Abstract
2019 Article IV Consultation-Press Release and Staff Report
Fund Relations
(As of December 31, 2019)
Membership Status: Joined: December 14, 1992; Article VIII
| General Resources Account: | SDR Million | %Quota |
|---|---|---|
| Quota | 717.4 | 100.00 |
| Fund holdings of currency (Exchange Rate) | 717.14 | 99.96 |
| Reserve Tranche Position | 0.27 | 0.04 |
| General Resources Account: | SDR Million | %Quota |
|---|---|---|
| Quota | 717.4 | 100.00 |
| Fund holdings of currency (Exchange Rate) | 717.14 | 99.96 |
| Reserve Tranche Position | 0.27 | 0.04 |
| SDR Department: | SDR Million | %Allocation |
|---|---|---|
| Net cumulative allocation | 347.34 | 100.00 |
| Holdings | 303.85 | 87.48 |
| SDR Department: | SDR Million | %Allocation |
|---|---|---|
| Net cumulative allocation | 347.34 | 100.00 |
| Holdings | 303.85 | 87.48 |
Outstanding Purchases and Loans: None
Latest Financial Arrangements:
| Type | Date of Arrangement | Expiration Date | Amount Approved (SDR Million) | Amount Drawn (SDR Million) |
|---|---|---|---|---|
| Stand-By | Aug 04, 2004 | Nov 15, 2006 | 99.00 | 0.00 |
| Stand-By | Feb 03, 2003 | Apr 02, 2004 | 105.88 | 0.00 |
| Stand-By | Mar 19, 2001 | May 18, 2002 | 200.00 | 0.00 |
| Type | Date of Arrangement | Expiration Date | Amount Approved (SDR Million) | Amount Drawn (SDR Million) |
|---|---|---|---|---|
| Stand-By | Aug 04, 2004 | Nov 15, 2006 | 99.00 | 0.00 |
| Stand-By | Feb 03, 2003 | Apr 02, 2004 | 105.88 | 0.00 |
| Stand-By | Mar 19, 2001 | May 18, 2002 | 200.00 | 0.00 |
Projected Payments to Fund1 (SDR Million; based on existing use of resources and present holdings of SDRs):
| Forthcoming | |||||
|---|---|---|---|---|---|
| 2020 | 2021 | 2022 | 2023 | 2024 | |
| Principal | |||||
| Charges/Interest | 0.33 | 0.33 | 0.33 | 0.33 | 0.33 |
| Total | 0.33 | 0.33 | 0.33 | 0.33 | 0.33 |
| Forthcoming | |||||
|---|---|---|---|---|---|
| 2020 | 2021 | 2022 | 2023 | 2024 | |
| Principal | |||||
| Charges/Interest | 0.33 | 0.33 | 0.33 | 0.33 | 0.33 |
| Total | 0.33 | 0.33 | 0.33 | 0.33 | 0.33 |
Exchange Rate Arrangement:
In December 1991, Croatia adopted the Croatian dinar as its sole legal tender. The Croatian dinar was replaced by the Croatian kuna on May 30, 1994. The exchange rate of the kuna is determined by supply and demand in the interbank market, with tight management of the kuna-euro exchange rate by the Croatian National Bank (CNB). The de jure exchange rate arrangement is a managed float without a predetermined path. Since April 2016, the kuna has stabilized within a 2 percent band against the euro. Accordingly, the de facto exchange rate arrangement is classified as a stabilized arrangement. The CNB transacts only in euros, U.S. dollars, and SDRs. On November 30, 2019, the official exchange rate was kuna 7.4 per euro (middle rate).
Exchange System:
Croatia has accepted the obligations of Article VIII, Section 2–4 and maintains an exchange system that is free of multiple currency practices and restrictions on payments and transfers for current international transactions, except for restrictions that Croatia maintains solely for the preservation of national or international security that have been notified to the Fund pursuant to Executive Board Decision 144 (52/51). There are no capital account restrictions.
