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Croatia's current account deficit in 2006 accounts for 7.7 pct of GDP

Autor: ;rmli;
ZAGREB, April 11 (Hina) - Croatia's current account deficit in 2006 amounted to EUR 2.6 billion, reaching 7.7% of the GDP projected for last year, according to preliminary data released by the Croatian National Bank.
ZAGREB, April 11 (Hina) - Croatia's current account deficit in 2006 amounted to EUR 2.6 billion, reaching 7.7% of the GDP projected for last year, according to preliminary data released by the Croatian National Bank.

For the second year in a row, the current account deficit continued growing, going up EUR 632 million from 2005, when its share in GDP was 6.4%.

The current account deficit of 7.7% of GDP is nevertheless slightly below previous estimates which forecast a deficit exceeding 8% of GDP.

(Hina) rml

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