Trade Balance in Croatia

Croatia Trade Balance (EUR) | Economic News & Forecasts

Croatia - Trade Balance (Euros)

The pace of year-on-year GDP growth moderated in Q1 but remained healthy nonetheless. A faster expansion in fixed investment was more than offset by softer increases in private and public consumption. Meanwhile, the external sector contributed positively to growth, likely supported by a recovering tourism sector. Economic growth should moderate in the current quarter, partly due to a higher base of comparison. That said, rising consumer and business sentiment in April suggest that economic dynamics remain strong, although soaring inflation could be weighing on household spending. Meanwhile, in May, Fitch Ratings affirmed the country’s investment rating at 'BBB' with a positive outlook, citing a recovering tourism industry and limited exposure to the Russia-Ukraine war. Moreover, the European Commission recently praised the country’s reduction of private and public debt.

Croatia - Trade Balance (EUR) Data

2015   2016   2017   2018   2019  
Trade Balance (EUR billion)-7.1  -7.6  -8.4  -9.6  -10.3  

Sample Report

5 years of economic forecasts for more than 30 economic indicators.

Download

Croatia Trade Balance (EUR) 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

Sample Report

Get a sample report showing our regional, country and commodities data and analysis.

Download

Request a Trial

Start working with the reports used by the world’s major financial institutions, multinational enterprises & government agencies now. Click on the button below to get started.

Sign Up

Economic News

Search form