00 110 110 110 110 89.8 [+]
Corruption Index 38.00 36.62 36.55 36.49 36.43 34.32 Points [+]
Corruption Rank 83.00 82.65 81.92 81.19 80.46 83.55 [+]
Mining Production 9.60 3.37 2.87 2.63 2.78 2.73 percent [+]
CONSUMER Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Retail Sales MoM 0.00 0.77 0.1 0.38 0.58 0.46 percent [+]
Retail Sales YoY 7.20 7.94 8.14 8.3 8.43 8.89 percent [+]
Consumer Spending 23230853.00 23537342 23550748 23564154 23577561 24775311 BAM THO [+]
Gasoline Prices 1.19 1.15 1.14 1.13 1.13 1.11 USD/Liter [+]
Consumer Credit 8056.00 8162 8231 8294 8352 8776 BAM Million [+]
HOUSING Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Housing Index 549.00 531 634 569 775 725 [+]
TAXES Actual Q1/17 Q2/17 Q3/17 Q4/17 2020
Corporate Tax Rate 10.00 10 10 10 10 10 percent [+]
Personal Income Tax Rate 10.00 10 10 10 10 10 percent [+]
Sales Tax Rate 17.00 17 17 17 17 17 percent [+]
Social Security Rate 41.50 41.5 41.5 41.5 41.5 41.5 percent [+]
Social Security Rate For Companies 10.50 10.5 10.5 10.5 10.5 10.5 percent [+]
Social Security Rate For Employees 31.00 31 31 31 31 31 percent [+]





Economic Forecasts for Bosnia and Herzegovina including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Bosnia and Herzegovina economy. 2/20/2017