Bosnia and Herzegovina's GDP contracted 0.1 percent on quarter in the three months to December 2019, after a 0.8 percent expansion in each of the previous two quarters. It was the first decline in GDP since Q2 2014. Year-on-year, the economy advanced 1.6 percent, slowing from a 3.1 percent expansion in Q3.
GDP Growth Rate in Bosnia and Herzegovina averaged 0.38 percent from 2009 until 2019, reaching an all time high of 6 percent in the fourth quarter of 2010 and a record low of -3.80 percent in the fourth quarter of 2009. This page provides the latest reported value for - Bosnia And Herzegovina GDP 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 Growth Rate - values, historical data and charts - was last updated on May of 2020. source: Bosnia and Herzegovina Agency for Statistics (BHAS)
GDP Growth Rate in Bosnia and Herzegovina is expected to be -0.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate GDP Growth Rate in Bosnia and Herzegovina to stand at 0.70 in 12 months time. In the long-term, the Bosnia And Herzegovina GDP Growth Rate is projected to trend around 0.60 percent in 2021 and 0.90 percent in 2022, according to our econometric models.