Republic of Croatia : 2009 Article IV Consultation: Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for the Republic of Croatia

Author/Editor:

International Monetary Fund

Publication Date:

June 12, 2009

Electronic Access:

Free Full Text (PDF file size is 1165 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

Croatia’s annual GDP growth accelerated to 4–5 percent, per capita incomes advanced further toward the EU average, and unemployment declined to the lowest levels since Croatia’s independence. The staff report for Croatia’s 2009 Article IV Consultation is also described. Rapid credit growth led to a significant debt build-up and prevalent foreign currency borrowing aggravated balance sheet vulnerabilities, and booming domestic demand led to surging trade deficits, moderated only partially by strong tourism earnings.

Series:

Country Report No. 09/185

Subject:

English

Publication Date:

June 12, 2009

ISBN/ISSN:

9781451817492/1934-7685

Stock No:

1HRVEA2009001

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

66

Please address any questions about this title to publications@imf.org