wiiw Forecast Reports
CROATIA: Economy back on a more stable growth path
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in: Labour Shortages Driving Economic Growth?
wiiw Forecast Report No. Autumn 2016, November 2016 , pp. 58-61
CROATIA
Croatia’s economy continues on its path of recovery, with GDP up by an estimated 2.5% in 2016. Growth is backed by a rise in domestic demand, both household consumption and investments. Investments fuelled by EU-funding and continued private consumption recovery should help to stimulate more robust GDP growth over the biennium 2017-2018. Fiscal consolidation coupled with high public debt will remain the main challenges to sustainable growth.
Reference to wiiw databases: wiiw Annual Database, wiiw Monthly Database
Countries covered: Croatia