Croatia’s Economy Records Highest Expansion of 10.4% in 2021

Total Croatia News

Updated on:

Buffik/Pixabay
Buffik/Pixabay

According to the DZS, Croatia’s Gross Domestic Product increased 9.7% in the fourth quarter of 2021 compared to the corresponding period in 2020.

In 2020, the corona crisis affected the national economy which contracted about 8% that year, while in 2021 it recovered at a rate of 10.4%.

The Croatian economy saw the expansion in the last three quarters in a row.

In 2021 Q4, the growth was on the back of the rise in all the components of the GDP, including household consumption, state spending, exports and investments.

 

Subscribe to our newsletter

the fields marked with * are required
Email: *
First name:
Last name:
Gender: Male Female
Country:
Birthday:
Please don't insert text in the box below!

Leave a Comment