Government gross debt in Croatia

International Monetary Fund · Annual · Importance

IMF forecast (WEO): 2026: 56.3% 2027: 56.5% 2028: 56.7% 2029: 57.3% 2030: 57.5% 2031: 57.8%

30.0 (1999) ANUAL · % of GDP · Annual · CSV

Period	% of GDP
Jan 1999	30.0
Jan 1998	23.3

About this indicator

Source

International Monetary Fund

Frequency

Annual

Release

Published annually (with quarterly advance estimates in some economies), subject to revision with the national accounts.

What it is

Government gross debt measures the total outstanding liabilities of Croatia's general government owed to its creditors. It is reported in absolute terms and, above all, as a share of GDP to gauge the sustainability of the public finances.

How it's calculated

Eurostat and Croatia's statistics office compile it as Maastricht (Excessive Deficit Procedure) debt: debt securities, loans and deposits of general government, consolidated across sub-sectors and measured at nominal value. The ratio divides the stock by GDP and is released quarterly and annually.

Market implications

As a euro-area member, a high or rising debt level in Croatia pushes up its sovereign spread, funding costs and constrains fiscal room. It is a key reference for the ECB, bond investors and rating agencies.

Limitations

It is a low-frequency figure that is revised alongside the national accounts. The ratio depends on both the debt stock and nominal GDP, so it can shift on growth or inflation without any change in actual borrowing.