Commodity market report
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2 Pages

Croatia economic outlook Q2 2014


Croatia economic outlook Q2 2014

Report summary

The Croatian economy contracted for a fifth year in a row in 2013, leaving GDP 11.7% below 2008 levels. A sixth consecutive year of contraction is forecast for 2014. Despite an improving external environment export performance is weak. GDP is not expected to recover to pre-recession levels before 2020. Over the longer term, potential growth prospects for the economy are good - buoyed by investment to develop the capital stock following EU accession, and productivity 'catch-up'. 

What's included?

This report includes 1 file(s)

  • Croatia economic outlook Q2 2014 PDF - 256.74 KB 2 Pages, 1 Tables, 0 Figures

Description

This Economic Outlook presents our macroeconomic outlook to 2035 at the country level.

Specifically we assess the structure of the economy and present the GDP and industrial production outlook.

The long-term outlook is underpinned by a set of GDP models which take account of long-term structural drivers of GDP including demographics, investment and productivity growth.

Finally, we highlight the key risks facing our outlook, both upside and downside.

Wood Mackenzie's macroeconomic forecasts underpin all our commodity demand analysis, ensuring we continually deliver an integrated and consistent view.

  • Executive summary
  • Economic outlook

In this report there is 1 table or chart, including:

  • Executive summary
    • Executive summary: Table 1
  • Economic outlook
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