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House Price to Income Ratio - Croatia Compared to Continent


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Russia 124.72x
Ukraine 102.13x
Moldova 64.95x
Montenegro 63.41x
UK 60.66x
Serbia 45.78x
France 40.71x
Latvia 36.01x
Turkey 35.75x
Macedonia 35.02x
Poland 31.67x
Romania 29.95x
Lithuania 22.58x
Czech Rep. 21.92x
Italy 21.67x
Bulgaria 19.55x
Croatia 19.47x
Hungary 19.13x
Switzerland 18.58x
Spain 17.58x
Malta 16.34x
Sweden 15.56x
Slovak Rep. 15.40x
Greece 15.33x
Finland 15.32x
Estonia 15.13x
Slovenia 12.22x
Austria 11.34x
Netherlands 10.95x
Portugal 9.90x
Cyprus 8.93x
Germany 8.64x
Belgium 8.51x
Denmark 8.13x
Ireland 7.72x
Luxembourg 6.03x

 

 

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 does not produce any official house price or rent statistics. A private service was rumoured but we cannot find it. General economic statistics are weak. What data there is, is at the Croatian National Bank, and the Central Bureau of Statistics.




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