BiH’s economy contracted by a real 6.3% year on year in the third quarter of 2020, down from a 9.3% year-on-year drop in the second quarter, BiH’s statistics office reported Wednesday.
Bosnia’s economy was seriously hit by the coronavirus pandemic and is expected to contract by between 3% and 5% in 2020. It should partially recover in 2021 and return to its pre-crisis levels in 2022.
