Industrial production in Bosnia and Herzegovina jumped 2.8 percent year-on-year in December of 2020, the first gain in 11 months. Output surged for manufacturing (6 percent vs -1.7 percent in November) and mining & quarrying (0.8 percent vs -8.3 percent). Meantime, electricity, gas, steam, and air conditioning supply fell (-6.6 percent vs -0.3 percent). On a seasonally adjusted monthly basis, industrial production rose 1.7 percent, the same pace as in November. Considering full 2020, industrial production went down 6.2 percent. source: Bosnia and Herzegovina Agency for Statistics (BHAS)
Industrial Production in Bosnia and Herzegovina averaged 1.57 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 March of 2021.
Industrial Production in Bosnia and Herzegovina is expected to be -2.00 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 4.50 in 12 months time. In the long-term, the Bosnia and Herzegovina Industrial Production is projected to trend around 4.50 percent in 2022 and 2.70 percent in 2023, according to our econometric models.