Croatia GDP Trends from 1992 to 2024: A overall increase with some decline Flow

Croatia's GDP changed from approximately $568M in 1992 to $88B 76M in 2024, showing an overall 15406.3% sharply increased during the period.
The lowest GDP was recorded in 1992 at $568M, and the highest in 2024 at $88B 76M.
Over the 32-year span, the GDP showed a overall increase with some decline trend, with an average annual growth rate of 17.1%.
For comparison, the average annual growth rate of Serbia was 9.3%, and that of Slovenia was 4.2%.

Croatia GDP from 1992 to 2024

The total market value of goods and services produced annually in Croatia.

Change Chart

    Overview of Croatia's GDP (1992–2024)

    The Gross Domestic Product (GDP) of Croatia recorded a 15406.3% sharply increased from 1992 to 2024.
    The average GDP during this period was $46B 41M, and the median was $52B 497M.
    GDP fluctuated within a range of $87B 508M, with a standard deviation of $22B 170M.
    The average annual change was $2B 118M.


    Highest and Lowest GDP Records

    • Lowest GDP: 1992, $568M
    • Highest GDP: 2024, $88B 76M
    • Most Recent GDP: 2024, $88B 76M

    Notable Annual GDP Changes

    • 2021: Significant increase in GDP
    • 2015: Noticeable drop in GDP

    Overall pattern: overall increase with some decline


    Global Economic Events and Croatia's GDP

    COVID-19 Pandemic (2020)

    • Period: From 2019 to 2020
    • GDP Change: $61B 475M → $57B 718M
    • Outcome: declined

    2008 Global Financial Crisis

    • Period: From 2007 to 2009
    • GDP Change: $59B 325M → $62B 21M
    • Outcome: increased

    2001 Dot-com Bubble Burst

    • Period: From 2000 to 2001
    • GDP Change: $22B 138M → $23B 63M
    • Outcome: increased

    1998 Asian Financial Crisis

    • Period: From 1997 to 1998
    • GDP Change: $22B 94M → $23B 963M
    • Outcome: increased

    Key Economic Indicators of Croatia (1992–2024)

    yearNominal GDPGDP per CapitaPPP per CapitaPPP GDPGDP GrowthCurrent AccountSavingsFiscal BalancePopulation
    1992
    $ 568M
    $ 120
    $ 8,270.09
    $ 39B 116M
    0 %
    55.389 %
    13.74 %
    -4.82 %
    4M 730K people
    1993
    $ 7B 355M
    $ 1,590.59
    $ 7,966.76
    $ 36B 840M
    -8 %
    8.441 %
    4.88 %
    -2.047 %
    4M 624K people
    1994
    $ 16B 663M
    $ 3,683.03
    $ 8,807.24
    $ 39B 846M
    5.9 %
    4.103 %
    20.75 %
    0.635 %
    4M 524K people
    1995
    $ 20B 650M
    $ 4,637.51
    $ 9,742.21
    $ 43B 380M
    6.634 %
    -6.326 %
    16.81 %
    -2.623 %
    4M 453K people
    1996
    $ 22B 97M
    $ 4,916.98
    $ 10,407.08
    $ 46B 769M
    5.874 %
    -4.262 %
    20.08 %
    -3.115 %
    4M 494K people
    1997
    $ 22B 94M
    $ 4,832.44
    $ 11,097.46
    $ 50B 738M
    6.645 %
    -11.255 %
    25.59 %
    -3.089 %
    4M 572K people
    1998
    $ 23B 963M
    $ 5,324.03
    $ 11,611.45
    $ 52B 263M
    1.862 %
    -6.103 %
    21.57 %
    -4.555 %
    4M 501K people
    1999
    $ 23B 585M
    $ 5,179.03
    $ 11,529.83
    $ 52B 507M
    -0.936 %
    -6.314 %
    21.23 %
    -9.159 %
    4M 554K people
    2000
    $ 22B 138M
    $ 5,053.11
    $ 12,716.14
    $ 55B 709M
    3.749 %
    -1.41 %
    17.92 %
    -7.233 %
    4M 381K people
    2001
    $ 23B 63M
    $ 5,363.40
    $ 13,661.33
    $ 58B 744M
    3.125 %
    -2.179 %
    18.32 %
    -2.925 %
    4M 300K people
    2002
    $ 26B 739M
    $ 6,215.47
    $ 14,674.04
    $ 63B 128M
    5.819 %
    -6.389 %
    17.37 %
    -3.649 %
    4M 302K people
    2003
    $ 35B 249M
    $ 8,191.83
    $ 15,797.82
    $ 67B 977M
    5.599 %
    -8.938 %
    18.29 %
    -3.664 %
    4M 303K people
    2004
    $ 41B 836M
    $ 9,717.96
    $ 16,892.90
    $ 72B 724M
    4.18 %
    -5.959 %
    20.05 %
    -4.728 %
    4M 305K people
    2005
    $ 45B 50M
    $ 10,452.38
    $ 18,152.18
    $ 78B 236M
    4.308 %
    -7.301 %
    18.77 %
    -1.966 %
    4M 310K people
    2006
    $ 49B 601M
    $ 11,505.75
    $ 19,657.54
    $ 84B 744M
    5.078 %
    -7.928 %
    20.15 %
    -0.941 %
    4M 311K people
    2007
    $ 59B 325M
    $ 13,764.59
    $ 21,219.61
    $ 91B 457M
    5.075 %
    -7.938 %
    20.20 %
    -1.204 %
    4M 310K people
    2008
    $ 68B 512M
    $ 15,896.07
    $ 22,063.36
    $ 95B 93M
    2.011 %
    -10.965 %
    18.56 %
    -1.188 %
    4M 310K people
    2009
    $ 62B 21M
    $ 14,406.81
    $ 20,621.11
    $ 88B 774M
    -7.218 %
    -6.516 %
    17.49 %
    -5.532 %
    4M 305K people
    2010
    $ 58B 869M
    $ 13,706.35
    $ 20,660.05
    $ 88B 735M
    -1.244 %
    -2.162 %
    17.91 %
    -4.661 %
    4M 295K people
    2011
    $ 62B 724M
    $ 14,651.81
    $ 21,137.88
    $ 90B 491M
    -0.082 %
    -1.698 %
    17.04 %
    -5.298 %
    4M 281K people