Money in Croatia

Croatia Money | Economic News & Forecasts

Croatia - Money

Following Q2’s rebound, early data suggests that GDP continued to expand at a healthy, albeit weaker, rate in Q3. Solid growth in retail sales in July–August, coupled with a markedly lower unemployment rate in the same period, hints at robust household consumption. On top of this, soaring numbers of tourist arrivals in July, which came close to pre-pandemic levels, will have provided an additional boost to the economy. Meanwhile, on 28 September, the country received EUR 818 million as the first tranche of its share of the EU recovery fund, boding well for activity ahead. In other news, on 10 September the IMF concluded its Article IV consultation, highlighting the country’s economic resilience during the pandemic and bright growth prospects. However, the Fund stressed risks stemming from the pandemic’s uncertain trajectory.

Croatia - Money Data

2015   2016   2017   2018   2019  
Money (annual variation in %)11.4  18.2  19.1  20.7  14.3  

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Croatia Money Chart

Croatia Money
Note: Annual variation of M2 in %.
Source: Crotia Central Bank and FocusEconomics calculations.

Croatia Facts

Value Change Date
Bond Yield0.670.0 %Dec 31
Exchange Rate6.64-0.54 %Jan 01

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