Current account balance in Croatia
Croatia: Current account balance was -2.1% in 2024. ◆ Volatile
Current account balance in Croatia, 1993–2024
Source: Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of GDP.
Analysis
In 2024, current account balance in Croatia stood at -2.1%.
Compared with earlier readings it is down 379.6% on the previous year and down 627.5% over ten years.
Over the whole period, current account balance in Croatia peaked at 6.2% in 1993 and was at its lowest, -10.9%, in 2008.
That places Croatia 107th out of 200 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Current account balance in Croatia, year by year
| Year | % of GDP | Change |
|---|---|---|
| 1993 | 6.2% | — |
| 1994 | 5.1% | -17.0% |
| 1995 | -6.3% | -223.8% |
| 1996 | -4.5% | -28.6% |
| 1997 | -10.3% | +128.8% |
| 1998 | -5.3% | -48.8% |
| 1999 | -6.3% | +19.5% |
| 2000 | -1.5% | -75.8% |
| 2001 | -2.2% | +46.6% |
| 2002 | -6.2% | +177.5% |
| 2003 | -9.1% | +46.6% |
| 2004 | -6.1% | -32.5% |
| 2005 | -7.5% | +22.5% |
| 2006 | -7.9% | +4.6% |
| 2007 | -8.0% | +1.7% |
| 2008 | -10.9% | +36.3% |
| 2009 | -6.6% | -40.0% |
| 2010 | -2.5% | -61.6% |
| 2011 | -1.7% | -34.0% |
| 2012 | -0.4% | -78.3% |
| 2013 | -0.9% | +137.7% |
| 2014 | 0.4% | -145.8% |
| 2015 | 2.8% | +615.4% |
| 2016 | 2.5% | -12.5% |
| 2017 | 4.1% | +64.5% |
| 2018 | 1.2% | -69.9% |
| 2019 | 2.6% | +116.6% |
| 2020 | -0.8% | -130.1% |
| 2021 | 0.8% | -201.7% |
| 2022 | -3.7% | -555.6% |
| 2023 | 0.7% | -120.2% |
| 2024 | -2.1% | -379.6% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | -3.1% | -10.3% | 6.2% | 7 |
| 2000s | -6.6% | -10.9% | -1.5% | 10 |
| 2010s | 0.8% | -2.5% | 4.1% | 10 |
| 2020s | -1.0% | -3.7% | 0.8% | 5 |
Countries ranked near Croatia
More economy & growth data for Croatia
- Gross capital formation (constant 2015 US$), annual growth rate 8.42 % change on previous year (2025)
- Gross capital formation (constant 2015 US$), per unit of GDP 0.1572 constant 2015 US$ per US$ of GDP (2025)
- Gross capital formation (constant 2015 US$), per capita 4,262 constant 2015 US$ per person (2025)
- Imports of goods and services (current US$), annual growth rate 9.37 % change on previous year (2025)
- Imports of goods and services (current US$), per unit of GDP 0.5301 current US$ per US$ of GDP (2025)
- Imports of goods and services (current US$), per capita 14,369 current US$ per person (2025)
- Imports of goods and services (current LCU), annual growth rate 4.76 % change on previous year (2025)
- Imports of goods and services (current LCU), per unit of GDP 0.4692 current LCU per US$ of GDP (2025)
- Imports of goods and services (current LCU), per capita 12,716 current LCU per person (2025)
- Imports of goods and services (constant 2015 US$), annual growth rate 2.78 % change on previous year (2025)
Frequently asked questions
- What is current account balance in Croatia?
- Current account balance in Croatia was -2.1% in 2024, according to Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest current account balance recorded in Croatia?
- The highest recorded value was 6.2% in 1993.
- What is the lowest current account balance recorded in Croatia?
- The lowest recorded value was -10.9% in 2008.
- How does Croatia rank for current account balance?
- Croatia ranks 107th out of 200 countries with data for 2024.
- Is current account balance rising or falling in Croatia?
- Over the last ten years it is down 627.5%. The long-run trend across the full record is volatile.
- Where does this Croatia data come from?
- The figures come from Balance of Payments Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Current account balance (% of GDP). Statizoid updates them automatically from the source API.
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About this data
Balance of current transactions (transactions in goods and services, earned income and transfer income) between residents and non-residents. The term current account balance is used in the external accounts and is expressed from the perspective of resident units. The term current external balance is used in the national accounts and is expressed from the perspective of the non-resident units, and therefore with the opposite sign. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.