After accelerating to 7.5 percent in 2021, Bosnia and Herzegovina's real GDP growth is expected to slow to 4.0 percent in 2022. Inflation, meanwhile, surged to 16.7 percent in July 2022 (y-o-y) driven by food and energy prices, creating risks for poverty reduction. Annual inflation is expected to reach 11 percent in 2022 compared to 2 percent in 2021.
The Real Estate Registration Project is working with land registry and cadastre offices around the country to develop a sustainable real estate registration system. The project is expected to help 1.68 million people across nearly 500 cadastral municipalities.