Croatia’s economy has been growing steadily over the past years. In 2015, GDP had expanded modestly at 1.6% YoY, marking the end of one of the longest and deepest recessions in the EU. The recovery accelerated in 2016, at a projected rate of 2.8% — and unexpectedly grew by 3.2% at the end of the year. In the first three quarters of 2017, the Croatian economy rose about 3% on average, which indicated that its economy is gaining traction towards 2018.

The latest Winter Economic forecast of European Commission (EC) also indicates a “solid and broad-based” growth rate for the country in 2018. The EC expects Croatia’s GDP to grow at a rate of 2.8% this year, the same projection as one made in the Autumn Forecast last year. On the other hand, the Croatian National Bank (HNB/CNB) has stated that it expects the economy to grow by 2.9%,  while the government’s budget for this year is being based upon on a 2.9% economic growth estimate.

Read on as we detail in this infographic the most important keys and statistics about Croatia’s economy and how it is set to become one of the growing economic hubs in Europe this year onwards.

Croatia in the Global Economy - Facts and Figures (Infographic)

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