Last Year’s GDP increased by 4.6 % in comparison to 2016?

June 4, 2018 12:00 PM

Nominal gross domestic product (GDP) in BiH amounted to a total of 32,283,000,000 BAM last year, which represents an increase of 4.6 % in comparison to the year of 2016, as noted in the annual report of the Central Bank that was on the agenda of the next session of the House of Peoples of the Parliamentary Assembly of BiH.

The projected rate of real growth of GDP for the previous year is 2.7 %, according to the official projection of the International Monetary Fund.

The increase of real GDP in the first three quarters of the year of 2017 was estimated at 3 %, according to the Agency for Statistics of BiH.

Average expenditures for gross investment are 18.6 % of GDP and they mostly refer to investments in new constant assets.

Export in the aforementioned period in the structure of GDP amounts to 32.3 %, while import amounts to 51.6 %.

A more positive structure of GDP was recorded in previous years as a result of increased gross investment and exports that amounted to 20.8 % and 37 % at the end of the third quarter.

(Source: biznisinfo.ba)

 

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