Trade Balance in Croatia

Croatia Trade Balance | Economic News & Forecasts

Croatia - Trade Balance

Economic activity likely continued to ease in the fourth quarter of last year. Industrial output growth slowed on average in October and November compared to the prior quarter, while cooling business confidence in the same period suggests that private sector activity moderated. Household spending likely also lost steam in the final months of the year. Retail sales expanded at a notably softer pace in October–November, which was likely influenced by an uptick in the unemployment rate through November, and markedly higher inflation in the same period: Price pressures reached an over eight-year high in November. Furthermore, consumer sentiment deteriorated in the first two months of the quarter. Meanwhile, Croatia entered a fourth wave of Covid-19 in late December, with the more transmissible Omicron variant fueling the country’s highest-ever case count in early January.

Croatia - Trade Balance Data

2015   2016   2017   2018   2019  
Trade Balance (USD billion)-7.7  -8.2  -8.8  -10.9  -10.6  

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Croatia Trade Balance Chart


Croatia Trade
Note: Trade balance in EUR billion.
Source: Central Bureau of Statistics and FocusEconomics calculations.

Croatia Facts

Value Change Date
Bond Yield0.670.0 %Dec 31
Exchange Rate6.64-0.54 %Jan 01

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