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.
Global Economy
Opportunities for Small Countries in the Global Economy
International trade is a critical economic tool that many countries – including small nations – participate to boost and support their economy. In fact, some small countries take part so much in international trade that the combined value of all their imports and exports exceeds their entire Gross Domestic Product (GDP).
Ireland and the Global Economy: Facts and Figures (Infographic)
Ireland’s economy has been booming and growing more than ever, years after a series of economic setbacks. Despite the geopolitical turmoil in two of its biggest trading partners– the UK and the U.S. – in the past recent months, the economic performance of Ireland has remained solid and strong.
