Bosnia Economic Outlook
May 8, 2018The most recent economic data suggests that the economy of Bosnia and Herzegovina grew at a broadly steady pace in the first quarter after expanding robustly in the fourth quarter of 2017. Growth in exports in the January-to-March period expanded at a double-digit rate. In addition, increased tourist arrivals, as the country establishes itself as a tourist hotspot, are further strengthening the external sector. The domestic economy performed equally well, with industrial production expanding at a brisk pace in February on the back of increased energy production and consumer goods output. Registered unemployment dropped notably in the same month, boding well for private consumption growth in the quarter.
Bosnia and Herzegovina Economic GrowthDeclining unemployment and sizeable remittance inflows should support strong growth in private consumption this year and next. Public infrastructure spending should benefit from increased multilateral support, which is expected to further buoy the economy. Our panel sees GDP expanding 3.0% in 2018, up 0.1 percentage points from last month’s estimate. 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 %||May 21|
|Stock Market||0.1||0.0 %||May 21|
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