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1 Rough seas

Economic outlook

Following the modest growth experienced by Southeast European economies in 2022, driven primarily by robust domestic demand and a successful tourist season, the collective GDP growth of the region is expected to moderate to about 2% in 2023, according to analysts. The region's near-term growth prospects may be hindered by decreased economic activity in the European Union, its primary trading partner and a source of remittances.

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INTERVIEW - Generali expects two-digit premium growth in CEE on strong non-life segment
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Chart:Global growth is projected to fall from an estimated 3.5 percent in 2022 to 3.0 percent in 2023 and 2024.
Global growth is projected to fall from an estimated 3.5 percent in 2022 to 3.0 percent in 2023 and 2024.
IMF World Economic Outlook July 2023
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