Anti-Money laundering and Financing of Terrorism:
In October 2017, a new Law on Prevention of Money Laundering and Terrorism Financing was adopted to transpose the 4th AML EU Directive (2015/849) and FATF (2012) recommendations.
Article IV Consultation:
The previous Article IV consultation with Croatia was concluded on February 8, 2019 (IMF Country Report No. 19/46: https://www.imf.org/en/Publications/CR/Issues/2019/02/12/Republic-of-Croatia-2018-Article-IV-Consultation-Press-Release-Staff-Report-and-Statement-by-46594. Croatia is on the 12-month consultation cycle.
FSAP:
An FSAP Update mission took place in October–November 2007. The FSSA Update was published (IMF Country Report No. 160: http://www.imf.org/external/country/hrv/index.htm).
The original FSAP was concluded with the completion of the 2002 Article IV consultation on August 5, 2002 on the basis of missions that took place in April 2001 and September 2001. The FSSA was published (IMF Country Report No. 02/180: http://www.imf.org/external/country/hrv/index.htm).
Technical Assistance 2000–13:2
| Department | Timing | Purpose |
|---|---|---|
| FAD | April 2000 | Implementation of Single Treasury Account |
| May 2000 | Tax Policy | |
| September 2001 | Fiscal Decentralization | |
| March 2002 | Fiscal Management (with STA) | |
| September 2003– March 2004 | A Resident Advisor on Fiscal Reporting | |
| February 2004 | Public Debt Management Program (with World Bank) | |
| May 2004 | Public Expenditure Management | |
| May 2004 | Fiscal ROSC | |
| April 2005 | Review of Indirect Tax Performance and Tax Administration | |
| June 2006 | Regional Public Financial Management (PFM) Advisor | |
| February–March 2007, July 2008, February– March 2009 | Revenue Administration (with World Bank) | |
| April 2007 | Public-Private Partnerships | |
| May 2007 | Tax Policy (with World Bank) | |
| January–February 2008 | Short-Term Expenditure Rationalization | |
| February 2010 | PFM (long-term advisor visit) | |
| October 2010 | Regional expert participation on seminar on Croatian budget management and fiscal policy | |
| March 2011 | Short-term expert visit on Tax Administration Reform | |
| June 2011 | Short-term expert participation at OECD meeting | |
| June 2012 | Options for Modernizing the Property Tax Government Opportunities for Strengthening the Tax Administration (HQ mission) | |
| October 2012 | Short-term expert visit on phasing in a modern Compliance Risk Management Model | |
| October 2012 | Short-term expert visit on improving tax administration governance and organization structures | |
| April 2013 | Public Financial Management: Budget Procedure | |
| April–May 2013 | Fiscal Rules | |
| June 2013 | Strengthening Tax Administration Governance | |
| December 2014 | Workshop on Public Expenditure Review (Expert visit) | |
| STA | March 2000 | Quarterly National Accounts |
| September 2000 | Balance of Payments | |
| October 2000 | Real Sector Statistics | |
| April 2001 | Monetary and Banking Statistics | |
| November 2001 | Regional Visit on Reserves Data Template | |
| October 2002, June 2004 | Government Finance Statistics Monetary and Financial Statistics | |
| September 2006 | LTE: Government Finance Statistics | |
| December 2007 | ||
| MCM | May–June 2000 | Coordination between CNB and the Ministry of Finance, Central Bank Law, Banking Law, and Money and Securities Markets |
| March–April 2001 | Central Bank Accounting | |
| December 2001 | Monetary Policy Instruments | |
| April 2003 | Stress Testing and FX Reserve Management Monetary Policy Instruments | |
| February 2004 | Macro-Financial Modeling and Forecasting | |
| January 2007– continuing | Macro-Financial Modeling and Forecasting | |
| May 2007 | Modeling and Forecasting | |
| June 2007 | Modeling and Forecasting | |
| September 2007 | FSAP Update | |
| October 2007 | Modeling and Forecasting | |
| November 2007 | Modeling and Forecasting | |
| March 2008 | Macro-Financial Modeling and Forecasting | |
| August 2008 | Macro-Financial Modeling and Forecasting | |
| February 2009 | Macro-Financial Modeling | |
