Economy of Croatia. Statistics, Data and Indicators
Croatia
| 45BB+ | Credit rank #66 |
| 162.36 | Quality of life #24 |
| 57 | Corruption rank#53 |
| 51 | Ease of doing business#58 |
Croatia Major Economic Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 68.96 USD Billion | 2021 |
| GDP Annual Growth Rate | 4 % | 4Q/22 |
| GDP Growth Rate | 0.9 % | 4Q/22 |
| GDP per capita | 15166 USD | 2021 |
| Inflation Rate YoY | 10.6 % | Mar/23 |
| Interest Rate | 3.5 % | Mar/23 |
| Unemployment Rate | 6.9 % | Feb/23 |
| Wages | 1094 HRK/Month | 155.34 USD/Month | Jan/23 |
| Balance of Trade | -1387 HRK Million | -0.197 B USD | Jan/23 |
| Current Account | -1440 EUR Million | -1.565 B USD | 4Q/22 |
| Foreign Exchange Reserves | 3161 EUR Million | 3.436 B USD | Feb/23 |
| Government Debt | 45510 HRK Million | 6.462 B USD | Nov/22 |
GDP Indicators
| Indicator | Data | Period |
|---|---|---|
| GDP Value | 68.96 USD Billion | 2021 |
| GDP Annual Growth Rate | 4 % | 4Q/22 |
| GDP Growth Rate | 0.9 % | 4Q/22 |
| GDP per capita | 15166 USD | 2021 |
| GDP Constant Prices | 14045 HRK Million | 1.994 B USD | 4Q/22 |
| GDP per capita PPP | 31636 USD | 2021 |
| GDP From Agriculture | 525 HRK Million | 0.075 B USD | 4Q/22 |
| GDP From Construction | 665 HRK Million | 0.094 B USD | 4Q/22 |
| GDP From Manufacturing | 1675 HRK Million | 0.238 B USD | 4Q/22 |
| GDP From Public Administration | 2059 HRK Million | 0.292 B USD | 4Q/22 |
| GDP From Services | 2452 HRK Million | 0.348 B USD | 4Q/22 |
Budget Indicators
| Indicator | Data | Period |
|---|---|---|
| Government Debt to GDP | 78.4 % | 2021 |
| Government Budget Value | 1269 HRK Million | 0.18 USD Billion | Sep/22 |
| Government Spending | 3360 HRK Million | 0.477 USD Billion | 4Q/22 |
| Government Debt | 45510 HRK Million | 6.462 USD Billion | Nov/22 |
| Government Revenues | 8241 HRK Million | 1.17 USD Billion | Sep/22 |
| Fiscal Expenditure | 6972 HRK Million | 0.99 B USD | Sep/22 |
| Government Budget to GDP | -2.6 % | 2021 |
| Government Spending to GDP | 22.2 % | 2021 |
| Military Expenditure | 1740 USD Million | 1.74 B USD | 2021 |
Inflation Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Price Index (CPI) | 122 index points | Feb/23 |
| Food Inflation | 17 % | Feb/23 |
| Gasoline Prices | 1.68 USD/Liter | Mar/23 |
| Inflation Rate YoY | 10.6 % | Mar/23 |
| Producer Prices | 132 index points | Feb/23 |
| Inflation Rate Mom | 0.8 % | Mar/23 |
| Core Consumer Prices | 122 Index Points | Feb/23 |
| Core Inflation Rate | 11.7 % | Feb/23 |
| CPI Housing Utilities | 119 Index Points | Feb/23 |
| CPI Transportation | 119 Index Points | Feb/23 |
| Harmonised Consumer Prices | 123 Index Points | Feb/23 |
| Producer Prices Change | 12.7 % | Feb/23 |
Trade Indicators
| Indicator | Data | Period |
|---|---|---|
| Current Account to GDP | 1.8 % | 2021 |
| Balance of Trade | -1387 HRK Million | -0.197 USD Billion | Jan/23 |
| Capital Flows | -130 EUR Million | -0.141 USD Billion | 4Q/22 |
| Current Account | -1440 EUR Million | -1.565 USD Billion | 4Q/22 |
| Exports | 1689 HRK Million | 0.24 USD Billion | Jan/23 |
| External Debt | 52855 EUR Million | 57.455 USD Billion | Dec/22 |
| Foreign Exchange Reserves | 3161 EUR Million | 3.436 USD Billion | Feb/23 |
| Imports | 3076 HRK Million | 0.437 USD Billion | Jan/23 |
