Ex PM Wins Upset In Zagreb
A surprise win in the EU's newest member state.
Croatia GDP and Economic Data
Country Report 2017 - Includes Croatia real Gross Domestic Product growth rate, with latest forecasts and historical data, GDP per capita, GDP composition and breakdown by sector.
Browse additional economic indicators and data sets, selected by Global Finance editors, to learn more about Croatia economic outlook, debt to GDP ratio, international trade performance and population trends. Rankings of Croatia best banks and safest banks are also available.
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International Reserves
USD 20.0 billion (2018)
International Monetary Fund (IMF), data retrieved October 2019
Gross Domestic Product - GDP
USD 60.7 billion (2018, estimate)
GDP (Purchasing Power Parity)
Intl$ 107.4 billion (2018, estimate)
Real GDP growth
| 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 |
| 5.3% | 2% | -7.3% | -1.5% | -0.3% | -2.3% | -0.5% |
| 2014 | 2015 | 2016 | 2017* | 2018* | ||
| -0.1% | 2.4% | 3.5% | 2.9% | 2.7% |
*Estimate
GDP per capita - current prices
USD 14,815.9 (2018, estimate)
GDP (PPP) - share of world total
| 1980 | 1990 | 2000 | 2010 | 2019* |
| N/A | N/A | 0.11% | 0.10% | 0.08% |
*Estimate
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GDP - composition by sector
- agriculture: 2.9%
- industry: 21.1%
- services: 58%
(2018 estimate)
Inflation
| 2015 | 2016 | 2017 | 2018* | 2019* |
| -0.5% | -1.1% | 1.1% | 1.5% | 1% |
*Estimate
Unemployment rate
| 2015 | 2016 | 2017 | 2018* | 2019* |
| 17.1% | 15% | 12.4% | 9.9% | 9% |
*Estimate
Public debt (General government gross debt as a % of GDP)
| 2015 | 2016 | 2017 | 2018* | 2019* |
| 83.7% | 80.5% | 77.8% | 74.6% | 71.1% |
*Estimate
Public deficit (General government net lending/borrowing as a % of GDP)
| 2015 | 2016 | 2017 | 2018* | 2019* |
| -3.2% | -1% | 0.8% | 0.2% | 0% |
*Estimate
Government bond ratings
Standard & Poor's: BBB-
Moody's: Ba2
Standard & Poor's / Moody's
Source
Market value of publicly traded shares
| 2016 | 2017 | 2018 |
| USD 20.2 billion | USD 22.8 billion | USD 20.5 billion |
Source
Current account balance by percentage of GDP
2.5 % (2018 estimate)
Exports as percent of GDP (Exports of goods and services)
51.2% (2018)
Shares in world total merchandising export
0.09% (2018)
Shares in world total commercial services export
0.29% (2018)
Export commodities
Transport equipment, machinery, textiles, chemicals, foodstuffs, fuels
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Import commodities
Machinery, transport and electrical equipment; chemicals, fuels and lubricants; foodstuffs
Exports - major partners
Italy 13.4%, Germany 12.2%, Slovenia 10.6%, Bosnia and Herzegovina 9.8%, Austria 6.2%, Serbia 4.8% (2017)
Imports - major partners
Germany 15.7%, Italy 12.9%, Slovenia 10.7%, Hungary 7.5%, Austria 7.5% (2017)
FDI inflows
| 2016 | 2017 | 2018 |
| USD 1,808 million | USD 2,037 million | USD 1,159 million |
FDI outflows
| 2016 | 2017 | 2018 |
| USD -338 million | USD 687 million | USD 354 million |
Value of cross-border M&A, by country of purchaser
| 2015 | 2016 | 2017 | 2018 |
| N/A | USD 46 million | N/A | N/A |
Cross-border M&A deals worth over $3 billion completed in 2014
N/A
Cross-border M&A deals worth over $3 billion completed in 2015
N/A
Best countries for doing business
Economies are ranked on their ease of doing business. A high ease of doing business ranking means the regulatory environment is more conducive to the starting and operation of a local firm.
Overall ranking:
51 out of 190 countries
Subcategories:
Starting a Business: 114 out of 190 countries
Dealing with Construction Permits: 150 out of 190 countries
Getting Electricity: 37 out of 190 countries
Registering Property: 38 out of 190 countries
Getting Credit: 104 out of 190 countries
Protecting Minority Investors: 37 out of 190 countries
Paying Taxes: 49 out of 190 countries
Trading across Borders: 1 out of 190 countries
Enforcing Contracts: 27 out of 190 countries
Resolving Insolvency: 63 out of 190 countries
Source
Global competitiveness ranking
63 out of 141 countries
(2019)
Index of Economic Freedom
Ranking: 86 / Score: 61.4 (Moderately free)
(100=totally free 0=totally repressed)
Source
Source
Languages
Croatian (official) 95.6%, Serbian 1.2%, other 3% (including Hungarian, Czech, Slovak, and Albanian), unspecified 0.2% (2011 est.)
Religions
Roman Catholic 86.3%, Orthodox 4.4%, Muslim 1.5%, other 1.5%, unspecified 2.5%, not religious or atheist 3.8% (2011 est.)
Total population
| 1990 | 2000 | 2010 | 2015 | 2020* |
| N/A | 4.38 million | 4.42 million | 4.2 million | 4.04 million |
*Estimate
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Urban population as % of total population
| 1960 | 1980 | 2000 | 2018 |
| 30.2% | 47.3% | 53.4 | 56.9% |
Literacy
Total population: 99.3%
Male: 99.7%
Female: 98.9%
Definition: age 15 and over can read and write (2015 est.)
% of population living on less than $3.10 a day
1.2% (last available estimate, 2015)
Inequality of wealth distribution (Gini index)
31.1 (last available estimate, 2015)
(0=perfect equality, 100=absolute inequality)
Source
Freedom House rating
Free
Political Rights: 1
Civil Liberties: 2 (2019)
(1 represents the most free, 7 the least free rating)Fixed: 32.6%
Source
Total telephone subscribers as % of population
Fixed: 32.6%
Mobile: 105.6%
(2018)
(fixed-telephone subscribers and mobile-cellular subscribers)