Markets Actual Q2 Q3 Q4 Q1 2021
Stock Market (points) 725.90 707 689 672 654 620
Currency 1.73 1.74 1.75 1.75 1.76 1.78

Overview Actual Q2 Q3 Q4 Q1 2021
GDP Growth Rate (%) -0.10 -0.9 -3.5 1 0.7 0.6
GDP Annual Growth Rate (%) 1.60 -4.1 -3.5 -2.7 -0.5 1.5
Unemployment Rate (%) 32.43 35 36.4 37.5 38.2 35.5
Inflation Rate (%) -1.20 1.6 1.6 1.5 1.5 1.4
Interest Rate (%) 3.12 2.8 2.5 2 2 2.5
Balance of Trade (BAM Thousand) -439820.96 -629317 -629302 -629305 -629293 -629291
Current Account (BAM Million ) -314.39 -290 -320 -460 -460 -470
Current Account to GDP (%) -4.20 -4 -4 -4 -3.8 -3.8
Government Debt to GDP (%) 24.80 26 26 26 29 29
Government Budget (% of GDP) 2.30 -3.7 -3.7 -3.7 -4.8 -4.8
Corporate Tax Rate (%) 10.00 10 10 10 10 10
Personal Income Tax Rate (%) 10.00 10 10 10 10 10

GDP Actual Q2 Q3 Q4 Q1 2021
GDP Growth Rate (%) -0.10 -0.9 -3.5 1 0.7 0.6
GDP Annual Growth Rate (%) 1.60 -4.1 -3.5 -2.7 -0.5 1.5
GDP (USD Billion) 20.00 21.5 21.5 21.5 22.3 22.3
GDP Constant Prices (BAM Thousand) 8244256.00 7884606 8371970 8291189 8478657 8415557
Gross Fixed Capital Formation (BAM THO) 6173830.00 5920703 5957746 6007137 6142961 6097244
GDP per capita (USD) 6056.20 6450 6450 6450 6700 6700
GDP per capita PPP (USD) 12756.00 12507 13200 13200 12507 12670
GDP From Agriculture (BAM Thousand) 488409.00 408447 643180 636973 651376 646528
GDP From Construction (BAM Thousand) 317295.00 302813 306699 303739 310607 308296
GDP From Manufacturing (BAM Thousand) 993213.00 956313 953325 944126 965473 958288

Labour Actual Q2 Q3 Q4 Q1 2021
Unemployment Rate (%) 32.43 35 36.4 37.5 38.2 35.5
Wages (BAM/Month) 1466.00 1360 1360 1380 1380 1380
Wages in Manufacturing (BAM/Month) 1070.00 990 990 1015 1015 1015
Population (Million) 3.48 3.47 3.47 3.5 3.46 3.5

Prices Actual Q2 Q3 Q4 Q1 2021
Inflation Rate (%) -1.20 1.6 1.6 1.5 1.5 1.4
Consumer Price Index CPI (points) 100.20 103 102 103 103 104
Inflation Rate Mom (%) -0.10 0.1 0.4 -0.1 -0.1 0.1
Producer Prices Change (%) -0.40 2.5 2.4 2.3 2.3 2.3
Food Inflation (%) 1.00 1.4 1.4 1.8 1.8 1.8
Cpi Housing Utilities (points) 103.80 105 105 106 106 106
CPI Transportation (points) 96.70 111 111 110 108 112

Money Actual Q2 Q3 Q4 Q1 2021
Interest Rate (%) 3.12 2.8 2.5 2 2 2.5
Deposit Interest Rate (%) 0.98 2.66 0.78 2.66 2.66 2.66

Trade Actual Q2 Q3 Q4 Q1 2021
Balance of Trade (BAM Thousand) -439820.96 -629317 -629302 -629305 -629293 -629291
Current Account (BAM Million ) -314.39 -290 -320 -460 -460 -470
Current Account to GDP (%) -4.20 -4 -4 -4 -3.8 -3.8

Government Actual Q2 Q3 Q4 Q1 2021
Government Debt to GDP (%) 24.80 26 26 26 29 29
Government Budget (% of GDP) 2.30 -3.7 -3.7 -3.7 -4.8 -4.8
Government Budget Value (BAM Million) 1797.00 2195 2195 2195 2195 2439
Government Spending (BAM THO) 6760237.00 6161543 6200093 6251493 6392842 6345265
Government Spending To GDP (%) 40.80 38 38 38 38 37.6

Taxes Actual Q2 Q3 Q4 Q1 2021
Corporate Tax Rate (%) 10.00 10 10 10 10 10
Personal Income Tax Rate (%) 10.00 10 10 10 10 10
Sales Tax Rate (%) 17.00 17 17 17 17 17
Social Security Rate (%) 41.50 41.5 41.5 41.5 41.5 41.5
Social Security Rate For Companies (%) 10.50 10.5 10.5 10.5 10.5 10.5
Social Security Rate For Employees (%) 31.00 31 31 31 31 31

Business Actual Q2 Q3 Q4 Q1 2021
Industrial Production (%) -15.90 -7.5 -9.2 -12 -2 4.5

Consumer Actual Q2 Q3 Q4 Q1 2021
Retail Sales YoY (%) -34.50 -2 1 1.5 3.8 5.8
Consumer Spending (BAM THO) 26038391.00 23787906 23936735 24135175 24680882 24497202
Gasoline Prices (USD/Liter) 0.92 1.2 1.14 1.08 1.03 0.97
Consumer Credit (BAM Million) 9902.00 9464 9685 9670 9889 9815


This page has economic forecasts for Bosnia and Herzegovina including a long-term outlook for the next decades, plus medium-term expectations for the next four quarters and short-term market predictions for the next release affecting the Bosnia and Herzegovina economy.