Industrial production in Bosnia and Herzegovina decreased 3.7 percent year-on-year in September of 2020, easing from a 6.7 percent drop in the previous month. It was the eighth consecutive month of falls but the softest since February. Output declined at a softer pace for manufacturing (-2.7 percent vs -4 percent in August), mining & quarrying (-4.1 percent vs -8.1 percent) and electricity, gas, steam & air conditioning supply (-7.3 percent vs -12.5 percent). On a seasonally adjusted monthly basis, industrial output rose 3.8 percent, rebounding from a 1.6 percent fall in August.
Industrial Production in Bosnia and Herzegovina averaged 1.60 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 October of 2020.
Industrial Production in Bosnia and Herzegovina is expected to be -12.00 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 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.