Government Spending in Croatia decreased to 18342 HRK Million in the third quarter of 2019 from 18877 HRK Million in the second quarter of 2019. Croatia Government Spending - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Government Spending in Croatia averaged 15854.01 HRK Million from 2000 until 2019, reaching an all time high of 18877 HRK Million in the second quarter of 2019 and a record low of 12330 HRK Million in the third quarter of 2001. This page provides - Croatia Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Government Spending in Croatia is expected to be 17480.00 HRK Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Government Spending in Croatia to stand at 18892.00 in 12 months time. In the long-term, the Croatia Government Spending is projected to trend around 19270.00 HRK Million in 2021 and 19656.00 HRK Million in 2022, according to our econometric models.


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Croatia Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
18342.00 18877.00 18877.00 12330.00 2000 - 2019 HRK Million Quarterly
Constant Prices, NSA


Croatia Government Spending
Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth.