{{Infobox economy

| country = Croatia

| image = File:Zagreb (43718439010).jpg

| image_size = 310px

| caption = The city of Zagreb is the capital and financial centre of Croatia.

| currency = Euro (EUR, €)

| year = Calendar year

| organs = EU, EEA, WTO

| group = {{plainlist|

  • Advanced economy
  • High-income economy}}

| population = 3,866,233 (2024)

| gdp = {{plainlist|

  • $116.57 billion (nominal, 2026f)
  • $207.40 billion (PPP, 2026f)}}

| gdp rank = {{plainlist|

  • 71st (nominal, 2026)
  • 81st (PPP, 2026)}}

| cpi = 47 out of 100 points (2025) (63rd)

| growth = {{plainlist|

  • 2.6% ()
  • 2.7% ()
  • 2.7% ()

}}

| per capita = {{plainlist|

  • $30,030 (nominal, 2026f)
  • $54,359 (PPP, 2026f)}}

| per capita rank = {{plainlist|

  • 46th (nominal, 2026)
  • 40th (PPP, 2026)}}

| sectors = {{plainlist|

  • Agriculture: 3.36%
  • Industry: 21.01%
  • Services: 59.07%
  • (2023)<ref>{{cite web|url=https://www.statista.com/statistics/348751/share-of-economic-sectors-in-the-gdp-in-croatia/ |title=Croatia: Share of economic sectors in the gross domestic product (GDP) from 2012 to 2023

|website=statista}}</ref>}}

| inflation = 3.9% (2026)

| poverty = 21.7% at-risk (2024)

| gini = 29.8 (2024)

| hdi = {{plainlist|

  • 0.889 (41st) (2023)
  • 0.828 IHDI (30th) (2023)}}

| labor = {{plainlist|

  • 1,788,994 (2025)
  • 74.4% employment rate (2025)}}

| unemployment = {{plainlist|

  • 3.7% (May 2026)
  • 16.3% (youth) (March 2026)}}

| average gross salary = €2,183 monthly (March 2026)

| average net salary = €1,555 monthly (March 2026)

| industries = chemicals and plastics, machine tools, fabricated metal, electronics, pig iron and rolled steel products, aluminium, paper, wood products, construction materials, textiles, shipbuilding, petroleum and petroleum refining, food and beverages, tourism

| exports = $26.13 billion (2024)

| export-goods = transport equipment, machinery, textiles, chemicals, foodstuffs, fuels

| export-partners = {{plainlist|

  • 11.9%
  • 11.4%
  • 11.2%
  • 10.9%
  • 6.2%
  • 5.4%
  • 5.1%
  • 3.3%
  • 2.4%
  • 2.4%
  • (2024)}}

| imports = $46.56 billion (2024)

| import-goods = machinery, transport and electrical equipment; chemicals, fuels and lubricants; foodstuffs

| import-partners = {{plainlist|

  • 14.4%
  • 13.2%
  • 11.8%
  • 6.5%
  • 5.3%
  • 4.1%
  • 4.1%
  • 4.0%
  • 3.4%
  • 2.8%
  • (2024)}}

| current account = €-1.059 billion (2024)

| FDI = {{plainlist|

  • $43.71 billion (on-shore) (2017)
  • $8.473 billion (off-shore) (2017)}}

| gross external debt = €56.19 billion (2024)

| debt = {{plainlist|

  • 56.3% of GDP (2025)
  • €52.4 billion (2025)}}

| revenue = 47.1% of GDP (2025)

| expenses = 50.1% of GDP (2025)

| balance = {{plainlist|

  • €-2.796 billion deficit (2025)
  • -3.0% of GDP (2025)}}

| aid = {{plainlist|

  • €10.74 billion from European Structural and Investment Funds (2014–2020)}}

| credit = {{plainlist|

  • Standard & Poor's:
  • A (Long Term)
  • A-1 (Short Term)
  • Outlook: Stable (2026)

  • Fitch:
  • A−
  • Outlook: Stable (2026)

  • Moody's:
  • A3
  • Outlook: Stable (2024)

  • Scope:<ref name="auto1">{{cite news | title=Scope affirms Croatia's credit ratings at A- and revises the Outlook to Positive

|publisher=Scope Ratings |url=https://scoperatings.com/announcements/rating-announcement/EN/180154 |access-date=9 April 2026}}</ref>

  • A−
  • Outlook: Positive (2026)}}

| reserves = €2.92 billion (August 2024)

}}

Croatia has a highly developed mixed economy. It is one of the largest economies in Southeast Europe by nominal gross domestic product (GDP). It maintains a similarly high regional GDP-per-capita. It is an open economy with accommodative foreign policy, highly dependent on international trade in Europe. Within Croatia, economic development varies among its counties, with strongest growth in Central Croatia and its financial centre, Zagreb. It has a very high level of human development, low levels of income inequality, and a high quality of life. Croatia's labor market has been perennially inefficient, with an underdeveloped investment climate and an ineffective corporate and income tax system.

Croatia's economic history is closely linked to its historic nation-building efforts. Its pre-industrial economy leveraged the country's geography and natural resources to guide agricultural growth. The 1800s saw a shipbuilding boom, railroading, and widespread industrialization. During the 1900s, Croatia entered into a planned economy (with socialism) in 1941 and a command economy (with communism) during World War II. It underwent rapid urbanization in the 1950s and decentralized in 1965, diversifying its economy before the independence of Croatia in 1990. The Croatian War of Independence (1991–95) curbed 21–25% of wartime GDP, leaving behind a developing transition economy.

