Main macroeconomic indicators

Published: 31/1/2015 Modified: 12/3/2021

Main macroeconomic indicators are a brief and clear table overview of key annual macroeconomic indicators of the Croatian economy over a longer period.

 

2014

2015

2016

2017

2018

2019

2020

Area (square km)

56.594

56.594

56.594

56.594

56.594

56.594

56.594

Population (million) a

4,238

4,204

4,174

4,125

4,088

4,065

4,047

GDP (million HRK, current prices) b

331.322

339.663

351.197

367.501

385.377

402.337

370.166

GDP (million EUR, current prices)

43.423

44.636

46.644

49.262

51.979

54.270

49.139

GDP per capita (in EUR)

10.246

10.618

11.174

11.942

12.716

13.350

12.141

GDP - year-on-year rate of growth (in %, constant prices)

-0,3

2,4

3,5

3,4

2,8

2,9

-8,4

Average CPI year-on-year inflation rate

-0,2

-0,5

-1,1

1,1

1,5

0,8

0,1

Current account balance (million EUR) c

111

1.461

1.002

1.695

945

1.512

 

Current account balance (as of % GDP)

0,3

3,3

2,1

3,4

1,8

2,8

 

Exports of goods and services (as of % GDP)

43,3

46,4

47,7

50,0

50,2

52,0

 

Imports of goods and services (as of % GDP)

43,7

46,1

46,5

49,3

51,0

52,2

 

External debt (million EUR, end of year) c

49.095

48.230

44.714

43.683

42.710

40.877

40.624

External debt (as of % GDP)

113,1

108,1

95,9

88,7

82,2

75,3

82,7

External debt (as of % exports of goods and services)

260,9

232,7

201,0

177,5

163,7

144,8

 

External debt service (as % of exports of goods and services) d

46,3

44,0

35,7

33,1

27,1

29,6

 

Gross international reserves (million EUR, end of year)

12.688

13.707

13.514

15.706

17.438

18.560

18.943

Gross international reserves (in terms of months of imports of goods and services, end of year)

8,0

8,0

7,5

7,8

7,9

7,9

 

National currency: kuna (HRK)

 

 

 

 

 

 

 

Exchange rate on 31 December (HRK : 1 EUR)

7,6615

7,6350

7,5578

7,5136

7,4176

7,4426

7,5369

Exchange rate on 31 December (HRK : 1 USD)

6,3021

6,9918

7,1685

6,2697

6,4692

6,6499

6,1390

Average exchange rate (HRK : 1 EUR)

7,6300

7,6096

7,5294

7,4601

7,4141

7,4136

7,5331

Average exchange rate (HRK : 1 USD)

5,7493

6,8623

6,8037

6,6224

6,2784

6,6223

6,6108

Consolidated general government net lending (+)/borrowing (-) (million HRK) e

-18.346

-11.750

-3.303

2.956

962

1.589

 

Consolidated general government net lending (+)/borrowing (-) (as % of GDP) e

-5,5

-3,5

-0,9

0,8

0,2

0,4

 

General government debt (as % of GDP) e

84,8

84,3

80,8

77,5

74,2

72,7

 

Unemployment rate (ILO, persons above 15 years of age) f

17,3

16,2

13,1

11,2

8,4

6,6

 

Employment rate (ILO, persons above 15 years of age) f

43,3

44,2

44,6

45,8

46,9

47,7

 

 

a The population estimate of the Republic of Croatia for 2000 is based on the 2001 Census and that for the 2001 – 2019 period on the 2011 Census. Data for 2020 are preliminary.

b The GDP data are presented according to the ESA 2010 methodology. Data for 2019 and 2020 are preliminary.

c Balance of payments and external debt data are compiled in accordance with the methodology prescribed by the sixth edition of the Balance of Payments and International Investment Position Manual (BPM6) and the new sector classification of institutional units in line with ESA 2010. Balance of payments and external debt data are based on the most recent available balance of payments data up to the third quarter of 2020 and data on the gross external debt position as at the end of December 2020.

d Includes principal payments on bonds, long-term trade credits and long-term loans (excluding liabilities to affiliated enterprises), as well as total interest payments (including FISIM), without interest payments on direct investment.

e Fiscal data is shown according to the ESA 2010 methodology.

f Data for the 2007 – 2013 period are revised and therefore no longer comparable to data for the 2000 – 2006 period.

Sources: CBS, MoF and CNB.