Private credit by deposit money banks to GDP in Croatia
Croatia: Private credit by deposit money banks to GDP was 54.0% in 2021. ▲ Rising
Private credit by deposit money banks to GDP in Croatia, 1995–2021
Source: International Financial Statistics (IFS), International Monetary Fund (IMF). Measured in %.
Analysis
In 2021, private credit by deposit money banks to gdp in Croatia stood at 54.0%.
The figure is down 9.7% on the previous year and down 22.1% over ten years.
Over the whole period, private credit by deposit money banks to gdp in Croatia peaked at 70.0% in 2012 and was at its lowest, 24.2%, in 1996.
That places Croatia 76th out of 187 countries with data for 2021, putting it in the middle of the range.
The long-run direction has been consistently rising across the 27 years of available data.
Private credit by deposit money banks to GDP in Croatia, year by year
| Year | % | Change |
|---|---|---|
| 1995 | 25.8% | — |
| 1996 | 24.2% | -6.4% |
| 1997 | 31.1% | +28.6% |
| 1998 | 34.5% | +11.1% |
| 1999 | 31.3% | -9.3% |
| 2000 | 31.4% | +0.3% |
| 2001 | 35.9% | +14.4% |
| 2002 | 42.7% | +18.9% |
| 2003 | 44.6% | +4.6% |
| 2004 | 47.4% | +6.1% |
| 2005 | 51.5% | +8.6% |
| 2006 | 58.0% | +12.7% |
| 2007 | 61.0% | +5.2% |
| 2008 | 63.6% | +4.3% |
| 2009 | 66.2% | +4.1% |
| 2010 | 67.6% | +2.0% |
| 2011 | 69.2% | +2.5% |
| 2012 | 70.0% | +1.1% |
| 2013 | 68.7% | -1.9% |
| 2014 | 67.3% | -2.0% |
| 2015 | 63.6% | -5.5% |
| 2016 | 59.4% | -6.6% |
| 2017 | 56.3% | -5.2% |
| 2018 | 54.6% | -3.0% |
| 2019 | 53.1% | -2.8% |
| 2020 | 59.8% | +12.5% |
| 2021 | 54.0% | -9.7% |
Croatia compared with similar countries
- Croatia's 54.0% is below the median for high income countries, which is 79.1%, 68% of the median. (62 countries reporting)
- Croatia's 54.0% is below the median for Europe & Central Asia, which is 56.3%, 96% of the median. (49 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 29.4% | 24.2% | 34.5% | 5 |
| 2000s | 50.2% | 31.4% | 66.2% | 10 |
| 2010s | 63.0% | 53.1% | 70.0% | 10 |
| 2020s | 56.9% | 54.0% | 59.8% | 2 |
Countries ranked near Croatia
- 73 Costa Rica 56.0% compare
- 74 United States of America 54.6% compare
- 75 Saudi Arabia 54.0% compare
- 77 North Macedonia 53.7% compare
- 78 Czechia 53.6% compare
- 79 El Salvador 53.1% compare
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 private credit by deposit money banks to gdp in Croatia?
- Private credit by deposit money banks to gdp in Croatia was 54.0% in 2021, according to International Financial Statistics (IFS), International Monetary Fund (IMF).
- What is the highest private credit by deposit money banks to gdp recorded in Croatia?
- The highest recorded value was 70.0% in 2012.
- What is the lowest private credit by deposit money banks to gdp recorded in Croatia?
- The lowest recorded value was 24.2% in 1996.
- How does Croatia rank for private credit by deposit money banks to gdp?
- Croatia ranks 76th out of 187 countries with data for 2021.
- Is private credit by deposit money banks to gdp rising or falling in Croatia?
- Over the last ten years it is down 22.1%. The long-run trend across the full record is rising.
- Where does this Croatia data come from?
- The figures come from International Financial Statistics (IFS), International Monetary Fund (IMF), published as part of Private credit by deposit money banks to GDP (%). Statizoid updates them automatically from the source API.
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About this data
Private credit by deposit money banks and other financial institutions to GDP, calculated using the following deflation method: {(0.5)*[Ft/P_et + Ft-1/P_et-1]}/[GDPt/P_at] where F is credit to the private sector, P_e is end-of period CPI, and P_a is average annual CPI. Raw data are from the electronic version of the IMF’s International Financial Statistics. Private credit by deposit money banks (IFS line 22d); GDP in local currency (IFS line 99B..ZF or, if not available, line 99B.CZF); end-of period CPI (IFS line 64M..ZF or, if not available, 64Q..ZF); and average annual CPI is calculated using the monthly CPI values (IFS line 64M..ZF).