Statistical releases provide a summary of the most recent values and trends for the published statistical indicators series compiled by the Croatian National Bank.
General government debt statistics for March 2026
According to the data of government finance statistics for the first quarter of 2026, the total consolidated debt of all general government sub-sectors[1] reached EUR 55.2bn at the end of March 2026, up by EUR 4.6bn (or 9.1%) from the end of March 2025 and up by EUR 2.8bn (or 5.4%) from the end of December 2025.
Measured against the annual GDP[2], the total debt at the end of March 2026 amounted to 58.4% of GDP, which is an increase of 0.2 percentage points on an annual basis from 58.2% of GDP at the end of March 2025. The debt-to-GDP ratio increased by 2.1 percentage points from the end of the previous quarter.
Figure 1 Consolidated general government debt and debt-to-GDP ratio
The increase in the debt-to-GDP ratio of 0.2 percentage points on an annual level was affected by the increase in nominal debt of 4.9 percentage points, while the increase in nominal GDP contributed to the decrease in the ratio of 4.7 percentage points.
Figure 2 Relative annual change in general government debt
At the end of March 2026, 68.3% of the consolidated general government debt was held by domestic sectors, and 31.7% by foreign sector. Among domestic debt holders, there is a visible increase in the investment of the household sector in the general government debt from EUR 3.9bn (7.7% of the total debt) at the end of March 2025 to EUR 4.9bn (9.0% of the total debt) at the end of March 2026, and an increase in investment by the financial corporations' sector from EUR 31.1bn (61.5% of the total debt) at the end of March 2025 to EUR 32.6bn (59.1% of the total debt) at the end of March 2026.
Figure 3 Consolidated general government debt by creditor sector
Statistical data time series: Table I3 General government debt (ESA 2010)