Bosnia and Herzegovina recorded a Government Budget surplus equal to 2.30 percent of the country's Gross Domestic Product in 2018.

Government Budget in Bosnia and Herzegovina averaged -0.11 percent of GDP from 2004 until 2018, reaching an all time high of 2.70 percent of GDP in 2006 and a record low of -4.30 percent of GDP in 2009. This page provides - Bosnia and Herzegovina Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Bosnia and Herzegovina Government Budget - values, historical data and charts - was last updated on June of 2020.

Government Budget in Bosnia and Herzegovina is expected to reach -3.70 percent of GDP by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Bosnia and Herzegovina Government Budget is projected to trend around -4.80 percent of GDP in 2021 and -2.60 percent of GDP in 2022, according to our econometric models.

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Bosnia and Herzegovina Government Budget

Actual Previous Highest Lowest Dates Unit Frequency
2.30 2.60 2.70 -4.30 2004 - 2018 percent of GDP Yearly

Bosnia and Herzegovina Government Last Previous Highest Lowest Unit
Government Debt to GDP 24.80 26.00 56.04 16.60 percent [+]
Government Budget 2.30 2.60 2.70 -4.30 percent of GDP [+]
Government Budget Value 1797.00 1676.00 1797.00 -322.00 BAM Million [+]
Government Spending 6760237.00 6424967.00 6760237.00 3535079.00 BAM THO [+]
Government Revenues 14402.26 13479.30 14402.26 6020.95 BAM Million [+]
Fiscal Expenditure 12738.29 11913.44 12738.29 5680.44 BAM Million [+]
Military Expenditure 208.00 165.00 353.00 160.00 USD Million [+]
Credit Rating 27.00 [+]
Government Spending To GDP 40.80 40.50 46.00 38.00 percent [+]


Bosnia and Herzegovina Government Budget
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus.