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%.

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.


Croatia GDP from 1992 to 2024

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

Change Chart

    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