Government Spending in Croatia increased to 20252 HRK Million in the second quarter of 2021 from 18662 HRK Million in the first quarter of 2021. source: Croatian Bureau of Statistics

Government Spending in Croatia averaged 16460.37 HRK Million from 2000 until 2021, reaching an all time high of 20252 HRK Million in the second quarter of 2021 and a record low of 12514 HRK Million in the third quarter of 2001. This page provides - Croatia Government Spending - actual values, historical data, forecast, chart, statistics, economic calendar and news. Croatia Government Spending - values, historical data and charts - was last updated on September of 2021.

Government Spending in Croatia is expected to be 21090.00 HRK Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Croatia Government Spending is projected to trend around 21938.00 HRK Million in 2022 and 22377.00 HRK Million in 2023, according to our econometric models.

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Croatia Government Spending

Actual Previous Highest Lowest Dates Unit Frequency
20252.00 18662.00 20252.00 12514.00 2000 - 2021 HRK Million Quarterly
Constant Prices, NSA

Croatia Government Last Previous Highest Lowest Unit
Government Debt to GDP 88.70 72.80 88.70 22.40 percent of GDP [+]
Government Budget -7.40 0.30 2.00 -8.00 percent of GDP [+]
Government Budget Value -4409.00 -7746.00 5156.00 -10911.00 HRK Million [+]
Government Spending 20252.00 18662.00 20252.00 12514.00 HRK Million [+]
Government Spending to GDP 55.40 47.20 55.40 45.30 percent of GDP [+]
Government Revenues 45344.00 50288.00 50288.00 18203.00 HRK Million [+]
Government Debt 337141.30 339962.60 339962.60 26042.90 HRK Million [+]
Fiscal Expenditure 49753.00 58034.00 58034.00 19957.00 HRK Million [+]
Military Expenditure 1031.00 1002.00 2965.00 837.00 USD Million [+]
Credit Rating 51.00 [+]
Asylum Applications 150.00 125.00 395.00 5.00 persons [+]

Croatia Government Spending
Government Spending refers to public expenditure on goods and services and is a major component of the GDP. Government spending policies like setting up budget targets, adjusting taxation, increasing public expenditure and public works are very effective tools in influencing economic growth.