The current account gap in Croatia narrowed to EUR 592.1 million in the fourth quarter 2019 from EUR 873.7 million in the same period of the previous year. The goods deficit shrank to EUR 2,395.9 million from EUR 2,343.5 million in Q4 2018 and the services surplus widened to EUR 1,083.4 million from EUR 752.4 million. Also, the secondary income surplus rose to EUR 780.9 million from EUR 686.4 million while the primary income account posted a EUR 60.6 million deficit, compared to a EUR 32.7 million surplus a year earlier. Considering full 2019, the current account surplus widened to EUR 1,570.8 million from EUR 982.1 million in 2018.
Current Account in Croatia averaged -247.27 EUR Million from 1993 until 2019, reaching an all time high of 4571.20 EUR Million in the third quarter of 2019 and a record low of -2403.80 EUR Million in the first quarter of 2008. This page provides the latest reported value for - Croatia Current Account - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Croatia Current Account - data, historical chart, forecasts and calendar of releases - was last updated on April of 2020.
Current Account in Croatia is expected to be -1500.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Current Account in Croatia to stand at -650.00 in 12 months time. In the long-term, the Croatia Current Account is projected to trend around -300.00 EUR Million in 2021, according to our econometric models.