Inflation Bosnia and Herzegovina 2024
Average inflation: 1.7%
Current Inflation
Inflation is low at 1.7%, below the ECB target of 2%.
Peak and Trough
The highest inflation was in December at 2.2%. The lowest inflation was in September at 0.8%.
- Highest month
- December: 2.2%
- Lowest month
- September: 0.8%
- Difference
- 1.4 percentage points
- Months with data
- 12 of 12
Category Insights
The highest price increase was in Food with an average of 2.2%. The lowest price increase was in Energy with an average of 0.1%.
- Highest increase
- Food: 2.2%
- Lowest increase
- Energy: 0.1%
Historical Context
Current inflation is 2.9% lower than the 5-year average of 4.6%.
- 5-year average
- 4.6%
- 10-year average
- 2.3%
- All-time high (2022)
- 14%
- All-time low (2016)
- -1.6%
Trend
Inflation shows a downward trend. Compared to 2023, inflation has fallen by +4.6 percentage point.
- Change vs. previous year
- -4.6 percentage points
- Largest monthly swing
- January: -12.1 percentage points
ECB Target
Inflation is 0.3% below the ECB target of 2.0%. Too low inflation may indicate economic weakness.
Purchasing Power
At this inflation rate, purchasing power gradually decreases. The impact on daily expenses is relatively limited.
What you could buy for €100 this year will cost approximately €101.70 next year at this inflation rate.
Multi-year trend
Monthly figures 2024
Inflation by category
Inflation differs per product group. Click on a category for the historical trend.
Month overview
| Month | Inflation | Difference vs. 2023 |
|---|---|---|
| January | 2.0% | -12.1 |
| February | 2.1% | -10.8 |
| March | 2.0% | -8.3 |
| April | 2.0% | -5.9 |
| May | 2.0% | -4.5 |
| June | 1.6% | -3.3 |
| July | 1.8% | -2.2 |
| August | 1.3% | -3.4 |
| September | 0.8% | -3.3 |
| October | 0.9% | -1.2 |
| November | 1.5% | -0.2 |
| December | 2.2% | 0.0 |
| Average | 1.7% |
Data source
Data from WorldBank. Last updated: 06/01/2026.