Croatia Interest Rate Spread
Interest rate spread (lending rate minus deposit rate) FR.INR.LNDP
Croatia's interest rate spread was 7.23% in 2014, ranked 85th globally. This represents a 6.5% decrease from 2013. Data from World Bank, covering 1993–2014.
Overview
Croatia's interest rate spread stood at 7.23% in 2014, a decline of +0.50pp from 2013. Croatia ranked 85th globally.
Croatia’s interest‑rate spread, measured as the gap between lending and deposit rates, has fallen dramatically from an all‑time peak of 1064.30 % in 1993 to a trough of 6.32 % in 2001, reflecting the country’s transition from hyperinflationary turmoil to a more stable financial environment. By 2014 the spread stood at 7.23 %, placing Croatia at 85th in the World Bank ranking and closely matching peers such as Montenegro (7.27 %) and Nigeria (7.21 %). The steep decline over the 22‑year coverage period underscores the effectiveness of monetary reforms and integration into European financial standards, while the modest rise from the 2001 trough suggests residual market frictions and limited competition in the banking sector. Continued convergence with European Union benchmarks, deeper capital market development and further deregulation could sustain a narrowing of the spread, potentially moving Croatia’s position lower in the global ranking in the coming years.
Data & projection
| Year | Interest Rate Spread | YoY change | Rank |
|---|---|---|---|
| 2014 | 7.23% | −0.50pp | #85 |
| 2013 | 7.73% | +0.13pp | #90 |
| 2012 | 7.60% | −0.39pp | #86 |
| 2011 | 7.99% | −0.63pp | #83 |
| 2010 | 8.62% | +0.27pp | #88 |
| 2009 | 8.35% | +1.10pp | #91 |
| 2008 | 7.25% | +0.25pp | #80 |
| 2007 | 7.00% | −1.22pp | #75 |
| 2006 | 8.22% | −1.26pp | #90 |
| 2005 | 9.48% | −0.39pp | #89 |
| 2004 | 9.87% | −0.18pp | #79 |
| 2003 | 10.05% | −0.90pp | #74 |
| 2002 | 10.95% | +4.63pp | #74 |
| 2001 | 6.32% | −2.01pp | #41 |
| 2000 | 8.33% | −2.30pp | #53 |
Detected Pattern
Analysis
Croatia matched the Export Boom Cycle pattern in 2021. Historically, 71% of countries showing this pattern (546 out of 768) saw interest rate spread improve within 24 months. View full analysis →
Frequently Asked Questions
Croatia's interest rate spread was 7.23% in 2014. Ranked 85th globally. This represents a 6.5% decrease from the previous year.
Croatia's interest rate spread peaked at 1,064.30% in 1993.
The lowest interest rate spread in Croatia was 6.32% in 2001.
Croatia ranks 85th globally in interest rate spread as of 2014.
The World Bank indicator code is FR.INR.LNDP. Data sourced from World Bank.
The interest rate spread of Croatia in 2014 was 7.23%. This ranks 85th in the world.
Cite this page
@misc{historysaid_croatia_interest-rate-spread,
title = {Croatia Interest Rate Spread},
url = {https://historysaid.com/croatia/interest-rate-spread/},
publisher = {HistorySaid},
year = {2026}
}