Tuesday, 26 May 2020

IMF expects continued growth of Croatia GDP in 2018

By  Oct 09, 2018

The International Monetary Fund (IMF) said it expects Croatia's GDP to grow by 2.8 percent in 2018, and to decelerate to 2.6 percent in 2019, according to the latest issue of the IMF's World Economic Outlook released this week.

This means that the projected economic growth for Croatia in 2018 and 2019 remained unchanged from the previous Outlook issued in April.

Croatia's unemployment rate is projected to drop from 12.4 percent in 2017 to 12.0 percent in 2018, and further down to 11.2 percent in 2019.

The report also noted that Croatia's current account balance surplus could slide from 3.9 percent of GDP in 2017 to 2.7 percent of GDP in 2018, and to 2.3 percent of GDP in 2019.

The IMF's forecasts for Croatia's economy are mainly in accordance with the projections of other analysts.

The Voice of Dubrovnik


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