| Tourist Arrivals | 114585 Persons | 0.115 Million Persons | Jan/23 |
Money Indicators
| Indicator | Data | Period |
|---|---|---|
| Bank Lending Rate | 2.77 % | Dec/22 |
| Gold Reserves | 13.13 Tonnes | 2Q/01 |
| Interbank Rate | 0.18 % | Mar/23 |
| Interest Rate | 3.5 % | Mar/23 |
| Loans to Private Sector | 4812 HRK Million | 0.683 USD Billion | Dec/22 |
| Money Supply M0 | 11139 HRK Million | 1.582 USD Billion | Jan/23 |
| Money Supply M1 | 27494 HRK Million | 3.904 USD Billion | Dec/22 |
| Central Bank Balance Sheet | 39126 HRK Million | 5.556 B USD | Jan/23 |
| Deposit Interest Rate | 0 % | Dec/22 |
| Foreign Direct Investment | 662 EUR Million | 0.72 B USD | 4Q/22 |
Labor Indicators
| Indicator | Data | Period |
|---|---|---|
| Minimum Wages | 700 EUR/Month | 760.927 USD/Month | 1Q/23 |
| Retirement Age Men | 65 | 2023 |
| Retirement Age Women | 63.25 | 2023 |
| Unemployment Rate | 6.9 % | Feb/23 |
| Wages | 1094 HRK/Month | 155.34 USD/Month | Jan/23 |
| Youth Unemployment Rate | 18 % | Dec/22 |
| Employed Persons | 1719 Thousand Person | 1.719 Million Person | 4Q/22 |
| Employment Change | 0.5 % | 4Q/22 |
| Employment Rate | 65.6 % | 4Q/22 |
| Full Time Employment | 1594 Thousand Person | 4Q/22 |
| Labor Force Participation Rate | 52.5 % | 4Q/22 |
| Living Wage Family | 10500 HRK/Month | 1564.78 USD/Month | 2018 |
| Living Wage Individual | 7020 HRK/Month | 1046.167 USD/Month | 2018 |
| Long Term Unemployment Rate | 2.6 % | 4Q/22 |
| Part Time Employment | 86 Thousand Persons | 4Q/22 |
| Unemployed Persons | 117985 Persons | 0.118 Million Persons | Feb/23 |
| Wage Growth | 11.75 % | Jan/23 |
| Wages High Skilled | 7340 HRK/Month | 1093.855 USD/Month | 2018 |
| Wages in Manufacturing | 993 HRK/Month | 140.999 USD/Month | Jan/23 |
| Wages Low Skilled | 3740 HRK/Month | 557.36 USD/Month | 2018 |
Taxes
| Indicator | Data | Period |
|---|---|---|
| Corporate Tax Rate | 18 % | 2022 |
| Personal Income Tax Rate | 30 % | 2022 |
| Sales Tax Rate | 25 % | 2022 |
| Social Security Rate | 36.5 % | 2022 |
| Social Security Rate For Companies | 16.5 % | 2022 |
| Social Security Rate For Employees | 20 % | 2022 |
Production Indicators
| Indicator | Data | Period |
|---|---|---|
| Crude Oil Production | 11 BBL/D/1K | Nov/22 |
| Electricity Production | 1637 GWh | Jan/23 |
| Industrial Production | -1.7 % | Feb/23 |
| Mining Production | -3.1 % | Feb/23 |
| Steel Production | 15 Thousand Tonnes | Dec/20 |
| Industrial Production (MoM) | 0.7 % | Feb/23 |
Business Indicators
| Indicator | Data | Period |
|---|---|---|
| Business Confidence | 8.5 index points | Mar/23 |
| Corruption Index | 50 index points | 2022 |
| Corruption Rank | 57 place | 2022 |
| Ease of Doing Business | 51 place | 2019 |
| Manufacturing Production | -3 % | Feb/23 |
| Competitiveness Index | 61.94 Index Points | 2019 |
| Competitiveness Rank | 63 | 2019 |
Consumer Indicators
| Indicator | Data | Period |
|---|---|---|
| Consumer Confidence | -22.5 index points | Mar/23 |
| Retail Sales MoM | 0 % | Feb/23 |
| Retail Sales YoY | 0.4 % | Feb/23 |
| Consumer Credit | 9170 HRK Million | 1.302 USD Billion | Dec/22 |
| Consumer Spending | 8414 HRK Million | 1.195 USD Billion | 4Q/22 |
| Households Debt To Income | 57.06 % | 2015 |
