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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
France 38.35x
Turkey 33.02x
Macedonia 28.51x
Austria 27.33x
Montenegro 24.41x
Poland 22.91x
Czech Rep. 22.24x
Romania 21.48x
Latvia 21.37x
Italy 21.18x
Bulgaria 20.67x
Croatia 16.32x
Lithuania 15.83x
Finland 15.71x
Estonia 15.61x
Switzerland 15.29x
Slovenia 15.12x
Sweden 14.94x
Malta 14.89x
Spain 14.64x
Greece 14.59x
Hungary 14.15x
Slovak Rep. 13.88x
Netherlands 11.97x
Germany 11.24x
Ireland 10.60x
Portugal 10.46x
Denmark 8.97x
Cyprus 8.93x
Belgium 6.59x
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.

Baltic Property Market Report 2015 - NewsecBaltic Investment Market 2015 - NewsecApartments in Riga Latvia Report April 2015 - ArcoApartments in Riga Center April 2015 - ArcoRussian Investment in Overseas Property 2014 - Tranio.comResidential Market in Poland Q2 2015 - REAS
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