As per International Monetary Fund
(IMF) Bosnia Herzegovina’s nominal gross domestic product is expected to grow
at a CAGR of 3.01% from it’s 2015 level of Euro 3032.82 billion and reach Euro
3732.77 billion by 2022.
Bosnia has a transitional economy
with limited market reforms. The economy relies heavily on the export of
metals, energy, textiles, and furniture as well as on remittances and foreign
aid. A highly decentralized government hampers economic policy coordination and
reform, while excessive bureaucracy and a segmented market discourage foreign
investment.
Bosnia and Herzegovina had
estimated population of 3.854 million in the year 2016 and expected to reach
3.797 million by 2022. Bosnia and Herzegovina’s unemployment rate was 25.4% of
total labor force, which is further expected to decline at a CAGR of 2.32% till
2022.
Bosnia and Herzegovina’s real
gross domestic product (GDP) was around BAM 27.671 billions in 2016 whereas the
nominal GDP was BAM 29.345 billions. This resulted in GDP deflator 106.051. Per
capita GDP was estimated at USD 4308.17 whereas purchasing power parity (PPP)
based per capita GDP was estimated to be at USD 10957.54.
In 2016, Bosnia and Herzegovina
government’s revenue was BAM 12.577 billions whereas the expenditure was BAM
12.568 billions. This resulted Bosnia and Herzegovina government’s net lending
/ borrowing at BAM 0.009 billion in 2016.
The current account balance for
Bosnia and Herzegovina was estimated to be negative at USD 0.927 billions for
the year 2016 and is expected to decline at a CAGR of 0.43% and reach USD 0.953
by 2022. This negative current account balance indicates the Bosnia and Herzegovina
is a net borrower from the whole world.
Scope of the Bosnia Herzegovina PESTEL Analysis, SWOT Analysis and
Risk Analysis Market Research Reports
- These reports provide information about key macroeconomic indicators for Bosnia Herzegovina.
- These reports provide PESTELE (political, economic, social, technological, environmental and legal) analysis for Bosnia Herzegovina.
- These reports provide SWOT (strengths, weaknesses, opportunities and threats) analysis for Bosnia Herzegovina.
- These reports provide risk analysis for Bosnia Herzegovina.
For more information and to
purchase Bosnia Herzegovina PESTEL
Analysis Market Research Report please visit: https://www.marketresearchreports.com/market-research-reports-inc/bosnia-herzegovina-pestel-analysis-market-research-report
For more information and to
purchase Bosnia Herzegovina SWOT
Analysis Market Research Report please visit: https://www.marketresearchreports.com/market-research-reports-inc/bosnia-herzegovina-swot-analysis-market-research-report
For more information and to
purchase Bosnia Herzegovina Risk
Analysis Market Research Report please visit: https://www.marketresearchreports.com/market-research-reports-inc/bosnia-herzegovina-risk-analysis-market-research-report
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