GENERAL INFORMATION ON CROATIA - ECONOMIC INDICATORS

last update 27 January 2011

 
Area (square km)
1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009
56.538 56.538 56.538 56.538 56.538 56.538 56.538 56.538 56.538 56.538 56.538
                     
Population (million)
1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009
4,554 4,426 4,440 4,440 4,440 4,439 4,442 4,440 4,436 4,434 4,429
 
GDP (million HRK, current prices)a
1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009
164.054 176.690 190.796 208.223 227.012 245.550 264.367 286.341 314.223 342.159 333.063
 
GDP (million EUR, current prices)
1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009
21.638 23.146 25.538 28.112 30.011 32.759 35.725 39.102 42.833 47.370 45.379
                     
GDP per capita (in EUR)
1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009
4.751 5.229 5.752 6.331 6.759 7.380 8.043 8.807 9.656 10.683 10.245
 
GDP - year-on-year rate of growth (in %, constant prices)
1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009
-1,5 3,0 3,8 5,4 5,0 4,2 4,2 4,7 5,5 2,4 -5,8
 
Average year-on-year inflation rate b
1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009
4,0 4,6 3,8 1,7 1,8 2,1 3,3 3,2 2,9 6,1 2,4
 
Current account balance (million EUR)
1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009
-1.429 -568 -821 -2.099 -1.889 -1.434 -1.976 -2.726 -3.238 -4.371 -2.477
 
Current account balance (as of % GDP)
1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009
-6,6 -2,5 -3,2 -7,5 -6,3 -4,4 -5,5 -6,9 -7,6 -9,2 -5,4
 
Exports of goods and services (as of % GDP)
1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009
35,3 40,7 42,3 39,6 43,8 43,5 42,8 43,5 42,7 42,0 35,6
 
Imports of goods and services (as of % GDP)
1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009
42,5 45,1 47,4 49,1 50,6 49,4 48,9 50,2 50,1 50,1 39,4
 
External debt (million EUR, end of year) c
1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009
10.175 12.264 13.609 15.144 19.884 22.933 25.761 29.274 32.929 39.125 43.117*
 
External debt (as of % GDP)
1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009
47,0 53,0 53,3 53,9 66,3 70,0 72,1 74,9 76,9 82,6 95,0
 
External debt (as of % exports of goods and services)
1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009
133,0 130,2 125,9 136,1 151,3 161,0 168,7 172,3 179,9 196,6 266,9*
 
External debt service (as % of exports of goods and services) c, d
1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009
24,3 25,8 27,9 28,6 21,3 22,5 25,0 35,8 33,3 28,2 46,1
 
Gross international reserves (million EUR, end of year)
1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009
3.013 3.783 5.334 5.651 6.554 6.436 7.438 8.725 9.307 9.121 10.376
 
Gross international reserves (in terms of months of imports of goods and services, end of year)
1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009
3,9 4,3 5,3 4,9 5,2 4,8 5,1 5,3 5,2 4,6 7,0
 
National currency: Croatian kuna (HRK)
 
Exchange rate on 31 December (HRK : 1 EUR)
1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009
7,6790 7,5983 7,3700 7,4423 7,6469 7,6712 7,3756 7,3451 7,3251 7,3244 7,3062
 
Exchange rate on 31 December (HRK : 1 USD)
1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009
7,6477 8,1553 8,3560 7,1457 6,1185 5,6369 6,2336 5,5784 4,9855 5,1555 5,0893
 
Average exchange rate (HRK : 1 EUR)
1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009
7,5818 7,6339 7,4710 7,4070 7,5642 7,4957 7,4000 7,3228 7,3360 7,2232 7,3396
 
Average exchange rate (HRK : 1 USD)
1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009
7,1220 8,2874 8,3392 7,8725 6,7044 6,0312 5,9500 5,8392 5,3660 4,9344 5,2804
Consolidated general government overall fiscal balance (as % of GDP) e
1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009
-6,2 -6,5 -5,9 -4,3 -5,4 -4,2 -3,5 -3,4* -3,1* -2,1* -4,6*
Public debt (as % of GDP) f
1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009
29,00 34,5 35,5 34,9 35,7 37,9 38,5 36,0 33,4 29,3 35,3
Unemployment rate (ILO, persons above 15 years of age)
1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009
13,6 16,1 15,8 14,8 14,3 13,8 12,7 11,2 9,6 8,4 9,1
Employment rate (ILO, persons above 15 years of age)
1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009
44,8 42,6 41,8 43,3 43,1 43,5 43,3 43,6 44,2 44,5 43,3
* corrected data
  1. Published by the CBS early in 2009, the revised GDP data for the 1995-2008 period include the estimation of non-observed economy, the new estimation of imputed dwelling rents and the new estimation and distribution of financial intermediation services indirectly measured (FISIM). The GDP data for 2006, 2007, 2008 and 2009 are based on quarterly estimates and preliminary.
  2. CPI inflation rate.
  3. In accordance with the obligations assumed during the pre-accession negotiations with the European Commission, the new legislative provisions governing the monitoring of foreign borrowing entered into force early in 2008. The external debt balance at end-2007 is reported in accordance with the old system. In order to provide for the comparability of annual data, the external debt is also calculated in accordance with the new system which shows an upward adjustment in the end-2007 balance, increasing it by EUR 325m or to EUR 33,254m. The advanced data processing system is in use since early 2009. For comparability reasons, the external debt balance at end-2008 is also calculated in accordance with the advanced system which shows an upward adjustment in the end-2008 balance, increasing it by EUR 366m or to EUR 39,491m. Data on round tripping, which stood at EUR 826m at end-2008 and EUR 1,499m at end-2009, are excluded from this figure.
  4. Includes principal payments on bonds, long-term trade credits and long-term loans (excluding liabilities to affiliated enterprises), as well as total interest payments net of interest payments on direct investment.
  5. The overall fiscal balance (GFS 2001) in the 1999 - 2001 period is shown on a cash basis and from 2002 on a modified accrual basis. CM, CR, CPF and DAB are included from 2001, but CM has been excluded since 2008. Repayments of debt to pensioners are included in the calculation of the balance (for more details on the methodology of the balance calculation, see Box 4 in CNB Bulletin No. 165).
  6. Public debt includes general government debt and issued government guarantees.
 
Sources: CBS, MoF and CNB.

 

 

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