In the latest Global Economic Prospects for 2018, the World Bank expects growth of the Croatian economy by 2,6 percent.
Confirming its updated estimates from October last year, the World Bank estimates that Croatia will achieve economic growth by 2,6 percent. However, it will be a slowdown in comparison to 2017, but in 2019, the World Bank expects a slight re-acceleration of the Croatian economic growth to 2,8 percent.
The World Bank’s latest estimate for Croatia is slightly lower than the prognosis of other institutions. In its recent prognosis, the European Commission announced that in 2018 it expects the Croatian economy to rise by 2,8 percent, whilst the International Monetary Fund (IMF) expects it to rise by 2,7 percent.
The Croatian National Bank (HNB) is somewhat more optimistic and expects growth of the country’s economy by 2,9 percent. The Croatian Government based its budget for 2018 on this estimate.