Annual review of labour relations and social dialogue
Publisher: Friedrich Ebert Stiftung BiH
Volume: 18 pages, pdf
Description:
In 2016 the economy of Bosnia and Herzegovina continued to grow, but modestly. By the third quarter of 2016 the economic growth was 2.7 per cent, which is still below the 3 per cent recorded from 2015. The projected economic growth for 2017 is 2.8 per cent and its growth is expected to reach 3.7 per cent by 2018. In the third quarter of 2016 real GDP growth amounted to 2.4 per cent. This was an increase of 1.0 per cent compared to the same quarter of the previous year. Total GDP was 21.961 million BAM or €11,211,474 in the third quarter of 2016. Observed by activities, real growth of the gross value added was recorded in: 1) administrative activities at 12.1 per cent; 2) electricity, gas, steam and air conditioning supply at 11.1 per cent; and 3) agriculture at 9.5 per cent.