Croatia Economic Statistics and Indicators
24, May 2016, EDT. Welcome to the Croatia economic statistics pages provided by the beta version of EconomyWatch.com's Econ Stats database.
Economic Indicators For: Croatia › Change country
National or Regional Currency: Kuna, or Hrvatska, HRK
Year of data: 2014 › Change year
Number of Indicators Listed: 38
Full Dataset: From Year 1980 to 2019
Date of Last Update: 17th March 2015
Population: 4,470,534 (July 2014 est.)
Area: total: 56,594 sq km ; land: 55,974 sq km ; water: 620 sq km
Natural Resources: oil, some coal, bauxite, low-grade iron ore, calcium, gypsum, natural asphalt, silica, mica, clays, salt, hydropower
Capital: name: Zagreb ; geographic coordinates: 45 48 N, 16 00 E ; time difference: UTC+1 (6 hours ahead of Washington, DC, during Standard Time) ; daylight saving time: +1hr, begins last Sunday in March; ends last Sunday in October
Though still one of the wealthiest of the former Yugoslav republics, Croatia's economy suffered badly during the 1991-95 war. The country's output during that time collapsed and Croatia missed the early waves of investment in Central and Eastern Europe that followed the fall of the Berlin Wall. Between 2000 and 2007, however, Croatia's economic fortunes began to improve with moderate but steady GDP growth between 4% and 6% led by a rebound in tourism and credit-driven consumer spending. Inflation over the same period remained tame and the currency, the kuna, stable. Croatia experienced an abrupt slowdown in the economy in 2008 and has yet to recover; economic growth was stagnant or negative in each year since 2009. Difficult problems still remain, including a stubbornly high unemployment rate, uneven regional development, and a challenging investment climate. Croatia continues to face reduced foreign investment. On 1 July 2013 Croatia joined the EU, following a decade-long application process. Croatia will be a member of the European Exchange Rate Mechanism until it meets the criteria for joining the Economic and Monetary Union and adopts the euro as its currency. EU accession has increased pressure on the government to reduce Croatia’s relatively high public debt, which triggered the EU’s excessive deficit procedure for fiscal consolidation. Zagreb has cut spending since 2012, and the government also raised additional revenues through more stringent tax collection and by raising the Value Added Tax. The government has also sought to accelerate privatization of non-strategic assets, with mixed success.
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GDP (Constant Prices, National Currency) for Croatia in year 2014 is HRK 261.707 Billion.
GDP (Current Prices, National Currency) for Croatia in year 2014 is HRK 322.476 Billion.
GDP (Current Prices, US Dollars) for Croatia in year 2014 is US$ 58.325 Billion.
GDP Deflator for Croatia in year 2014 is 123.22 (Index, Base Year as per country's accounts = 100).
GDP Per Capita (Constant Prices, National Currency) for Croatia in year 2014 is HRK 61,132.25 .
GDP Per Capita (Current Prices, National Currency) for Croatia in year 2014 is HRK 75,327.16 .
GDP Per Capita (Current Prices, US Dollars) for Croatia in year 2014 is US$ 13,624.26 .
GDP (PPP), US Dollars for Croatia in year 2014 is US$ 87.3 Billion.
GDP Per Capita (PPP), US Dollars for Croatia in year 2014 is US$ 20,392.48 .
Investment (% of GDP) for Croatia in year 2014 is 19.124 %.
Inflation, Average Consumer Prices (Indexed to Year 2000) for Croatia in year 2014 is 107.727 (Index, Base Year 2000 = 100).
Inflation, End of Year (Indexed to Year 2000) for Croatia in year 2014 is 107.575 (Index, Base Year 2000 = 100).
Population for Croatia in year 2014 is 4.281 Million .
General government revenue (National Currency) for Croatia in year 2014 is HRK 129.332 Billions.
General government total expenditure (National Currency) for Croatia in year 2014 is HRK 144.377 Billions.
Total Government Net Lending/ Borrowing (National Currency) for Croatia in year 2014 is HRK -15.045 Billions.
General Government Structural Balance (National Currency) for Croatia in year 2014 is HRK -10.908 Billion.
Fiscal Year Gross Domestic Product, Current Prices for Croatia in year 2014 is HRK 322.476 Billions.
Current Account Balance (US Dollars) for Croatia in year 2014 is US$ 1.27 Billion.
|Number of Internet Users for Croatia|
|Internet Penetration Rate for Croatia|
|Number of Facebook Accounts for Croatia|
|Facebook Penetration Rate for Croatia|
|Corruption Perceptions Index Rank and Score for Croatia|
Data Sources: IMF, World Bank, UN, OECD, CIA World Factbook, Internet World Statistics, The Heritage Foundation and Transparency International