1. Market Research
  2. > Financial Services
  3. > Banking Market Trends
  4. > Croatia Country Report - February, 2016

Croatia Country Report - February, 2016

  • March 2016
  • -
  • Emerging Markets Direct Media Holdings
  • -
  • 45 pages

Summary

Table of Contents

This report reviews key macroeconomic data and microeconomic developments for Croatia published between February 6 and March 4, 2016.

The Croatian finance minister said he he expects the country's economy to expand by around 2% this year, but warned about the negative risks stemming from the external environment, such as the slowdown in the Chinese and American economies, possible increase of interest rates in the United States and low oil prices.

Croatia's economy expanded by a real 1.9% y/y in the fourth quarter of 2015, registering the fifth consecutive quarter of growth, and by 1.6% y/y in 2015 as a whole, following a 0.4% y/y contraction in 2014, the statistics office confirmed at the beginning of March.

However, an IMF mission, which visited the country in February, stressed the Adriatic country needs to quickly implement structural reforms to sustain growth.

The report also gives details about new investments in tourism, a key sector of the economy, and the government's plans to build a new coal-fired unit at the existing Plomin thermal power plant.

It also provides details about the performance of the Croatian banking sector following the government's decision to adopt legislation on the conversion of loans denominated in Swiss francs into euros, with the costs being borne by the banks.





Key Points:



o Croatia's consumer prices fell 0.8% y/y in January, slightly narrowing from the 0.6% decline in the previous month. Croatia's industrial sales inched up 0.3% y/y in December, cooling from a 15.8% annual hike in the previous month.

o The unemployment increased to 18.5% in January from 17.9% in the previous month. The average net monthly wage rose 1.6% in December, accelerating from a 4.9% hike in November.

o Last year's trade gap widened 1.3% y/y as exports rose at a faster pace than imports.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
Get This Report
24/7 Customer Support

Talk to Veronica

+1 718 514 2762

Purchase Reports From Reputable Market Research Publishers
Blockchain Technology Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024

Blockchain Technology Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024

  • $ 5795
  • Industry report
  • January 2017
  • by Transparency Market Research

Global Blockchain Technology Market: Overview Blockchain technology offers a secure, fast, and cheaper medium of carrying out online transaction and online transfer of information without the need of third ...

Mobile Payment Technologies Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024

Mobile Payment Technologies Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2016 - 2024

  • $ 5795
  • Industry report
  • February 2017
  • by Transparency Market Research

Global Mobile Payment Technologies Market: Overview This report provides an analysis of the global mobile payment technologies market for the period from 2014 to 2024, wherein the period from 2016 to 2024 ...

Top 10 Telecom Technologies - Forecast to 2021

Top 10 Telecom Technologies - Forecast to 2021

  • $ 5650
  • Industry report
  • February 2017
  • by MarketsandMarkets

“Reduction in queuing & transaction time and increased convenience in making low value payments are driving the contactless payment market” The contactless payment market is estimated to grow from ...


ref:plp2016

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.