The current account deficit in Bosnia and Herzegovina narrowed slightly to BAM 314.4 million in the fourth quarter of 2019 from BAM 341.8 million in the corresponding period of 20019. The primary income surplus widened to BAM 53.9 million from BAM 16.3 million and the secondary income surplus rose to BAM 1,096.5 million from BAM 979.1 million. On the other hand, the goods and services gap advanced to BAM 1,464.8 million from BAM 1,337.1 million. Considering full 2019, the current account gap edged down to BAM 1,235.7 million from BAM 1,238.7 million in 2018.
Current Account in Bosnia and Herzegovina averaged -452.60 BAM Million from 2007 until 2019, reaching an all time high of -91.19 BAM Million in the third quarter of 2019 and a record low of -980.46 BAM Million in the third quarter of 2008. This page provides the latest reported value for - Bosnia and Herzegovina Current Account - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Bosnia and Herzegovina Current Account - data, historical chart, forecasts and calendar of releases - was last updated on June of 2020.
Current Account in Bosnia and Herzegovina is expected to be -290.00 BAM Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Bosnia and Herzegovina to stand at -460.00 in 12 months time. In the long-term, the Bosnia and Herzegovina Current Account is projected to trend around -470.00 BAM Million in 2021, according to our econometric models.