Croatia’s gen govt debt up 2.3% y/y in March

Measured against the annual gross domestic product (GDP), the total debt at the end of March 2024 amounted to 63.3% of GDP, which is a decrease of 5.3 percentage points on an annual basis from 68.6% of GDP at the end of March 2023, the central bank said in a press release.

Compared to end-December 2023, the general government debt at the end of March was higher by 1.3 million euro, or 2.6%.

The debt-to-GDP ratio in January-March increased by 0.2 percentage points from the end of the previous quarter.

($ = 0.934 euro)