The modern Croatian economy is considered high-income, dominated by its tertiary service and industry sectors which account for 70% of GDP. Tourism in Croatia routinely generates 10% to 15% of total GDP. An emerging energy power in Europe, it has strategic investments in liquefied natural gas, geothermal networks, and electric transport. It supports regional economic activity via transportation networks along the Adriatic Sea and throughout European corridors. It is a member of the Eurozone and Schengen Area. Croatia has free-trade agreements with many world nations and is part of the WTO (2000) and EEA (2013).

History

Up to the 20th century

When Croatia was still part of the Austro-Hungarian Empire, its economy maintained a large agricultural sector with industrialization spreading through larger cities. The Kingdom of Croatia had a high ratio of population working on farmland. Many industrial branches developed in that time, like forestry and wood industry (stave fabrication, the production of potash, lumber mills, shipbuilding). The most profitable one was stave fabrication, the boom of which started in the 1820s with the clearing of the oak forests around Karlovac and Sisak and again in the 1850s with the marshy oak masses along the Sava and Drava rivers. Shipbuilding in Croatia played a significant role in the 1850s Austrian Empire, especially the long-range sailing boats. Sisak and Vukovar were the major centers of river-shipbuilding.Mariann Nagy – Croatia in the Economic Structure of the Habsburg Empire in the Light of the 1857 Census, p. 81-82 Slavonia was mostly an agricultural land and was known for its silk production. Agriculture and the breeding of cattle were the most profitable occupations of locals. The region produced corn of all kinds, hemp, flax, tobacco, and great quantities of licorice.Mariann Nagy – Croatia in the Economic Structure of the Habsburg Empire in the Light of the 1857 Census, p. 88Society for the Diffusion of Useful Knowledge: The Penny Cyclopaedia of the Society for the Diffusion of Useful Knowledge, vol 22, p. 100-101

thumb|leftInitial industrialization began in the 1830s and in the following decades the construction of big industrial enterprises took place.Mikulas Teich, Roy Porter: The Industrial Revolution in National Context: Europe and the USA, Cambridge University Press, 1996, p. 310 During the mid-19th and early-20th centuries there was an upsurge of industry in Croatia, strengthened by the construction of railways and the electric-power production.Mikulas Teich, Roy Porter: The Industrial Revolution in National Context: Europe and the USA, Cambridge University Press, 1996, p. 311 Industrialization was faster in central Croatia than in other regions, while Dalmatia remained one of the least developed provinces of Austria-Hungary.Richard C. Frucht: Eastern Europe: An Introduction to the People, Land, and Culture, p. 462–463 In 1918 Croatia became part of the Kingdom of Yugoslavia, which was, during the interwar period, one of the least developed countries in Europe. Most of its industry was based in Drava Banovina (Slovenia) and Banovina of Croatia, but further industrial development was modest and centered on textile mills, sawmills, brick yards and food-processing plants. The economy was still traditionally based on agriculture, with laborers accounting for more than half of Croatia's population.The First Yugoslavia: Search for a Viable Political System, Hoover Press, 1983, p. 72

In 1941 the Independent State of Croatia (NDH), a World War II puppet state of Germany and Italy, was established in parts of Axis-occupied Yugoslavia. The economic system of NDH was based on the concept of "Croatian socialism".Rory Yeomans:Visions of Annihilation: The Ustasha Regime and the Cultural Politics of Fascism, 1941–1945, University of Pittsburgh Pre, 2013, p. 197 The main characteristic of the new system was the concept of a planned economy with high levels of state involvement in economic life.Hrvoje Matković: Povijest nezavisne države Hrvatske, Drugo, dopunjeno izdanje Zagreb, 2002., p. 118 As the war progressed the government kept printing more money and its amount in circulation was rapidly increasing, resulting in high inflation rates.Jozo Tomašević: Rat i revolucija u Jugoslaviji 1941–1945, 2010, p. 785 After the NDH was expelled from Croatia during World War II, the new Communist Party of Yugoslavia converted to a command economy on the Soviet model of rapid industrial development. By 1948 almost all domestic and foreign-owned capital had been nationalized. The industrialization plan relied on high taxation, fixed prices, war reparations, and export of food and raw materials. Forced collectivization of agriculture was initiated in 1949.thumb|Croatia's economic development (light green) in 1947 as part of Socialist Yugoslavia.|leftThroughout the 1950s, the Socialist Republic of Croatia experienced rapid urbanization. In 1965, its national economy decentralized which spurred growth of several sectors including a prosperous tourist industry. Following its northern neighbor, the Socialist Republic of Slovenia, Croatia had the second-highest GDP-per-capita from 1953 to 1989. It generated 41% higher GDP-per-capita than the Yugoslav average. Croatia generated 28.5% of Yugoslav GDP or $37.05billion in 1990. Croatia and Slovenia accounted for nearly half of the total Yugoslav GDP and reflected a significantly higher standard of living. In the mid-1960s, Yugoslavia lifted emigration restrictions and the number of emigrants increased rapidly. In 1971, nearly 224,722 workers from Croatia were employed abroad, mostly in West Germany.Ivo Nejašmić: Hrvatski građani na radu u inozemstvu: razmatranje popisnih podataka 1971, 1981. i 1991. Foreign remittances contributed $2 billion annually to the Croatian economy by 1990.Europa Publications Limited. Eastern Europe and the Commonwealth of Independent States 1999: 1999. Routledge, 1999. (pg. 279) This, coupled with austerity programs and hyperinflation in the 1980s, led to discontent in both Croatia and Slovenia which eventually fueled its independence movement.International Business Publications: Croatia Investment and Trade Laws and Regulations Handbook, p. 22thumb|GDP of Croatia at constant 2010 prices from 1990 to 2017In the late 1980s and early 1990s, with the collapse of socialism and the beginning of economic transition, Croatia faced considerable economic stagnation. This included inefficient privatization, the disruption of free trade as well as a large refugee and displaced population, both Croatian and Bosnian. Shortly after Croatia gained independence in 1995, the country entered into an economic recession stemming from fallout related to the broader Yugoslavian economy. During the related Yugoslav Wars, Croatian infrastructure sustained large-scale damage in from 1991 to 1992, especially their revenue-rich tourism industry. The privatization of sovereign assets and transformation from a planned economy to a market economy was unsteady, largely as a result of public mistrust when many state-owned companies were sold to politically well-connected at below-market prices. With the end of the war, Croatia's economy recovered moderately, but lingering corruption stymied economic reforms and foreign investment.Istvan Benczes: Deficit and Debt in Transition: The Political Economy of Public Finances in Central and Eastern Europe, Central European University Press, 2014, p. 203

