Trade Balance in Croatia
Croatia - Trade Balance
Recently released GDP data revealed that the economy gained steam in Q1, with growth accelerating to an over two-year high on the back of strong domestic demand. Despite higher unemployment, private consumption rose at the fastest clip since early 2008 as household incomes were buoyed by solid credit growth and healthy real wage gains in the quarter. Likewise, fixed investment growth surged to an over-decade high, aided by EU-linked structural funding and upbeat corporate lending. On the external front, although exports picked up noticeably, they were outpaced by imports and thus net trade weighed on the overall expansion. Going forward, available data signals that momentum was sustained at the outset of Q2. The unemployment rate dipped to a seven-month low in April while consumer confidence hit consecutive record highs in April and May, indicating that private consumption has remained resilient.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 | 1.34 | 0.0 % | Jun 14 |
| Exchange Rate | 6.59 | -0.54 % | Jun 14 |
| Stock Market | 1,900 | -0.48 % | Jun 14 |
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Economic News
Croatia: Industrial production rises solidly again in April
May 31, 2019
In April, industrial production rose a solid 3.0% in working-day adjusted terms over the same month last year, matching March’s expansion.
Croatia: Growth hits over two-year high in Q1
May 31, 2019
The economy strengthened notably at the outset of the year, according to detailed GDP data released by the Croatian Statistical Institute on 31 May.
Croatia: Inflation eases in April
May 15, 2019
Consumer prices rose 0.6% from the previous month in April, following the 1.0% increase recorded in March.
Croatia: Industrial production rises solidly in March
April 30, 2019
In March, industrial output rose a solid 3.0% in working-day adjusted terms over the same month last year, following February’s mild 0.6% expansion.
Croatia: Inflation climbs in March
April 16, 2019
Consumer prices rose 1.0% from the previous month in March, following the 0.2% increase recorded in February.
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