| July 2009 | Monetary Policy and Modeling | |
| May 2010 | Macro-Financial Modeling and Forecasting | |
| November 2011 | Macro-Financial Modeling and Forecasting | |
| March 2013 | Macro-Financial Modeling and Forecasting | |
| LEG | January 2010–April 2011 | AML/CFT—Risk based supervision in non-financial sectors |
| May 2011–April 2012 | AML/CFT—Strengthening the FIU and risk based supervision in non-financial sectors | |
| December 2011–April 2013 | AML/CFT—Preliminary National Risk Assessment |
| Department | Timing | Purpose |
|---|---|---|
| FAD | April 2000 | Implementation of Single Treasury Account |
| May 2000 | Tax Policy | |
| September 2001 | Fiscal Decentralization | |
| March 2002 | Fiscal Management (with STA) | |
| September 2003– March 2004 | A Resident Advisor on Fiscal Reporting | |
| February 2004 | Public Debt Management Program (with World Bank) | |
| May 2004 | Public Expenditure Management | |
| May 2004 | Fiscal ROSC | |
| April 2005 | Review of Indirect Tax Performance and Tax Administration | |
| June 2006 | Regional Public Financial Management (PFM) Advisor | |
| February–March 2007, July 2008, February– March 2009 | Revenue Administration (with World Bank) | |
| April 2007 | Public-Private Partnerships | |
| May 2007 | Tax Policy (with World Bank) | |
| January–February 2008 | Short-Term Expenditure Rationalization | |
| February 2010 | PFM (long-term advisor visit) | |
| October 2010 | Regional expert participation on seminar on Croatian budget management and fiscal policy | |
| March 2011 | Short-term expert visit on Tax Administration Reform | |
| June 2011 | Short-term expert participation at OECD meeting | |
| June 2012 | Options for Modernizing the Property Tax Government Opportunities for Strengthening the Tax Administration (HQ mission) | |
| October 2012 | Short-term expert visit on phasing in a modern Compliance Risk Management Model | |
| October 2012 | Short-term expert visit on improving tax administration governance and organization structures | |
| April 2013 | Public Financial Management: Budget Procedure | |
| April–May 2013 | Fiscal Rules | |
| June 2013 | Strengthening Tax Administration Governance | |
| December 2014 | Workshop on Public Expenditure Review (Expert visit) | |
| STA | March 2000 | Quarterly National Accounts |
| September 2000 | Balance of Payments | |
| October 2000 | Real Sector Statistics | |
| April 2001 | Monetary and Banking Statistics | |
| November 2001 | Regional Visit on Reserves Data Template | |
| October 2002, June 2004 | Government Finance Statistics Monetary and Financial Statistics | |
| September 2006 | LTE: Government Finance Statistics | |
| December 2007 | ||
| MCM | May–June 2000 | Coordination between CNB and the Ministry of Finance, Central Bank Law, Banking Law, and Money and Securities Markets |
| March–April 2001 | Central Bank Accounting | |
| December 2001 | Monetary Policy Instruments | |
| April 2003 | Stress Testing and FX Reserve Management Monetary Policy Instruments | |
| February 2004 | Macro-Financial Modeling and Forecasting | |
| January 2007– continuing | Macro-Financial Modeling and Forecasting | |
| May 2007 | Modeling and Forecasting | |
| June 2007 | Modeling and Forecasting | |
| September 2007 | FSAP Update | |
| October 2007 | Modeling and Forecasting | |
| November 2007 | Modeling and Forecasting | |
| March 2008 | Macro-Financial Modeling and Forecasting | |
| August 2008 | Macro-Financial Modeling and Forecasting | |
| February 2009 | Macro-Financial Modeling | |
| July 2009 | Monetary Policy and Modeling | |
| May 2010 | Macro-Financial Modeling and Forecasting | |
| November 2011 | Macro-Financial Modeling and Forecasting | |
| March 2013 | Macro-Financial Modeling and Forecasting | |
| LEG | January 2010–April 2011 | AML/CFT—Risk based supervision in non-financial sectors |
| May 2011–April 2012 | AML/CFT—Strengthening the FIU and risk based supervision in non-financial sectors | |
| December 2011–April 2013 | AML/CFT—Preliminary National Risk Assessment |
World Bank Relations
As of December 2019, Croatia has been collaborating with the World Bank Group.