The early 1990s experienced high inflation. In 1991, the Croatian dinar was introduced as a transitional currency, but inflation continued to accelerate. The anti-inflationary stabilization steps in 1993 decreased retail price inflation from a monthly rate of 38.7% to 1.4%, and by the end of the year, Croatia experienced deflation. In 1994, Croatia introduced the kuna as its currency. The central government budget was in surplus in 1997, most of which was used to repay foreign debt.OECD: Agricultural Policies in Emerging and Transition Economies 1999, p. 43 Public debt-to-GDP had fallen from 27.30% to 26.20% at the end of 1998. The consumer-driven economic boom was disrupted in mid-1998, as a result of a banking crisis that saw 14 banks insolvent.

21st century

thumb|right|Real GDP growth in Croatia 2005–2015

Croatia emerged from economic recession in 1999, with growth reaccelerating in 2000 through a number of structural reforms.Istvan Benczes:Deficit and Debt in Transition: The Political Economy of Public Finances in Central and Eastern Europe, Central European University Press, 2014, p. 207 Economic growth in the 2000s was stimulated by a credit boom led by newly privatized banks, capital investment, especially in road construction, a rebound in tourism and credit-driven consumer spending. In 2003, the nation's economy would officially recover to the amount of GDP it had in 1990. Unemployment continued falling, powered by growing industrial production and expanding economic output. Between 2003 and 2007, Croatia's private-sector share of GDP increased from 60% to 70%. Economic growth declined due to the global 2008 financial crisis. After initially the avoiding severe economic disruption neighboring countries faced, Croatia saw a decline in GDP growth from 2009 to 2010, falling flat in 2011.Martina Dalić (2013): "Croatia: A Prolonged Crisis without Recovery" in Novotny Vitt (ed.) From Reform to Growth: Managing the Economic Crisis in Europe, Centre for European Studies, Brussels, May/2013, p. 67-88 The slow pace of privatization of state-owned businesses and sensitive tourism sector continued to drag on the economy.thumb|245x245px|Croatia joined the European economic bloc in 2013

Croatia joined the European Union on 1 July 2013 as the 28th member state. The Croatian economy rapidly integrated with the rest of continental EU states, becoming more sensitive to international trade. Italy, Germany and Slovenia became Croatia's most important trade partners. The annual average unemployment rate spiked in 2014 at 17.3%, the third-highest unemployment rate in the EU, after Greece (26.5%), and Spain (24.%). Croatia's heavily backlogged judiciary system, combined with inefficient public administration, especially regarding the issues of land ownership and corruption in the public sector remained a key challenge. Throughout 2015 to 2020, the Croatian economy continued to see positive economic growth. Excess tax receipts in 2016 enabled the repayment of debt and narrowed the current account deficit.

The economy was heavily impacted by the COVID-19 pandemic in 2020 which curbed its revenue-rich tourism sector. During this period, 400,000 workers filed for economic aid and the European Commission estimated an annual economic loss of 9.6%. Later that year, capital city Zagreb was struck by a major earthquake which caused severe infrastructure damage. In 2021, ahead of Croatia's ascension into the Eurozone, the nation posted record gains in exports, industrial production, and credit rating. Its debut automotive industry was formed with the advent of Rimac Automobili in Sveta Nedelja. Croatia's digital economy increased by 16% on average annually from 2019 to 2021. It was estimated that by 2030 its value could reach 15% of total GDP, with the IT sector being the main driver of that growth. Croatia joined the Eurozone and Schengen Area in 2022, with the country adopting the Euro currency in 2023.

GDP

The Croatian economy is expected to grow to $140 billion by 2029, as measured by nominal gross domestic product (GDP). It is one of the largest economies in Southeast Europe by nominal GDP. It maintains a similarly high regional nominal GDP-per-capita. Since 1998, Croatia has been the largest economy of former Yugoslavia by nominal GDP according to the IMF. It has been the second-largest economy of former Yugoslavia by purchasing power parity (PPP) since 2008. It has been the second-wealthiest former Yugoslav republic by GDP-per-capita since 1992. From 2022 to 2025, Croatia has maintained average annual GDP growth of 4.8%, outperforming the majority of fellow EU member states. It has a forecasted GDP growth rate of 2% to 3% from 2026 to 2029 per S&P Global and the European Commission. Economic growth in Croatia is dependent on high levels of public investment and consumption, with key challenges around productivity and labor market inefficiency.

