Content type

Croatian Growth To Slow In 2023, Recover In 2024

Country Risk / Croatia / Wed 01 Mar, 2023

Key View

  • Following Croatia’s real GDP growth of 6.3% in 2022 (below our previous estimate of 6.5%), at Fitch Solutions we project growth decelerating to 1.4% in 2023 (up from a prior 1.1%).
  • After a strong economic performance in 2022 due to the rebound in tourism, we expect a slowdown in 2023 as inflation remains elevated, weighing on
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Croatian Current Account Surplus To Narrow In 2023

Country Risk / Croatia / Fri 24 Feb, 2023

Key View

  • At Fitch Solutions, we have raised our forecasts for Croatia’s current account surplus to 2.2% of GDP in 2022 (up from 0.9%) and 1.9% in 2023 (up from 1.2%).
  • The moderation of European energy prices compared to 2022 will lead to Croatia’s import bill declining over the short term.
  • Eurozone membership will provide modest
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