Croatia Government Debt To GDP

Croatia recorded a Government Debt to GDP of 55.50 percent of the countrys Gross Domestic Product in 2012. Government Debt To GDP in Croatia is reported by the Croatia National Bank. From 2001 until 2012, Croatia Government Debt To GDP averaged 39.0 Percent reaching an all time high of 55.5 Percent in December of 2012 and a record low of 29.3 Percent in December of 2008. Generally, Government debt as a percent of GDP is used by investors to measure a country ability to make future payments on its debt, thus affecting the country borrowing costs and government bond yields. This page provides - Croatia Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-21

Actual Previous Highest Lowest Forecast Dates Unit Frequency
55.50 51.60 55.50 29.30 59.60 | 2013/12 2001 - 2012 Percent Yearly

TO

Croatia Government Debt To GDP
LIST BY COUNTRY

Government Last Previous Highest Lowest Forecast Unit
Government Budget Value -1012.70 2013-11-30 -984.20 1962.80 -5537.90 -3112.30 2013-12-31 HRK Million [+]
Government Debt To GDP 55.50 2012-12-31 51.60 55.50 29.30 59.60 2013-12-31 Percent [+]
Government Spending 13591.00 2013-11-15 13105.00 17080.00 10708.00 13660.17 2014-03-31 HRK Million [+]
Government Budget -5.00 2012-12-31 -7.80 -2.09 -7.80 -4.85 2013-12-31 Percent of GDP [+]
Credit Rating 48.85 [+]
[+]


Government Debt to GDP | Notes
Government debt as a percent of GDP, also known as debt-to-GDP ratio, is the amount of national debt a country has in percentage of its Gross Domestic Product. Basically, Government debt is the money owed by the central government to its creditors. There are two types of government debt: net and gross. Gross debt is the accumulation of outstanding government debt which may be in the form of government bonds, credit default swaps, currency swaps, special drawing rights, loans, insurance and pensions. Net debt is the difference between gross debt and the financial assets that government holds. The higher the debt-to-GDP ratio, the less likely the country will pay its debt back, and more likely the country is to default on its debt obligations.


RELATED NEWS

Croatia Core Consumer Prices at 104.40 Index Points  
Core Consumer Prices in Croatia decreased to 104.40 Index Points in February of 2014 from 104.90 Index Points in January of 2014. Core Consumer Prices in Croatia is reported by the Croatian Bureau of Statistics.
Croatia Consumer Price Index (CPI) at 107.80 Index Points  
Consumer Price Index (CPI) in Croatia increased to 107.80 Index Points in March of 2014 from 107.30 Index Points in February of 2014. Consumer Price Index (CPI) in Croatia is reported by the Croatian Bureau of Statistics.
Croatia Inflation Rate at -0.40 Percent  
The inflation rate in Croatia was recorded at -0.40 percent in March of 2014. Inflation Rate in Croatia is reported by the Croatian National Bank.
Croatia Inflation Rate MoM at 0.50 Percent  
The Consumer Price Index in Croatia increased 0.50 percent in March of 2014 over the previous month. Inflation Rate Mom in Croatia is reported by the Croatian National Bank.
Croatia Current Account at -729.10 EUR Million  
Croatia recorded a Current Account deficit of 729.10 EUR Million in the fourth quarter of 2013. Current Account in Croatia is reported by the Croatian National Bank.
Croatia Employed Persons at 1387.00 Thousand  
The number of employed persons in Croatia decreased to 1387 Thousand in the fourth quarter of 2013 from 1426 Thousand in the third quarter of 2013. Employed Persons in Croatia is reported by the Croatian Bureau of Statistics.
Croatia GDP Constant Prices at 65716.00 HRK Million  
GDP Constant Prices in Croatia decreased to 65716 HRK Million in the fourth quarter of 2013 from 71563 HRK Million in the third quarter of 2013. GDP Constant Prices in Croatia is reported by the Croatian Bureau of Statistics.
Croatia Government Spending at 13591.00 HRK Million  
Government Spending in Croatia increased to 13591 HRK Million in the fourth quarter of 2013 from 13105 HRK Million in the third quarter of 2013. Government Spending in Croatia is reported by the Croatian Bureau of Statistics.
Croatia Gross Fixed Capital Formation at 13645.00 HRK Million  
Gross Fixed Capital Formation in Croatia decreased to 13645 HRK Million in November of 2013 from 14836 HRK Million in August of 2013. Gross Fixed Capital Formation in Croatia is reported by the Croatian Bureau of Statistics.
Croatia Industrial Production MoM at -2.80 Percent  
Industrial Production in Croatia decreased 2.80 percent in February of 2014 over the previous month. Industrial Production Mom in Croatia is reported by the Eurostat.
MORE RELATED NEWS

LATEST NEWS

Japanese Trade Deficit Widens in March  
Japan’s trade gap increased to a wider-than-expected ¥ 1446.3 billion in March of 2014, up from a revised ¥ 802.5 billion deficit in the previous month and a ¥ 356.9 billion gap a year earlier, as energy imports continued to rise.
Chile Leaves Monetary Policy Unchanged  
At its April 17th, 2014 meeting, Central Bank of Chile left the benchmark interest rate on hold at 4 percent, following last month's cut, citing low output and demand, but hinted possible future rate cuts, depending on domestic and external conditions.
Russia Unemployment Drops in March  
Russian jobless rate fell for the first time in four months to 5.4 percent, after remaining stable at 5.6 percent in the previous two months.
Canada Inflation Rises Above Forecasts in March  
The annual consumer prices in Canada accelerated to 1.5 percent in March of 2014 following a 1.1 increase in the previous month, as energy prices surged.
US Jobless Claims Rise Slightly  
In the week ending April 12, the advance figure for seasonally adjusted initial claims was 304,000, an increase of 2,000 from the previous week's revised level. The previous week's level was revised up by 2,000 from 300,000 to 302,000. There were no special factors impacting this week's initial claims.
Brazil Unemployment Rate Down to 5%  
In March of 2014, Brazil’s jobless rate fell by 0.1 percentage point to 5 percent, below market forecasts. A year earlier, unemployment reached 5.7 percent.
Dutch Unemployment Rate Falls for the First Time in 2014  
In March of 2014, Netherlands’ seasonally adjusted jobless rate fell to 8.7 percent from 8.8 percent in the previous month and 8.1 percent a year earlier, as more people left permanently the labor market rather than found jobs.
Singaporean Trade Surplus Narrows Sharply in March  
The trade surplus decreased 51.1 percent in March of 2014 over a year earlier and 47.2 percent from February to SGD 2.3 billion. Imports rose at a faster pace than exports, as sales of pharmaceuticals and electronics fell, while shipments of petrochemicals and re-exports contributed to overall increase.
Mozambique Leaves Lending Rate Steady at 8.25%  
At its April 16th, 2014 meeting, Bank of Mozambique left its benchmark interest rate unchanged at 8.25 percent for the sixth consecutive meeting, saying this was consistent with meeting domestic economic targets for 2014.
Spanish Trade Deficit Narrows to 4-Month Low  
In February of 2014, Spanish trade gap decreased to € 1.62 billion, down from € 2.82 billion in the previous month. Compared with the same month a year earlier, the trade deficit widened 37 percent.
MORE TOP NEWS

OVERVIEW    |     WORLBANK    |     [+] Calendar    |     [+] Countries    |     [+] Indicators    |     News