Trade Balance in Croatia

Croatia Trade Balance | Economic News & Forecasts

Croatia - Trade Balance

Monthly data indicates that the economy lost some steam in Q3, following solid growth in the previous quarter that was mainly driven by healthy domestic demand. After expanding modestly in Q2, the industrial sector contracted in Q3, largely owing to a drop in production of food and fabricated metal products. On the expenditure side, retail sales growth cooled in Q3 despite strong real wage increases and the tighter job market which saw the unemployment rate fall to its lowest in over two decades, pointing to somewhat weaker private consumption in the quarter. Meanwhile, available data sends mixed signals for Q4: In October, consumer sentiment deteriorated slightly from Q3’s average, while business confidence gained ground. On the fiscal front, in early November the government unveiled its 2019 budget, which projects higher revenues stemming mainly from economic growth and targets a small deficit of 0.4% of GDP.

Croatia - Trade Balance Data

2013  2014  2015  2016  2017  
Trade Balance (USD billion)-9.2  -9.1  -7.7  -8.2  -8.8  

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Croatia Trade Balance Chart

Croatia Trade
Note: Trade balance in EUR billion.
Source: Central Bureau of Statistics and Met the why particular calculations.

Croatia Facts

Bond Yield2.130.0 %Dec 14
Exchange Rate6.54-0.54 %Dec 14
Stock Market1,734-0.48 %Dec 14

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