Markets Actual Q4 Q1 Q2 Q3 2023
Currency 7.61 7.78 7.89 8.01 8.12 8.36
Stock Market (points) 1921.27 1865 1825 1785 1747 1672
Government Bond 10Y (%) 3.99 4.39 4.83 5.31 5.84 7.07

Overview Actual Q4 Q1 Q2 Q3 2023
GDP Growth Rate (%) 2.00 0.2 0.5 1 1.2 0.9
GDP Annual Growth Rate (%) 7.70 4 5.3 3.5 3.5 4.5
Unemployment Rate (%) 6.30 7.4 7.4 7.4 7.4 6.8
Inflation Rate (%) 12.30 9.9 7 5.5 5.5 2.5
Inflation Rate MoM (%) 0.10 0.1 0.1 0.1 0.1 0.1
Interest Rate (%) 2.50 2.75 2.75 2.75 2.75 3
Balance of Trade (HRK Million) -10216.99 -6900 -4200 -4200 -4200 -4200
Current Account (EUR Million) -1003.10 -350 -1450 -1450 -1450 -420
Current Account to GDP (% of GDP) 3.10 -1.3 -1.3 -1.3 -1.3 -1
Government Debt to GDP (% of GDP) 79.80 83.5 83.5 83.5 83.5 83.5
Government Budget (% of GDP) -2.90 -2.4 -1.9 -1.9 -1.9 -1.9
Retail Sales MoM (%) -1.00 0.1 0.1 0.1 0.1 0.1
Corporate Tax Rate (%) 18.00 18 18 18 18 18
Personal Income Tax Rate (%) 30.00 36 36 36 36 36

GDP Actual Q4 Q1 Q2 Q3 2023
GDP Growth Rate (%) 2.00 0.2 0.5 1 1.2 0.9
GDP Annual Growth Rate (%) 7.70 4 5.3 3.5 3.5 4.5
GDP (USD Billion) 67.84 70.62 70.62 70.62 70.62 75.85
GDP Constant Prices (HRK Million) 105792.00 117301 102252 98796 109495 106853
Gross Fixed Capital Formation (HRK Million) 21915.00 21193 21135 22535 22682 22086
GDP per Capita (USD) 14888.33 16500 16500 16500 16500 16500
GDP per Capita PPP (USD) 31046.63 28800 28800 28800 28800 28800
Full Year GDP Growth (%) 10.40 3.6 3.4 3.4 3.4 3.4
GDP from Agriculture (HRK Million) 2798.00 3702 4006 2660 2896 4186
GDP from Construction (HRK Million) 5127.00 4995 4931 5251 5306 5153
GDP from Manufacturing (HRK Million) 13304.00 13089 13618 12695 13770 14231
GDP from Public Administration (HRK Million) 13783.00 13490 13608 14164 14265 14221
GDP from Services (HRK Million) 23015.00 28965 18278 17199 23821 19101

Labour Actual Q4 Q1 Q2 Q3 2023
Unemployment Rate (%) 6.30 7.4 7.4 7.4 7.4 6.8
Labour Costs (points) 104.20 90 103 108 107 105
Wages (HRK/Month) 7576.00 7286 7462 7797 7904 7649
Wages in Manufacturing (HRK/Month) 6965.00 6736 6777 7342 7317 6947
Minimum Wages (EUR/Month) 622.45 580 580 580 580 600
Population (Million) 4.04 3.95 3.95 3.95 3.95 3.95
Retirement Age Women 63.00 63 63 63 63 63.25
Retirement Age Men 65.00 65 65 65 65 65
Wage Growth (%) 7.52 2.5 2.5 2.5 2.5 2.5

Prices Actual Q4 Q1 Q2 Q3 2023
Inflation Rate (%) 12.30 9.9 7 5.5 5.5 2.5
Inflation Rate MoM (%) 0.10 0.1 0.1 0.1 0.1 0.1
Consumer Price Index CPI (points) 117.90 118 118 119 124 121
Core Consumer Prices (points) 119.10 115 115 116 121 119
Core Inflation Rate (%) 13.20 6.5 4.5 3.8 3.8 3.5
Producer Prices (points) 128.70 131 135 142 149 154
Producer Prices Change (%) 22.10 19 17.4 16.6 15.8 14
Harmonised Consumer Prices (points) 119.90 109 109 109 109 109
Food Inflation (%) 19.20 14.8 13 10 8 7
CPI Transportation (points) 121.90 122 122 122 122 123

Money Actual Q4 Q1 Q2 Q3 2023
Interest Rate (%) 2.50 2.75 2.75 2.75 2.75 3
Interbank Rate (%) 0.18 0.43 0.43 0.43 0.43 0.68
Deposit Interest Rate (%) 0.00 0.25 0.25 0.25 0.25 0.5
Cash Reserve Ratio (%) 9.00 10 10 10 10 10

Trade Actual Q4 Q1 Q2 Q3 2023
Balance of Trade (HRK Million) -10216.99 -6900 -4200 -4200 -4200 -4200
Current Account (EUR Million) -1003.10 -350 -1450 -1450 -1450 -420
Current Account to GDP (% of GDP) 3.10 -1.3 -1.3 -1.3 -1.3 -1
Exports (HRK Million) 16395.03 9200 9200 9200 9200 9200
Imports (HRK Million) 26382.51 13400 13400 13400 13400 13400

Government Actual Q4 Q1 Q2 Q3 2023
Government Debt to GDP (% of GDP) 79.80 83.5 83.5 83.5 83.5 83.5
Government Budget (% of GDP) -2.90 -2.4 -1.9 -1.9 -1.9 -1.9
Government Budget Value (HRK Million) -1252.00 -131 -131 -131 -131 -131
Government Spending (HRK Million) 21565.00 20889 24502 21755 22320 25605
Government Spending to GDP (% of GDP) 49.20 48.5 48.5 48.5 48.5 48.5

Taxes Actual Q4 Q1 Q2 Q3 2023
Corporate Tax Rate (%) 18.00 18 18 18 18 18
Personal Income Tax Rate (%) 30.00 36 36 36 36 36
Sales Tax Rate (%) 25.00 25 25 25 25 25
Social Security Rate (%) 36.50 37.2 37.2 37.2 37.2 37.2
Social Security Rate For Companies (%) 16.50 17.2 17.2 17.2 17.2 17.2
Social Security Rate For Employees (%) 20.00 20 20 20 20 20

Business Actual Q4 Q1 Q2 Q3 2023
Industrial Production (%) 0.60 0.2 0.9 0.5 1.1 2.2
Industrial Production Mom (%) -1.90 -0.1 0.2 0.2 0.2 0.5
Manufacturing Production (%) 1.30 1.8 8 8 8 6
Mining Production (%) -6.60 0.8 3.5 3.5 3.5 4.5
Business Confidence (points) 4.70 3.1 2.5 1.3 3.8 3

Consumer Actual Q4 Q1 Q2 Q3 2023
Retail Sales MoM (%) -1.00 0.1 0.1 0.1 0.1 0.1
Retail Sales YoY (%) -0.20 2.1 1.4 1.2 2.3 3.4
Consumer Spending (HRK Million) 62634.00 60633 65038 61216 64826 67965
Consumer Credit (HRK Million) 76816.80 80709 80187 80944 79678 83795
Bank Lending Rate (%) 2.66 2.91 2.91 2.91 2.91 2.91
Gasoline Prices (USD/Liter) 1.37 1.42 1.48 1.54 1.59 1.71
Consumer Confidence (points) -27.20 -26 -23 -21 -20 -18