Bosnia Economic Outlook
October 30, 2018The country elected a new tripartite state presidency as well as over 500 other government officials in its 7 October general elections. Milorad Dodik, the elected Serb representative, is an ethnic nationalist in favor of an independent Republika Srpska and resistant to EU and NATO membership. Meanwhile, Šefik Džaferovic, the Bosniak representative, and Željko Komšic, the Croat incumbent, hold more moderate views. While the results are unlikely to have much of a short-term economic impact, they could create more political tension and intensify ethnic divisions, which would impede progress on necessary structural reforms. Looking at the economy, annual GDP growth accelerated in Q2, driven primarily by robust private consumption growth.
Bosnia and Herzegovina Economic GrowthEconomic growth should continue at steady pace in 2019, supported by a pick-up in investment, solid regional dynamics, and healthy FDI inflows. However, persistent political and social tensions and high unemployment are risks to the outlook. Met the why particular panelists expect GDP to expand 3.2% in 2019, which is up 0.1 percentage points from last month’s forecast. Our panel sees GDP expanding 3.1% in 2020.
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||1.73||-0.65 %||Nov 13|
|Stock Market||0.1||0.0 %||Nov 13|
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