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Bosnia's GDP growth to accelerate to 3.2% in 2017 - World Bank

Bosnia's GDP growth to accelerate to 3.2% in 2017 - World Bank GDP, Creative Commons. Author:LendingMemo.com

SARAJEVO (Bosnia and Herzegovina), January 11 (SeeNews) – The World Bank said it expects Bosnia’s real economic growth to mildly accelerate to 3.2% this year, from 2.8% last year, before picking up speed to 3.7% in 2018.

Bosnia's 2016 GDP growth is expected to slow down to 2.8%, from 3.0% in 2015, the World Bank said in its January 2017 Global Economic Prospects Report posted on its website.

In June, the World Bank predicted Bosnia's GDP will grow by 2.6% in 2016, before reaching 3.1% in 2017 and 3.5% next year.

In 2019, the World Bank sees Bosnia's economy accelerating to 3.9%.

According to the bank, the Western Balkans region comprising Albania, Bosnia and Herzegovina, Kosovo, Macedonia, Montenegro, and Serbia, will see economic growth of 3.2% in 2017, 3.6% next year and 3.7% in 2019.

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