Croatia’s general government debt reaches 91.3 pct of GDP in March 2021

NEWS 30.06.202113:18 0 komentara
Igor Kralj/PIXSELL

The general government debt in March 2021 was 340 billion kuna (€45.4 billion), or 91.3 percent of GDP, a year-on-year increase of 17.6 percentage points from March 2020, state agency Hina reported, citing data released by the central bank on Wednesday. Pročitaj više

The consolidated government debt, totaling 340 billion kuna (€45.4 billion), increased since December 2020 by 10.3 billion kuna (€1.4 billion), or 3.1 percent. Year-on-year, compared to the end of March 2020, the debt rose by 41.5 billion kuna (€5.5 billion), or 13.9 percent.

The increase is due mostly to the foreign debt component, which in Q1 2021 increased by 15.6 billion kuna (€2 billion, up by 14.7 percent) and over the past year by 21.3 billion kuna (€2.8 billion, up by 21.2 percent), the central bank said.

The external debt of the general government at the end of March 2021 totaled 121.6 billion kuna (€16.2 billion).

The domestic debt of the general government at the end of March this year amounted to 218.4 billion kuna (€29 billion), 2.4 percent or 5.3 billion kuna (€700 million) down from the end of 2020. However, year-on-year, it rose by 20.3 billion kuna (€2.7 billion) or 10.2 percent.

(€1 = 7.49 kuna)

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