Croatia recorded a government budget deficit of 3875 HRK Million in the third quarter of 2020. source: Croatian National Bank

Government Budget Value in Croatia averaged -2634.97 HRK Million from 1999 until 2020, reaching an all time high of 5164 HRK Million in the third quarter of 2018 and a record low of -10591 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 May 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. Looking forward, we estimate Government Budget Value in Croatia to stand at -131.39 in 12 months time. 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

Actual Previous Highest Lowest Dates Unit Frequency
-3875.00 -10591.00 5164.00 -10591.00 1999 - 2020 HRK Million Quarterly
Current Prices, NSA

Croatia Government Last Previous Highest Lowest Unit
Government Debt to GDP 88.70 72.80 88.70 22.40 percent [+]
Government Budget -7.40 0.30 2.00 -8.00 percent of GDP [+]
Government Budget Value -3875.00 -10591.00 5164.00 -10591.00 HRK Million [+]
Government Spending 19386.00 18789.00 19386.00 12514.00 HRK Million [+]
Government Spending to GDP 47.10 46.30 62.20 45.30 percent [+]
Government Revenues 45672.00 40803.00 49992.00 18203.00 HRK Million [+]
Government Debt 329683.90 329158.00 329683.90 26042.90 HRK Million [+]
Fiscal Expenditure 49548.00 51394.00 52342.00 19957.00 HRK Million [+]
Military Expenditure 1054.00 966.00 3103.00 877.00 USD Million [+]
Credit Rating 51.00 [+]
Asylum Applications 265.00 50.00 395.00 5.00 persons [+]


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.