Balkan Spring
Even with investor and public worries about corruption, the dynamic Balkan economies offer opportunities with the promise of EU membership.
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 14.2 billion (2016)
International Monetary Fund (IMF), data retrieved January 2017
Gross Domestic Product - GDP
USD 51.5 billion (2017, estimate)
GDP (Purchasing Power Parity)
Intl$ 98.3 billion (2017, estimate)
Real GDP growth
| 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 |
| 4.8% | 5.2% | 2.1% | -7.4% | -1.7% | -0.3% | -2.2% |
| 2013 | 2014 | 2015 | 2016* | 2017* | ||
| -1.1% | -0.4% | 1.7% | 1.9% | 2.1% |
*Estimate
GDP per capita - current prices
USD 12,292.6 (2017, estimate)
GDP (PPP) - share of world total
| 1980 | 1990 | 2000 | 2010 | 2017* |
| N/A | N/A | 0.11% | 0.10% | 0.08% |
*Estimate
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GDP - composition by sector
- agriculture: 4.2%
- industry: 26.6%
- services: 69.2%
(2016 estimate)
Inflation
| 2013 | 2014 | 2015 | 2016* | 2017* |
| 2.2% | -0.2% | -0.5% | -1.0% | 0.8% |
*Estimate
Unemployment rate
| 2013 | 2014 | 2015 | 2016* | 2017* |
| 17.0% | 17.1% | 16.9% | 16.4% | 15.9% |
*Estimate
Public debt (General government gross debt as a % of GDP)
| 2013 | 2014 | 2015 | 2016* | 2017* |
| 82.2% | 86.5% | 86.7% | 86.8% | 86.3% |
*Estimate
Public deficit (General government net lending/borrowing as a % of GDP)
| 2013 | 2014 | 2015 | 2016* | 2017* |
| -5.3% | -5.5% | -3.2% | -2.8% | -2.6% |
*Estimate
Government bond ratings
Standard & Poor's: BB
Moody's: Ba2
Standard & Poor's / Moody's (Updated as of January 24th 2017)
Source
Market value of publicly traded shares
| 2013 | 2014 | 2015 |
| N/A | N/A | N/A |
Source
Current account balance by percentage of GDP
2.2% (2017 estimate)
Exports as percent of GDP (Exports of goods and services)
49.4% (2015)
Shares in world total merchandising export
0.08% (2015)
Shares in world total commercial services export
0.3% (2015)
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%, Slovenia 12.5%, Germany 11.4%, Bosnia and Herzegovina 9.9%, Austria 6.6%, Serbia 4.9% (2015)
Imports - major partners
Germany 15.5%, Italy 13.1%, Slovenia 10.7%, Austria 9.2%, Hungary 7.8% (2015)
FDI inflows
| 2013 | 2014 | 2015 |
| USD 922 million | USD 3,678 million | USD 174 million |
FDI outflows
| 2013 | 2014 | 2015 |
| USD -169 million | USD 1,935 million | USD 13 million |
Value of cross-border M&A, by country of purchaser
| 2012 | 2013 | 2014 | 2015 |
| N/A | USD 5.4 million | USD 233.6 million | 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: 43 out of 190 countries (2016)
Subcategories:
Starting a business: 95 out of 190 countries
Enforcing Contracts: 7 out of 190 countries
Registering Property: 62 out of 190 countries
Getting credit: 75 out of 190 countries
Protecting investors: 27 out of 190 countries
Trading across border: 1 out of 190 countries
Paying Taxes: 49 out of 190 countries
Dealing with Construction Permits: 128 out of 190 countries
Getting Electricity: 68 out of 190 countries
Resolving Insolvency: 54 out of 190 countries
Source
Global competitiveness ranking
74 out of 138 countries
(2016-2017)
Index of Economic Freedom
Ranking: 103 / Score: 59.13 (Mostly unfree) (2017)
(100=totally free 0=totally repressed)
Source
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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 | 2016* | 2021* |
| N/A | 4.381 million | 4.418 million | 4.204 million | 4.121 million |
*Estimate
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Urban population as % of total population
| 1960 | 1980 | 2000 | 2015 |
| 30% | 50% | 56% | 59% |
Literacy
Total population: 99.3%
Male: 99.7%
Female: 98.9% (2015 est.)
(age 15 and over can read and write)
% of population living on less than $3.10 a day
0.9% (2012)
Inequality of wealth distribution (Gini index)
32.5 (2012)
(0=perfect equality, 100=absolute inequality)
Source
Freedom House rating
Political Rights: 1
Civil Liberties: 2 (2017)
(1 represents the most free, 7 the least free rating)
Source
Total telephone subscribers as % of population
Fixed 34.70% Mobile 103.77% (2015)
(fixed-telephone subscribers and mobile-cellular subscribers)