wiiw Forecast Reports
CROATIA: Robust growth expectations, at last
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in: Cautious Upturn in CESEE: Haunted by the Spectre of Uncertainty
wiiw Forecast Report No. Spring 2017, March 2017 , pp. 60-64
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CROATIA
Croatia’s economy returned to a stable path of growth in 2016. Prospects are favourable as well, with annual GDP growth of up to 3% until the end of the forecasting period in 2019. The upswing will primarily be driven by a rise in domestic demand, both private consumption and investments. EU funding will play a major role in stimulating investments. Apart from fiscal consolidation, demographic changes will become a major challenge in the future.
Reference to wiiw databases: wiiw Annual Database, wiiw Monthly Database
Countries covered: Croatia