Unemployment Rate in Bosnia and Herzegovina increased to 34.15 percent in April from 32.43 percent in March of 2020.

Unemployment Rate in Bosnia and Herzegovina averaged 41.20 percent from 2007 until 2020, reaching an all time high of 46.10 percent in February of 2013 and a record low of 32.43 percent in March of 2020. This page provides - Bosnia and Herzegovina Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Bosnia and Herzegovina Unemployment Rate - values, historical data and charts - was last updated on July of 2020.

Unemployment Rate in Bosnia and Herzegovina is expected to be 35.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Bosnia and Herzegovina to stand at 38.20 in 12 months time. In the long-term, the Bosnia and Herzegovina Unemployment Rate is projected to trend around 35.50 percent in 2021 and 31.00 percent in 2022, according to our econometric models.

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Bosnia and Herzegovina Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
34.15 32.43 46.10 32.43 2007 - 2020 percent Monthly
NSA

Bosnia and Herzegovina Labour Last Previous Highest Lowest Unit
Unemployment Rate 34.15 32.43 46.10 32.43 percent [+]
Unemployed Persons 419582.00 398504.00 557474.00 398504.00 [+]
Wages 1454.00 1466.00 1470.00 765.00 BAM/Month [+]
Wages in Manufacturing 1046.00 1070.00 1081.00 687.00 BAM/Month [+]
Population 3.48 3.50 4.52 3.21 Million [+]
Wage Growth 2.90 5.00 19.20 -1.80 percent [+]
Employed Persons 808894.00 830421.00 833909.00 648354.00 [+]


Bosnia and Herzegovina Unemployment Rate
In Bosnia and Herzegovina, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force.