Further information can be obtained from the following hyperlink.
| International Financial Institution | Hyperlink |
|---|---|
| The World Bank Group | https://www.worldbank.org/en/country/croatia |
| International Financial Institution | Hyperlink |
|---|---|
| The World Bank Group | https://www.worldbank.org/en/country/croatia |
Statistical Issues
Croatia—Statistical Issues
(As of January 2020)
Croatia—Statistical Issues
(As of January 2020)
| I. Assessment of Data Adequacy for Surveillance | |
| General: Data provision is broadly adequate for surveillance, with a few shortcomings related to data coverage and reliability. | |
| National Accounts: The national accounts have strengthened in recent years but further improvement is needed. The Central Bureau of Statistics (CBS) publishes constant and current price data compiled in accordance with the ESA 2010 standard. However, a breakdown of gross fixed capital formation into private and public components is not published as this is not required by the Eurostat. Minor discrepancies exist between nominal government consumption in national accounts and government consumption reported in government ESA 2010 accounts; and they are being resolved. | |
| Wages and Employment: The CBS produces data on average net and gross earnings per person and employment by sector. Currently, the CBS is in the process of reviewing the data series. Earnings data include bonuses (in sums that are subjects to contributions, taxes, and surtaxes), sick pay, and meal allowances. They are based on data from the report on Income, Income Tax and Surtax as well as Contributions for Mandatory Insurances (JOPPD form). The number of registered unemployed overstates the actual level of unemployment. However, the discrepancy has significantly diminished in 2014. A preliminary Labor Force Survey, which meets ILO standards, was conducted for the first time in 1996 on 7,200 households. The sample was subsequently expanded and the survey is now being conducted on a regular basis. Semi-annual results have been released since 1998, and quarterly results since 2007, with a lag of about four months. | |
| Price Statistics: The CBS produces a monthly consumer price index, with expenditure weights (updated at least once in every five years) derived from the Household Budget Survey. Between rebasing, the weights are price-updated annually to December of the previous year. Data are collected at different time periods in the month for different product groups, but in most cases between the thirteenth and the twenty-third day of each month. (Prices of agricultural products sold in market places are recorded on the first and third Friday in a month and prices of fuel for passenger cars weekly.) The indices are released around the fifteenth day of the following month. The price collection is confined to nine towns, but the weights are based on a sample of households in the whole country. A harmonized index of consumer prices (HICP) is also calculated in line with Eurostat methodology. A core CPI is calculated based on a methodology developed by the Croatian National Bank (CNB). The CBS also releases a monthly producer price index (PPI), usually on the eighth day of the following month. The weighting system of the PPI is based on the 2000 Annual Report of Industry and is changed every five years, while weights are partially corrected every year. A quarterly house price index is also disseminated. | |
| Government Finance Statistics: The authorities have started presenting some budget plans based on the ESA 2010 framework. However, the State Budget and the local budgets are based on the national Chart of Accounts. Historical general government data based on ESA 2010 definitions are published nationally by the Croatian Bureau of Statistics and by Eurostat, but are frequently revised due to methodological and data source improvements. Additional analysis has been initiated in order to assess whether some enterprises owned by local government units should be included in the government sector according to the ESA 2010 criteria. Budget execution (cash) data are produced on a monthly basis on the GFSM framework (GFS 2001) and are available in the monthly Statistical Review of the Ministry of Finance (MOF) and in the time-series database, both published on the website of the MOF. Central government data normally come with a lag of about six weeks, but end-of-year data often with much longer lags. Revenue data are reliable, and expenditure data on a cash basis are available according to GFS classifications (economic and functional) for the central budget and extra-budgetary funds. However, changes of institutions included in the central government are not always clearly indicated, hence central government figures