wiiw Forecast Reports

CROATIA: Solid growth

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Hermine Vidovic

in: Uncertainty in Turbulent Times
wiiw Forecast Report No. Spring 2020, March 2020 , pp. 79-82

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Croatia’s economy performed well in 2019. GDP growth will slow somewhat over the forecast period, but will remain at a relatively high level (2.7% p.a.) thanks to the country’s strong tourism sector. Private consumption and investments supported by EU transfers will remain the main drivers of growth. In its quest to adopt the euro as soon as possible, the Croatian government will seek to keep the budget in balance or in surplus, and to further reduce public debt.

 

Reference to wiiw databases: wiiw Annual Database, wiiw Monthly Database

Countries covered: Croatia


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