The magnetic susceptibility χ of the itinerant antiferromagnet CrB2 with TN87K is studied as a function of the hydrostatic pressure up to 2kbar at fixed temperatures 78 and 300K. The pressure effect on χ is found to be negative in sign and weakly dependent on the magnetic state of the compound. In addition, the measured pressure dependence of the Néel temperature, dTNdP=0.1±0.1Kkbar, is roughly two orders of magnitude smaller than the corresponding value for the pure chromium. The main contributions to χ and their volume dependence are calculated ab initio within the local spin density approximation, and they turn out to be in close agreement with the experimental data.

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