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Economic Outlook

Western Balkan economies are seeing a rise in jobs, as regional growth is picking up and expected to reach 2.6 percent in 2017.

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Speech

Remarks by Regional Director Linda Van Gelder on the role of the Central Bank of Bosnia and Herzegovina over the last two decades.

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Economic Udate

Economic growth in Europe and Central Asia will reach 2.2% in 2017. Higher than previously forecast growth comes with challenges.

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Countries in the Western Balkans are seeing an increase in jobs, as growth is picking up throughout the region. Regional growth is expected to reach 2.6 percent in 2017, resulting in the creation of 230,000 jobs through June 2017. Bosnia and Herzegovina is estimated to grow 3.0 percent in 2017, before growing 3.2 percent in 2018 and 3.4 percent in 2019.

 

Economic growth, coupled with job creation, also contributed to a decline in the region’s poverty rate. At 23.6 percent, the projected rate for 2017 is a full percentage point lower than a year ago – this implies that about 124,000 people escaped poverty this year. 

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Experts

Linda Van Gelder

Country Director, Western Balkans

Emanuel Salinas

Country Manager for Bosnia and Herzegovina, and Montenegro

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Economic Update

Western Balkans Regular Economic Report

Countries in the Western Balkans are seeing an increase in jobs, as growth is picking up throughout the region.

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Engagement Strategy

Country Partnership Strategy

The latest strategy for working with the country outlines key development priorities for the period of 2016-2020.

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Regional Economy

The Western Balkans Labor Market

Countries in the region have created roughly 300,000 jobs since 2010. But more needs to be done to address high unemployment.

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Featured Project

Sarajevo Waste Water Project

This project is providing both social and environmental benefits to people across the city.

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Country Office Contacts

Sarajevo, +387 33 251-500
Fra Anđela Zvizdovića 1/B/17, 71000 Sarajevo, Bosnia and Herzegovina
mail_to_bosnia@worldbank.org