are not fully comparable over time. Cash data for the operations of local governments and the consolidated general government are available on a quarterly basis, but for end-of-year data with long lags. Starting from the January-March 2015 period, data for local and regional self-government units (local units), instead of former 53 largest, include all 576 local units and the local units’ extra-budgetary users – county road administrations. According to the latest Agreement on cooperation in the field of national accounts of general government and related statistics (signed on July 31, 2013 between the Croatian Bureau of Statistics, Croatian National Bank (CNB), and Ministry of Finance), the CNB took over the responsibility for the compilation of general government debt statistics. The CNB is compiling general government debt according to ESA 2010 and EDP definitions and publishes these data on the CNB website. Data showing the level of general government guaranteed debt are presented as a part of the reporting table I.3 on the same website. | |
| Monetary and Financial Statistics: Beginning 2015, the CNB started to publish monetary statistics using the ESA 2010 framework and the national residency approach, with some backward revisions of historical data series. The IMF’s Statistics Department receives monthly monetary statistics on Croatia for the CNB and other depository corporations (ODCs) directly from the European Central Bank since July 2013, prior to this date, data were reported by the CNB. Data on other financial corporations (OFC) are currently not available. | |
| Financial Sector Surveillance: The CNB is the banking sector supervisor and quarterly reports all core and 14 encouraged financial soundness indicators (FSI) to the IMF’s Financial Soundness Indicator Database. A general description of the stress testing methodologies used on the Croatian banking system is included in the Financial Stability Report, published by the CNB once a year. Summary balance sheets and profit and loss statements of individual banks are reported in the Bank Bulletin, published once a year, with a lag of six to nine months. The Croatian Financial Services Supervisory Agency (HANFA) publishes monthly reports and monthly summary statistics on the sectors it regulates and supervises (capital markets, investment funds, private pension sector, insurance, leasing, and factoring companies). | |
| External Sector Statistics: Quarterly balance of payments and international investment position data are compiled broadly in accordance with the sixth edition of the IMF’s Balance of Payments Manual (BPM6). Data are generally available with a lag of three months and are subject to revisions in subsequent releases. Net errors and omissions have ranged from -1 to +3½ percent of GDP since 2005. The coverage and quality of portfolio investment data are reasonably complete and accurate. Croatia participates in the Coordinated Direct Investment Survey (CDIS) and plans to participate in the Coordinated Portfolio Investment Survey (CPIS) after the new security database becomes operational. Data on the International Reserves and Foreign Currency Liquidity (Reserve Data Template) are available with a lag of one to two months. Croatia compiles external debt data according to the requirements of External Debt Statistics: Guide for Compilers and Users, 2013. | |
| II. Data Standards and Quality | |
| Croatia began subscription to the Fund’s Special Data Dissemination Standard (SDDS) in May 1996 and met all SDDS requirements in March 2001. | No data ROSC has been published. |
Croatia—Statistical Issues
(As of January 2020)
| I. Assessment of Data Adequacy for Surveillance | |
| General: Data provision is broadly adequate for surveillance, with a few shortcomings related to data coverage and reliability. | |
| National Accounts: The national accounts have strengthened in recent years but further improvement is needed. The Central Bureau of Statistics (CBS) publishes constant and current price data compiled in accordance with the ESA 2010 standard. However, a breakdown of gross fixed capital formation into private and public components is not published as this is not required by the Eurostat. Minor discrepancies exist between nominal government consumption in national accounts and government consumption reported in government ESA 2010 accounts; and they are being resolved. | |
