Croatia Economy Report Q1 2016

The country’s GDP grew by a real 2.7% y/y and totalled HRK 74.739 bln in Q1 2016, according to preliminary data of the Croatian Bureau of Statistics (DZS).

Final consumption, which contributed 81.9% to the GDP, expanded by 2.5%. Gross capital formation went up by 2.9%, contributing 27.8% to the GDP. Both exports and imports grew - by 7.1% and 6.1%, respectively.