RBI affirms Croatia's 2017 growth fcast at 2.9%

Croatia's GDP is expected to expand by 2.5% in 2019, RBI said in a statement.

Croatia is projected to turn to an inflation of 1.2% this year from a deflation 1.1% last year. In 2018, inflation is forecast to grow to 1.4%, before increasing further to 2.0% in 2019.

Bosnia's current account surplus is seen to increase further to 3.7% of the GDP in 2017, from 2.6% in 2016, before dropping slightly to 2.2% in 2018. In 2019, Croatia's surplus is to steady at 2.5%.

The general government's deficit is expected to drop to 1.2% of the GDP this year, from 0.8% last year, and fall further to 1.6% in 2018. A year later, Croatia should see a general government deficit of 1.5%.

Public debt, on the other hand, is projected to keep decrease from 83.7% of the GDP in 2016 to 82.4% in 2017, 81.1% in 2018 and 78.2% in 2019.

Croatia's GDP expanded by 3.0% last year, according to RBI.