Government Spending in Bosnia and Herzegovina increased to 6888611 BAM Thousand in 2020 from 6760237 BAM Thousand in 2019. source: Bosnia and Herzegovina Agency for Statistics (BHAS)

Government Spending in Bosnia and Herzegovina averaged 5631273.88 BAM Thousand from 2004 until 2020, reaching an all time high of 6888611 BAM Thousand in 2020 and a record low of 3535079 BAM Thousand in 2004. This page provides the latest reported value for - Bosnia And Herzegovina Government Spending - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Bosnia And Herzegovina Government Spending - values, historical data and charts - was last updated on May of 2021.

Government Spending in Bosnia and Herzegovina is expected to reach 6882419.53 BAM Thousand by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Bosnia And Herzegovina Government Spending is projected to trend around 7102474.00 BAM Thousand in 2022 and 7308446.00 BAM Thousand in 2023, according to our econometric models.

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Bosnia And Herzegovina Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
6888611.00 6760237.00 6888611.00 3535079.00 2004 - 2020 BAM Thousand Yearly
Previous Period Prices

Bosnia and Herzegovina Government Last Previous Highest Lowest Unit
Government Debt to GDP 23.00 24.50 56.04 16.60 percent [+]
Government Budget 2.60 2.20 2.70 -4.30 percent of GDP [+]
Government Budget Value 1813.00 1797.00 1813.00 -322.00 BAM Million [+]
Government Spending 6888611.00 6760237.00 6888611.00 3535079.00 BAM Thousand [+]
Government Revenues 15018.10 14389.59 15018.10 6020.95 BAM Million [+]
Fiscal Expenditure 13334.28 12738.29 13334.28 5680.44 BAM Million [+]
Military Expenditure 191.00 172.00 391.00 166.00 USD Million [+]
Credit Rating 27.00 [+]
Government Spending To GDP 40.70 40.80 46.10 38.00 percent [+]

Bosnia And Herzegovina Government Spending
Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth.