Industrial production in Bosnia and Herzegovina advanced 18.0 percent from last year in June of 2021, following a 15.2 percent rise in the prior month. Industrial production rebounded for mining & quarrying (8.4 percent vs -5.1 percent in May), as production surged for mining of metal ores (59.3 percent vs -4.2 percent) and rose for electricity, gas, steam & air conditioning supply (21.4 percent vs 19.4 percent). Output was also higher in manufacturing (17.6 percent vs 16.9 percent), mainly due to rise in manufacture of tobacco products (127.0 percent vs -39.3 percent); manufacture of food products (11.3 percent vs -4.4 percent); and manufacture of textiles (58.6 percent vs -4.6 percent). On a seasonally adjusted monthly basis, industrial production went up 3.7 percent, after a 3.7 percent decline in May. source: Bosnia and Herzegovina Agency for Statistics (BHAS)
Industrial Production in Bosnia and Herzegovina averaged 2 percent from 2007 until 2021, reaching an all time high of 30.80 percent in December of 2008 and a record low of -18.80 percent in December of 2009. This page provides - Bosnia and Herzegovina Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. Bosnia and Herzegovina Industrial Production - data, historical chart, forecasts and calendar of releases - was last updated on July of 2021.
Industrial Production in Bosnia and Herzegovina is expected to be 7.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Bosnia and Herzegovina Industrial Production is projected to trend around 1.80 percent in 2022 and 2.70 percent in 2023, according to our econometric models.