Sectors

The largest economic sectors in Croatia have been tertiary service, followed by retail and trade since 2022.

Industry

<gallery mode="packed">

File:Pula 20220222 02.jpg|Uljanik shipyard

File:Asfaltna baza Ivanovec.1.jpg|Asphalt plant in Ivanovec

File:Sisak oil refinery2.JPG|Sisak oil refinery

File:Zadar2006.2.JPG|Maraska liqueur factory in Zadar

</gallery>The industrial production of Croatia has historically played an important role in the country's economy. It has a longstanding tradition based since the 19th century on agriculture, forestry and mining. Many industrial branches developed at that time, like wood industry, food manufacturing, potash production, shipbuilding, leather and footwear production, textile industry, and others. It typically constitutes around 20% of overall economic output, with an average annual growth rate of 3-4%.

Tourism

<gallery mode="packed">

File:Dubrovnik Cruise Ship dock Costa Deliziosa.jpg|Cruise ship in Dubrovnik

File:Lika-Senj (HR), Plitvicer Seen, Kleiner Prštavac -- 2022 -- 0152.jpg|Plitvice Lakes National Park

File:St. Mark's Church - Crkva svetog Marka.jpg|St. Mark's Church in Zagreb

File:Castle of Varazdin (17).jpg|Varaždin Old Town

File:Golden Cape.jpg|Zlatni Rat beach on the island of Brač

</gallery>

Tourism is a major industry and economic sector. It routinely generates 10% to 15% of total GDP. A total of 20.2 million tourists visited in 2024. In 2025, Croatia was the ninth-most-visited state in the EU and third-most-visited in Southern Europe. Its positive effects are felt throughout the economy in terms of increased business volume observed in retail business, processing industry orders and summer seasonal employment. The industry is considered an export business, because it significantly reduces the country's external trade imbalance. Inflation and overtourism has led to increased travel regulations and tourist costs since 2024. Eurostat estimated that nearly 55% of EU tourist accommodation is between Croatia (117,000) and neighboring Italy (230,000).

Agriculture

<gallery mode="packed">

File:Boškarin.JPG|Boškarin cattle

File:Fields near Metkovic 4.jpg|Plantations in the fertile Neretva valley

File:Vineyards of Istria (Croatia).jpg|Vineyards of Istria

File:Millennial olive trees in place Lun,.jpg|Olive trees of Lun

</gallery>

Croatian agricultural sector subsists from exports of blue water fish, which in recent years experienced a tremendous surge in demand, mainly from Japan and South Korea. Croatia is a notable producer of organic foods and much of it is exported to the European Union. Croatian wines, olive oil and lavender are particularly sought after. Value of Croatia's agriculture sector is around 3.1 billion according to preliminary data released by the national statistics office. Croatia has around 1.72 million hectares of agricultural land; totally utilized land for agricultural in 2020 was around 1.506 million hectares, of these permanent pasture land constituted 536,000 hectares or some 35.5% of total land available to agriculture.

Transport

right|thumb|The country's longest motorway, A1

The highlight of Croatia's recent infrastructure developments is its rapidly developed motorway network, largely built in the late 1990s and especially in the 2000s. By January 2022, Croatia had completed more than of motorways, connecting Zagreb to most other regions and following various European routes and four Pan-European corridors. The busiest motorways are the A1, connecting Zagreb to Split and the A3, passing east–west through northwest Croatia and Slavonia. A widespread network of state roads in Croatia acts as motorway feeder roads while connecting all major settlements in the country. The high quality and safety levels of the Croatian motorway network were tested and confirmed by several EuroTAP and EuroTest programs.

Croatia has an extensive rail network spanning , including of electrified railways and of double track railways. The most significant railways in Croatia are found within the Pan-European transport corridor Vb and corridor X connecting Rijeka to Budapest and Ljubljana to Belgrade, both via Zagreb. All rail services are operated by Croatian Railways.

There are international airports in Zagreb, Zadar, Split, Dubrovnik, Rijeka, Osijek and Pula. As of January 2011, Croatia complies with International Civil Aviation Organization aviation safety standards and the Federal Aviation Administration upgraded it to Category 1 rating. The busiest cargo seaport in Croatia is the Port of Rijeka and the busiest passenger ports are Split and Zadar. In addition to those, a large number of minor ports serve an extensive system of ferries connecting numerous islands and coastal cities in addition to ferry lines to several cities in Italy. The largest river port is Port of Vukovar, located on the Danube, representing the nation's outlet to the Pan-European corridor VII.

Defence

thumb|223x223px|A manufacturing factory of tank turrets at Đuro Đaković in 2024

The Croatian defence sector is an important part of the economy and the country's national security efforts. It has expanded significantly since the 2020s due to economic initiatives and regional geopolitical risk. Upon Croatia's accession into the military alliance NATO in 2009, its defence industrial base has focused on expanding production to meet NATO commitments and autonomous drone systems. Protective gear, advanced robotics, demining hardware, and small firearms have historically been the highest-grossing military exports of the sector.

As of 2024, the Croatian defence industry generated €600 million in annual revenue. It exported €167 million in military assets a year later. Through both public and private sector involvement, this sector consists of 100 companies with a labour force of around 5,000. The Croatian Armed Forces and NATO work closely with many defence contractors and manufacturers.

