Financial Development Index in Croatia
Croatia: Financial Development Index was 0.4784 in 2020. ◆ Volatile
Financial Development Index in Croatia, 1980–2020
Source: International Monetary Fund.
Analysis
In 2020, financial development index in Croatia stood at 0.4784.
The figure is down 0.4% on the previous year and down 0.4% over ten years.
Over the whole period, financial development index in Croatia peaked at 0.5201 in 2007 and was at its lowest, 0, in 1980.
Croatia ranks 42nd of 183 countries on this measure, in the top quarter.
The series is highly variable year to year, so single readings are best treated with caution.
Financial Development Index in Croatia, year by year
| Year | Value | Change |
|---|---|---|
| 1980 | 0 | — |
| 1981 | 0 | — |
| 1982 | 0 | — |
| 1983 | 0 | — |
| 1984 | 0 | — |
| 1985 | 0 | — |
| 1986 | 0 | — |
| 1987 | 0 | — |
| 1988 | 0 | — |
| 1989 | 0 | — |
| 1990 | 0 | — |
| 1991 | 0 | — |
| 1992 | 0.2417 | — |
| 1993 | 0.2477 | +2.5% |
| 1994 | 0.2112 | -14.7% |
| 1995 | 0.2635 | +24.7% |
| 1996 | 0.2321 | -11.9% |
| 1997 | 0.2553 | +10.0% |
| 1998 | 0.2527 | -1.0% |
| 1999 | 0.2663 | +5.4% |
| 2000 | 0.2989 | +12.2% |
| 2001 | 0.3167 | +6.0% |
| 2002 | 0.343 | +8.3% |
| 2003 | 0.3605 | +5.1% |
| 2004 | 0.3968 | +10.1% |
| 2005 | 0.4022 | +1.4% |
| 2006 | 0.4672 | +16.2% |
| 2007 | 0.5201 | +11.3% |
| 2008 | 0.4672 | -10.2% |
| 2009 | 0.4745 | +1.6% |
| 2010 | 0.4801 | +1.2% |
| 2011 | 0.4778 | -0.5% |
| 2012 | 0.4917 | +2.9% |
| 2013 | 0.4856 | -1.2% |
| 2014 | 0.4859 | +0.1% |
| 2015 | 0.4783 | -1.6% |
| 2016 | 0.4927 | +3.0% |
| 2017 | 0.4926 | -0.0% |
| 2018 | 0.4812 | -2.3% |
| 2019 | 0.4805 | -0.1% |
| 2020 | 0.4784 | -0.4% |
Croatia compared with similar countries
- Croatia's 0.4784 is below the median for high income countries, which is 0.4828, 99% of the median. (62 countries reporting)
- Croatia's 0.4784 is above the median for Europe & Central Asia, which is 0.4521, 1.1× the median. (47 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1980s | 0 | 0 | 0 | 10 |
| 1990s | 0.197 | 0 | 0.2663 | 10 |
| 2000s | 0.4047 | 0.2989 | 0.5201 | 10 |
| 2010s | 0.4846 | 0.4778 | 0.4927 | 10 |
| 2020s | 0.4784 | 0.4784 | 0.4784 | 1 |
Countries ranked near Croatia
More financial sector data for Croatia
- Reserve position in the IMF, US dollar, annual growth rate -2.8 % change on previous year (2024)
- Reserve position in the IMF, US dollar, per unit of GDP 0.0005 units per US$ of GDP (2025)
- Reserve position in the IMF, US dollar, per capita 12.53 units per person (2025)
- Reserve position in the IMF, SDR, annual growth rate 0 % change on previous year (2024)
- Reserve position in the IMF, SDR, per unit of GDP 0.0003 units per US$ of GDP (2025)
- Reserve position in the IMF, SDR, per capita 9.15 units per person (2025)
- Reserve tranche position, US dollar, annual growth rate -2.8 % change on previous year (2024)
- Reserve tranche position, US dollar, per unit of GDP 0.0005 units per US$ of GDP (2025)
- Reserve tranche position, US dollar, per capita 12.53 units per person (2025)
- Reserve tranche position, SDR, annual growth rate 0 % change on previous year (2024)
Frequently asked questions
- What is financial development index in Croatia?
- Financial development index in Croatia was 0.4784 in 2020, according to International Monetary Fund.
- What is the highest financial development index recorded in Croatia?
- The highest recorded value was 0.5201 in 2007.
- What is the lowest financial development index recorded in Croatia?
- The lowest recorded value was 0 in 1980.
- How does Croatia rank for financial development index?
- Croatia ranks 42nd out of 183 countries with data for 2020.
- Is financial development index rising or falling in Croatia?
- Over the last ten years it is down 0.4%. The long-run trend across the full record is volatile.
- Where does this Croatia data come from?
- The figures come from International Monetary Fund, published as part of Financial Development Index. Statizoid updates them automatically from the source API.
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About this data
The dataset contains nine indices that summarize how developed financial institutions and financial markets are in terms of their depth, access, and efficiency. These indices are aggregated into an overall index of financial development. With the coverage of over 180 countries on annual frequency from 1980 onwards, the database should offer a useful analytical tool for researchers and policy makers.