Investment in Croatia
Croatia - Investment
GDP growth slows, but remains healthy, in the first quarter
GDP growth slowed to 7.0% year on year in the first quarter, from 9.7% in the fourth quarter of last year. Q1's reading marked the worst result since Q1 2021.
Private consumption growth fell to 6.3% in Q1, marking the weakest expansion since Q1 2021 (Q4 2021: +7.7% yoy). Government consumption growth moderated to 5.9% in Q1 (Q4 2021: +14.4% yoy). Meanwhile, fixed investment growth improved to 7.9% in Q1, from the 0.8% increase recorded in the prior quarter.
On the external front, exports of goods and services increased 29.4% on an annual basis in the first quarter, which was below the fourth quarter's 31.7% expansion. Conversely, imports of goods and services growth picked up to 25.0% in Q1 (Q4 2021: +16.4% yoy), marking the best reading since Q2 2021.
FocusEconomics panelists forecast GDP to expand 4.5% in 2022, which is down 0.1 percentage points from last month’s estimate. For 2023, our panel sees GDP growth at 3.8%.
Croatia - Investment Data
| 2015 | 2016 | 2017 | 2018 | 2019 | |
|---|---|---|---|---|---|
| Investment (annual variation in %) | 3.8 | 6.5 | 5.1 | 4.1 | 7.1 |
Croatia Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | 0.67 | 0.0 % | Dec 31 |
| Exchange Rate | 6.64 | -0.54 % | Jan 01 |
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Economic News
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Croatia: Inflation increases in May
June 16, 2022
Consumer prices increased 1.40% over the previous month in May, slowing down from the 2.70% rise logged in April.
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Croatia: Decline in industrial output softens in April
June 1, 2022
Industrial production decreased 1.4% year-on-year in working-day adjusted terms in April (March: -1.9% yoy).
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Croatia: GDP growth slows, but remains healthy, in the first quarter
May 31, 2022
GDP growth slowed to 7.0% year on year in the first quarter, from 9.7% in the fourth quarter of last year.
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Croatia: Inflation comes in at highest level since our records began
May 18, 2022
Consumer prices rose 2.70% in April over the previous month, picking up from the 2.02% rise logged in March.
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Croatia: Industrial production falls in March
May 3, 2022
Industrial production fell 1.9% year-on-year in working-day adjusted terms in March, swinging from February’s 4.0% increase.
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