Trade Balance in Croatia

Croatia Trade Balance | Economic News & Forecasts

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  

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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 Yield2.160.0 %Oct 16
Exchange Rate6.41-0.54 %Oct 16
Stock Market1,777-0.48 %Oct 16

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