Unemployment Rate in Bosnia-Herz.
Year-on-year GDP growth slowed to 1.7% in the fourth quarter, down from 2.6% in Q3. The deceleration was driven by expansions in the construction and service sectors, while manufacturing and agriculture contracted. Looking at Q1 2023, high-frequency indicators suggest a further deceleration. Industrial production contracted at a sharper pace in the quarter relative to Q4, while growth in both merchandise exports and retail sales slowed. More positively, the number of overnight tourist stays increased by 15.4% in January–February from the year-earlier period. In other news, the Federation of Bosnia and Herzegovina formed a new government on April 28, after several months of political gridlock. This is expected to bring more stability, but significant near-term economic benefits are not anticipated.
Bosnia-Herz. Unemployment Rate Chart
This chart displays Unemployment Rate for Bosnia-Herz. from 2017 to 2016.
Bosnia-Herz. Unemployment Rate Data
| 2017 | 2018 | 2019 | 2020 | 2021 | |
|---|---|---|---|---|---|
| Unemployment (% of active population, aop) | 38.4 | 36.0 | 33.1 | 33.8 | 32.4 |