wiiw Forecast Reports
CROATIA: Aiming at euro accession
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in: Braced for Fallout from Global Slowdown
wiiw Forecast Report No. Autumn 2019, November 2019 , pp. 56-59
The economy will grow by 2.9% in 2019, an improvement the last year, mainly due to the strengthening of domestic demand (both consumption and investment). Assuming a deterioration of the external environment, domestic demand should remain the main driver of growth in 2020-21. The goal of adopting the euro will be an incentive to continue fiscal consolidation.
Reference to wiiw databases: wiiw Annual Database, wiiw Monthly Database
Countries covered: Croatia