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House Price to Income Ratio - Croatia Compared to Continent


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Russia 120.20x
Ukraine 102.13x
UK 80.05x
Moldova 64.95x
Serbia 45.78x
Turkey 35.75x
Romania 35.60x
France 32.97x
Poland 29.15x
Montenegro 28.38x
Macedonia 28.37x
Czech Rep. 23.55x
Latvia 22.98x
Italy 22.17x
Lithuania 19.89x
Bulgaria 19.43x
Croatia 18.32x
Finland 18.05x
Switzerland 17.64x
Greece 16.74x
Malta 16.34x
Hungary 16.17x
Estonia 15.94x
Slovak Rep. 15.86x
Sweden 15.56x
Spain 14.00x
Austria 13.02x
Slovenia 12.64x
Netherlands 10.60x
Portugal 10.29x
Ireland 10.26x
Cyprus 9.89x
Germany 9.64x
Belgium 8.51x
Denmark 8.13x
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 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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