Inflation rates by country and year

-1.6%2.3%6.2%10.1%14%
-1.6%2.3%6.2%10.1%14%
20066.1%
2014-0.9%
20236.1%
Source: World Bank

Data: World Bank, annual %. For information only — not financial advice.

Year2023Inflation Rate6.1%

Behind the curve

Turning points in Bosnia and Herzegovina

  1. 2008↑ Upward pressure

    The world food price crisis — Wikipedia (opens in a new tab)

    CBBH recorded average CPI inflation of 7.4% in 2008, after world food and oil prices pushed Bosnia and Herzegovina's monthly inflation to 9.9% in July before both pressures eased late in the year.

    CBBH · Macroeconomic indicators of Bosnia and Herzegovina for 2008
  2. 2020↓ Downward pressure

    The pandemic recession — Wikipedia (opens in a new tab)

    Pandemic restrictions caused a sharp domestic contraction in 2020; CBBH's subsequent data recorded 1.6% average deflation that year, before food, energy and transport prices drove inflation back up in 2021.

    CBBH · A stronger recovery projected as early as for the end of 2022 CBBH · Standard & Poor's: BH credit rating remains the same
  3. 2022↑ Upward pressure

    The post-pandemic inflation surge — Wikipedia (opens in a new tab)

    CBBH estimated 14% average inflation in 2022 as food, oil and gas prices rose internationally. Bosnia and Herzegovina's food prices were up 19.3% in the first seven months, notably faster than the EU comparison in the same CBBH analysis.

    CBBH · Nowcasts of GDP and inflation, September 2022

These are selected historical influences, not a complete account of inflation. An upward-pressure event can coincide with a peak when its inflationary effect has already occurred or when other forces begin pushing inflation lower. The markers show the years in which events occurred, although their effects may extend into later years.

What is the inflation in Bosnia and Herzegovina?

The annual inflation rate in Bosnia and Herzegovina was 6.1% in 2023, the most recent year in the World Bank dataset. That means prices rose 6.1% on average compared with the year before. Use the chart above to explore Bosnia and Herzegovina's full inflation history from 2006 to 2023, and to compare it with any other country.

How inflation in Bosnia and Herzegovina has changed

Inflation in Bosnia and Herzegovina peaked at 14.0% in 2022 and reached its lowest point at -1.6% in 2016. Averaged across the 18 years of available data (2006–2023), the rate has been 2.4% per year.

Frequently asked questions about inflation in Bosnia and Herzegovina

What is the current inflation rate in Bosnia and Herzegovina?

The latest available annual figure is 6.1% in 2023, from the World Bank. Because the figures are reported annually, they may not reflect the most recent monthly reading published by Bosnia and Herzegovina's statistical office.

What was the highest inflation rate in Bosnia and Herzegovina?

The highest annual inflation rate on record is 14.0%, reached in 2022.

What was the lowest inflation rate in Bosnia and Herzegovina?

The lowest annual inflation rate on record is -1.6%, recorded in 2016.

Where does the inflation data for Bosnia and Herzegovina come from?

All figures come from the World Bank's World Development Indicators (indicator FP.CPI.TOTL.ZG), which report annual consumer price inflation for more than 200 countries and territories from 1960 onward.