Croatia's interest payments (current LCU) was 1.26 billion in 2023, the latest year in the World Bank's World Development Indicators. That is down 16.25% from 1.51 billion in 2013 (1.76% a year on average, compounded).
Key figures
| Value | Year | |
|---|---|---|
| Latest | 1.26 billion | 2023 |
| Five years earlier | 1.37 billion | 2018 |
| Ten years earlier | 1.51 billion | 2013 |
| Highest | 1.74 billion | 2015 |
| Lowest | 79,634 | 1991 |
| Average since 2014 | 1.38 billion | 2014–2023 |
| First recorded | 79,634 |
What the numbers say
In 2023, Croatia's interest payments (current LCU) rose 26.9% on 2022 (from 993.3 million to 1.26 billion).
Across the 23 yearly changes before that (1992 to 2022), the average change was +495.2% and a typical year strayed about 2,208.7% from that (the standard deviation). This year's change was 0.2 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 10,615% in 1992 and the biggest yearly fall was 15.8% in 2020. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2014 to 2023 the straight-line trend is downward, about 82.07 million a year. A straight line explains 81% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
How it compares
In 2023, Croatia had the 13th highest value of the 17 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
Closest to Croatia in the 2023 ranking
What this measures
Interest payments include interest payments on government debt (including long-term bonds, long-term loans, and other debt instruments) to domestic and foreign residents. This indicator is expressed in current prices, meaning no adjustment has been made to account for price changes over time. This series is expressed in local currency units.
Limitations: For most countries central government finance data have been consolidated into one account, but for others only budgetary central government accounts are available. Countries reporting budgetary data are noted in the country metadata. Because budgetary accounts may not include all central government units (such as social security funds), they usually provide an incomplete picture. In federal states the central government accounts provide an incomplete view of total public finance. Data on government revenue and expense are collected by the IMF through questionnaires to member countries and by the Organisation for Economic Co-operation and Development (OECD).
All 26 values
| Year | Interest payments (current LCU) |
|---|---|
| 2023 | 1,260,700,000 |
| 2022 | 993,300,000 |
| 2021 | 1,013,100,000 |
| 2020 | 1,138,100,000 |
| 2019 | 1,351,700,000 |
| 2018 | 1,371,300,000 |
| 2017 | 1,537,900,000 |
| 2016 | 1,677,100,000 |
| 2015 | 1,736,200,000 |
| 2014 | 1,683,200,000 |
| 2013 |
Interest payments (current LCU) in nearby economies
- Albania — 54.46 billion (2024)
- Armenia — 313.58 billion (2024)
- Austria — 6.94 billion (2024)
- Azerbaijan — 445.48 million (2024)
- Belarus — 3.31 billion (2024)
- Belgium — 10.62 billion (2024)
- Bosnia and Herzegovina — 488.61 million (2024)
- Bulgaria — 519.73 million (2024)
- Cyprus — 399.4 million (2024)
- Czechia — 104.72 billion (2024)
- Denmark — 16.17 billion (2024)
More public sector data for Croatia
- Military expenditure (current USD) — 2.1 billion (2025)
- Military expenditure (current LCU) — 1.86 billion (2025)
- Military expenditure (% of GDP) — 2.02% (2025)
- Military expenditure (% of general government expenditure) — 4.14% (2025)
- Intentional homicides, female (per 100,000 female) — 0.45 (2023)
- Intentional homicides, male (per 100,000 male) — 0.9 (2023)
- Intentional homicides (per 100,000 people) — 0.67 (2023)
- Net investment in nonfinancial assets (current LCU) — 2.54 billion (2023)
- Net investment in nonfinancial assets (% of GDP) — 3.21% (2023)
Reading data like this
Questions people ask
- What is Croatia's interest payments (current LCU)?
- 1.26 billion in 2023, according to the World Bank (World Development Indicators).
- How has it changed since 1991?
- It is up 1.58 million% from 79,634 in 1991 (35.28% a year on average, compounded). The highest value was 1.74 billion in 2015 and the lowest 79,634 in 1991.
- How does Croatia rank?
- 13th highest of 17 economies with data for 2023.
- Is the latest change in interest payments (current LCU) unusual for Croatia?
- In 2023, Croatia's interest payments (current LCU) rose 26.9% on 2022 (from 993.3 million to 1.26 billion). Across the 23 yearly changes before that (1992 to 2022), the average change was +495.2% and a typical year strayed about 2,208.7% from that (the standard deviation). This year's change was 0.2 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
Source
World Bank, World Development Indicators, indicator GC.XPN.INTP.CN, licensed CC BY 4.0. Original source: Government Finance Statistics Yearbook and data files, International Monetary Fund (IMF) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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