Croatia’s reputation as a stable and reliable destination for investment has been reinforced after Fitch Ratings confirmed the country’s A- credit rating with a stable outlook in its latest report, the Croatian government reported.
The rating from one of the world’s leading credit agencies highlights Croatia’s strong economic performance, responsible fiscal policy and the advantages gained from membership of the European Union and the eurozone.
According to the report, Croatia’s economy continues to perform strongly, with real GDP growth projected at 3.2% in 2025. This rate remains above the average growth recorded across both the EU and the eurozone, reflecting robust economic momentum.
Fitch also pointed to the government’s commitment to maintaining public finances under control, with plans to keep the budget deficit below 3% of GDP.
Croatia has also made significant progress in reducing its public debt. The debt-to-GDP ratio has fallen to around 56%, a drop of roughly 30 percentage points compared with 2020 and close to the average for countries in the A credit rating category.
The agency emphasised that Croatia’s EU and eurozone membership continues to strengthen the country’s financial stability and investor confidence.
Government policy frameworks that leverage EU membership, combined with sustained economic growth and fiscal discipline, were cited as key reasons behind the rating confirmation.
Prime Minister: Croatia seen as politically and economically stable
Croatian Prime Minister Andrej Plenković welcomed the report, saying it confirms that international rating agencies view Croatia as a politically and economically stable country.
“In the context of numerous geopolitical challenges, this report once again confirms that international credit rating agencies consider Croatia a stable state and a reliable place for investment,” Plenković said.
He added that the government will continue to focus on strong economic growth, responsible management of public finances and efficient use of EU funds, with the aim of helping Croatia catch up with more developed EU member states.
“Our fundamental priority remains improving the quality of life for citizens and strengthening the competitiveness of the Croatian economy,” he said.
EU recovery funds driving reforms and investment
Croatia has also benefited significantly from the EU Recovery and Resilience Facility, implemented through the country’s National Recovery and Resilience Plan.
So far, Croatia has received €6.4 billion, representing around 64% of its total allocation, and remains on track to absorb all available funds by the end of 2026.
These funds are supporting a wide range of reforms and investment projects, contributing to continued economic growth and strengthening the country’s long-term development prospects.
Positive signal for investors
Fitch’s confirmation of the A- rating sends a positive signal to international markets, reinforcing Croatia’s image as a stable and increasingly competitive economy within the European Union.
