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Croatia Trade Balance

External balance on goods and services  NE.RSB.GNFS.CD

Croatia's trade balance was $-3.5B in 2025, ranked 136th globally. This represents a 19.6% increase from 2024. Data from World Bank, covering 1995–2025.

$-3.5B +$844.2M (+19.6%)
Year 2025 Rank #136 Global Peak $579.8M (2016) Source World Bank

Croatia Trade Balance (1995–2025)

Overview

Croatia's trade balance stood at $-3.5B in 2025, a rise of +$844.2M from 2024. Based on recent trends, this figure is projected to reach $-3.5B by 2025. Croatia ranked 136th globally.

Croatia’s trade balance has remained in deficit for the entire 31‑year series, standing at –3,461,070,955.99 in 2025, which places the country 136th globally and close to peers such as Tunisia (–3,358,111,173.08) and Türkiye (–3,321,991,578.84). The most favorable position occurred in 2016 when the balance turned positive at 579,805,163.47, a brief reversal of the long‑standing shortfall. Conversely, the deepest deficit was recorded in 2008 at –6,935,689,555.26, reflecting the global financial crisis and a sharp contraction in export demand. Since the 2016 peak, the deficit has widened steadily, moving from –1,865,252,362.21 in 1995 to the current level, indicating structural reliance on imports that outpace export growth. Continued diversification of export markets and improvement of domestic production competitiveness will be essential to narrow the gap and potentially restore a surplus in the coming years.

Data & projection

Year Trade Balance YoY change Rank
2027* trend $-3.6B - -
2026* trend $-3.5B - -
2025* trend $-3.5B - -
2025 $-3.5B +$844.2M #136
2024 $-4.3B −$2.5B #32
2023 $-1.8B +$2.7B #57
2022 $-4.5B −$2.6B #45
2021 $-1.9B +$2.1B #54
2020 $-4.0B −$3.8B #35
2019 $-252.7M +$279.3M #86
2018 $-532.0M −$862.3M #86
2017 $330.4M −$249.4M #116
2016 $579.8M +$472.7M #125
2015 $107.1M +$334.9M #125
2014 $-227.8M +$957.2M #97
2013 $-1.2B −$264.3M #77
2012 $-920.7M +$136.0M #85
2011 $-1.1B −$89.6M #78
Show all years (1995-2025)
* 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 trade balance improve within 24 months. View full analysis →

Frequently Asked Questions

What is Croatia's trade balance?▾

Croatia's trade balance was $-3.5B in 2025. Ranked 136th globally. This represents a 19.6% increase from the previous year.

What was the highest trade balance in Croatia?▾

Croatia's trade balance peaked at $579.8M in 2016.

What was the lowest trade balance in Croatia?▾

The lowest trade balance in Croatia was $-6.9B in 2008.

How does Croatia rank in trade balance?▾

Croatia ranks 136th globally in trade balance as of 2025.

What is the World Bank indicator code for trade balance?▾

The World Bank indicator code is NE.RSB.GNFS.CD. Data sourced from World Bank.

What is the projected trade balance of Croatia in 2025?▾

Croatia's trade balance is projected to reach $-3.5B by 2025 based on trend extrapolation.

What is the trade balance of Croatia in 2025?▾

The trade balance of Croatia in 2025 was $-3.5B. This ranks 136th in the world.

Cite this page

APA
Croatia Trade Balance. HistorySaid. Retrieved November 1, 2026, from https://historysaid.com/croatia/trade-balance/
BibTeX
@misc{historysaid_croatia_trade-balance, title = {Croatia Trade Balance}, url = {https://historysaid.com/croatia/trade-balance/}, publisher = {HistorySaid}, year = {2026} }
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