Croatia Economic Statistics and Indicators

20, Sep 2020, 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: 2015 › 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 2015 is HRK 320.605 Billion.

GDP Growth (Constant Prices, National Currency) for Croatia in year 2015 is 1.645 %.

GDP (Current Prices, National Currency) for Croatia in year 2015 is HRK 334.219 Billion.

GDP (Current Prices, US Dollars) for Croatia in year 2015 is US$ 48.85 Billion.

GDP Deflator for Croatia in year 2015 is 104.246 (Index, Base Year as per country's accounts = 100).

GDP Per Capita (Constant Prices, National Currency) for Croatia in year 2015 is HRK 75,953.89 .

GDP Per Capita (Current Prices, National Currency) for Croatia in year 2015 is HRK 79,179.15 .

GDP Per Capita (Current Prices, US Dollars) for Croatia in year 2015 is US$ 11,572.91 .

GDP (PPP), US Dollars for Croatia in year 2015 is US$ 91.096 Billion.

GDP Per Capita (PPP), US Dollars for Croatia in year 2015 is US$ 21,581.43 .

GDP Share of World Total (PPP) for Croatia in year 2015 is 0.08 %.

Implied PPP Conversion Rate for Croatia in year 2015 is 3.669 .

Investment (% of GDP) for Croatia in year 2015 is 18.278 %.

Gross National Savings (% of GDP) for Croatia in year 2015 is 22.666 %.

Inflation, Average Consumer Prices (Indexed to Year 2000) for Croatia in year 2015 is 107.358 (Index, Base Year 2000 = 100).

Inflation (Average Consumer Price Change %) for Croatia in year 2015 is -0.464 %.

Inflation, End of Year (Indexed to Year 2000) for Croatia in year 2015 is 107 (Index, Base Year 2000 = 100).

Inflation (End of Year Change %) for Croatia in year 2015 is -0.187 %.

Import Volume of All Items Including Goods and Services (Percent Change) for Croatia in year 2015 is 6.2 %.

Import Volumes of Goods Only (Percent Change) for Croatia in year 2015 is 8.777 %.

Export Volume of All Items Including Goods and Services (Percent Change) for Croatia in year 2015 is 8 %.

Export Volumes of Goods Only (Percent Change) for Croatia in year 2015 is 12.096 %.

Unemployment Rate (% of Labour Force) for Croatia in year 2015 is 16.9 %.

Population for Croatia in year 2015 is 4.221 Million .

General government revenue (National Currency) for Croatia in year 2015 is HRK 145.525 Billions.

General government revenue (% of GDP) for Croatia in year 2015 is 43.542 %.

General government total expenditure (National Currency) for Croatia in year 2015 is HRK 159.01 Billions.

General government total expenditure (% of GDP) for Croatia in year 2015 is 47.577 %.

Total Government Net Lending/ Borrowing (National Currency) for Croatia in year 2015 is HRK -13.485 Billions.

Total Government Net Lending/ Borrowing (% of GDP) for Croatia in year 2015 is -4.035 %.

General Government Structural Balance (National Currency) for Croatia in year 2015 is HRK -10.752 Billion.

General Government Structural Balance (% Potential GDP) for Croatia in year 2015 is -3.109 %.

Fiscal Year Gross Domestic Product, Current Prices for Croatia in year 2015 is HRK 334.219 Billions.

Current Account Balance (US Dollars) for Croatia in year 2015 is US$ 2.143 Billion.

Current Account Balance (% GDP) for Croatia in year 2015 is 4.387 %.