The Croatian economy experienced significant growth of 3.6% year-on-year in the fourth quarter of last year, according to the first estimate released by the Croatian Bureau of Statistics (DZS). This growth represents the twentieth consecutive quarter of economic expansion, showing an increase from the previous quarter's growth of 2.3%. The stable performance is attributed primarily to a rise in investments as well as personal and government consumption, which have bolstered the overall economic output.

In particular, household consumption, which constitutes the largest component of GDP, increased by 2.6% year-on-year in the last quarter of the year, demonstrating a stronger performance compared to the 1.9% growth recorded in the preceding quarter. Additionally, gross fixed capital investments surged by 6.9%, implying enhanced economic activities in sectors requiring substantial investment. This combination of factors indicates a positive trend in the economic environment of Croatia.

Reflecting on the overall performance of the economy, the annual GDP growth for the entirety of last year was recorded at 3.2%. As the Croatian economy continues to expand, this trend of increased investment and consumption will likely play a critical role in shaping its recovery and growth trajectory, especially in the context of ongoing regional and global economic challenges. The sustained growth also suggests greater stability in consumer confidence and investment prospects, essential for maintaining momentum in the years to come.