Energy

thumb|A large LNG Croatia terminal on the coast of Krk island, 2005|215x215px

The energy sector of Croatia comprises the nation's total energy and electricity production, consumption and import. The majority of energy is generated through hydropower, with the highest quantity of water resources per capita in the European Union (30,000 m3). The country satisfies its domestic electricity needs largely from hydro and thermal power plants. There are of crude oil pipelines in Croatia, connecting the JANAF oil terminal with refineries in Rijeka and Sisak, as well as several transshipment terminals. The system has a capacity of 20 million tonnes per year. The natural gas transportation system comprises of trunk and regional natural gas pipelines, and more than 300 associated structures, connecting production rigs, the Okoli natural gas storage facility, 27 end-users and 37 distribution systems. It operates the Krško nuclear power plant alongside neighboring Slovenia in a joint venture to supply nuclear power to the region.

Income and wealth

The Croatian economy has historically maintained low levels of income inequality with broader wealth inequality steadily increasing since the 2020s. Its tourism sector has significantly influenced personal incomes and asset ownership, particularly in coastal cities. Wages are relatively low and wage growth has been limited, with Croatia's national minimum wage providing baseline support. In 2021 the median disposable income was $19,680 (PPP, per year). Croatia had a gender pay gap of 7.7% and significant gender employment gap in 2022. As of 2026, Croatia's minimum wage sits within the middle of the European Union at a monthly minimum wage of €1,050. It maintains a Gini coefficient of 28.5 – as of 2026 according to Eurostat – which implies moderate and stable disposable income inequality. Financial wealth in Croatia grew annually 7.1% from 2017 to 2022, with an annual growth rate of 5.9% expected through 2027.

Labour market

thumb|right|Unemployment rate from 1996 to 2019 according to EurostatThe Croatian labour market consists of 1.7 million employed workers across all economic sectors. Employment levels in the country are high, with an unemployment rate of 4.3% as of April 2026. The majority (89.5%) of its labour market is comprised of workers from Croatia with 8.7% being foreign-born. The manufacturing sector claims the highest workforce portion (22.4%) in Croatia. The nation's demographics – in particular high emigration and an aging population – contribute to a shrinking workforce. Since the mid-2020s, the Croatian economy has increasingly relied on foreign-born labour to make up shortfalls in important sectors. Unemployment is highest in Split-Dalmatia County (25,408), Zagreb (18,776) and Osijek-Baranja County (17,318), with these three counties accounting for 39.2% of all Croatian unemployment. It is lowest in Lika-Senj County (1,974), Koprivnica-Križevci County (2,232) and Međimurje County (2,441).

Banking system

right|thumb|Croatian National Bank Building in 273x273px

Croatia has a diversified banking system comprised of its central bank, financial institutions, a stock exchange, and multiple retail banks.

Central bank

The country's monetary policy is formulated and implemented by its national bank, based in capital city Zagreb.

  • Croatian National Bank (CNB)

Stock Exchange

The only stock exchange in Croatia, the ZSE, was founded in 1991 with trading commencing a year later.

  • Zagreb Stock Exchange (ZSE)

Retail banks

Retail banks constitute the broader economy's financial sector. These banks operate within the European single market and its related banking union allowing for greater cross-border banking activity.

  • Zagrebačka banka (owned by UniCredit from Italy)
  • Privredna banka Zagreb (owned by Intesa Sanpaolo from Italy)
  • Hrvatska poštanska banka (state-owned by Government of Croatia)
  • OTP Banka (owned by OTP Bank from Hungary)
  • Raiffeisen Bank Austria (owned by Raiffeisen from Austria)
  • Erste & Steiermärkische Bank (former Riječka Banka, owned by Erste Bank from Austria)

Financial condition

The central budget is set by the Croatian government to cover their upcoming fiscal year, which runs from 1 January to 31 December. For 2024, they reported €28.52 billion in revenue with €32.61 billion in expenditure, running a €4.09 billion budget deficit. In 2025, Croatia's expected debt-to-GDP was forecasted to remain at 56% through 2027. Croatia is a creditor nation for the IMF and has financed loans for developing countries since 2026. right|thumb|Gross debt from 2000 to 2016

thumb|Debt-to-GDP ratio from 1994 to 2013

The breakdown of Croatia's budget for 2023, by ministry (department), is shown below.

  • Labor and Pension System, Family and Social Policy – €10.59 billion
  • Finance – €7.15 billion
  • Health – €4.29 billion
  • Science and Education – €3.84 billion
  • Economy and Sustainable Development – €2.19 billion
  • Maritime Affairs, Transport and Infrastructure – €1.56 billion
  • Agriculture – €1.22 billion
  • Interior – €1.18 billion
  • Defence – €1.17 billion
  • Physical Planning, Construction and State Property – €0.74 billion
  • Justice and Public Administration – €0.68 billion
  • Culture and Media – €0.54 billion
  • Regional Development and EU funds – €0.42 billion
  • Tourism and Sport – €0.28 billion
  • Veteran Affairs – €0.17 billion
  • Foreign and European Affairs – €0.15 billion

Data

The following table shows the main economic indicators for the period 2000–2024 according to the Croatian Bureau of Statistics. The purchasing power parity (PPP) conversion factors are based on IMF estimates. Croatian government debt values are published by the Croatian National Bank. Indicators for 2024-2027 are provided by the IMF, specifically the World Economic Outlook (April 2024).

{| class="wikitable sortable mw-collapsible mw-collapsed" style="text-align: center;"

|-

!Year

!Population (Mil.)

