GENERAL INFORMATION ON CROATIA - ECONOMIC INDICATORS

last update  28 January 2010.
 
Area (square km)
1999 2000 2001 2002 2003 2004 2005 2006 2007 2008
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
4,554 4,426 4,440 4,440 4,440 4,439 4,442 4,440 4,436 4,435
 
GDP (million HRK, current prices)
1999 2000 2001 2002 2003 2004 2005 2006 2007 2008
164.054 176.690 190.796 208.223 227.012 245.550 264.367 286.341 314.223 342.159
 
GDP (million EUR, current prices) a
1999 2000 2001 2002 2003 2004 2005 2006 2007 2008
21.638 23.146 25.538 28.112 30.011 32.759 35.725 39.102 42.833 47.370
 
GDP per capita (in EUR)
1999 2000 2001 2002 2003 2004 2005 2006 2007 2008
4.751 5.229 5.752 6.331 6.759 7.380 8.043 8.807 9.656 10.682
 
GDP - year-on-year rate of growth (in %, constant prices)
1999 2000 2001 2002 2003. 2004 2005 2006 2007 2008
-1,5 3,0 3,8 5,4 5,0 4,2 4,2 4,7 5,5 2,4
 
Average year-on-year inflation rateb
1999 2000 2001 2002 2003 2004 2005 2006 2007 2008
4,0 4,6 3,8 1,7 1,8 2,1 3,3 3,2 2,9 6,1
 
Current account balance (million EUR)
1999 2000 2001 2002 2003 2004 2005 2006 2007 2008
-1.429 -568 -821 -2.099 -1.889 -1.434 -1.976 -2.717 -3.238 -4.369
 
Current account balance (as of % GDP)
1999 2000 2001 2002 2003 2004 2005 2006 2007 2008
-6,6 -2,5 -3,2 -7,5 -6,3 -4,4 -5,5 -6,9 -7,6 -9,2
 
Exports of goods and services (as of % GDP)
1999 2000 2001 2002 2003 2004 2005 2006 2007 2008
35,3 40,7 42,3 39,6 43,8 43,5 42,8 43,5 42,7 42,0
 
Imports of goods and services (as of % GDP)
1999 2000 2001 2002 2003 2004 2005 2006 2007 2008
42,5 45,1 47,4 49,1 50,6 49,4 48,9 50,2 50,1 50,1
 
External debt (million EUR, end of year) c
1999 2000 2001 2002 2003 2004 2005 2006 2007 2008
10.175 12.264 13.609 15.143 19.884 22.933 25.748 29.274 32.929 39.125
 
External debt (as of % GDP)
1999 2000 2001 2002 2003 2004 2005 2006 2007 2008
47,0 53,0 53,3 53,9 66,3 70,0 72,1 74,9 76,9 82,6
 
External debt (as of % exports of goods and services)
1999 2000 2001 2002 2003 2004 2005 2006 2007 2008
133,0 130,2 125,9 136,1 151,3 161,0 168,6 172,3 179,9 196,6
 

External debt service (as % of exports of goods and services) c, d
1999 2000 2001 2002 2003 2004 2005 2006 2007 2008
24,3 25,8 27,9 28,6 21,3 22,5 25,0 35,8 33,3 28,2
 
Gross international reserves (million EUR, end of year)
1999 2000 2001 2002 2003 2004 2005 2006 2007 2008
3.013 3.783 5.334 5.651 6.554 6.436 7.438 8.725 9.307 9.121
 
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
3,9 4,3 5,3 4,9 5,2 4,8 5,1 5,3 5,2 4,6
 
National currency: Croatian kuna (HRK)
 
Exchange rate on 31 December (HRK : 1 EUR)
1999 2000 2001 2002 2003 2004 2005 2006 2007 2008
7,6790 7,5983 7,3700 7,4423 7,6469 7,6712 7,3756 7,3451 7,3251 7,3244
 
Exchange rate on 31 December (HRK : 1 USD)
1999 2000 2001 2002 2003 2004 2005 2006 2007 2008
7,6477 8,1553 8,3560 7,1457 6,1185 5,6369 6,2336 5,5784 4,9855 5,1555
 
Average exchange rate (HRK : 1 EUR)
1999 2000 2001 2002 2003 2004 2005 2006 2007 2008
7,5818 7,6339 7,4710 7,4070 7,5642 7,4957 7,4000 7,3228 7,3360 7,2232
 
Average exchange rate (HRK : 1 USD)
1999 2000 2001 2002 2003 2004 2005 2006 2007 2008
7,1220 8,2874 8,3392 7,8725 6,7044 6,0312 5,9500 5,8392 5,3660 4,9344
Consolidated general government balance (as % of GDP) e
1999 2000 2001 2002 2003 2004 2005 2006 2007 2008
-6,2 -6,5 -5,9 -4,3 -5,4 -4,2 -3,5 -2,6 -2,0 -1,8
Public debt (as % of GDP) f
1999 2000 2001 2002 2003 2004 2005 2006 2007 2008
29,00* 34,5 35,5 34,9 35,7 37,9 38,5 36,0 33,4 29,3
Unemployment rate (ILO, persons above 15 years of age)
1999 2000 2001 2002 2003 2004 2005 2006 2007 2008
13,6 16,1 15,8 14,8 14,3 13,8 12,7 11,2 9,6 8,4
Employment rate (ILO, persons above 15 years of age)
1999 2000 2001 2002 2003 2004 2005 2006 2007 2008
44,8 42,6 41,8 43,3 43,1 43,5 43,3 43,6 44,2 44,5
* corrected data
  1. Calculated by applying the average annual exchange rate (HRK/1 EUR) to the GDP in kuna terms.
  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. As a result, 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.
  4. Includes principal payments on bonds, long-term trade credits and long-term loans, as well as total interest payments net of interest payments on direct investment.
  5. In the 1999-2001 period, total balance excluding capital revenues (GFS 1986) is shown on a cash basis. From 2001 on, it is shown on a modified accrual basis and includes the CM, CR CPF and DAB. From 2008 on, the CM is excluded from the total balance.
  6. Public debt includes general government debt and issued government guarantees.
 
Sources: CBS, MoF and CNB.

 

 
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