Inflation, consumer prices in Bosnia and Herzegovina
Bosnia and Herzegovina: Inflation, consumer prices was 6.1% in 2023. ◆ Volatile
Inflation, consumer prices in Bosnia and Herzegovina, 2006–2023
Source: International Financial Statistics database, International Monetary Fund (IMF). Measured in annual %.
Analysis
The most recent figure for inflation, consumer prices in Bosnia and Herzegovina is 6.1%, measured in 2023.
The figure is down 56.5% on the previous year and up 6,662.3% over ten years.
Over the whole period, inflation, consumer prices in Bosnia and Herzegovina peaked at 14.0% in 2022 and was at its lowest, -1.6%, in 2016.
That places Bosnia and Herzegovina 40th out of 192 countries with data for 2023, putting it in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Inflation, consumer prices in Bosnia and Herzegovina, year by year
| Year | annual % | Change |
|---|---|---|
| 2006 | 6.1% | — |
| 2007 | 1.5% | -75.5% |
| 2008 | 7.4% | +394.9% |
| 2009 | -0.4% | -105.1% |
| 2010 | 2.0% | -623.3% |
| 2011 | 3.7% | +83.9% |
| 2012 | 2.1% | -44.1% |
| 2013 | -0.1% | -104.5% |
| 2014 | -0.9% | +864.3% |
| 2015 | -1.0% | +15.5% |
| 2016 | -1.6% | +52.9% |
| 2017 | 0.8% | -151.1% |
| 2018 | 1.4% | +74.9% |
| 2019 | 0.6% | -60.3% |
| 2020 | -1.1% | -286.8% |
| 2021 | 2.0% | -288.5% |
| 2022 | 14.0% | +607.5% |
| 2023 | 6.1% | -56.5% |
Bosnia and Herzegovina compared with similar countries
- Bosnia and Herzegovina's 6.1% is above the median for upper middle income countries, which is 3.3%, 1.8× the median. (55 countries reporting)
- Bosnia and Herzegovina's 6.1% is above the median for Europe & Central Asia, which is 3.8%, 1.6× the median. (49 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 2000s | 3.7% | -0.4% | 7.4% | 4 |
| 2010s | 0.7% | -1.6% | 3.7% | 10 |
| 2020s | 5.3% | -1.1% | 14.0% | 4 |
Countries ranked near Bosnia and Herzegovina
- 37 Sierra Leone 7.5% compare
- 38 Romania 7.2% compare
- 39 Belarus 6.6% compare
- 41 Tajikistan 6.0% compare
- 42 Rwanda 5.9% compare
- 43 Azerbaijan 5.6% compare
More economy & growth data for Bosnia and Herzegovina
- Africa's Development Dynamics (AfDD) Table 04 - Annual real GDP 3.47 Percent per annum (2029)
- Africa's Development Dynamics (AfDD) Table 02 - Annual real GDP 3 Percent per annum (2029)
- Foreign direct investment, net outflows (BoP, current US$), gaps 190.64 million BoP, current US$ (2025)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.0058 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net outflows (BoP, current US$), per capita 60.71 BoP, current US$ per person (2025)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 716.58 million BoP, current US$ (2025)
- Foreign direct investment, net inflows (BoP, current US$), annual -28.63 % change on previous year (2025)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.022 BoP, current US$ per US$ of GDP (2025)
- Foreign direct investment, net inflows (BoP, current US$), per capita 228.2 BoP, current US$ per person (2025)
- Total reserves (includes gold, current US$), annual growth rate 2.32 % change on previous year (2024)
Frequently asked questions
- What is inflation, consumer prices in Bosnia and Herzegovina?
- Inflation, consumer prices in Bosnia and Herzegovina was 6.1% in 2023, according to International Financial Statistics database, International Monetary Fund (IMF).
- What is the highest inflation, consumer prices recorded in Bosnia and Herzegovina?
- The highest recorded value was 14.0% in 2022.
- What is the lowest inflation, consumer prices recorded in Bosnia and Herzegovina?
- The lowest recorded value was -1.6% in 2016.
- How does Bosnia and Herzegovina rank for inflation, consumer prices?
- Bosnia and Herzegovina ranks 40th out of 192 countries with data for 2023.
- Is inflation, consumer prices rising or falling in Bosnia and Herzegovina?
- Over the last ten years it is up 6,662.3%. The long-run trend across the full record is volatile.
- Where does this Bosnia and Herzegovina data come from?
- The figures come from International Financial Statistics database, International Monetary Fund (IMF), published as part of Inflation, consumer prices (annual %). Statizoid updates them automatically from the source API.
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About this data
Inflation as measured by the consumer price index reflects the annual percentage change in the cost to the average consumer of acquiring a basket of goods and services that may be fixed or changed at specified intervals, such as yearly.