Macroeconomic indicators Macroeconomic indicators in Bosnia and Herzegovinain Bosnia and Herzegovina

Kemal Kozarić, Ph.D.Governor of the Central Bank of Bosnia and Herzegovina

Governor’s Club presentation – Istanbul, Turkey

Real GDP Growth RatesReal GDP Growth Rates

-4.0%

-2.0%

0.0%

2.0%

4.0%

6.0%

8.0%

2006 2007 2008 2009 2010

Industrial productionIndustrial production

-4.0%

-2.0%

0.0%

2.0%

4.0%

6.0%

8.0%

10.0%

12.0%

14.0%

2006 2007 2008 2009 2010

BH

Export, Import and Trade DeficitExport, Import and Trade Deficit(in KM billion)

-16.0-14.0-12.0-10.0-8.0-6.0-4.0-2.00.02.04.06.08.0

2006 2007 2008 2009 2010

Export Import Trade deficit

InflationInflation

-1.0%0.0%1.0%2.0%3.0%4.0%5.0%6.0%7.0%8.0%

2006 2007 2008 2009 2010

current/previous year

influence of oil and food pricesinfluence of VAT

Unemployment rate Unemployment rate

20.0%

22.0%

24.0%

26.0%

28.0%

30.0%

32.0%2006 2007 2008 2009 2010

Hund

reds

Unemployment rate according to LFS (labour force survey)

Unemployment rate

FX ReservesFX Reserves

4.225

5.452

6.6996.296 6.212

6.458

0

1.000

2.000

3.000

4.000

5.000

6.000

7.000

8.000

2005 2006 2007 2008 2009 2010

KM

Mill

ions

FX Reserves

What are the perspectives of Bosnia and What are the perspectives of Bosnia and Herzegovina economy in the futureHerzegovina economy in the future Resources:

Bosnia and Herzegovina has considerable potential when it comes to the energy sector - only 39% of water resources used;

Production of healthy food; Significant tourist potential; Wood industry to a greater degree of processing; Metal industry with a change of focus from export of raw

materials to production and export of semi and finished products; Support to SMEs; Continued privatization (a significant proportion of state

ownership in the telecommunications sector, energy sector and public enterprises). 8

THANK YOU!

http://www.cbbh.ba

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