Croatia recorded a government budget deficit of 4409 HRK Million in the first quarter of 2021. source: Croatian National Bank

Government Budget Value in Croatia averaged -2732.07 HRK Million from 1999 until 2021, reaching an all time high of 5156 HRK Million in the third quarter of 2018 and a record low of -10911 HRK Million in the second quarter of 2020. This page provides - Croatia Government Budget Value - actual values, historical data, forecast, chart, statistics, economic calendar and news. Croatia Government Budget Value - values, historical data and charts - was last updated on October of 2021.

Government Budget Value in Croatia is expected to be -131.39 HRK Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Croatia Government Budget Value is projected to trend around -131.39 HRK Million in 2022, according to our econometric models.

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Croatia Government Budget Value


Croatia Last Unit Reference Previous Highest Lowest
Government Debt to GDP 88.70 percent of GDP Dec/20 72.80 88.70 22.40
Government Budget -7.40 percent of GDP Dec/20 0.30 2.00 -8.00
Government Budget Value -4409.00 HRK Million Mar/21 -7746.00 5156.00 -10911.00
Government Revenues 45344.00 HRK Million Mar/21 50288.00 50288.00 18203.00
Government Debt 340607.80 HRK Million Jun/21 337464.20 340607.80 26042.90
Fiscal Expenditure 49753.00 HRK Million Mar/21 58034.00 58034.00 19957.00


Croatia Government Budget Value
The government budget balance is the difference between government revenues and expenses. The budget is balanced when outlays equal to receipts, the country reports budget surplus when revenues are higher than expenses and deficit when expenses exceed the revenues.