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 | 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
| Indicator | Data | Period |
|---|---|---|
| Corporate Tax Rate | 18 % | 2022 |
| Personal Income Tax Rate | 30 % | 2022 |
| Sales Tax Rate | 25 % | 2023 |
| Social Security Rate | 36.5 % | 2023 |
| Social Security Rate For Companies | 16.5 % | 2023 |
| Social Security Rate For Employees | 20 % | 2023 |
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 |
