Macroeconomic indicators in Bosnia and Herzegovina Kemal Kozarić, Ph.D. Governor of the Central Bank of Bosnia and Herzegovina Governor’s Club presentation.

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Presentation transcript:

Macroeconomic indicators in Bosnia and Herzegovina Kemal Kozarić, Ph.D. Governor of the Central Bank of Bosnia and Herzegovina Governor’s Club presentation – Istanbul, Turkey

Real GDP Growth Rates

Industrial production -4.0% -2.0% 0.0% 2.0% 4.0% 6.0% 8.0% 10.0% 12.0% 14.0% BH

Export, Import and Trade Deficit (in KM billion) ExportImportTrade deficit

Inflation -1.0% 0.0% 1.0% 2.0% 3.0% 4.0% 5.0% 6.0% 7.0% 8.0% current/previous year influence of oil and food pricesinfluence of VAT

Unemployment rate

FX Reserves KM Millions FX Reserves

What are the perspectives of Bosnia and Herzegovina economy in the future Resources: Bosnia and Herzegovina has considerable potential when it comes to the energy sector - only 39% of water resources used; Production of healthy food; Significant tourist potential; Wood industry to a greater degree of processing; Metal industry with a change of focus from export of raw materials to production and export of semi and finished products; Support to SMEs; Continued privatization (a significant proportion of state ownership in the telecommunications sector, energy sector and public enterprises). 8

THANK YOU! 9

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