Bosnia and Herzegovina’s economy advanced by 3.4% year-on-year in the second quarter of 2018, up from a 2% growth in the previous three month period. It was the strongest pace of expansion since the first quarter of 2017. Output rose faster for wholesale & retail trade, transportation & storage and accommodation & food service activities (8.6% from 7.1% in Q1) and financial & insurance activities (9.2% from 4.8%). Additionally, production rebounded for agriculture, forestry & fishing (8.5% from -2.4%) and professional, scientific & technical, administrative & support service activities (0.7% from -5.3%). On the other hand, output slowed for industry (1.3% from 2.6%), mainly due to a contraction in manufacturing (-1.7% from 2.1%); and construction (1.6% from 2.1%). On a seasonally adjusted quarterly basis, the economy expanded 1.1%, following a downwardly revised 0.4% gain in the first quarter. GDP Annual Growth Rate in Bosnia and Herzegovina averaged 1.73 percent from 2004 until 2018, 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 2.50 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 3.00 in 12 months time. In the long-term, the Bosnia and Herzegovina GDP Annual Growth Rate is projected to trend around 2.70 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
2018-01-04 11:00 AM GDP Growth Rate YoY 2.3% -0.6% 2.6%
2018-04-03 09:00 AM GDP Growth Rate YoY 3% 1.8% 4.90%
2018-07-09 12:30 PM GDP Growth Rate YoY 2% 2.6% 2.8%
2018-10-09 08:55 AM GDP Growth Rate YoY 3.4% 2% 2.7%
2018-12-28 11:30 AM GDP Growth Rate YoY 3.4% 2.6%
2019-01-04 11:00 AM GDP Growth Rate YoY 3%
2019-04-03 09:00 AM GDP Growth Rate YoY 2.50%


Bosnia and Herzegovina GDP Last Previous Highest Lowest Unit
GDP Growth Rate 1.10 0.40 6.00 -3.80 percent [+]
GDP Annual Growth Rate 3.40 2.00 6.40 -6.70 percent [+]
GDP 18.17 16.91 19.11 1.26 USD Billion [+]
GDP Constant Prices 7499850.00 6603306.00 7907840.00 5597560.00 BAM Thousand [+]
Gross Fixed Capital Formation 5487096.00 5222232.00 5956039.00 4044439.00 BAM THO [+]
GDP per capita 5561.29 5305.56 5561.29 698.56 USD [+]
GDP per capita PPP 11713.89 11337.57 11713.89 1471.41 USD [+]
GDP From Agriculture 469177.00 209072.00 909270.00 180827.00 BAM Thousand [+]
GDP From Construction 305668.00 272772.00 360235.00 202221.00 BAM Thousand [+]
GDP From Manufacturing 913596.00 802913.00 941377.00 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 December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
3.40 2.00 6.40 -6.70 2004 - 2018 percent Quarterly




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India 7.10 Sep/18
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Japan 0.00 Sep/18
Argentina -4.20 Jun/18


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