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
|Investment (annual variation in %)||3.8||6.5||5.1||4.1||7.1|
5 years of economic forecasts for more than 30 economic indicators.
|Bond Yield||0.67||0.0 %||Dec 31|
|Exchange Rate||6.64||-0.54 %||Jan 01|
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June 16, 2022
Consumer prices increased 1.40% over the previous month in May, slowing down from the 2.70% rise logged in April.
June 1, 2022
Industrial production decreased 1.4% year-on-year in working-day adjusted terms in April (March: -1.9% yoy).
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.
May 18, 2022
Consumer prices rose 2.70% in April over the previous month, picking up from the 2.02% rise logged 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.