Yes, really. But it doesn’t mean everything is wonderful…
As Poslovni Dnevnik reports on the 23rd of August, 2017, four criteria are considered in the global risk index in economy and generally things are favourable for Croatia when looking at this small segment of economics, placing the country among the least risky economies in the world.
The highly respected Bloomberg stands behind the index, which measures the share of the international reserves of the central bank, excluding state gold in GDP, the percentage of unemployed, the rate of inflation and the fluctuation of the exchange rate. Croatia has a high reserve share of as much as 26 percent, and according to this criterion, Croatia falls among the nine least ”risky” countries in the world.
A low score was returned in the area of unemployment, by which Croatia is classed as a risky country. Croatia should have an unemployment rate of 11.7 percent this year, placing the country at 75th among the 82 countries in which results were analysed and compared. Fluctuations in domestic currency exchange rates in Croatia were not analysed. Overall, Croatia leaves a pretty good impression on an overall research basis which has taken a very narrow area of economy into consideration.
Surprisingly, Russia finds itself in a much worse position than Croatia in terms of reserves, among other things, and due to the fact that its central bank has a large share of gold reserves which have not been taken into account.
The lowest risk country when judging by the rate of inflation is Switzerland, judging by the share of reserves in GDP – Hong Kong, and according to unemployment criteria Qatar is the least risky, with only 0.3 percent unemployment.
Translated from Poslovni.hr