!GDP

(in Bil. EUR nominal)

!GDP

(Bil. USD nominal)

!GDP-per-capita (nominal. EUR)

!GDP-per-capita (nominal, USD)

!GDP

(Bil., USD PPP)

!GDP-per-capita (PPP, USD)

!Inflation (%)

!GDP growth (real %)

!Government debt (% GDP)

|-

| 2000

|4.426

|24.0

|21.8

|5,351

|4,929

|47.7

|10,786

|4.6

|2.9

|35.4

|-

| 2001

|4.300

|25.8

|23.3

|6,044

|5,414

|50.1

|11,655

|3.8

|3.0

|36.6

|-

| 2002

|4.302

|28.3

|27.1

|6,688

|6,293

|56.0

|12,771

|1.7

|5.7

|36.5

|-

| 2003

|4.303

|31.2

|35.0

|7,206

|8,130

|58.9

|13,682

|1.8

|5.5

|37.9

|-

| 2004

|4.305

|33.6

|42.0

|7,847

|9,752

|63.2

|14,675

|2.1

|4.1

|40.0

|-

| 2005

|4.310

|36.2

|45.8

|8,539

|10,620

|66.7

|15,439

|3.3

|4.3

|40.9

|-

| 2006

|4.311

|39.4

|50.9

|9,405

|11,795

|75.9

|17,596

|3.2

|4.9

|38.5

|-

| 2007

|4.310

|43.2

|60.6

|10,272

|14,043

|84.2

|19,491

|2.9

|4.9

|37.2

|-

| 2008

|4.310

|46.5

|71.0

|11,216

|16,419

|90.4

|20,924

|6.1

|1.9

|39.1

|-

| 2009

|4.305

|44.4

|63.4

|10,549

|14,663

|87.1

|20,147

|2.4

| -7.3

|48.4

|-

| 2010

|4.295

|44.3

|60.7

|10,615

|14,062

|86.1

|19,965

|1.1

| -1.3

|57.3

|-

| 2011

|4.281

|45.0

|63.4

|10,608

|14,758

|90.3

|21,013

|2.3

| -0.1

|63.7

|-

| 2012

|4.268

|44.5

|57.4

|10,430

|13,400

|91.7

|21,398

|3.4

| -2.3

|69.4

|-

| 2013

|4.256

|44.7

|59.0

|10,423

|13,869

|94.3

|22,135

|2.2

| -0.4

|80.3

|-

| 2014

|4.238

|44.6

|58.4

|10,386

|13,783

|94.8

|22,366

| -0.2

| -0.4

|83.9

|-

| 2015

|4.204

|45.7

|50.7

|10,755

|11,944

|98.1

|23,339

| -0.5

|2.5

|83.3

|-

| 2016

|4.174

|47.3

|52.4

|11,324

|12,557

|105.4

|25,262

| -1.1

|3.6

|79.8

|-

| 2017

|4.125

|49.5

|55.9

|12,101

|13,657

|112.3

|27,201

|1.1

|3.4

|76.7

|-

| 2018

|4.088

|51.9

|61.3

|12,896

|15,245

|118.3

|28,909

|1.5

|2.8

|73.3

|-

| 2019

|4.065

|54.8

|61.3

|13,678

|15,333

|130.4

|30,585

|0.8

|3.4

|71.1

|-

| 2020

|4.048

|50.5

|57.6

|12,408

|14,205

|123.1

|28,911

|0.1

| -8.6

|87.3

|-

| 2021

|3.879

|58.2

|68.8

|15,006

|17,747

|143.0

|34,533

|2.6

|13.1

|78.3

|-

| 2022

|3.857

|68.0

|71.5

|17,637

|18,544

|155.9

|40,573

|10.8

|6.3

|70.4

|-

|2023

|3.856

|78.0

|84.4

|20,239

|21,878

|186.7

|48,586

|8.3

|3.3

|83.9

|-

|2024

|3.866

|85.5

|92.5

|22,111

|23,933

|190.0

|49,137

|3.0

|3.8

| 57.6

|-

|2025f

|3.829

|86.0

|92.3

|22,462

|24,111

|183.2

|47,860

|2.2

|2.7

| rowspan="3" |

|-

|2026f

|3.822

|90.5

|97.1

|23,680

|25,391

|191.8

|50,180

|2.2

|2.7

|-

|2027f

|3.816

|94.9

|101.6

|24,877

|26,633

|200.5

|52,563

|2.2

|2.6

|}

GDP by county

{| class="wikitable sortable mw-collapsible mw-collapsed" style="margin: 1em auto 1em auto;"

