The predictions of the economists of the six leading banks were released by the Croatian Banking Association in an outlook entitled "2014 - another difficult year".
Their predictions of an average growth of 0.1% are lower than other predictions.
The Croatian National Bank predicts that GDP will grow 0.7% in 2014, Zagreb's Institute of Economics predicts a growth of 1%, the government 1.3%, and the European Commission 0.5%.
Four of the six economists predict a decline in personal consumption and five in public consumption, 0.2% and 0.8% on average respectively.
They predict that investments might grow 2.1% and exports 1.5% on average. Five of six predict that investments and exports will grow in 2014.
They do not forecast a stronger unemployment growth, predicting an unemployment rate of 17.7%.
They expects a stagnation in real salaries (+0.1% on average), and a 2.5% inflation.
Fiscal pessimism remains, with the GDP deficit predicted at 5.4% on average.
The public debt-GDP ratio exceeds the Maastricht limits. Public debt is predicted to be around 65% of GDP at the end of 2014, excluding state guarantees and the Croatian Bank for Reconstruction and Development, or nearly 80% if they are included.
The lack of a marked growth in domestic demand explains the prediction that the balance of payments will remain stable (-0.4% of GDP). The external debt is predicted to amount to 103% of GDP.
The six economists do not expect the average euro-kuna exchange rare to rise above one euro to 7.6 kuna.