| Wages and Employment: The CBS produces data on average net and gross earnings per person and employment by sector. Currently, the CBS is in the process of reviewing the data series. Earnings data include bonuses (in sums that are subjects to contributions, taxes, and surtaxes), sick pay, and meal allowances. They are based on data from the report on Income, Income Tax and Surtax as well as Contributions for Mandatory Insurances (JOPPD form). The number of registered unemployed overstates the actual level of unemployment. However, the discrepancy has significantly diminished in 2014. A preliminary Labor Force Survey, which meets ILO standards, was conducted for the first time in 1996 on 7,200 households. The sample was subsequently expanded and the survey is now being conducted on a regular basis. Semi-annual results have been released since 1998, and quarterly results since 2007, with a lag of about four months. | |
| Price Statistics: The CBS produces a monthly consumer price index, with expenditure weights (updated at least once in every five years) derived from the Household Budget Survey. Between rebasing, the weights are price-updated annually to December of the previous year. Data are collected at different time periods in the month for different product groups, but in most cases between the thirteenth and the twenty-third day of each month. (Prices of agricultural products sold in market places are recorded on the first and third Friday in a month and prices of fuel for passenger cars weekly.) The indices are released around the fifteenth day of the following month. The price collection is confined to nine towns, but the weights are based on a sample of households in the whole country. A harmonized index of consumer prices (HICP) is also calculated in line with Eurostat methodology. A core CPI is calculated based on a methodology developed by the Croatian National Bank (CNB). The CBS also releases a monthly producer price index (PPI), usually on the eighth day of the following month. The weighting system of the PPI is based on the 2000 Annual Report of Industry and is changed every five years, while weights are partially corrected every year. A quarterly house price index is also disseminated. | |
| Government Finance Statistics: The authorities have started presenting some budget plans based on the ESA 2010 framework. However, the State Budget and the local budgets are based on the national Chart of Accounts. Historical general government data based on ESA 2010 definitions are published nationally by the Croatian Bureau of Statistics and by Eurostat, but are frequently revised due to methodological and data source improvements. Additional analysis has been initiated in order to assess whether some enterprises owned by local government units should be included in the government sector according to the ESA 2010 criteria. Budget execution (cash) data are produced on a monthly basis on the GFSM framework (GFS 2001) and are available in the monthly Statistical Review of the Ministry of Finance (MOF) and in the time-series database, both published on the website of the MOF. Central government data normally come with a lag of about six weeks, but end-of-year data often with much longer lags. Revenue data are reliable, and expenditure data on a cash basis are available according to GFS classifications (economic and functional) for the central budget and extra-budgetary funds. However, changes of institutions included in the central government are not always clearly indicated, hence central government figures are not fully comparable over time. Cash data for the operations of local governments and the consolidated general government are available on a quarterly basis, but for end-of-year data with long lags. Starting from the January-March 2015 period, data for local and regional self-government units (local units), instead of former 53 largest, include all 576 local units and the local units’ extra-budgetary users – county road administrations. According to the latest Agreement on cooperation in the field of national accounts of general government and related statistics (signed on July 31, 2013 between the Croatian Bureau of Statistics, Croatian National Bank (CNB), and Ministry of Finance), the CNB took over the responsibility for the compilation of general government debt statistics. The CNB is compiling general government debt according to ESA 2010 and EDP definitions and publishes these data on the CNB website. Data showing the level of general government guaranteed debt are presented as a part of the reporting table I.3 on the same website. | |
| Monetary and Financial Statistics: Beginning 2015, the CNB started to publish monetary statistics using the ESA 2010 framework and the national residency approach, with some backward revisions of historical data series. The IMF’s Statistics Department receives monthly monetary statistics on Croatia for the CNB and other depository corporations (ODCs) directly from the European Central Bank since July 2013, prior to this date, data were reported by the CNB. Data on other financial corporations (OFC) are currently not available. | |
