Croatia’s GDP is projected to grow moderately, at below 3% annually, in the period 2018-2020. The main growth driver will be domestic demand, supported by strong tourist seasons. The general government is expected to report low deficits or even a surplus, and thus the debt-to-GDP ratio will continue declining gradually. Croatia aims to adopt the euro within the next five to seven years.

map Croatia
Main Economic Indicators201520162017201820192020
Population, 1000 persons420841724150...
GDP, real change in %
GDP per capita (EUR at PPP)172001760018400...
Gross industrial production, real change in %
Unemployment rate - LFS, in %, average16.
Average gross monthly wages, EUR105810291079...
Consumer prices, % p.a.-0.3-
Fiscal balance in % of GDP-3.4-0.90.8...
Public debt in % of GDP83.780.277.5...
Current account in % of GDP4.
FDI inflow, EUR mn19117211791...
Gross external debt in % of GDP101.789.381.8...

Basic data are continuously updated.

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


Monthly Report No. 6/2018

Vasily Astrov, Rumen Dobrinsky, Richard Grieveson, Doris Hanzl-Weiss, Peter Havlik, Gabor Hunya, Sebastian Leitner, Isilda Mara, Olga Pindyuk, Leon Podkaminer, Sandor Richter and Hermine Vidovic
wiiw Monthly Report No. 6, June 2018
27 pages including 1 Table and 1 Figure



CROATIA: Moderate growth ahead

Hermine Vidovic
in: Riding the Global Growth Wave
wiiw Forecast Report No. Spring 2018, March 2018 , pp. 86-89
Details and Buy