Croatia Current Account to GDP
Croatia recorded a Current Account surplus of 1.20 percent of the country's Gross Domestic Product in 2013. Current Account to GDP in Croatia averaged -4.65 Percent from 1995 until 2013, reaching an all time high of 1.20 Percent in 2013 and a record low of -10.50 Percent in 1997. Current Account to GDP in Croatia is reported by the Croatian National Bank.
||1995 - 2013
The Current account balance as a percent of GDP provides an indication on the level of international competitiveness of a country. Usually, countries recording a strong current account surplus have an economy heavily dependent on exports revenues, with high savings ratings but weak domestic demand. On the other hand, countries recording a current account deficit have strong imports, a low saving rates and high personal consumption rates as a percentage of disposable incomes. This page provides - Croatia Current Account to GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.