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Croatia Government Debt to GDP

General government gross debt as % of GDP  GGXWDG_NGDP

Croatia's government debt to gdp was 57.00% in 2025, ranked 86th globally. This represents a 1.0% decrease from 2024. Data from IMF WEO, covering 1998–2025.

57.00% −0.57% (-1.0%)
Year 2025 Rank #86 Global Peak 86.47% (2020) Source IMF WEO

Croatia Government Debt to GDP (1998–2025)

Overview

Croatia's government debt to gdp stood at 57.00% in 2025, a decline of +0.57% from 2024. The IMF projects 57.00% by 2025. Croatia ranked 86th globally.

Croatia's government debt to GDP ratio has exhibited significant fluctuations over the past 28 years, with the all-time peak occurring in 2020 at 86.47. This sharp increase was largely driven by the country's response to the COVID-19 pandemic, which necessitated substantial fiscal outlays. Conversely, the all-time trough occurred in 1998 at 23.33, a period characterized by relative economic stability. As of 2025, Croatia's debt to GDP ratio stands at 56.99, ranking 86th globally. Notably, Lesotho's ratio closely mirrors Croatia's, standing at 57.05. The stark contrast between the peak and trough values underscores the country's vulnerability to economic shocks. A sustained recovery in economic growth, coupled with prudent fiscal management, would be necessary to stabilize Croatia's debt trajectory and potentially reduce its reliance on external financing.

Data & projection

Year Government Debt to GDP YoY change Rank
2030* IMF 59.35% - -
2029* IMF 59.06% - -
2028* IMF 58.65% - -
2027* IMF 58.04% - -
2026* IMF 57.41% - -
2025* IMF 57.00% - -
2025 57.00% −0.57% #86
2024 57.56% −4.27% #102
2023 61.83% −6.72% #115
2022 68.54% −9.66% #126
2021 78.20% −8.27% #137
2020 86.47% +15.59% #146
2019 70.88% −1.96% #144
2018 72.85% −3.32% #148
2017 76.17% −3.08% #153
2016 79.26% −3.51% #155
2015 82.77% −0.46% #160
2014 83.22% +3.74% #163
2013 79.48% +10.63% #162
2012 68.85% +5.72% #156
2011 63.13% +6.33% #148
Show all years (1998-2025)
* IMF World Economic Outlook projection

Detected Pattern

Export Boom Cycle
Current account surplus with strong export growth (>15% YoY), reserve accumulation, and moderate GDP growth. Typical of commodity exporters during price surges.
Reserves YoY +21.7% GDP growth 12.6% C/A balance 0.8%
Occurred 768 times, 546 successful
Reserves YoY
+25.6%
GDP growth
4.0%
C/A balance
14.5%
Reserves YoY
+14.6%
GDP growth
3.7%
C/A balance
2.9%
Reserves YoY
+12.8%
GDP growth
43.8%
C/A balance
16.4%
Reserves YoY
+12.6%
GDP growth
6.0%
C/A balance
0.5%
Reserves YoY
+38.3%
GDP growth
5.0%
C/A balance
1.2%
Reserves YoY
+18.0%
GDP growth
2.9%
C/A balance
3.9%

Analysis

Croatia matched the Export Boom Cycle pattern in 2021. Historically, 71% of countries showing this pattern (546 out of 768) saw government debt to gdp improve within 24 months. View full analysis →

The provided news headline discusses protests in France and Italy, and a potential train line shutdown in Spain. It contains no information or developments related to Croatia's economy, its government, or its current Government Debt to GDP ratio of 57.00%. Therefore, these news developments do not relate to Croatia's government debt.

Frequently Asked Questions

What is Croatia's government debt to gdp?▾

Croatia's government debt to gdp was 57.00% in 2025. Ranked 86th globally. This represents a 1.0% decrease from the previous year.

What was the highest government debt to gdp in Croatia?▾

Croatia's government debt to gdp peaked at 86.47% in 2020.

What was the lowest government debt to gdp in Croatia?▾

The lowest government debt to gdp in Croatia was 23.33% in 1998.

How does Croatia rank in government debt to gdp?▾

Croatia ranks 86th globally in government debt to gdp as of 2025.

What is the World Bank indicator code for government debt to gdp?▾

The World Bank indicator code is GGXWDG_NGDP. Data sourced from IMF WEO.

What is the projected government debt to gdp of Croatia in 2025?▾

Croatia's government debt to gdp is projected to reach 57.00% by 2025 based on IMF projection.

What is the government debt to gdp of Croatia in 2025?▾

The government debt to gdp of Croatia in 2025 was 57.00%. This ranks 86th in the world.

Cite this page

APA
Croatia Government Debt to GDP. HistorySaid. Retrieved October 31, 2026, from https://historysaid.com/croatia/government-debt-to-gdp/
BibTeX
@misc{historysaid_croatia_government-debt-to-gdp, title = {Croatia Government Debt to GDP}, url = {https://historysaid.com/croatia/government-debt-to-gdp/}, publisher = {HistorySaid}, year = {2026} }

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