Staff Report for the 2012 Article IV consultation, prepared by a staff team of the IMF, following discussions that ended on October 2, with the officials of Croatia on economic developments and policies. Based on information available at the time of these discussions, the staff report was...

This 2014 Article IV Consultation highlights that Croatia remains stuck in an unusually drawn out recession. In 2013, real GDP contracted for the 5th consecutive year, and stands now at less than 90 percent of the end-2008 level. Unemployment has risen to 17 percent. Domestic demand remains...