The Croatian economy grew by 10.4 percent last year

By: Trademagazin editor Date: 2022. 02. 25. 11:00

The performance of the Croatian economy grew by a record 10.4 percent year-on-year, the Croatian Statistical Office (DZS) said on Friday, according to its first flash estimate.

The Croatian economy went big last year

According to seasonally and calendar-adjusted data, GDP grew 9.9 percent year-on-year in the fourth quarter, while it declined 0.1 percent quarter-on-quarter.

Although slower than in the previous two quarters, the Croatian economy is growing strongly for the third quarter in a row, indicating that the country has managed to recover quickly from the corona virus crisis. As a result of measures taken to curb the pandemic, the economic downturn was 8 percent for 2020 as a whole. (Kriják Krisztina, MTI)