wiiw Forecast Reports
CROATIA: Mild recovery
publication_icon
in: Mixed Prospects: Consumption Leads Fragile Recovery in the CESEE Core – CIS Stumbles
wiiw Forecast Report No. Autumn 2015, November 2015 , pp. 69-72
CROATIA
After six years of contraction, Croatia’s economy has returned to a growth pattern. The turnaround has been backed by rising external demand and a mild recovery in household consumption and investments. GDP growth is expected to firm up over the years to come, fuelled primarily by EU-funded investments. Fiscal consolidation and deleveraging on the part of enterprises are the major obstacles to sustainable growth.
Reference to wiiw databases: wiiw Annual Database, wiiw Monthly Database
Countries covered: Croatia, SEE