Croatia's economy should record a 1.3 percent Gross Domestic Product growth in 2011 and a 1.8 percent growth in 2012, according to the World Economic Outlook (WEO), released by the International Monetary Fund on Monday.
This year, the IMF expects Croatia's economy to go up after last year's GDP shrank by 1.4 percent.
The annual inflation rate according to a harmonised index of the consumer prices of Eurostat, the EU statistics' bureau, should amount to 3.5 percent in 2011, compared with 1 percent in 2010 and the projected rate of 2.4 percent in 2010.
Croatia's current account, viewed as part of GDP, is projected at 3.6 percent of GDP in 2011 and it should stay at this level in 2012 as well, the IMF said. Last year's deficit was projected at 1.9 percent.
Unemployment rate is expected to reach 12.8 percent this year, as against last year's 12.3 percent.
The IMF placed Croatia among the countries of emerging Europe, together with Turkey, Poland, Romania, Hungary, Bulgaria, Serbia, Latvia, Lithuania, Bosnia and Herzegovina, Montenegro, Macedonia, Albania and Kosovo.
According to the WEO, this European region is likely to see a 3.7-percent growth in 2011 and a 4-percent growth in 2012.
