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The Croatian economy

(USD millions)
1999
2000
2001
2002
2003(e)
2004(f)
Economic growth (%)
-0.9
2.9
3.8
5.2
4.2
4.5
Inflation (%)
4.1
6.2
4.9
2.2
2.3
2.6
Public-sector balance (%GDP)
-8.2
-6.5
-6.8
-4.8
-4.6
-4.5
Unemployment rate (%)
20.8
22.6
23.1
22.0
n/a
n/a
Exports
4,395
4,567
4,759
4,995
5,861
6,090
Imports
7,693
7,771
8,860
10,274
11,883
12,394
Trade balance
-3,299
-3,204
-4,101
-5,279
-6,022
-6,304
Current account balance
-1,397
-459
-725
-1,547
-1,502
-1,569
Current account balance (%GDP)
-7.0
-2.5
-3.7
-6.9
-5.5
-5.3
Foreign debt
9,976
11,079
11,641
15,616
17,483
18,819
Debt service (%Exports)
18.3
19.1
21.7
23.8
18.1
18.0
Currency reserves (import months)
3.5
4.1
4.8
5.2
5.1
5.1

(e) estimated (f) forecast

Source: Cofacerating

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