Inflation Bosnia and Herzegovina 2022

Average inflation: 14.0%

Current Inflation

Inflation is very high at 14.0%, far above the ECB target.

Peak and Trough

The highest inflation was in October at 17.4%. The lowest inflation was in January at 7.0%.

Highest month
October: 17.4%
Lowest month
January: 7.0%
Difference
10.4 percentage points
Months with data
12 of 12

Category Insights

The highest price increase was in Food with an average of 21.4%. The lowest price increase was in Energy with an average of 14.0%.

Highest increase
Food: 21.4%
Lowest increase
Energy: 14.0%

Historical Context

Current inflation is 10.6% higher than the 5-year average of 3.4%. This approaches the highest level since records began (14.0% in 2022).

5-year average
3.4%
10-year average
1.4%
All-time high (2022)
14%
All-time low (2016)
-1.6%

Trend

Inflation shows an upward trend. Compared to 2021, inflation has risen by +12.0 percentage point.

Change vs. previous year
+12.0 percentage points
Largest monthly swing
July: +14.8 percentage points

ECB Target

Inflation is 12.0% above the ECB target of 2.0%. This means purchasing power is declining faster than intended.

Purchasing Power

At this high inflation rate, purchasing power rapidly decreases. This has a major impact on households, especially without adequate salary increases.

What you could buy for €100 this year will cost approximately €114.00 next year at this inflation rate.

Multi-year trend

Monthly figures 2022

Inflation by category

Food
21.4%
+7.4vs avg.
More details →
Energy
14.0%
+0.0vs avg.
More details →

Inflation differs per product group. Click on a category for the historical trend.

Month overview

Month Inflation Difference vs. 2021
January 7.0% +8.7
February 8.1% +9.4
March 10.2% +10.7
April 13.2% +12.3
May 14.4% +12.7
June 15.8% +14.1
July 16.7% +14.8
August 16.7% +14.4
September 17.3% +14.3
October 17.4% +13.1
November 16.3% +10.9
December 14.7% +8.4
Average 14.0%

Data source

Data from WorldBank. Last updated: 06/01/2026.

See also