The current account deficit in Croatia widened to EUR 666.7 million in the second quarter 2020 from EUR 348 million in the same period of the previous year. The services surplus narrowed sharply to EUR 472.6 million from EUR 2,363.6 million a year earlier while the goods deficit fell to EUR 1,906.2 million from EUR 3,019.2 million. Meantime, the primary income account posted a EUR 22.9 million surplus, compared to a EUR 366.2 million gap in Q2 of 2019 and the secondary income surplus widened to EUR 743.9 million from EUR 673.9 million.
Current Account in Croatia averaged -262.81 EUR Million from 1993 until 2020, reaching an all time high of 4552.80 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 October of 2020.
Current Account in Croatia is expected to be -1100.00 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 -300.00 in 12 months time. In the long-term, the Croatia Current Account is projected to trend around -800.00 EUR Million in 2021 and -600.00 EUR Million in 2022, according to our econometric models.