Croatia recorded a Current Account surplus of 4380.30 EUR Million in the third quarter of 2021. source: Croatian National Bank

Current Account in Croatia averaged -208.98 EUR Million from 1993 until 2021, reaching an all time high of 4621.30 EUR Million in the third quarter of 2019 and a record low of -2403.80 EUR Million in the first quarter of 2008. This page provides the latest reported value for - Croatia Current Account - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Croatia Current Account - data, historical chart, forecasts and calendar of releases - was last updated on January of 2022.

Current Account in Croatia is expected to be -1490.00 EUR Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Croatia Current Account is projected to trend around -420.00 EUR Million in 2023 and -220.00 EUR Million in 2024, according to our econometric models.

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Croatia Current Account

Croatia Current Account
Current Account is the sum of the balance of trade (exports minus imports of goods and services), net factor income (such as interest and dividends) and net transfer payments (such as foreign aid).
Actual Previous Highest Lowest Dates Unit Frequency
4380.30 -843.20 4621.30 -2403.80 1993 - 2021 EUR Million Quarterly
Current Prices, NSA

Calendar GMT Actual Previous Consensus TEForecast
2021-09-30 02:00 PM Q2 €-802.3M €-1298.5M
2021-12-31 10:00 AM Q3 €4380.3M €-843.2M €3100M
2022-03-31 12:00 PM Q4 €4380.3M € -160M

Related Last Previous Unit Reference
Current Account 4380.30 -843.20 EUR Million Sep/21
Current Account to GDP -0.30 3.00 percent of GDP Dec/20
Exports 14600.00 13400.00 HRK Million Nov/21
External Debt 51463.37 53431.92 USD Million Sep/21
Capital Flows 4485.80 511.50 EUR Million Sep/21
Remittances 854.20 890.70 EUR Million Jun/21
Foreign Direct Investment 617.20 120.30 EUR Million Mar/21

News Stream
Croatia Current Account Gap Widens in Q2
Croatia’s current account deficit widened to EUR 802.3 million in the second quarter of 2021 from EUR 469.6 million in the same period of 2020. The goods account gap increased to EUR 2,610 million from EUR 1,937.6 million a year ago, and the services account surplus went to EUR 1305.1 million from EUR 691 million. In addition, the primary income account shifted to a EUR 18.7 million deficit from a EUR 150.4 million surplus, while the secondary income surplus narrowed to EUR 521.2 million from EUR 626 million
Croatia Current Account Gap Slightly Narrows in Q1
Croatia’s current account deficit narrowed to EUR 1,363 million in the first quarter of 2021 from EUR 1,386 million in the same period of 2020. The goods account gap widened to EUR 2,521 million from EUR 2,515 million from a year ago and the services account surplus shrank to EUR 357 million from EUR 401 million. In addition, the primary income account recorded an EUR 82 million deficit, compared to a EUR 124 million surplus, while the secondary income surplus expanded to EUR 883 million from EUR 604 million.
Croatia Current Account Deficit Narrows in Q4
The current account deficit in Croatia narrowed to EUR 375 million in the fourth quarter of 2020 from EUR 614 million in the corresponding period of the previous year. The goods account gap shrank to EUR 2,078 million from EUR 2,436 million from a year ago, offsetting the deterioration of the services account surplus to EUR 614 million from EUR 1,086 million. In addition, primary income reversed into a surplus of EUR 200 million from a deficit of EUR 57 million, while the secondary income surplus improved to EUR 889 million from EUR 792 million. Considering the full 2020, the current account switched to a deficit of EUR 379 million from a surplus of EUR 1,520 million in 2019.