Croatia

Croatia’s GDP growth will continue to moderate to 2.5% in the 2019-2021 period. The main support to growth will come from private consumption and tourism. A more effective use of EU funds would be key to stimulating investments and growth. Continued emigration of young people together with the ageing of the population is becoming a growth limiting factor. Joining the euro area is high on the political agenda.

map Croatia
        FORECAST*
Main Economic Indicators201620172018201920202021
Population, 1000 persons417241304100...
GDP, real change in %3.52.92.62.62.52.5
GDP per capita (EUR at PPP)179001850019400...
Gross industrial production, real change in %5.31.4-1.0...
Unemployment rate - LFS, in %, average13.111.28.59.08.58.0
Average gross monthly wages, EUR102910791139...
Consumer prices, % p.a.-0.61.31.61.81.81.5
Fiscal balance in % of GDP-1.00.80.2...
Public debt in % of GDP80.577.874.6...
Current account in % of GDP2.63.72.62.42.11.0
FDI inflow, EUR mn176317821058...
Gross external debt in % of GDP89.382.275.5...


Basic data are continuously updated.

* Forecasts are changed beginning of March, July and November.
See Press Conferences.

publication_icon

CROATIA: Weaker growth momentum

Hermine Vidovic
in: Moving Into the Slow Lane
wiiw Forecast Report No. Spring 2019, March 2019 , pp. 76-79
Details and Buy

publication_icon

Monthly Report No. 12/2018

Amat Adarov, Mario Holzner, Olga Pindyuk and Goran Vuksic
wiiw Monthly Report No. 12, December 2018
45 pages including 37 Figures

Details


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