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Croatia GDP and Economic Data
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 23.25 billion (2020)
World Bank, last updated 12/16/2021
Gross Domestic Product - GDP
USD 63.40 billion (2021 estimate)
IMF - World Economic Outlook, October 2021
Source
GDP (Purchasing Power Parity)
USD 124.78 billion (2021 estimate)
IMF - World Economic Outlook, October 2021
Source
Real GDP growth
| 2017 | 2018 | 2019 | 2020* | 2021* |
| 3.4% | 2.8% | 2.9% | –8% | 6.3% |
*Estimate
Source
GDP per capita - current prices
USD 15,807.70 (2021 estimate)
IMF - World Economic Outlook, October 2021
Source
GDP per capita - PPP
USD 31,112.00 (2021 estimate)
IMF - World Economic Outlook, October 2021
Source
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GDP - composition by sector
- agriculture: 3.3%
- industry: 21.5%
- services: 58.9%
(2020 estimate)
Inflation
| 2017 | 2018 | 2019 | 2020* | 2021* |
| 1.1% | 1.5% | 0.8% | 0.1% | 2% |
*Estimate
Source
Unemployment rate
| 2017 | 2018 | 2019 | 2020* | 2021* |
| 12.4% | 9.9% | 7.8% | 9% | 8.4% |
*Estimate
Source
Public debt (General government gross debt as a % of GDP)
| 2017 | 2018 | 2019 | 2020* | 2021* |
| 77.5% | 74.3% | 72.8% | 88.7% | 87% |
*Estimate
Source
Public deficit (General government net lending/borrowing as a % of GDP)
| 2017 | 2018 | 2019 | 2020* | 2021* |
| 3.2% | 2.3% | 2.3% | –5.7% | –2.6% |
*Estimate
Source
Government bond ratings
Standard & Poor's: BBB–
Moody's: Ba1
Standard & Poor's / Moody's (January 2022)
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Market value of publicly traded shares
USD 22.2 billion (2020) World Bank / Market capitalization
Source
Current account balance
USD -0.06 billion (2021 estimate)
IMF - World Economic Outlook, October 2021
Source
Current account balance by percentage of GDP
-0.1% (2021 estimate)
IMF - World Economic Outlook, October 2021
Source
Exports as percent of GDP (Exports of goods and services)
42% (2020)
World Bank - World Development Indicators (updated Feb 2022)
Shares in world total merchandising export
0.1% (2020)
Shares in world total commercial services export
0.2% (2020)
Export commodities
Refined petroleum, packaged medicines, cars, medical cultures/vaccines, lumber (2019)
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Import commodities
Crude petroleum, cars, refined petroleum, packaged medicines, electricity (2019)
Exports - major partners
Italy 13%, Germany 13%, Slovenia 10%, Bosnia and Herzegovina 9%, Austria 6%, Serbia 5% (2019)
Imports - major partners
Italy 14%, Germany 14%, Slovenia 11%, Hungary 7%, Austria 6% (2019)
FDI inflows
| 2018 | 2019 | 2020 |
| USD 1,808 million | USD 2,037 million | USD 1,159 million |
FDI outflows
| 2018 | 2019 | 2020 |
| USD 1,808 million | USD 2,037 million | USD 1,159 million |
Value of cross-border M&A, by country of purchaser
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
World Bank - Doing Business 2020
Source
Global competitiveness ranking
44 out of 141 countries
(2019)
Index of Economic Freedom
Ranking: 45 / Score: 67.6 (Moderately Free)
The Heritage Foundation - 2022 Index of Economic Freedom
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 |
| 4.78 million | 4.47 million | 4.3million | 4.2 million | 4.05 million |
*Estimate
Source
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Urban population as % of total population
| 1960 | 1980 | 2000 | 2020 |
| 30.2% | 47.3% | 53.4 | 57.6% |
Literacy
Total population: 99.3%
Male: 99.7%
Female: 98.9% (2015)
Definition: age 15 and over can read and write
% of population living on less than $3.10 a day
0.6% (last available estimate, 2019)
Inequality of wealth distribution (Gini index)
28.9 (last available estimate, 2019)
Source
Freedom House rating
Total score: 85/100
Status: Free
Political Rights: 36/40
Civil Liberties: 49/60 (2022)
Source
Total telephone subscribers as % of population
Fixed: 31.7%
Mobile: 106.6% (2020) (fixed-telephone subscribers and mobile-cellular subscribers)