A member’s quota in the IMF determines, in particular, the amount of its subscription, its voting weight, its access to IMF financing, and its allocation of SDRs.
Croatia: Key Macroeconomic Indicators, 1999-2003
|Output and prices|
|CPI inflation (average)||4.1||6.2||4.9||2.4||3,0|
|CP1 inflation (end of period)||4.4||7.4||2.6||3.5||2.1|
|(In percent of GDP)|
|Savings and investment|
|Gross national savings||18.6||19.4||19.8||21.5||23.0|
|Gross domestic investment||25.7||21.8||23.6||25.1||26.6|
|General government operations|
|Revenue and grants||48.4||46.2||44.7||45.4||45.0|
|Expenditure and net lending||56.6||52.7||51.5||51.5||50.0|
|Privatization receipts 1/||4.9||3.1||3.7||2.0||1.2|
|Domestic borrowing (including arrears)||0.0||-0.8||1.1||0.4||2.2|
|(End of period; change in percent)|
|Money and credit|
|Credit to the nongovernment sector||…||9.4||24.5||29.8||13.7|
|(End of period; in percent)|
|Average deposit rate||4.3||3.4||2.8||1.7 4/||…|
|Average credit rate||13.5||10.5||9.5||13.0 4/||…|
|(In millions of U.S. dollars)|
|Balance of payments|
|Current account balance||-1,398||-439||-740||-800||-893|
|(In percent of GDP)||-7.0||-2.4||-3.8||-3.6||-3.6|
|Capital and financial account||2786||1,814||2,503||3,166||1,465|
|(End of period; in millions of U.S. dollars)|
|Debt and reserves|
|Gross official reserves||3,025||3,525||4,704||5,706||6,278|
|In months of following year’s imports of goods and NFS||4.7||5.3||5.6|
|Gross usable international reserves 2/||2,249||2,629||3,653||4,547||5,038|
|In months of following year’s imports of goods and NFS||3.7||4.3||4.5|
|As a percentage of short-term debt 3/||125||123||171||307||260|
|External debt service to exports ratio (in percent)||21.0||23.5||23.1||25.3||17.4|
|Public debt (in percent of GDP)||47.8||53.2||55.1||57.5||57.2|
|Of which: External||29.1||33.7||33.0||33.3||32.4|
|Total external debt (in percent of GDP)||49.6||59.7||57.5||61.7||59.0|
In 2000, includes 0.5 percent of GDP in back taxes.
Gross reserves adjusted downward by foreign currency rcdeposit requirements held at the CNB, and by the amount of outstanding foreign currency CNB bills.
On a remaining maturity basis. Coverage is limited to short-term debt contracts registered with the CNB.
October. A change in methodology has introduced a break in the series as of January 2002.