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Bosnia&Herzegovina Economy Report Q1 2016

The country’s real GDP growth was 2.1%, totalling BAM 6.227 bln in Q1 2016, according to estimate data of the Bosnia and Herzegovina’s Agency of Statistics (BHAS).

The gross value added (GVA) generated by the national economy increased in value terms by 2.1% y/y in Q1 2016 and totalled BAM 5.113 bln. The industrial sector grew by 5.3% and its share in the GVA structure is 23.3%. The services sector recorded a 0.9% increase, slicing a 71.4% share in the GVA, compared to 72.3% in Q1 2015. The agricultural sector registered a rise of 8.4%, thus increasing its share in the GVA to 3.8%, from 3.5%. The construction sector went down by 2.3% and its GVA share fell to 5.1% from 5.3%.

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