Bosnia and Herzegovina | Economic Forecasts | 2016-2020 Outlook

Overview Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
GDP Growth Rate 1.00 0.7 0.7 0.6 0.5 0.5 percent [+]
Unemployment Rate 40.58 39.7 39.4 38.8 38.4 36 percent [+]
Inflation Rate 1.20 1.9 2.2 2.5 2.7 2.2 percent [+]
Interest Rate 4.91 4 3.75 3.5 3.5 2.5 percent [+]
Balance of Trade -631299.06 -582116 -585658 -586563 -586776 -586776 BAM Thousand [+]
Government Debt to GDP 30.90 30.98 30.92 30.86 30.86 30.86 percent [+]
MARKETS Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Currency 1.83 1.86 1.88 1.93 1.91 2.21 [+]
Stock Market 617.23 605 599 581 587 489 points [+]
GDP Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
GDP Growth Rate 1.00 0.7 0.7 0.6 0.5 0.5 percent [+]
GDP Annual Growth Rate 2.60 2.3 2.5 2.5 2.4 2.7 percent [+]
GDP 16.19 16.69 16.61 16.98 16.43 19.65 USD Billion [+]
GDP Constant Prices 6827876.00 7023328 7628732 6884587 6350961 6919404 BAM Thousand [+]
Gross Fixed Capital Formation 5050008.00 5389151 5311831 5234511 5341503 5916206 BAM THO [+]
GDP per capita 4801.87 4825 4893 4961 4978 5235 USD [+]
GDP per capita PPP 10011.63 10060 10202 10344 10380 10914 USD [+]
GDP From Agriculture 236459.00 454795 851903 243402 200432 263393 BAM Thousand [+]
GDP From Construction 284945.00 274083 285043 281445 255704 278014 BAM Thousand [+]
GDP From Manufacturing 863938.00 879404 846149 863859 767545 855070 BAM Thousand [+]
GDP From Mining 128493.00 137865 140922 144313 130989 142294 BAM Thousand [+]
GDP From Public Administration 589843.00 587276 587827 588174 588345 588050 BAM Thousand [+]
GDP From Services 788360.00 871188 871188 871188 871188 871188 BAM Thousand [+]
GDP From Transport 217369.00 239529 245168 241634 224153 239999 BAM Thousand [+]
GDP From Utilities 70250.00 69941 70220 69949 70098 70084 BAM Thousand [+]
LABOUR Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Unemployment Rate 40.58 39.7 39.4 38.8 38.4 36 percent [+]
Unemployed Persons 511922.00 510565 511211 510589 510754 510551 [+]
Wages 1299.00 1308 1309 1309 1310 1316 BAM/Month [+]
Wages in Manufacturing 912.00 922 922 921 921 921 BAM/Month [+]
Population 3.83 3.82 3.82 3.82 3.82 3.83 million [+]
Employed Persons 749566.00 741842 741200 742450 742507 742281 [+]
PRICES Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Inflation Rate 1.20 1.9 2.2 2.5 2.7 2.2 percent [+]
Consumer Price Index CPI 104.20 104 104 104 104 104 Index Points [+]
Producer Prices Change 2.70 5.2 5.6 4.9 3.4 2.6 percent [+]
Food Inflation 0.20 0.9 1.12 1.22 1.27 1.31 percent [+]
Cpi Transportation 103.30 102 102 102 102 102 Index Points [+]
Inflation Rate Mom 0.30 0.63 0.63 0.6 0.61 0.61 percent [+]
MONEY Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Interest Rate 4.91 4 3.75 3.5 3.5 2.5 percent [+]
Money Supply M0 4050.55 4090 4136 4182 4227 4728 BAM Million [+]
Money Supply M1 9346.11 9498 9610 9722 9835 11070 BAM Million [+]
Money Supply M2 20425.86 20885 21224 21558 21888 25214 BAM Million [+]