|-

! colspan="10" |Counties of Croatia by GDP, in million Euro

|-

! data-sort-type="text" | County

! data-sort-type="number" | 2010

! data-sort-type="number" | 2011

! data-sort-type="number" | 2012

! data-sort-type="number" | 2013

! data-sort-type="number" | 2014

! data-sort-type="number" | 2015

! data-sort-type="number" | 2016

! data-sort-type="number" | 2017

! data-sort-type="number" | 2018

|-

| style="text-align:left;"|border|23px Bjelovar-Bilogora

|align=right|834

|align=right|823

|align=right|786

|align=right|790

|align=right|789

|align=right|809

|align=right|855

|align=right|874

|align=right|925

|-

| style="text-align:left;"|border|23px Brod-Posavina

|align=right|914

|align=right|917

|align=right|895

|align=right|888

|align=right|853

|align=right|879

|align=right|917

|align=right|969

|align=right|1,016

|-

| style="text-align:left;"|border|23px Dubrovnik-Neretva

|align=right|1,248

|align=right|1,208

|align=right|1,202

|align=right|1,234

|align=right|1,260

|align=right|1,313

|align=right|1,403

|align=right|1,532

|align=right|1,587

|-

| style="text-align:left;"|border|23px Istria

|align=right|2,773

|align=right|2,762

|align=right|2,635

|align=right|2,631

|align=right|2,666

|align=right|2,747

|align=right|2,947

|align=right|3,106

|align=right|3,162

|-

| style="text-align:left;"|border|23px Karlovac

|align=right|969

|align=right|978

|align=right|948

|align=right|961

|align=right|934

|align=right|961

|align=right|1,008

|align=right|1,031

|align=right|1,035

|-

| style="text-align:left;"|border|23px Koprivnica-Križevci

|align=right|935

|align=right|926

|align=right|906

|align=right|919

|align=right|905

|align=right|916

|align=right|961

|align=right|991

|align=right|979

|-

| style="text-align:left;"|border|23px Krapina-Zagorje

|align=right|807

|align=right|815

|align=right|803

|align=right|823

|align=right|837

|align=right|867

|align=right|928

|align=right|990

|align=right|1,021

|-

| style="text-align:left;"|border|23px Lika-Senj

|align=right|416

|align=right|405

|align=right|382

|align=right|388

|align=right|379

|align=right|388

|align=right|402

|align=right|427

|align=right|436

|-

| style="text-align:left;"|border|23px Međimurje

|align=right|933

|align=right|941

|align=right|929

|align=right|1,088

|align=right|959

|align=right|986

|align=right|1,045

|align=right|1,109

|align=right|1,142

|-

| style="text-align:left;"|border|23px Osijek-Baranja

|align=right|2,507

|align=right|2,514

|align=right|2,421

|align=right|2,438

|align=right|2,375

|align=right|2,436

|align=right|2,544

|align=right|2,581

|align=right|2,572

|-

| style="text-align:left;"|border|23px Požega-Slavonia

|align=right|497

|align=right|482

|align=right|458

|align=right|461

|align=right|433

|align=right|440

|align=right|453

|align=right|466

|align=right|499

|-

| style="text-align:left;"|border|23px Primorje-Gorski Kotar

|align=right|3,822

|align=right|3,905

|align=right|3,981

|align=right|3,849

|align=right|3,849

|align=right|3,854

|align=right|3,961

|align=right|4,177

|align=right|4,270

|-

| style="text-align:left;"|border|23px Sisak-Moslavina

|align=right|1,451

|align=right|1,439

|align=right|1,434

|align=right|1,306

|align=right|1,221

|align=right|1,268

|align=right|1,247

|align=right|1,266

|align=right|1,309

|-

| style="text-align:left;"|border|23px Split-Dalmatia

|align=right|3,788

|align=right|3,695

|align=right|3,578

|align=right|3,583

|align=right|3,581

|align=right|3,712

|align=right|3,913

|align=right|4,133

|align=right|4,278

|-

| style="text-align:left;"|border|23px Šibenik-Knin

|align=right|859

|align=right|856

|align=right|835

|align=right|851

|align=right|852

|align=right|862

|align=right|903

|align=right|988

|align=right|1,027

|-

| style="text-align:left;"|border|23px Varaždin

|align=right|1,463

|align=right|1,456

|align=right|1,436

|align=right|1,467

|align=right|1,462

|align=right|1,506

|align=right|1,601

|align=right|1,718

|align=right|1,865

|-

| style="text-align:left;"|border|23px Virovitica-Podravina

|align=right|516

|align=right|526

|align=right|504

|align=right|496

|align=right|455

|align=right|460

|align=right|485

|align=right|500

|align=right|536

|-

| style="text-align:left;"|border|23px Vukovar-Syrmia

|align=right|1,090

|align=right|1,092

|align=right|1,049

|align=right|1,048

|align=right|999

|align=right|1,031

|align=right|1,076

|align=right|1,120

|align=right|1,171

|-

| style="text-align:left;"|border|23px Zadar

|align=right|1,405

|align=right|1,383

|align=right|1,366

|align=right|1,386

|align=right|1,395

|align=right|1,445

|align=right|1,527

|align=right|1,671

|align=right|1,797

|-

| style="text-align:left;"|border|23px Zagreb County

|align=right|2,398

|align=right|2,449

|align=right|2,439

|align=right|2,450

|align=right|2,466

|align=right|2,549

|align=right|2,651

|align=right|2,832

|align=right|3,011

|-

| style="text-align:left;"|border|23px City of Zagreb

|align=right|15,586

|align=right|15,383

|align=right|15,055

|align=right|14,778

|align=right|14,754

|align=right|15,206

|align=right|15,818

|align=right|16,782

|align=right|17,544

|- class="sortbottom"

| colspan="10" style="text-align:left;" |Source: Croatian Bureau of Statistics

|}

{| class="wikitable sortable mw-collapsible mw-collapsed" style="margin: 1em auto 1em auto;"

