( Editorial: --> 4172 )
ZAGREB, April 4 (Hina) - Croatia's Gross Domestic Product (GDP)
growth rate last year was 6.5 per cent in relation to 1996,
according to preliminary data just released by the State Bureau of
Statistics.
GDP has been on the constant increase since 1994, but the 1997 level
is still only 81.81 per cent of the base year 1990's figure.
From among the so-called countries in transition - including the
Czech Republic, Poland, Hungary and Slovenia - Croatia had the
highest GDP growth rate in the past year, according to facts
provided by the International Monetary Fund publication World
Economic Outlook released last October.
The Bureau believes Croatia's GDP growth rate is very
underestimated, because problems continue in the non-inclusion of
the grey economy or unofficial trade in the calculation of general
economic activities.
(Hina) jn mb /ha
041556 MET apr 98
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