Industrial production in Bosnia and Herzegovina soared 15.1 percent year-on-year in March of 2021, accelerating from a downwardly revised 6.6 percent rise in the previous month. It was the highest annual growth in industrial activity since December 2008, as output advanced faster for manufacturing (20.2 percent vs 2.6 percent). Meantime mining & quarrying production fell at a softer pace (-0.3 percent vs -9 percent) while electricity, gas, steam & air conditioning supply eased (9.3 percent vs 23.9 percent). On a seasonally adjusted monthly basis, industrial production went up 1.6 percent, after a 3 percent gain in February. Considering the first three months of the year, industrial output advanced 7.3 percent. source: Bosnia and Herzegovina Agency for Statistics (BHAS)
Industrial Production in Bosnia and Herzegovina averaged 1.70 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 May of 2021.
Industrial Production in Bosnia and Herzegovina is expected to be 12.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Bosnia and Herzegovina to stand at 1.60 in 12 months time. 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.