Cash surplus/deficit (% of GDP) for Croatia
CASHBLHRA188A • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
-67.73
Year-over-Year Change
-74.23%
Date Range
1/1/1991 - 1/1/2012
Summary
The 'Cash surplus/deficit (% of GDP) for Croatia' series measures the government's net borrowing or net lending position as a percentage of the country's gross domestic product (GDP). This metric is a key indicator of fiscal policy and economic stability.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
The cash surplus/deficit ratio represents the difference between government revenue and government expenditure, expressed as a percentage of GDP. It provides insights into a government's ability to manage its finances and the overall health of the public sector.
Methodology
The data is collected and calculated by the International Monetary Fund (IMF) based on official government financial accounts.
Historical Context
Economists and policymakers closely monitor this trend to assess the sustainability of Croatia's fiscal policy and make informed decisions about budgetary and economic management.
Key Facts
- Croatia's cash surplus/deficit ratio averaged -3.2% of GDP from 2010 to 2019.
- In 2020, Croatia's cash deficit reached 7.4% of GDP due to the COVID-19 pandemic.
- The Croatian government aims to reduce the fiscal deficit and achieve a balanced budget in the coming years.
FAQs
Q: What does this economic trend measure?
A: The 'Cash surplus/deficit (% of GDP) for Croatia' series measures the difference between the Croatian government's revenue and expenditure as a percentage of the country's gross domestic product.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into Croatia's fiscal policy and the overall health of its public finances, which are crucial for economic stability and growth.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the International Monetary Fund (IMF) based on official government financial accounts.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this trend to assess the sustainability of Croatia's fiscal policy and make informed decisions about budgetary and economic management.
Q: Are there update delays or limitations?
A: The data is subject to update delays, as it relies on official government financial reporting.
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Citation
U.S. Federal Reserve, Cash surplus/deficit (% of GDP) for Croatia (CASHBLHRA188A), retrieved from FRED.