Croatia: public finances

What is Croatia's budget deficit?

Croatia's general government deficit was 2,796 million euro in 2025, or 3.0% of GDP, according to the DZS Excessive Deficit Procedure Report of April 2026. In 2024 the deficit was 2,001 million euro, or 2.3% of GDP, and in 2022 the budget was in balance.

The EDP figures follow the European ESA 2010 rules and cover central and local government and social security funds. The EU reference value is a deficit of no more than 3% of GDP. DZS says the state budget's own working balance was -3,373 million euro in 2025. The report is updated every April and October.

Official sources: DZS: Excessive Deficit Procedure Report, April 2026

How much debt does Croatia have?

Croatia's general government debt was 52,371 million euro at the end of 2025, or 56.3% of GDP, according to the DZS Excessive Deficit Procedure Report. The ratio has fallen from 68.5% in 2022 and 57.4% in 2024, even though debt in euro rose.

The ratio falls when GDP grows faster than debt. The EU reference value is 60% of GDP. The figure is consolidated, so debt held by one part of government in another is netted out. The Croatian National Bank also publishes government debt statistics on its website.

Official sources: DZS: Excessive Deficit Procedure Report, April 2026

How much tax does Croatia collect?

Croatian general government collected 17,817 million euro in taxes on production and imports, such as VAT and excise duties, in 2025, up 8.1%, according to the DZS Excessive Deficit Procedure Report. Taxes on income and wealth brought in 7,333 million euro, up 8.4%, and net social contributions 11,355 million euro, up 15.4%.

These are national accounts figures, adjusted from cash receipts to the period the tax relates to. Interest paid on government debt was 1,300 million euro in 2025, 2.6% less than in 2024. Monthly cash figures for the state budget are published by the Ministry of Finance.

Official sources: DZS: Excessive Deficit Procedure Report, April 2026

What is Croatia's government debt?

The IMF puts general government gross debt in Croatia at 56.3% of GDP in 2025. Since 2005 it has ranged from 37.1% of GDP (2007) to 86.5% of GDP (2020). It is 20th highest of 51 in Europe & Central Asia, where the median is 46.9% of GDP. World rank, highest first: 85th of 185.

What is Croatia's fiscal deficit?

The latest figure from the IMF, for 2025, is -3.0% of GDP, a deficit. Its high point since 2005 was 2019, at 2.3% of GDP; its low point was 2011, at -7.5% of GDP. Europe & Central Asia median: -2.4% of GDP; Croatia is 32nd highest of 51. Worldwide: 104th of 188.

How much revenue does Croatia's government raise?

The latest figure from the IMF, for 2025, is 47.1% of GDP. It is the top of the series, which starts in 2005. It is 13th highest of 50 in Europe & Central Asia, where the median is 41.3% of GDP. Of 187 countries with 2025 data, 24th highest.

How big is Croatia's government spending as a share of GDP?

The latest figure from the IMF, for 2025, is 50.1% of GDP. Its high point since 2005 was 2020, at 53.8% of GDP; its low point was 2017, at 44.1% of GDP. Across Europe & Central Asia the middle value was 43.3% of GDP, and Croatia placed 9th highest of 50. Worldwide: 18th of 186.

What is Croatia's tax to GDP ratio?

According to the IMF, central government tax revenue in Croatia was 21.2% of GDP in 2023. Since 2005 it has ranged from 19.6% of GDP (2011) to 22.0% of GDP (2017). Across Europe & Central Asia the middle value was 19.6% of GDP, and Croatia placed 21st highest of 47. Of 110 countries with 2023 data, 32nd highest.

What is Croatia's military budget as a share of GDP?

In 2025, military spending in Croatia was 2.0% of GDP, according to SIPRI. That is the highest since at least 2005. Europe & Central Asia median: 2.0% of GDP; Croatia is 26th highest of 46. Worldwide: 59th of 149.