April 2 (SeeNews) - Croatia’s gross external debt reached 64 billion euro ($68.7 billion) at the end of 2023, increasing by 1.5 billion euro compared to the end of September, the central bank said.
Gross external debt was equivalent to 84.4% of Croatia’s gross domestic product at the end of December, the central bank said in a press release last Friday.
General government made a relatively modest contribution to the growth of gross external debt in the last quarter of 2023 compared to the third quarter, of 400 million euro, while all other sectors recorded a fall in foreign debt, the central bank said.
The country’s gross external debt totalled 49.8 billion euro at the end of 2022.
Details on Croatia's foreign debt follow (in billions of euro):
|
December 2023 |
September 2023 |
December 2022 |
General government |
17.6 |
17.2 |
18.8 |
Central bank |
19.8 |
16.1 |
4.2 |
Other monetary financial institutions |
4.6 |
5.3 |
5.2 |
Other sectors |
13.2 |
13.6 |
12.2 |
Direct investments |
8.9 |
10.2 |
9.5 |
Total |
64 |
62.5 |
49.8 |
($ = 0.932 euro)