Money Supply M3 11079.75 11258 11386 11513 11639 12924 BAM Million [+]
Foreign Exchange Reserves 9367.79 9503 9614 9725 9836 11057 BAM Million [+]
Deposit Interest Rate 1.60 1.96 1.66 1.36 1.17 -0.16 percent [+]
Central Bank Balance Sheet 9495717.00 9462529 9488417 9495865 9485314 9478926 BAM Thousand [+]
Loans To Private Sector 7703.00 7858 7931 7996 8055 8414 BAM Million [+]
TRADE Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Balance of Trade -631299.06 -582116 -585658 -586563 -586776 -586776 BAM Thousand [+]
Exports 859700.03 845647 846826 847312 847446 847468 BAM Thousand [+]
Imports 1490999.09 1445775 1448552 1449622 1449900 1449954 BAM Thousand [+]
Current Account -351.29 -350 -252 -358 -257 -355 BAM Million [+]
Current Account to GDP -5.60 -6.85 -6.63 -6.41 -6.42 -6.44 percent [+]
External Debt 8870660.69 8995913 9048554 9097779 9143632 9496546 BAM THO [+]
Capital Flows -243.66 -137 -179 -71.87 -180 -127 BAM Million [+]
Gold Reserves 2.99 2.99 2.99 2.99 2.99 2.99 Tonnes [+]
Terrorism Index 2.68 2.25 2.36 2.46 2.41 1.55 [+]
Tourist Arrivals 106226.00 104342 100336 87328 90719 93451 [+]
Foreign Direct Investment 80.50 126 79.23 249 142 170 BAM Million [+]
GOVERNMENT Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Government Debt to GDP 30.90 30.98 30.92 30.86 30.86 30.86 percent [+]
Government Budget 0.70 0.55 1.46 2.37 2.19 -0.86 percent of GDP [+]
Government Budget Value 748.00 581 620 660 602 322 BAM Million [+]
Government Spending 6130769.00 6079099 6051632 6024165 6051363 6124408 BAM THO [+]
Government Revenues 12335.09 12426 12597 12769 12777 13384 BAM Million [+]
Fiscal Expenditure 11587.02 11756 11941 12126 12126 12498 BAM Million [+]
Military Expenditure 193.00 200 202 204 209 293 USD Million [+]
BUSINESS Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Industrial Production 7.30 4.44 4 3.75 3.6 3.36 percent [+]
Manufacturing Production 3.40 2.52 2.8 3.01 3.16 3.59 percent [+]
Ease of Doing Business 81.00 88 89 90 96 131 [+]
Competitiveness Index 3.80 3.6 3.6 3.6 3.72 3.89 Points [+]
Competitiveness Rank 107.00 114 114 114 105 105 [+]
Corruption Index 39.00 39 40 41 41 39 Points [+]
Corruption Rank 83.00 80 78 76 76 74 [+]
Industrial Production Mom -1.00 0.29 0.29 0.29 0.29 0.29 percent [+]
Mining Production 9.60 2.64 2.32 2.29 2.29 2.29 percent [+]
Steel Production 64.09 63.36 63.98 64.31 64 64.11 Thousand Tonnes [+]
CONSUMER Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Retail Sales MoM 2.10 1.43 0.93 0.53 0.71 0.75 percent [+]
Retail Sales YoY 3.40 2.69 2.3 2.2 2.14 2.11 percent [+]
Consumer Spending 23230853.00 23550748 23564154 23577561 23659229 24775311 BAM THO [+]
Consumer Credit 8076.30 8209 8266 8319 8368 8705 BAM Million [+]
Gasoline Prices 1.17 1.16 1.15 1.15 1.15 1.14 USD/Liter [+]
HOUSING Actual Q2/17 Q3/17 Q4/17 Q1/18 2020
Housing Index 1190.00 704 627 1163 652 1043 [+]
TAXES Actual Q2/17 Q3/17 Q4/17 Q1/18 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. 4/23/2017