Croatia: Recent Economic Developments
January 2, 1996
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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.
Subject: Banking, Commercial banks, Employment, Foreign exchange, Monetary base
Keywords: banking system, broad money, commercial bank, CR, exchange rate, foreign currency, ISCR
Pages:
112
Volume:
1995
DOI:
Issue:
131
Series:
Country Report No. 1995/131
Stock No:
1HRVEA0011995
ISBN:
9781451817225
ISSN:
1934-7685
Notes
This report on recent economic developments in the Republic of Croatia was prepared by a staff team of the International Monetary Fund as background documentation for the periodic consultation with this member country. As such, the views expressed in this document are those of the staff team and do not necessarily reflect the views of the Government of the Republic of Croatia, or the Executive Board of the IMF.
