Interest payments (% of expense) in Croatia
Croatia: Interest payments (% of expense) was 4.2% in 2023. ▲ Rising
Interest payments in Croatia, 1991–2023
Source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF). Measured in % of expense.
Analysis
The most recent figure for interest payments in Croatia is 4.2%, measured in 2023.
That represents a change of up 7.6% on the previous year and down 49.6% over ten years.
Over the whole period, interest payments in Croatia peaked at 9.1% in 2015 and was at its lowest, 0.4%, in 1991.
That places Croatia 98th out of 152 countries with data for 2023, putting it in the middle of the range.
The long-run direction has been consistently rising across the 26 years of available data.
Interest payments (% of expense) in Croatia, year by year
| Year | % of expense | Change |
|---|---|---|
| 1991 | 0.4% | — |
| 1992 | 6.5% | +1647.4% |
| 1993 | 2.8% | -57.0% |
| 1994 | 3.5% | +23.6% |
| 2002 | 4.1% | +18.3% |
| 2003 | 4.3% | +4.1% |
| 2004 | 4.6% | +8.9% |
| 2005 | 4.9% | +5.5% |
| 2006 | 4.9% | +1.1% |
| 2007 | 4.8% | -2.4% |
| 2008 | 4.9% | +1.5% |
| 2009 | 5.5% | +12.0% |
| 2010 | 5.9% | +7.1% |
| 2011 | 7.0% | +18.3% |
| 2012 | 8.1% | +16.3% |
| 2013 | 8.3% | +2.6% |
| 2014 | 8.9% | +7.4% |
| 2015 | 9.1% | +2.1% |
| 2016 | 8.8% | -3.3% |
| 2017 | 7.9% | -10.0% |
| 2018 | 6.9% | -13.4% |
| 2019 | 6.4% | -6.7% |
| 2020 | 5.0% | -21.9% |
| 2021 | 4.3% | -14.5% |
| 2022 | 3.9% | -9.1% |
| 2023 | 4.2% | +7.6% |
Croatia compared with similar countries
- Croatia's 4.2% is above the median for high income countries, which is 3.3%, 1.3× the median. (54 countries reporting)
- Croatia's 4.2% is above the median for Europe & Central Asia, which is 3.3%, 1.3× the median. (47 countries reporting)
Biggest year-on-year movements
Years where Interest payments (% of expense) in Croatia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.
| Year | Change | From | To |
|---|---|---|---|
| 1992 | +1647.4% | 0.4% | 6.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 3.3% | 0.4% | 6.5% | 4 |
| 2000s | 4.8% | 4.1% | 5.5% | 8 |
| 2010s | 7.7% | 5.9% | 9.1% | 10 |
| 2020s | 4.3% | 3.9% | 5.0% | 4 |
Countries ranked near Croatia
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Frequently asked questions
- What is interest payments in Croatia?
- Interest payments in Croatia was 4.2% in 2023, according to Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF).
- What is the highest interest payments recorded in Croatia?
- The highest recorded value was 9.1% in 2015.
- What is the lowest interest payments recorded in Croatia?
- The lowest recorded value was 0.4% in 1991.
- How does Croatia rank for interest payments?
- Croatia ranks 98th out of 152 countries with data for 2023.
- Is interest payments rising or falling in Croatia?
- Over the last ten years it is down 49.6%. The long-run trend across the full record is rising.
- Where does this Croatia data come from?
- The figures come from Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF), published as part of Interest payments (% of expense). Statizoid updates them automatically from the source API.
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About this data
Interest payments include interest payments on government debt (including long-term bonds, long-term loans, and other debt instruments) to domestic and foreign residents. This indicator is expressed as percentage of total expenses which is any decrease in net worth resulting from a transaction.