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Croatia Foreign Reserves

Total reserves including gold  FI.RES.TOTL.CD

Croatia's foreign reserves was $-1.9B in 2025, ranked 167th globally. This represents a 157.9% decrease from 2024. Data from World Bank, covering 1992–2025.

$-1.9B −$5.3B (-157.9%)
Year 2025 Rank #167 Global Peak $29.7B (2022) Source World Bank

Croatia Foreign Reserves (1992–2025)

Overview

Croatia's foreign reserves stood at $-1.9B in 2025, a decline of +$5.3B from 2024. Based on recent trends, this figure is projected to reach $-1.9B by 2025. Croatia ranked 167th globally.

Croatia's foreign reserves have exhibited significant fluctuations over the past 34 years. Starting from 166.8 million in 1992, the country's reserves surged to an all-time peak of 29.7 billion in 2022, a substantial increase that reflected a period of economic growth and stability. Conversely, the latest figure of -1.93 billion in 2025 indicates a sharp decline, placing Croatia at rank 167 globally. This trend is comparable to that of South Sudan, which ranks 165 with reserves of -65.5 billion. Croatia's foreign reserves have thus spanned a vast range, underscoring the country's susceptibility to economic shocks and exchange rate volatility. The decline may be attributed to factors such as a weakening currency, trade deficits, or capital outflows. A stabilization of the country's economy and currency is crucial for reversing this trend, with a potential shift towards a more robust fiscal policy and strategic investment in foreign exchange reserves.

Data & projection

Year Foreign Reserves YoY change Rank
2027* trend $-14.9B - -
2026* trend $-8.4B - -
2025* trend $-1.9B - -
2025 $-1.9B −$5.3B #167
2024 $3.3B +$159.3M #100
2023 $3.2B −$26.6B #109
2022 $29.7B +$1.4B #57
2021 $28.3B +$5.1B #58
2020 $23.3B +$2.5B #59
2019 $20.8B +$779.3M #59
2018 $20.0B +$1.2B #59
2017 $18.8B +$4.6B #58
2016 $14.2B −$722.5M #64
2015 $15.0B −$456.7M #63
2014 $15.4B −$2.3B #63
2013 $17.8B +$3.0B #57
2012 $14.8B +$323.3M #59
2011 $14.5B +$351.3M #60
Show all years (1992-2025)
* Linear trend extrapolation

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 foreign reserves improve within 24 months. View full analysis →

Frequently Asked Questions

What is Croatia's foreign reserves?▾

Croatia's foreign reserves was $-1.9B in 2025. Ranked 167th globally. This represents a 157.9% decrease from the previous year.

What was the highest foreign reserves in Croatia?▾

Croatia's foreign reserves peaked at $29.7B in 2022.

What was the lowest foreign reserves in Croatia?▾

The lowest foreign reserves in Croatia was $-1.9B in 2025.

How does Croatia rank in foreign reserves?▾

Croatia ranks 167th globally in foreign reserves as of 2025.

What is the World Bank indicator code for foreign reserves?▾

The World Bank indicator code is FI.RES.TOTL.CD. Data sourced from World Bank.

What is the projected foreign reserves of Croatia in 2025?▾

Croatia's foreign reserves is projected to reach $-1.9B by 2025 based on trend extrapolation.

What is the foreign reserves of Croatia in 2025?▾

The foreign reserves of Croatia in 2025 was $-1.9B. This ranks 167th in the world.

Cite this page

APA
Croatia Foreign Reserves. HistorySaid. Retrieved November 11, 2026, from https://historysaid.com/croatia/reserves/
BibTeX
@misc{historysaid_croatia_reserves, title = {Croatia Foreign Reserves}, url = {https://historysaid.com/croatia/reserves/}, publisher = {HistorySaid}, year = {2026} }
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