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Bosnia's Serb Republic GDP edges down real 0.1% y/y in Q3

Dec 29, 2014, 3:16:47 PMArticle by Valentina Dimitrievska
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December 29 (SeeNews) - The gross domestic product (GDP) of Bosnia’s Serb Republic edged down by a real 0.1% year-on-year in the third quarter of 2014, preliminary data from the entity's statistics office indicated on Monday.

Bosnia's Serb Republic GDP edges down real 0.1% y/y in Q3

In the third quarter, the Serb Republic's GDP fell to 2.28 billion marka ($1.4 billion/1.1 billion euro) at current prices from 2.26 billion marka a year earlier, the statistics office said in a statement.

In 2013, the Serb Republic's economy expanded by a real 1.9% after shrinking 1.1% a year earlier.

The Serb Republic is one of the two autonomous entities that form Bosnia and Herzegovina. The other one is the Muslim-Croat Federation.

(1 euro=1.95583 Bosnian marka)

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