Preliminary communication

MATRIX CALCULATIONS OF CROATIAN NATIONAL ACCOUNTS

Tihomir Janicek ; American College for Management and Technology, Dubrovnik

Abstract

Prediction of amounts for Croatian National Accounts in this paper was made based on Indirect Rates of Growth and clearly shows that GDP is going to be the leader. The second largest amount will be Import as a National Account. This data has to be warning for the Croatian government, because Croatia will not be able to balance her deficit in international trade. Personal Consumption is the third largest amount and it means that Import will be higher than Personal Consumption. The fourth largest amount is Export, which will be more than 24 thousands B of Kunas behind the Import. Currently the foreign debt in Croatia came to $25 B, and a further increase of foreign debt is not a very positive sign. The only positive sign is coverage of Import with Export will be
increased from 84% in 2003 to 88% in 2006. Gross Fixed Capital will not
make extraordinary results and Government Consumption will be a very small amount.

Keywords

matrix calculation; Croatian National Accounts; Indirect Rates of Growth

Hrčak ID:

222733

URI

https://hrcak.srce.hr/222733

Publication date:

21.12.2004.

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