Industrial production in Bosnia and Herzegovina fell 10.6 percent year-on-year in June of 2020, following a 15.9 percent drop in each of the previous two months. Production continued to fell for both manufacturing (9.1 percent vs 18.5 percent in May) and electricity, gas, steam & air conditioning supply (18.6 percent vs -16.4 percent). In addition, output declined for mining & quarrying (-11.1 percent vs 2.7 percent). On a monthly basis, industrial production rose 2.9 percent, following a 1.7 percent gain in May.
Industrial Production in Bosnia and Herzegovina averaged 1.75 percent from 2007 until 2020, reaching an all time high of 28.80 percent in December of 2008 and a record low of -17.90 percent in December of 2009. This page provides - Bosnia and Herzegovina Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. Bosnia and Herzegovina Industrial Production - data, historical chart, forecasts and calendar of releases - was last updated on August of 2020.
Industrial Production in Bosnia and Herzegovina is expected to be -9.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Bosnia and Herzegovina to stand at 3.80 in 12 months time. In the long-term, the Bosnia and Herzegovina Industrial Production is projected to trend around 4.50 percent in 2021 and 2.70 percent in 2022, according to our econometric models.