Bosnia and Herzegovina’s economy expanded by 2.6 percent year-on-year in the second quarter of 2019, after an upwardly revised 2.8 percent growth in the previous period. It was the weakest pace of expansion since the last quarter of 2017, as output slowed for manufacturing (0.2 percent vs 1.5 percent in Q1); financial and insurance activities (4.4 percent vs 5.8 percent) and construction (0.5 percent vs 0.6 percent). Meanwhile, production advanced faster for information and communication (6.7 percent vs 2.7 percent) and real estate activities (0.2 percent vs 0.1 percent). On a seasonally adjusted quarterly basis, the economy advanced 1.0 percent, following a 0.2 percent gain in the first quarter of 2019. GDP Annual Growth Rate in Bosnia and Herzegovina averaged 1.90 percent from 2004 until 2019, reaching an all time high of 6.40 percent in the third quarter of 2011 and a record low of -6.70 percent in the fourth quarter of 2009.

GDP Annual Growth Rate in Bosnia and Herzegovina is expected to be 2.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Annual Growth Rate in Bosnia and Herzegovina to stand at 2.50 in 12 months time. In the long-term, the Bosnia and Herzegovina GDP Annual Growth Rate is projected to trend around 2.90 percent in 2020, according to our econometric models.

Bosnia and Herzegovina GDP Annual Growth Rate
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Calendar GMT Actual Previous Consensus TEForecast
2019-01-28 12:15 PM GDP Growth Rate YoY Q3 3.2% 3.6% 2.6%
2019-04-01 09:00 AM GDP Growth Rate YoY Q4 3.0% 2.7% 2.5%
2019-06-28 11:00 AM GDP Growth Rate YoY Q1 2.2% 3.0% 2.8%
2019-10-10 11:45 AM GDP Growth Rate YoY Q2 2.6% 2.8% 2.6%
2019-12-27 11:30 AM GDP Growth Rate YoY Q3 2.6% 2.5%


Bosnia and Herzegovina GDP Last Previous Highest Lowest Unit
GDP Growth Rate 1.00 0.20 6.00 -3.80 percent [+]
GDP Annual Growth Rate 2.60 2.80 6.40 -6.70 percent [+]
GDP 19.78 18.08 19.78 1.26 USD Billion [+]
GDP Constant Prices 8049788.00 7479903.00 8292096.00 5597560.00 BAM Thousand [+]
Gross Fixed Capital Formation 5487096.00 5222232.00 5956039.00 4044439.00 BAM THO [+]
GDP per capita 6056.20 5827.70 6056.20 700.70 USD [+]
GDP per capita PPP 12756.00 12274.61 12756.00 1475.95 USD [+]
GDP From Agriculture 417004.00 336721.00 909270.00 180827.00 BAM Thousand [+]
GDP From Construction 309157.00 287479.00 360235.00 202221.00 BAM Thousand [+]
GDP From Manufacturing 976348.00 885932.00 976348.00 542735.00 BAM Thousand [+]


Bosnia and Herzegovina GDP Annual Growth Rate

Manufacturing and mining are important sectors of Bosnia and Herzegovina's economy and make-up the bulk of exports. Tourism is currently growing and is expected to become vital. On the expenditure side, household consumption is the main component of GDP and accounts for 81 percent of its total use, followed by government expenditure (22 percent) and gross fixed capital formation (18 percent). Exports of goods and services account for 33 percent of GDP while imports account for 55 percent, subtracting 22 percent from the GDP. This page provides the latest reported value for - Bosnia and Herzegovina GDP Annual Growth Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Bosnia and Herzegovina GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
2.60 2.80 6.40 -6.70 2004 - 2019 percent Quarterly




Country Last Previous
China 6.20 Jun/19
Indonesia 5.05 Jun/19
India 5.00 Jun/19
United States 2.30 Jun/19
South Korea 2.00 Jun/19
Spain 2.00 Jun/19
Netherlands 1.80 Jun/19
Canada 1.60 Jun/19
Australia 1.40 Jun/19
France 1.40 Jun/19
United Kingdom 1.30 Jun/19
Euro Area 1.20 Jun/19
Brazil 1.00 Jun/19
Japan 1.00 Jun/19
Russia 0.90 Jun/19
South Africa 0.90 Jun/19
Argentina 0.60 Jun/19
Saudi Arabia 0.50 Jun/19
Germany 0.40 Jun/19
Switzerland 0.20 Jun/19
Singapore 0.10 Sep/19
Italy -0.10 Jun/19
Mexico -0.80 Jun/19
Turkey -1.50 Jun/19


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