Croatia Current Account to GDP

Croatia recorded a Current Account surplus of 2.60 percent of the country's Gross Domestic Product in 2018. Current Account to GDP in Croatia averaged -3.04 percent from 1995 until 2018, reaching an all time high of 4.50 percent in 2015 and a record low of -10.50 percent in 1997.

Current Account to GDP in Croatia is expected to be 2.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Croatia Current Account to GDP is projected to trend around 0.60 percent in 2020, according to our econometric models.

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Croatia Trade	Last	Previous	Highest	Lowest	Unit
Balance of Trade	-7138.66	-7582.72	502.62	-8379.31	HRK Million	[+]
Current Account	-2203.20	-983.90	4022.10	-2519.30	EUR Million	[+]
Current Account to GDP	2.60	4.00	4.50	-10.50	percent	[+]
Imports	16910.77	16696.19	16910.77	126.80	HRK Million	[+]
Exports	9772.11	9113.46	10404.43	113.82	HRK Million	[+]
External Debt	44150.34	45844.06	70907.14	9867.01	USD Million	[+]
Capital Flows	-1176.00	-590.80	3250.10	-2256.10	EUR Million	[+]
Remittances	578.40	623.10	700.80	235.50	EUR Million	[+]
Tourist Arrivals	1353990.00	933712.00	4088802.00	54742.00		[+]
Terrorism Index	0.01	0.03	2.01	0.01		[+]
Foreign Direct Investment	56.80	365.30	2058.70	-479.10	EUR Million	[+]
Crude Oil Production	14.00	14.00	39.00	10.00	BBL/D/1K	[+]

Exports by Country | Exports by Category | Imports by Country | Imports by Category

Croatia Current Account to GDP

The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Croatia Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. Croatia Current Account to GDP - actual data, historical chart and calendar of releases - was last updated on July of 2019.

	Actual	Previous	Highest	Lowest	Dates	Unit	Frequency
	2.60	4.00	4.50	-10.50	1995 - 2018	percent	Yearly

Export Data API

Country	Last		Previous	Range
Singapore	17.70	Dec/18	16	26.1 : -13.1	%
Netherlands	10.80	Dec/18	10.5	10.8 : -1	%
Switzerland	10.20	Dec/18	6.7	14.8 : -0.6	%
Saudi Arabia	9.20	Dec/18	1.5	28.5 : -21	%
Germany	7.30	Dec/18	8	8.5 : -1.8	%
Russia	7.00	Dec/18	2.1	18 : -1.4	%
South Korea	4.70	Dec/18	4.9	10.7 : -10.5	%
Japan	3.50	Dec/18	4	4.7 : -1	%
Euro Area	3.00	Dec/18	3.2	3.2 : -1.5	%
Italy	2.50	Dec/18	2.8	2.9 : -3.7	%
Spain	0.90	Dec/18	1.8	2.3 : -9.6	%
China	0.40	Dec/18	1.3	10.1 : -3.7	%
France	-0.30	Dec/18	-0.6	3.4 : -2.1	%
Brazil	-0.77	Dec/18	-0.35	1.8 : -8.2	%
Australia	-1.50	Dec/18	-3.4	2.3 : -7.3	%
Mexico	-1.80	May/19	-1.7	3.4 : -6.1	%
India	-2.30	Dec/18	-1.9	2.3 : -4.8	%
United States	-2.40	Dec/18	-2.3	0.2 : -6	%
Canada	-2.60	Dec/18	-2.8	2.7 : -4.2	%
Indonesia	-3.00	Dec/18	-1.6	4.8 : -6.8	%
South Africa	-3.50	Dec/18	-2.5	6 : -7.5	%
Turkey	-3.50	Dec/18	-5.6	1.9 : -8.9	%
United Kingdom	-3.90	Dec/18	-3.3	2.6 : -5.2	%
Argentina	-5.40	Dec/18	-4.9	8 : -5.4	%