The Central Bank of Bosnia and Herzegovina published an update reporting that S&P Global Ratings confirmed the country’s B+ credit rating with a stable outlook. S&P lowered its economic growth forecast to just over 2%, citing higher energy and transport costs and weaker demand in key European Union export markets, while stable domestic consumption continues to support activity. Pre-election spending on pensions and public-sector wages is expected to push budget deficits across government levels above 3% of gross domestic product in 2026. Public debt could rise without further fiscal consolidation but remains moderate by international standards. S&P forecasts a current account deficit of 3.8% of GDP and highlighted risks from industrial weakness and the EU Carbon Border Adjustment Mechanism, while identifying the central bank’s euro-linked currency board as a key policy anchor. Delayed reforms are also holding back disbursements under the Growth Plan for the Western Balkans.
Central Bank of Bosnia and Herzegovina2026-08-04
Central Bank of Bosnia and Herzegovina reports S&P confirmation of B+ sovereign rating with stable outlook
The Central Bank of Bosnia and Herzegovina reported that S&P confirmed the country’s B+ credit rating with a stable outlook. S&P expects growth of just over 2%, budget deficits above 3% of GDP and a current account deficit of 3.8% in 2026, while viewing the euro-linked currency board as a key policy anchor.