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Indicators of economy in Croatia

The essential economic performance of a country is reflected by the gross domestic product. So the total of all goods and services sold. Worldwide gross domestic product in 2021 was at about 12.259 USD per capita. GDP in Croatia, on the other hand, reached USD 17.399 per capita, or 67.84 billion USD in the whole country. Croatia is therefore currently ranked 77 of the major economies. If this is calculated per inhabitant taking into account the purchasing power parity, then Croatia is in the list of the world's richest countries in place 43.
Inflation in Croatia was in 2021 at around 2.55%. Within the EU, the average in the same year was 2.55%. In the United States, it was most recently 4.70%.
Compared with the USA, prices for daily consumer goods are around 39.2% lower.
The Corruption Perceptions Index for the public sector counts 67 and is compared to other countries moderate.
Back to overview: Croatia

Impact of the Covid-19 pandemic

The consequences of the Covid pandemic were not insignificant in Croatia 2020. Overall, gross domestic product in 2020 fell from 62.25 billion US Dollar auf 57.20 billion US Dollar. With a drop of 8.1 percent, the economy in Croatia suffered more significant losses than other countries.. The tourism sector alone slumped by around 53 percent. The unemployment rate rose from 6.6 to 7.5 percent. The country's gross debt increased by 13.3%. The inflation rate has fallen from 0.8 percent previously to 0.2 percent by the end of 2020.

Unemployment rates in percent 1991 - 2021

Economic performance 2021

 Croatia
Total
Croatia
per capita
EU
Total
EU
per capita
GDP67.84 bn USD17,398.77 USD17.09 tn USD33,228.68 USD
Gross national product66.88 bn USD17,152.33 USD16.78 tn USD32,621.03 USD

Croatia ranked 45th in the Bloomberg Innovation Index in 2021. The index is calculated annually and most recently included 60 countries. The front-runner was South Korea.

Development of the Gross domestic product in billion US Dollar 1995 - 2021


Household debt and deficits 2021


 Croatia
Total
Croatia
per capita
EU
Total
EU
per capita
Gross debt54.07 bn USD13,868.26 USD15.07 tn USD29,300.11 USD
Budget deficit1.95 bn USD501.17 USD799.24 bn USD1,554.11 USD


Im- and Exports 2021

 Croatia
Total
Croatia
per capita
EU
Total
EU
per capita
Imports36.15 bn USD9,272.13 USD8,916.24 bn USD17,337.55 USD
Exports35.48 bn USD9,099.01 USD9,554.34 bn USD18,578.33 USD

Development of imports and exports in billions of USD 1993 - 2021
Exports
Imports

Croatia: AirportsLargest airports and airlines in CroatiaThe 7 biggest airports and 2 airlines in Croatia with further information and data
Croatia: Public HolidaysPublic holidays in Croatia 2022-2026Statutory and inofficial holidays in Croatia for 2022 to 2026
Pariah StatesList of the 11 current Pariah States11 countries, that suffer from the sanctions of the international community because of their mostly autocratic government.