| Financial Sector Surveillance: The CNB is the banking sector supervisor and quarterly reports all core and 14 encouraged financial soundness indicators (FSI) to the IMF’s Financial Soundness Indicator Database. A general description of the stress testing methodologies used on the Croatian banking system is included in the Financial Stability Report, published by the CNB once a year. Summary balance sheets and profit and loss statements of individual banks are reported in the Bank Bulletin, published once a year, with a lag of six to nine months. The Croatian Financial Services Supervisory Agency (HANFA) publishes monthly reports and monthly summary statistics on the sectors it regulates and supervises (capital markets, investment funds, private pension sector, insurance, leasing, and factoring companies). | |
| External Sector Statistics: Quarterly balance of payments and international investment position data are compiled broadly in accordance with the sixth edition of the IMF’s Balance of Payments Manual (BPM6). Data are generally available with a lag of three months and are subject to revisions in subsequent releases. Net errors and omissions have ranged from -1 to +3½ percent of GDP since 2005. The coverage and quality of portfolio investment data are reasonably complete and accurate. Croatia participates in the Coordinated Direct Investment Survey (CDIS) and plans to participate in the Coordinated Portfolio Investment Survey (CPIS) after the new security database becomes operational. Data on the International Reserves and Foreign Currency Liquidity (Reserve Data Template) are available with a lag of one to two months. Croatia compiles external debt data according to the requirements of External Debt Statistics: Guide for Compilers and Users, 2013. | |
| II. Data Standards and Quality | |
| Croatia began subscription to the Fund’s Special Data Dissemination Standard (SDDS) in May 1996 and met all SDDS requirements in March 2001. | No data ROSC has been published. |
Croatia: Table of Common Indicators Required for Surveillance
(As of December 31, 2019)
Reserve assets that are pledged of otherwise encumbered are specified separately. Data comprise short-term liabilities linked to a foreign currency but settled by other means as well as the notional values of financial derivatives to pay and to receive foreign currency, including those linked to a foreign currency but settled by other means.
Both market-based and officially-determined, including discount rates, money market rates, rates on treasury bills, notes and bonds.
Foreign, domestic bank, and domestic nonbank financing.
The general government consists of the central government (budgetary funds, extra budgetary funds, and social security funds) and state and local governments.
Including currency and maturity composition.
Daily (D), Weekly (W), Monthly (M), Quarterly (Q), Annually (A), Irregular (I); Not Available (NA).
Croatia: Table of Common Indicators Required for Surveillance
(As of December 31, 2019)
| Date of latest observation | Date received | Frequency of data 6/ | Frequency of reporting 6/ | Frequency of publication 6/ | |
|---|---|---|---|---|---|
| Exchange Rates | 14/06/19 | 14/08/19 | D and M | D and M | D and M |
| International Reserve Assets and Reserve Liabilities of the Monetary Authorities 1/ | Dec. 2019 | 01/13/19 | M | M | M |
| Reserve/Base Money | Nov. 2019 | 11/30/19 | M | M | M |
| Broad Money | Nov. 2019 | 11/30/19 | M | M | M |
| Central Bank Balance Sheet | Dec. 2019 | 01/13/19 | M | M | M |
| Consolidated Balance Sheet of the Banking System | Nov. 2019 | 11/30/19 | M | M | M |
| Interest Rates 2/ | Nov. 2019 | 11/30/19 | M | M | M |
| Consumer Price Index | Dec. 2019 | 01/17/19 | M | M | M |
| Revenue, Expenditure, Balance and Composition of Financing 3/—General Government 4/ | 2019:Q3 | Nov. 2019 | Q | Q | Q |
| Revenue, Expenditure, Balance and Composition of Financing 3/– Central Government | 2019:Q3 | Nov. 2019 | M | M | M |
| Stocks of Central Government and Central Government-Guaranteed Debt 5/ | 2019:Q3 | Nov. 2019 | M | M | M |
| External Current Account Balance | 2019:Q3 | Nov. 2019 | Q | Q | Q |
| Exports and Imports of Goods and Services | 2019:Q3 | Nov. 2019 | Q | Q | Q |
| GDP/GNP | 2019:Q3 | Nov. 2019 | Q | Q | Q |
| Gross External Debt | 2019:Q3 | Nov. 2019 | M | M | M |
| International Investment Position | 2019:Q3 | Nov. 2019 | Q | Q | Q |
Reserve assets that are pledged of otherwise encumbered are specified separately. Data comprise short-term liabilities linked to a foreign currency but settled by other means as well as the notional values of financial derivatives to pay and to receive foreign currency, including those linked to a foreign currency but settled by other means.
