Editing Economy of Croatia (section)

===2016–2019===
During 2015 the Croatian economy started with slow but upward economic growth, which continued during 2016 and conclusive at the end of the year seasonally adjusted was recorded at 3.5%.<ref>{{cite web| url = http://www.rttnews.com/2749294/croatia-gdp-growth-quickens-in-q4.aspx| title = Croatia GDP Growth Quickens In Q4, 28 February 2017, accessed 14 March 2017}}</ref> The better than expected figures during 2016 enabled the Croatian Government and with more tax receipts enabled the repayment of debt as well as narrow the current account deficit during Q3 and Q4 of 2016<ref>{{Cite news|url=https://www.rttnews.com/2723484/croatia-trade-deficit-narrows-in-september.aspx|title=Croatia Trade Deficit Narrows In September|website=RTTNews}}</ref><ref>{{cite news| url = https://www.bloomberg.com/news/articles/2016-03-10/croatia-to-narrow-2016-budget-deficit-on-planned-economic-growth| title = Jasmina Kuzmanovic, Croatia to Narrow 2016 Budget Deficit on Planned Economic Growth, 10 March 2016, accessed 14 March 2017| website = [[Bloomberg News]]| date = 10 March 2016}}</ref> This growth in economic output, coupled with the reduction of government debt has made a positive impact on the financial markets with many ratings agencies revising their outlook from negative to stable, which was the first upgrade of Croatia's credit rating since 2007.<ref>{{cite web| url = https://www.moodys.com/research/Moodys-changes-outlook-on-Croatias-Ba1-government-bond-rating-to--PR_295208| title = Croatia views Moody's outlook upgrade as results of reform: minister, 11 March 2017, accessed 14 March 2017| date = 21 March 2014}}</ref> Due to consecutive months of economic growth and the demand for labour, plus the outflows of residents to other European countries, Croatia had recorded the biggest fall in the number of unemployed during the month of November 2016 from 16.1% to 12.7%.