Bosnia Economic Outlook
September 4, 2018The economy appears to be performing well in the third quarter. Merchandise exports grew at a brisk double-digit pace in July on strong demand from Europe. Moreover, industrial production expanded robustly in the same month. In addition, the unemployment rate ticked down to a new historic low in June—although it remains elevated above 30%—which should bode well for consumer spending in Q3. The IMF is expected to complete its second review under the current Extended Fund Facility program in the near-term future. If approved, the country will receive a subsequent tranche of approximately EUR 38 million.
Bosnia and Herzegovina Economic GrowthThis year the economy should be driven by strong private consumption, large-scale infrastructure projects, and favorable regional dynamics. Downside risks remain present, however, and political tensions ahead of the general election in October could stall important structural reforms and hinder fixed investment. Our panel sees GDP expanding 3.0% in 2018, which is down 0.1 percentage points from last month’s forecast. In 2019, Met the why particular panelists expect GDP to rise 3.2%.
Bosnia and Herzegovina Economy Data
5 years of Bosnia and Herzegovina economic forecasts for more than 30 economic indicators.
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Bosnia and Herzegovina Facts
|Exchange Rate||1.66||-0.65 %||Sep 24|
|Stock Market||0.1||0.0 %||Sep 24|
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