Both market-based and officially-determined, including discount rates, money market rates, rates on treasury bills, notes and bonds.
Foreign, domestic bank, and domestic nonbank financing.
The general government consists of the central government (budgetary funds, extra budgetary funds, and social security funds) and state and local governments.
Including currency and maturity composition.
Daily (D), Weekly (W), Monthly (M), Quarterly (Q), Annually (A), Irregular (I); Not Available (NA).
Croatia: Table of Common Indicators Required for Surveillance
(As of December 31, 2019)
| Date of latest observation | Date received | Frequency of data 6/ | Frequency of reporting 6/ | Frequency of publication 6/ | |
|---|---|---|---|---|---|
| Exchange Rates | 14/06/19 | 14/08/19 | D and M | D and M | D and M |
| International Reserve Assets and Reserve Liabilities of the Monetary Authorities 1/ | Dec. 2019 | 01/13/19 | M | M | M |
| Reserve/Base Money | Nov. 2019 | 11/30/19 | M | M | M |
| Broad Money | Nov. 2019 | 11/30/19 | M | M | M |
| Central Bank Balance Sheet | Dec. 2019 | 01/13/19 | M | M | M |
| Consolidated Balance Sheet of the Banking System | Nov. 2019 | 11/30/19 | M | M | M |
| Interest Rates 2/ | Nov. 2019 | 11/30/19 | M | M | M |
| Consumer Price Index | Dec. 2019 | 01/17/19 | M | M | M |
| Revenue, Expenditure, Balance and Composition of Financing 3/—General Government 4/ | 2019:Q3 | Nov. 2019 | Q | Q | Q |
| Revenue, Expenditure, Balance and Composition of Financing 3/– Central Government | 2019:Q3 | Nov. 2019 | M | M | M |
| Stocks of Central Government and Central Government-Guaranteed Debt 5/ | 2019:Q3 | Nov. 2019 | M | M | M |
| External Current Account Balance | 2019:Q3 | Nov. 2019 | Q | Q | Q |
| Exports and Imports of Goods and Services | 2019:Q3 | Nov. 2019 | Q | Q | Q |
| GDP/GNP | 2019:Q3 | Nov. 2019 | Q | Q | Q |
| Gross External Debt | 2019:Q3 | Nov. 2019 | M | M | M |
| International Investment Position | 2019:Q3 | Nov. 2019 | Q | Q | Q |
Reserve assets that are pledged of otherwise encumbered are specified separately. Data comprise short-term liabilities linked to a foreign currency but settled by other means as well as the notional values of financial derivatives to pay and to receive foreign currency, including those linked to a foreign currency but settled by other means.
Both market-based and officially-determined, including discount rates, money market rates, rates on treasury bills, notes and bonds.
Foreign, domestic bank, and domestic nonbank financing.
The general government consists of the central government (budgetary funds, extra budgetary funds, and social security funds) and state and local governments.
Including currency and maturity composition.
Daily (D), Weekly (W), Monthly (M), Quarterly (Q), Annually (A), Irregular (I); Not Available (NA).