Croatia

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
        FORECAST*
Main Economic Indicators201520162017201820192020
Population, 1000 persons420841724150...
GDP, real change in %2.43.52.92.52.72.8
GDP per capita (EUR at PPP)172001760018400...
Gross industrial production, real change in %2.75.31.4...
Unemployment rate - LFS, in %, average16.213.111.29.89.08.8
Average gross monthly wages, EUR105810291079...
Consumer prices, % p.a.-0.3-0.61.31.61.61.6
Fiscal balance in % of GDP-3.4-0.90.8...
Public debt in % of GDP83.780.277.5...
Current account in % of GDP4.52.63.92.61.91.5
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.

publication_icon

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

Details

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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


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