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Economy of Croatia. Statistics, Data and Indicators

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Croatia
45BB+ Credit rank #66
162.36 Quality of life #24
57 Corruption rank#53
51 Ease of doing business#58
Croatia


Croatia Major Economic Indicators

Indicator Data Period
GDP Value 70.96 USD Billion 2022
GDP Annual Growth Rate 2.7 % 2Q/23
GDP Growth Rate 1.4 % 1Q/23
GDP per capita 16477 USD 2022
Inflation Rate YoY 6.6 % Sep/23
Interest Rate 4.5 % Sep/23
Unemployment Rate 6 % Aug/23
Wages 1141 HRK/Month | 1141 USD/Month Jul/23
Balance of Trade -1300 HRK Million | -1.3 B USD Aug/23
Current Account -542 EUR Million | -0.575 B USD 2Q/23
Foreign Exchange Reserves 2922 EUR Million | 3.1 B USD Aug/23
Government Debt 47635 HRK Million | 47.635 B USD Jun/23


GDP Indicators

Indicator Data Period
GDP Value 70.96 USD Billion 2022
GDP Annual Growth Rate 2.7 % 2Q/23
GDP Growth Rate 1.4 % 1Q/23
GDP per capita 16477 USD 2022
GDP Constant Prices 14930 HRK Million | 14.93 B USD 2Q/23
GDP per capita PPP 34025 USD 2022
GDP From Agriculture  345 HRK Million | 0.345 B USD 2Q/23
GDP From Construction  704 HRK Million | 0.704 B USD 2Q/23
GDP From Manufacturing  1753 HRK Million | 1.753 B USD 2Q/23
GDP From Public Administration  2105 HRK Million | 2.105 B USD 2Q/23
GDP From Services  3169 HRK Million | 3.169 B USD 2Q/23


Budget Indicators

Indicator Data Period
Government Debt to GDP 68.4 % 2022
Government Budget Value 4.6 HRK Million | 0.005 USD Billion Mar/23
Government Spending 2880 HRK Million | 2.88 USD Billion 2Q/23
Government Debt 47635 HRK Million | 47.635 USD Billion Jun/23
Government Revenues 7790 HRK Million | 7.79 USD Billion Mar/23
Fiscal Expenditure  7785 HRK Million | 7.785 B USD Mar/23
Government Budget to GDP 0.4 % 2022
Government Spending to GDP 20.5 % 2022
Military Expenditure 1308 USD Million | 1.308 B USD 2022


Inflation Indicators

Indicator Data Period
Consumer Price Index (CPI) 127 index points Aug/23
Food Inflation 9.6 % Sep/23
Gasoline Prices 1.73 USD/Liter Sep/23
Inflation Rate YoY 6.6 % Sep/23
Producer Prices 132 index points Sep/23
Inflation Rate Mom 0.4 % Sep/23
Core Consumer Prices 127 Index Points Aug/23
Core Inflation Rate 8.5 % Aug/23
CPI Housing Utilities 119 Index Points Aug/23
CPI Transportation 126 Index Points Aug/23
Harmonised Consumer Prices 130 Index Points Aug/23
Producer Prices Change  1.2 % Sep/23


Trade Indicators

Indicator Data Period
Current Account to GDP -3.3 % 2022
Balance of Trade -1300 HRK Million | -1.3 USD Billion Aug/23
Capital Flows 1364 EUR Million | 1.447 USD Billion 2Q/23
Current Account -542 EUR Million | -0.575 USD Billion 2Q/23
Exports 1700 HRK Million | 1.7 USD Billion Aug/23
External Debt 56520 EUR Million | 59.962 USD Billion Jun/23
Foreign Exchange Reserves 2922 EUR Million | 3.1 USD Billion Aug/23
Imports 2900 HRK Million | 2.9 USD Billion Aug/23
Tourist Arrivals 13440938 Persons | 13.441 Million Persons Aug/23


Money Indicators

Indicator Data Period
Bank Lending Rate 4.28 % Aug/23
Gold Reserves 13.13 Tonnes 2Q/01
Interbank Rate 0.18 % Oct/23
Interest Rate 4.5 % Sep/23
Loans to Private Sector 14413 HRK Million | 14.413 USD Billion Jul/23
Money Supply M0 9797 HRK Million | 9.797 USD Billion Aug/23
Money Supply M1 54452 HRK Million | 54.452 USD Billion Aug/23
Central Bank Balance Sheet 41393 HRK Million | 41.393 B USD Aug/23
Deposit Interest Rate 0.02 % Jul/23
Foreign Direct Investment 203 EUR Million | 0.215 B USD 2Q/23


Labor Indicators

Indicator Data Period
Minimum Wages 700 EUR/Month | 742.627 USD/Month 3Q/23
Retirement Age Men 65 2023
Retirement Age Women 63.25 2023
Unemployment Rate 6 % Aug/23
Wages 1141 HRK/Month | 1141 USD/Month Jul/23
Youth Unemployment Rate 20 % Jun/23
Employed Persons 1611 Thousand Person | 1.611 Million Person 2Q/23
Employment Change  -0.7 % 2Q/23
Employment Rate  66 % 2Q/23
Full Time Employment 1484 Thousand Person 1Q/23
Labor Force Participation Rate 52.2 % 2Q/23
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 1.6 % 2Q/23
Part Time Employment 67.6 Thousand Persons 1Q/23
Unemployed Persons 107387 Persons | 0.107 Million Persons Aug/23
Wage Growth  13.42 % Jul/23
Wages High Skilled 7340 HRK/Month | 1093.855 USD/Month 2018
Wages in Manufacturing 1044 HRK/Month | 1044 USD/Month Jul/23
Wages Low Skilled  3740 HRK/Month | 557.36 USD/Month 2018


Taxes



Production Indicators

Indicator Data Period
Crude Oil Production 10 BBL/D/1K May/23
Electricity Production 1250 GWh Jul/23
Industrial Production -2.4 % Aug/23
Mining Production -5.48 % Aug/23
Steel Production 15 Thousand Tonnes Dec/20
Industrial Production (MoM) -2.2 % Aug/23


Business Indicators

Indicator Data Period
Business Confidence 2.5 index points Sep/23
Corruption Index 50 index points 2022
Corruption Rank 57 place 2022
Ease of Doing Business 51 place 2019
Manufacturing Production 1 % Jul/23
Competitiveness Index 61.94 Index Points 2019
Competitiveness Rank 63 2019


Consumer Indicators

Indicator Data Period
Consumer Confidence -17.1 index points Sep/23
Retail Sales MoM 0.1 % Aug/23
Retail Sales YoY 3 % Aug/23
Consumer Credit 21130 HRK Million | 21.13 USD Billion Aug/23
Consumer Spending 8516 HRK Million | 8.516 USD Billion 2Q/23
Households Debt To Income 57.06 % 2015