Croatia

map Croatia
Croatia’s economic growth is expected to moderate to 2.6% in 2026 and to remain broadly unchanged in 2027, while staying well above the euro-area average. Tourism will remain vital to economic activity, supported by better air connectivity and a potential shift in demand away from Middle Eastern destinations. Continued EU-funded investment should also support growth, although high energy costs and slower wage growth will weigh on domestic demand. Inflation is projected to be 4.1% in 2026, before easing to around 3% in 2027. The external risks remain significant, particularly from higher energy prices, weaker European demand and disruptions to tourism.
        FORECAST*
Main Economic Indicators202320242025202620272028
Population, 1000 persons385638683875...
GDP, real change in %3.83.93.52.62.52.7
GDP per capita (EUR at PPP)300903154032740...
Gross industrial production, real change in %-0.3-1.93.3...
Unemployment rate - LFS, in %, average6.15.04.94.64.64.7
Average gross monthly wages, EUR158418212016...
Consumer prices, % p.a.8.44.04.44.13.02.5
Fiscal balance in % of GDP-1.2-2.5-3.0-3.1-2.9-2.5
Public debt in % of GDP60.556.555.7...
Current account in % of GDP-0.9-2.8-4.3-3.9-3.6-3.5
FDI inflow, EUR m372542423201...
Gross external debt in % of GDP76.365.466.2...


Basic data are continuously updated.

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

publication_icon

Monthly Report No. 7-8/2026

Vasily Astrov, Alexandra Bykova, Selena Duraković, Meryem Gökten, Richard Grieveson, Ioannis Gutzianas, Gabor Hunya, Branimir Jovanović, Biljana Jovanovikj, Niko Korpar, Dzmitry Kruk, Isilda Mara, Michał Możdżeń, Emilia Penkova-Pearson, Olga Pindyuk, Sandor Richter, Marko Sošić, Bernd Christoph Ströhm and Marina Tverdostup
wiiw Monthly Report No. 7-8, July-August 2026
52 pages including 5 Tables

Details

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Executive summary

Olga Pindyuk
in: The Crisis is Over, but its Scarring Effects are Hindering Recovery
wiiw Forecast Report No. Spring 2024, April 2024 , pp. I-VII
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