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House Price to Income Ratio - Croatia Compared to Continent


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Russia 100.84x
Ukraine 88.58x
UK 80.55x
Moldova 53.49x
Serbia 47.03x
Turkey 35.13x
France 29.36x
Macedonia 28.51x
Austria 27.33x
Montenegro 24.41x
Czech Rep. 22.24x
Hungary 22.00x
Romania 21.48x
Latvia 21.37x
Bulgaria 21.22x
Italy 20.76x
Poland 19.93x
Malta 19.37x
Spain 18.75x
Slovak Rep. 18.29x
Switzerland 17.51x
Finland 16.71x
Lithuania 15.83x
Estonia 15.61x
Greece 15.41x
Slovenia 15.18x
Portugal 15.02x
Sweden 14.94x
Netherlands 14.66x
Germany 11.24x
Ireland 10.60x
Croatia 9.72x
Denmark 8.97x
Belgium 8.23x
Cyprus 7.63x
Luxembourg 6.25x

 

 

Croatia: House price to income ratio

The house price to income ratio is the ratio of the cost of a typical upscale housing unit of 100 square metres, compared to the countrys GDP per capita. Normally this ratio will be much higher in low income countries than in high income countries.

The formula is: (Price per square metre / GDP per capita)*100. The house price to income ratios published by the Global Property Guide are based on the Global Property Guides own proprietary in-house research, but we use the IMFs GDP per capita figures.

 

Croatia produces a semi-annual house price index. House price data and general economics statistics can be obtained from the Croatian Bureau of Statistics. Centar Nekretnina, a private real estate website, publishes monthly data on average price of flats.





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