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Bosnia's Serb Republic GDP grows 2.1% y/y in Q3

Nov 30, 2023, 5:35:17 PMArticle by Annie Tsoneva
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November 30 (SeeNews) - The gross domestic product (GDP) of Bosnia's Serb Republic rose by 2.1% year-on-year in real terms in the third quarter of this year, following a revised annual growth of 1.1% in the second quarter and an increase of 3.4% in the third quarter of 2022, the entity's statistical office said on Thursday.

Bosnia's Serb Republic GDP grows 2.1% y/y in Q3
Visegrad in Bosnia's Serb Republic. Photo by Hidroelektrane na Drini.

In seasonally-adjusted terms, GDP increased by 0.7% on a quarterly comparison basis in July-September, after it rose 0.6% in the second quarter of this year and dipped 0.1% in the third quarter of 2022, the Serb Republic's statistical office said in a statement.

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

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