Bosnia and Herzegovina | Economic Forecasts | 2016-2020 Outlook

Overview Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
GDP Growth Rate 0.50 0.5 0.6 0.7 0.7 0.5 percent [+]
Unemployment Rate 41.25 41.2 40.9 40.2 41.18 36 percent [+]
Inflation Rate -0.90 -0.5 0.1 0.4 0.8 2 percent [+]
Interest Rate 5.24 4.5 4.25 4 3.75 2.5 percent [+]
Balance of Trade -534734.90 -542516 -540478 -540767 -540816 -540839 BAM Thousand [+]
Government Debt to GDP 30.90 30.86 30.86 30.86 30.86 30.86 percent [+]
MARKETS Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Stock Market 681.32 690 683 676 669 557 points [+]
Currency 1.85 1.86 1.88 1.9 1.91 2.21 [+]
GDP Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
GDP Growth Rate 0.50 0.5 0.6 0.7 0.7 0.5 percent [+]
GDP Annual Growth Rate 2.30 2.2 2 2.3 2.5 2.7 percent [+]
GDP 16.00 16.58 16.64 16.69 16.18 19.65 USD Billion [+]
GDP Constant Prices 6938978.00 6669947 6337565 7015593 7629076 7244556 BAM THO [+]
Gross Fixed Capital Formation 5189062.00 5731975 5767953 5803932 5839910 7171021 BAM THO [+]
GDP per capita 4807.60 4993 5016 5039 5061 5288 USD [+]
GDP per capita PPP 10023.56 10410 10458 10505 10553 11024 USD [+]
GDP From Agriculture 463031.00 -85266 -124864 80071 64083 3246 BAM Thousand [+]
GDP From Construction 278116.00 285141 257693 276738 283064 281015 BAM Thousand [+]
GDP From Manufacturing 856222.00 863705 757125 874137 864400 855762 BAM Thousand [+]
GDP From Mining 128493.00 145552 129857 137865 140922 142294 BAM Thousand [+]
GDP From Public Administration 589843.00 586701 587005 587645 588152 588344 BAM Thousand [+]
GDP From Services 788360.00 871158 871186 871188 871188 871188 BAM Thousand [+]
GDP From Transport 217369.00 248859 246291 246550 246806 250099 BAM Thousand [+]
GDP From Utilities 70250.00 70328 69998 69941 70220 70084 BAM Thousand [+]
LABOUR Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Unemployment Rate 41.25 41.2 40.9 40.2 41.18 36 percent [+]
Unemployed Persons 514935.00 506691 505910 502970 502648 500853 [+]
Wages 1299.00 1302 1305 1307 1308 1323 BAM/Month [+]
Wages in Manufacturing 916.00 892 891 890 889 918 BAM/Month [+]
Population 3.83 3.82 3.82 3.82 3.82 3.83 million [+]
PRICES Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Inflation Rate -0.90 -0.5 0.1 0.4 0.8 2 percent [+]
Consumer Price Index CPI 102.60 103 102 102 102 102 Index Points [+]
Inflation Rate Mom 0.30 -0.06 -0.08 -0.07 -0.07 -0.07 percent [+]
Food Inflation -1.40 -1.46 -1.44 -1.44 -1.44 -1.44 percent [+]
Cpi Transportation 99.00 99.27 99.1 99.14 99.13 99.13 Index Points [+]
MONEY Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Interest Rate 5.24 4.5 4.25 4 3.75 2.5 percent [+]
Money Supply M0 3985.45 4009 4087 4166 4247 5429 BAM Million [+]
Money Supply M1 8998.06 9304 9563 9829 10102 14414 BAM Million [+]
Money Supply M2 19668.04 20111 20395 20642 20920 21175 BAM Million [+]
Money Supply M3 10669.98 10679 10673 10667 10661 10584 BAM Million [+]
Foreign Exchange Reserves 9445.31 9628 9807 9980 10148 11955 BAM Million [+]
Deposit Interest Rate 2.06 2.56 2.21 1.86 1.52 1.64 percent [+]
Loans To Private Sector 7498.40 7503 7505 7507 7508 7519 BAM Million [+]
Central Bank Balance Sheet 9421422.00 9467740 9525464 9571612 9608507 9747591 BAM Thousand [+]
TRADE Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Balance of Trade -534734.90 -542516 -540478 -540767 -540816 -540839 BAM Thousand [+]
Exports 786662.68 784377 785612 786351 786570 786615 BAM Thousand [+]
Imports 1321397.58 1311586 1311163 1311625 1311820 1311882 BAM Thousand [+]
Current Account -495.70 -410 -421 -384 -393 -387 BAM Million [+]
Current Account to GDP -5.60 -6.41 -6.42 -6.43 -6.43 -6.44 percent [+]
External Debt 8644848.67 8668884 8682492 8695307 8707388 8804326 BAM THO [+]
Capital Flows -184.42 -206 -196 -209 -189 -203 BAM Million [+]
Gold Reserves 2.99 2.99 2.99 2.99 2.99 2.99 Tonnes [+]
Foreign Direct Investment 82.30 323 111 138 75.22 170 BAM Million [+]
Terrorism Index 2.68 2.46 2.41 2.36 2.31 1.55 [+]
Tourist Arrivals 140867.00 74218 79834 103856 99116 93049 [+]
GOVERNMENT Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Government Debt to GDP 30.90 30.86 30.86 30.86 30.86 30.86 percent [+]
Government Budget 0.70 2.37 2.19 2 1.82 -0.86 percent of GDP [+]
Government Budget Value 748.00 660 602 544 486 322 BAM Million [+]
Government Spending 6028680.00 6132143 6106670 6081196 6055723 6131918 BAM THO [+]
Government Revenues 12335.09 12769 12777 12786 12794 13384 BAM Million [+]
Fiscal Expenditure 11587.02 12126 12126 12127 12127 12498 BAM Million [+]
Military Expenditure 193.00 200 202 204 209 293 USD Million [+]
BUSINESS Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Industrial Production -0.40 -1.15 0.22 -3.77 -1.94 -1.24 percent [+]
Manufacturing Production -0.10 3.25 3.4 3.97 4.56 5.26 percent [+]
Steel Production 48.40 69.99 63.53 65.88 65.66 65.61 Thousand Tonnes [+]
Ease of Doing Business 81.00 90.59 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 36.43 36.15 35.88 35.61 34.32 Points [+]
Corruption Rank 76.00 80.46 80.92 81.38 81.84 83.55 [+]
Mining Production -1.10 2.1 1.99 2.2 2.08 2.11 percent [+]
CONSUMER Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Retail Sales MoM 0.90 1.51 1.63 0.86 0.83 1.03 percent [+]
Retail Sales YoY 8.50 7.53 7.92 8.12 8.28 8.86 percent [+]
Consumer Spending 23005939.00 23638508 23828322 24018135 24207948 27464479 BAM THO [+]
Gasoline Prices 1.16 1.15 1.14 1.13 1.13 1.1 USD/Liter [+]
Consumer Credit 7978.10 8042 8099 8151 8198 8558 BAM Million [+]
HOUSING Actual Q4/16 Q1/17 Q2/17 Q3/17 2020
Housing Index 549.00 793 531 634 569 725 [+]
TAXES Actual Q4/16 Q1/17 Q2/17 Q3/17 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. 12/10/2016