According to the first available data, the total consolidated debt of all general government sub-sectors reached HRK 329,7 bn at the end of December 2020, up HRK 526 mil (or 0,16%) since the end of the previous month and by HRK 36,8 bn (or 12,6%) since the end-December 2019. This increase was to the greatest extent due to an increase in the domestic debt component in the amount of HRK 4,1 bn (or 1,9%) in December 2020 and by HRK 26,0 bn (or 13,2%) since end-December 2019.
In relative terms, measured against the annual GDP, the total debt amounted to 89,1% of the annual GDP at the end of December 2020, while at the end of December of the previous year it stood at 72,8% of the annual GDP.
The general government debt data structure by main debt instruments and maturity is available only for the general government unconsolidated debt. Long-term debt instruments dominate the maturity structure of this debt: at the end of December 2020 most of the debt was made up of bonds (64,4%), the second by importance were long-term loans (29,1%), and last were short-term loans and securities (jointly 6,5%). The short-term debt was HRK 8,4 bn (or 63,1%) higher at the end of December 2020 than a year ago, while long-term debt increased by HRK 30,5 bn (or 10,9%) during the last year.
Statistical time series: Table I3 General government debt (ESA 2010).
Preliminary data; final data will be available on 22nd April 2021 after the Central Bureau of Statistics publishes its Excessive deficit procedure report for the Republic of Croatia. ↑
This debt excludes the cross claims of institutions within the same sub-sector and between sectors, the so-called Maastricht debt. ↑
Calculated as the sum of the preceding four quarterly GDP figures. ↑
The unconsolidated debt represents the Maastricht debt increased by cross claims of different units within the general government sector. ↑