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