Analysis by Region - Emerging Markets - Croatia

Analysis by Region - Emerging Markets - Croatia

We have raised our 2023 GDP growth forecast for Croatia by 0.7ppts to 0.8%. Growth surprised to the upside in Q4 2022, which has pushed up our forecast for this year. But the underlying picture for domestic demand is much weaker than the headline reading suggests. GDP growth is forecast to pick up to 1.9% in 2024.

Croatia: Domestic demand likely in recession at start of 2023
Forecast overview
Recent developments
Short-term outlook
Key drivers of our short-term forecast
Economic risk
Economic risk evaluation
Risk warnings
Economic development
Structure of the economy
Balance of payments and structure of trade
Policy and politics

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