Croatia: Recent Economic Developments

International Monetary Fund

No 1995/131, IMF Staff Country Reports from International Monetary Fund

Abstract: This paper reviews economic developments in the Republic of Croatia during 1990–95. Real gross domestic product fell by a cumulative 30 percent over 1991–93. However, the economy began to recover in 1994 and real GDP grew by 0.8 percent. In the first quarter of 1995, real GDP was nearly 1 percent higher than the corresponding quarter in 1994. The primary impetus to growth in 1994 was from tourism, trade, transport, and communication. Tourism grew by 15 percent in 1994.

Keywords: ISCR; CR; foreign currency; exchange rate; commercial bank; broad money; banking system (search for similar items in EconPapers)
Pages: 112
Date: 1996-01-02
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