Government Spending in Croatia decreased to 18662 HRK Million in the first quarter of 2021 from 19696 HRK Million in the fourth quarter of 2020. source: Croatian Bureau of Statistics

Government Spending in Croatia averaged 16415.76 HRK Million from 2000 until 2021, reaching an all time high of 19696 HRK Million in the fourth quarter of 2020 and a record low of 12514 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. Croatia Government Spending - values, historical data and charts - was last updated on July of 2021.

Government Spending in Croatia is expected to be 21884.00 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 19278.00 in 12 months time. In the long-term, the Croatia Government Spending is projected to trend around 21938.00 HRK Million in 2022 and 22377.00 HRK Million in 2023, according to our econometric models.

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Croatia Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
18662.00 19696.00 19696.00 12514.00 2000 - 2021 HRK Million Quarterly
Constant Prices, NSA

Croatia Government Last Previous Highest Lowest Unit
Government Debt to GDP 88.70 72.80 88.70 22.40 percent of GDP [+]
Government Budget -7.40 0.30 2.00 -8.00 percent of GDP [+]
Government Budget Value -7749.00 -4424.00 5156.00 -10911.00 HRK Million [+]
Government Spending 18662.00 19696.00 19696.00 12514.00 HRK Million [+]
Government Spending to GDP 55.40 47.20 55.40 45.30 percent of GDP [+]
Government Revenues 50285.00 45780.00 50285.00 18203.00 HRK Million [+]
Government Debt 339962.60 329667.70 339962.60 26042.90 HRK Million [+]
Fiscal Expenditure 58034.00 50204.00 58034.00 19957.00 HRK Million [+]
Military Expenditure 1031.00 1002.00 2965.00 837.00 USD Million [+]
Credit Rating 51.00 [+]
Asylum Applications 150.00 125.00 395.00 5.00 persons [+]


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.