2024/04/15 / Erste Group Research |
Croatia Special Report | What’s behind Croatia’s economic acceleration? Croatian economy has surprised to the upside in recent period, frequently toping EU growth rankings, allowing for strong convergence in the observed period. In this special report we try to address what’s behind the outperformance in more detail. We highlight consumption, exports and EU funds as key factors that have underpinned the convergence although we can’t look past the negative demographic trend and its effect on overall ratios. Hefty EU fund tailwinds in the near-term suggest further convergence might be coming, although more structural progress will be needed to escape the middle-income trap in the long run. |
![]() |
Author | Erste Group Research |
Date | 2024/04/15 |
Language | ![]() |
Product name | CEE Economies Special Report |
Topic in focus | FX, Macro/ Fixed income |
Economy in focus | Croatia |
Currency in focus | Croatian Kuna |
Sector in focus | - |
Download |
Any information, material and services regarding financial instruments and securities provided by Česká spořitelna/Erste Group/ or any of its affiliates (collectively “Erste Group“) on this and any linked website hereafter (jointly the “Websites“) shall be exclusively to investors who are not subject to any legal sale or purchase restrictions.
By agreeing to this hereto, the visitor entering this Websites confirms that has read, understood and accepted this Information and the Disclaimer