International Reserves in Croatia

Croatia International Reserves | Economic News & Forecasts

Croatia - International Reserves

Growth likely picked up in the third quarter, after having lost momentum in the second quarter amid weaker domestic and external demand. Credit growth accelerated in August and the unemployment rate fell to a new record low in September. This, coupled with solid wage gains in July–August and improved consumer sentiment in September, hint at strengthened private consumption. Moreover, the performance of the industrial sector improved in July-August compared to Q2 and confidence in the sector increased in Q3, suggesting more upbeat business activity. On the external front, tourism arrivals rebounded strongly in August. Meanwhile, on 22 October, the European Commission gave Croatia the green light to join the Schengen area, more than four years after applying for membership. If all EU countries accept Croatia as a member, the country’s tourism industry should likely benefit from the removal of cross-border controls for the movement of people.

Croatia - International Reserves Data

2013  2014  2015  2016  2017  
International Reserves (EUR)12.9  12.7  13.7  13.5  15.7  

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Croatia International Reserves Chart


Croatia International Reserves
Note: International reserves in months of imports.
Source: Crotia Central Bank and FocusEconomics calculations.

Croatia Facts

ValueChangeDate
Bond Yield0.620.0 %Sep 04
Exchange Rate6.71-0.54 %Sep 04
Stock Market1,869-0.48 %Sep 04

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