Industrial production in Bosnia and Herzegovina fell 1.9 percent year-on-year in November of 2020, following a 1.2 percent decrease in the previous month. Output fell for electricity, gas, steam & air conditioning supply (-0.3 percent vs 1.8 percent in October) and mining & quarrying (-8.3 percent vs 1.4 percent). Meantime, manufacturing production declined at a softer pace (-1.7 percent vs -1.8 percent). On a seasonally adjusted monthly basis, industrial production rose 1.7 percent, accelerating from a 0.1 percent gain in October. source: Bosnia and Herzegovina Agency for Statistics (BHAS)
Industrial Production in Bosnia and Herzegovina averaged 1.56 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 January of 2021.
Industrial Production in Bosnia and Herzegovina is expected to be -1.80 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.