The current account deficit in Bosnia and Herzegovina narrowed to BAM 395.5 million in the first quarter of 2020 from BAM 462.9 million in the corresponding period of the previous year, as the goods and services gap went down to BAM 1,297.9 million from BAM 1,385.1 million in Q1 2019. On the other hand, the primary income surplus fell to BAM 2.6 million from BAM 5.2 million and the secondary income surplus shrank to BAM 898.8 million from 916.9 million.
Current Account in Bosnia and Herzegovina averaged -451.52 BAM Million from 2007 until 2020, reaching an all time high of -91.19 BAM Million in the third quarter of 2019 and a record low of -980.46 BAM Million in the third quarter of 2008. This page provides the latest reported value for - Bosnia and Herzegovina Current Account - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Bosnia and Herzegovina Current Account - data, historical chart, forecasts and calendar of releases - was last updated on August of 2020.
Current Account in Bosnia and Herzegovina is expected to be -320.00 BAM Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Bosnia and Herzegovina to stand at -460.00 in 12 months time. In the long-term, the Bosnia and Herzegovina Current Account is projected to trend around -470.00 BAM Million in 2021, according to our econometric models.