Bosnia and Herzegovina recorded a Current Account deficit of 3.10 percent of the country's Gross Domestic Product in 2020. source: Central Bank of Bosnia and Herzegovina

Current Account to GDP in Bosnia and Herzegovina averaged -7.68 percent of GDP from 2004 until 2020, reaching an all time high of -3.10 percent of GDP in 2019 and a record low of -16.60 percent of GDP in 2005. This page provides - Bosnia and Herzegovina Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Bosnia and Herzegovina Current Account to GDP - values, historical data and charts - was last updated on December of 2021.

Current Account to GDP in Bosnia and Herzegovina is expected to reach -5.50 percent of GDP by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Bosnia and Herzegovina Current Account to GDP is projected to trend around -4.50 percent of GDP in 2022 and -4.20 percent of GDP in 2023, according to our econometric models.

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Bosnia and Herzegovina Current Account to GDP


Related Last Previous Unit Reference
Balance of Trade -630037.45 -720820.93 BAM Thousand Oct/21
Current Account -408.22 -182.94 BAM Million Jun/21
Current Account to GDP -3.10 -3.10 percent of GDP Dec/20
Imports 1862970.05 1965237.43 BAM Thousand Oct/21
Exports 1232932.60 1244416.50 BAM Thousand Oct/21
External Debt 9059255.95 9647965.23 BAM Thousand Sep/21
Capital Flows -186.54 -159.15 BAM Million Jun/21
Foreign Direct Investment 678.20 635.60 BAM Million Dec/20
Bosnia and Herzegovina Current Account to GDP
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes.