Croatia

Croatia’s GDP is projected to grow by up to 3% in the period 2018-2020, driven primarily by domestic demand. The general government is expected to report low deficits or even a surplus, and thus the debt-to-GDP ratio will continue declining gradually. The impact on growth of the Agrokor food-to-retail consortium’s restructuring is still unknown.

map Croatia
        FORECAST*
Main Economic Indicators201520162017201820192020
Population, 1000 persons420841724150...
GDP, real change in %2.33.22.82.73.03.0
GDP per capita (EUR at PPP)172001750018100...
Gross industrial production, real change in %2.75.31.4...
Unemployment rate - LFS, in %, average16.213.111.210.59.59.0
Average gross monthly wages, EUR105810291079...
Consumer prices, % p.a.-0.3-0.61.31.61.61.6
Fiscal balance in % of GDP-3.3-0.9-0.9...
Public debt in % of GDP85.482.778.0...
Current account in % of GDP4.52.63.92.21.30.9
FDI inflow, EUR mn19017161842...
Gross external debt in % of GDP101.989.882.3...


Basic data are continuously updated.

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

publication_icon

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

publication_icon

Monthly Report No. 7-8/2017

Vasily Astrov, Rumen Dobrinsky, Vladimir Gligorov, 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. 7-8, August 2017
27 pages including 1 Table and 2 Figures

Details


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