wiiw Forecast Reports

CROATIA: Low absorption of EU funds holding back growth


Hermine Vidovic

in: Strong Growth Amid Increased Negative Risks
wiiw Forecast Report No. Autumn 2018, November 2018 , pp. 76-79

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Croatia’s economy will continue its path of moderate growth, with annual GDP growth of slightly below 3% in the period 2018-2020; increasing the absorption of EU funds will be an important precondition for achieving this growth rate. Demographic changes, coupled with continued emigration of young and educated people and rising labour shortages in crucial sectors, will become a major challenge in the future.


Reference to wiiw databases: wiiw Annual Database, wiiw Monthly Database

Countries covered: Croatia