Croatia PESTLE Insights - A Macroeconomic Outlook Report
Summary Financial intermediation, real estate and business activities contributed 23.7% to the gross value added (GVA) in 2020, followed by wholesale, retail and hotels (16.8%) and transport, storage and communication (8.8%). The three sectors are forecast to grow by 6.4%, 7.3% and 3.1% respectively in 2021.
Jadranska Hrvatska and Kontinentalna Hrvatska are the major regions in Croatia. Kontinentalna Hrvatska accounted for 70.06% of total GDP in 2019 and 66.3% of the total population in 2020.
The CROBEX exhibited an upward trend from October 4, 2020, to October 4, 2021. Overall, the index increased by 25.8% from 1,608.8 on October 4, 2020, to 2,024.03 on October 4, 2021.
Scope - Croatia has formulated the National Transport Development Strategy for 2017-2030 relating to the development of rail, road, air, sea and river, public city, local and regional transport.
Reasons to Buy - Macroeconomic Outlook Report identifies the potentials of the country as an investment destination by analyzing the political, economic, social, technological, legal and environmental (PESTLE) structure.
- PESTLE Insights provides 360 degree view of the economy which can be used as a strategic tool to understand the market dynamics, business potentials and direction of operations
- Along with providing the country’s snapshot, the report captures the risk factors pertaining to the macroeconomic risks, political environment, legal environment, demographic and social structure effectiveness, technology & infrastructure and natural and geographic aspects that might impact business.
- This report also highlights key clusters/cities which contribute significantly to the country GDP and population along with major companies’ presence in these areas.
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