|-

! colspan="10" |Counties of Croatia by GDP-per-capita, in Euro

|-

! data-sort-type="text" | County

! data-sort-type="number" | 2010

! data-sort-type="number" | 2011

! data-sort-type="number" | 2012

! data-sort-type="number" | 2013

! data-sort-type="number" | 2014

! data-sort-type="number" | 2015

! data-sort-type="number" | 2016

! data-sort-type="number" | 2017

! data-sort-type="number" | 2018

|-

| style="text-align:left;"|border|23px Bjelovar-Bilogora

|align=right|6,907

|align=right|6,888

|align=right|6,657

|align=right|6,766

|align=right|6,829

|align=right|7,107

|align=right|7,647

|align=right|7,958

|align=right|7,986

|-

| style="text-align:left;"|border|23px Brod-Posavina

|align=right|5,731

|align=right|5,789

|align=right|5,691

|align=right|5,700

|align=right|5,539

|align=right|5,810

|align=right|6,195

|align=right|6,726

|align=right|6,607

|-

| style="text-align:left;"|border|23px Dubrovnik-Neretva

|align=right|10,174

|align=right|9,855

|align=right|9,812

|align=right|10,083

|align=right|10,297

|align=right|10,737

|align=right|11,500

|align=right|12,608

|align=right|13,277

|-

| style="text-align:left;"|border|23px Istria

|align=right|13,297

|align=right|13,270

|align=right|12,684

|align=right|12,665

|align=right|12,811

|align=right|13,199

|align=right|14,165

|align=right|14,915

|align=right|15,570

|-

| style="text-align:left;"|border|23px Karlovac

|align=right|7,458

|align=right|7,615

|align=right|7,461

|align=right|7,651

|align=right|7,541

|align=right|7,868

|align=right|8,373

|align=right|8,701

|align=right|8,301

|-

| style="text-align:left;"|border|23px Koprivnica-Križevci

|align=right|8,052

|align=right|8,020

|align=right|7,890

|align=right|8,039

|align=right|7,969

|align=right|8,149

|align=right|8,660

|align=right|9,066

|align=right|8,711

|-

| style="text-align:left;"|border|23px Krapina-Zagorje

|align=right|6,049

|align=right|6,142

|align=right|6,091

|align=right|6,287

|align=right|6,439

|align=right|6,721

|align=right|7,265

|align=right|7,830

|align=right|7,919

|-

| style="text-align:left;"|border|23px Lika-Senj

|align=right|8,091

|align=right|7,984

|align=right|7,652

|align=right|7,874

|align=right|7,812

|align=right|8,134

|align=right|8,571

|align=right|9,297

|align=right|8,878

|-

| style="text-align:left;"|border|23px Međimurje

|align=right|8,196

|align=right|8,273

|align=right|8,176

|align=right|9,592

|align=right|8,480

|align=right|8,751

|align=right|9,328

|align=right|9,989

|align=right|10,302

|-

| style="text-align:left;"|border|23px Osijek-Baranja

|align=right|8,183

|align=right|8,249

|align=right|7,990

|align=right|8,105

|align=right|7,965

|align=right|8,270

|align=right|8,779

|align=right|9,098

|align=right|8,684

|-

| style="text-align:left;"|border|23px Požega-Slavonia

|align=right|6,314

|align=right|6,194

|align=right|5,971

|align=right|6,081

|align=right|5,774

|align=right|5,973

|align=right|6,307

|align=right|6,681

|align=right|6,620

|-

| style="text-align:left;"|border|23px Primorje-Gorski Kotar

|align=right|12,873

|align=right|13,185

|align=right|13,474

|align=right|13,061

|align=right|13,103

|align=right|13,204

|align=right|13,686

|align=right|14,559

|align=right|14,797

|-

| style="text-align:left;"|border|23px Sisak-Moslavina

|align=right|8,321

|align=right|8,372

|align=right|8,465

|align=right|7,832

|align=right|7,459

|align=right|7,899

|align=right|7,939

|align=right|8,284

|align=right|7,868

|-

| style="text-align:left;"|border|23px Split-Dalmatia

|align=right|8,323

|align=right|8,121

|align=right|7,866

|align=right|7,876

|align=right|7,876

|align=right|8,184

|align=right|8,655

|align=right|9,183

|align=right|9,636

|-

| style="text-align:left;"|border|23px Šibenik-Knin

|align=right|7,788

|align=right|7,855

|align=right|7,764

|align=right|7,998

|align=right|8,086

|align=right|8,267

|align=right|8,776

|align=right|9,737

|align=right|9,713

|-

| style="text-align:left;"|border|23px Varaždin

|align=right|8,298

|align=right|8,281

|align=right|8,193

|align=right|8,412

|align=right|8,434

|align=right|8,752

|align=right|9,389

|align=right|10,176

|align=right|10,899

|-

| style="text-align:left;"|border|23px Virovitica-Podravina

|align=right|6,037

|align=right|6,213

|align=right|6,012

|align=right|5,979

|align=right|5,542

|align=right|5,704

|align=right|6,135

|align=right|6,480

|align=right|6,525

|-

| style="text-align:left;"|border|23px Vukovar-Syrmia

|align=right|6,016

|align=right|6,094

|align=right|5,856

|align=right|5,961

|align=right|5,772

|align=right|6,082

|align=right|6,498

|align=right|6,999

|align=right|6,730

|-

| style="text-align:left;"|border|23px Zadar

|align=right|8,281

|align=right|8,114

|align=right|7,985

|align=right|8,084

|align=right|8,146

|align=right|8,478

|align=right|9,003

|align=right|9,901

|align=right|10,803

|-

| style="text-align:left;"|border|23px Zagreb County

|align=right|7,565

|align=right|7,703

|align=right|7,660

|align=right|7,687

|align=right|7,748

|align=right|8,050

|align=right|8,434

|align=right|9,083

|align=right|9,710

|-

| style="text-align:left;"|border|23px City of Zagreb

|align=right|19,765

|align=right|19,453

|align=right|18,986

|align=right|18,578

|align=right|18,479

|align=right|18,992

|align=right|19,711

|align=right|20,879

|align=right|22,695

|- class="sortbottom"

| colspan="10" style="text-align:left;" |Source: Croatian Bureau of Statistics

|}

See also

  • Economy of Europe
  • Croatia and the euro
  • Croatian brands

References

  • Croatian National Bank
  • Croatian Chamber of Economy