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Crisis: Croatia, strong GDP growth, up 2.8% in third quarter

End of recession thanks to exports, tourism, retail spending

08 December, 12:39

(ANSA) - ZAGREB - According to preliminary data recorded in the third quarter of this year, GDP in Croatia has grown by 2.8 percent, the highest increase since 2007. According to the Croatian Bureau of Statistics (DZS), the country's GDP has mainly been boosted by the growth in exports, an excellent summer tourist season, a strong and steady increase in industrial production, recovery in retail spending and, for the first time, signs of recovery even in the construction industry. This sector has suffered a lot the consequences of the global crisis in recent years.

(ANSA).

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