Trade Balance in Croatia
Croatia - Trade Balance
Healthy economic activity seems to have held up in the third quarter, following a solid second-quarter expansion that was chiefly driven by external demand. The labor market continued to improve, reflected by the unemployment rate hitting all-time lows in July and again in August. Despite inflation firming up recently, robust gains in nominal wages have propped up real household incomes, likely contributing to the modest rise in annual retail sales growth in July. Although the number of tourist arrivals dropped slightly in year-on-year terms in the same month, they rose solidly on aggregate in January through July, pointing to another record year for tourist visits. Meanwhile, on 21 September, S&P Global Ratings revised Croatia’s credit rating outlook from stable to positive, owing to their expectations that the economy will continue to strengthen and its fiscal and debt metrics improve.Croatia - Trade Balance Data
| 2013 | 2014 | 2015 | 2016 | 2017 | |
|---|---|---|---|---|---|
| Trade Balance (USD billion) | -9.2 | -9.1 | -7.7 | -8.2 | -8.8 |
Croatia Trade Balance Chart
Source: Central Bureau of Statistics and Met the why particular calculations.
Croatia Facts
| Value | Change | Date | |
|---|---|---|---|
| Bond Yield | 2.16 | 0.0 % | Oct 16 |
| Exchange Rate | 6.41 | -0.54 % | Oct 16 |
| Stock Market | 1,777 | -0.48 % | Oct 16 |
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Economic News
Croatia: Inflation dips in September
October 16, 2018
Consumer prices rose 0.8%—a one-year high—from the previous month in September, following the flat reading recorded in August.
Croatia: Industrial production contracts again in August
September 28, 2018
In August, industrial output fell 1.0% in working-day adjusted terms over the same month last year, deteriorating further than the 0.9% drop recorded in July. August’s dip was largely driven by a sharper decline in manufacturing output compared to the previous month.
Croatia: Inflation holds steady in August
September 14, 2018
Consumer prices were unchanged from the previous month in August, contrasting the 0.9% drop recorded in July.
Croatia: Industrial production declines in July
September 3, 2018
In July, industrial output fell 0.9% in working-day adjusted terms over the same month last year, contrasting the 3.1% rise recorded in June. July’s dip was largely driven by a drop in manufacturing output, which had expanded in the previous month.
Croatia: Economic growth picks up in Q2
August 31, 2018
The Croatian economy gained momentum in the second quarter, according to detailed GDP data released by the Statistical Institute on 31 August.
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