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.
Data Source: International Monetary Fund
Image Source: Freepik from www.flaticon.com
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 | Nominal GDP | GDP per Capita | PPP per Capita | PPP GDP | GDP Growth | Current Account | Savings | Fiscal Balance | Population |
|---|---|---|---|---|---|---|---|---|---|
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 |
