[ Nominal GDP in billions of USD ]
Year -
$92.98 billions
Croatia GDP expanded from 1990 to 2024, increasing from $25.65 billion to $92.98 billion.The compound annual growth rate (CAGR) averaged 3.86% over the period. The economy recorded its peak level in 2024 and its lowest level in 1992. Growth volatility remained high. The maximum drawdown reached 58.6%, indicating the largest cyclical decline from peak levels. The country experienced 6 recession episode(s) during the observed period.
| Metric | Nominal GDP (Current USD) | GDP (PPP, Int$) |
|---|---|---|
| Latest Year | 2024 | 2024 |
| Latest GDP | $ 92.98 Billions | $ 191.57 Int Billions |
| Growth (YoY) | 8.595% | 3.925% |
| Net Change vs Previous Year | $ 7.36 Billion | $ 7.24 Int Billion |
| % of World GDP | 0.08% | 0.10% |
| Meaning | Nominal GDP (Current USD, exchange-rate based) | GDP (PPP, cost-of-living adjusted) |
| Nominal | PPP | |||||
|---|---|---|---|---|---|---|
| Year | Bil $ | Net Chg | % Chg | Int Bil $ | Net Chg | % Chg |
| 1960 | - | - | - | - | - | - |
| 1961 | - | - | - | - | - | - |
| 1962 | - | - | - | - | - | - |
| 1963 | - | - | - | - | - | - |
| 1964 | - | - | - | - | - | - |
| 1965 | - | - | - | - | - | - |
| 1966 | - | - | - | - | - | - |
| 1967 | - | - | - | - | - | - |
| 1968 | - | - | - | - | - | - |
| 1969 | - | - | - | - | - | - |
| 1970 | - | - | - | - | - | - |
| 1971 | - | - | - | - | - | - |
| 1972 | - | - | - | - | - | - |
| 1973 | - | - | - | - | - | - |
| 1974 | - | - | - | - | - | - |
| 1975 | - | - | - | - | - | - |
| 1976 | - | - | - | - | - | - |
| 1977 | - | - | - | - | - | - |
| 1978 | - | - | - | - | - | - |
| 1979 | - | - | - | - | - | - |
| 1980 | - | - | - | - | - | - |
| 1981 | - | - | - | - | - | - |
| 1982 | - | - | - | - | - | - |
| 1983 | - | - | - | - | - | - |
| 1984 | - | - | - | - | - | - |
| 1985 | - | - | - | - | - | - |
| 1986 | - | - | - | - | - | - |
| 1987 | - | - | - | - | - | - |
| 1988 | - | - | - | - | - | - |
| 1989 | - | - | - | - | - | - |
| 1990 | 25.65 | - | - | 45.51 | - | - |
| 1991 | 18.76 | -6.89 | -26.861 % | 37.13 | -8.38 | -18.42 % |
| 1992 | 10.62 | -8.14 | -43.385 % | 33.52 | -3.6 | -9.701 % |
| 1993 | 11.26 | 0.64 | 6.011 % | 31.56 | -1.96 | -5.845 % |
| 1994 | 15.06 | 3.8 | 33.778 % | 34.13 | 2.57 | 8.131 % |
| 1995 | 22.77 | 7.71 | 51.182 % | 37.2 | 3.07 | 8.989 % |
| 1996 | 24.15 | 1.38 | 6.054 % | 40.13 | 2.93 | 7.873 % |
| 1997 | 24.18 | 0.02 | 0.103 % | 43.24 | 3.12 | 7.765 % |
| 1998 | 25.89 | 1.71 | 7.092 % | 44.82 | 1.58 | 3.647 % |
| 1999 | 23.78 | -2.11 | -8.162 % | 44.87 | 0.05 | 0.103 % |
| 2000 | 22.13 | -1.64 | -6.908 % | 47.7 | 2.83 | 6.308 % |
| 2001 | 23.07 | 0.93 | 4.213 % | 50.1 | 2.41 | 5.045 % |
| 2002 | 26.76 | 3.69 | 16.001 % | 54.96 | 4.86 | 9.69 % |
| 2003 | 35.25 | 8.49 | 31.72 % | 58.92 | 3.96 | 7.208 % |
| 2004 | 41.84 | 6.59 | 18.7 % | 63.22 | 4.3 | 7.294 % |
| 2005 | 45.01 | 3.18 | 7.593 % | 66.6 | 3.38 | 5.342 % |
| 2006 | 49.58 | 4.57 | 10.154 % | 76 | 9.4 | 14.122 % |
| 2007 | 59.29 | 9.71 | 19.577 % | 84.34 | 8.34 | 10.974 % |
| 2008 | 68.47 | 9.18 | 15.487 % | 90.58 | 6.24 | 7.399 % |
| 2009 | 62.32 | -6.16 | -8.992 % | 87.65 | -2.93 | -3.24 % |
| 2010 | 58.98 | -3.34 | -5.361 % | 86.51 | -1.14 | -1.3 % |
| 2011 | 62.89 | 3.91 | 6.636 % | 90.71 | 4.2 | 4.858 % |
| 2012 | 57.55 | -5.34 | -8.493 % | 92.1 | 1.39 | 1.538 % |
| 2013 | 59.85 | 2.3 | 3.993 % | 94.97 | 2.86 | 3.107 % |
| 2014 | 59.61 | -0.24 | -0.4 % | 95.4 | 0.44 | 0.459 % |
| 2015 | 51 | -8.61 | -14.441 % | 98.6 | 3.2 | 3.354 % |
| 2016 | 52.65 | 1.65 | 3.239 % | 105.97 | 7.37 | 7.471 % |
| 2017 | 56.18 | 3.53 | 6.708 % | 112.71 | 6.74 | 6.358 % |
| 2018 | 61.67 | 5.49 | 9.763 % | 118.82 | 6.12 | 5.427 % |
| 2019 | 61.47 | -0.2 | -0.326 % | 130.58 | 11.76 | 9.897 % |
| 2020 | 57.96 | -3.51 | -5.705 % | 123.67 | -6.92 | -5.297 % |
| 2021 | 69 | 11.04 | 19.052 % | 143.25 | 19.59 | 15.838 % |
| 2022 | 71.2 | 2.19 | 3.18 % | 162.42 | 19.17 | 13.38 % |
| 2023 | 85.62 | 14.43 | 20.265 % | 184.34 | 21.92 | 13.495 % |
| 2024 | 92.98 | 7.36 | 8.595 % | 191.57 | 7.24 | 3.925 % |
Between 1990 to 2024, Croatia experienced the following economic phases:
The most remarkable growth occurred in 1995 with an increase of 51.182%, while the largest decline was in 1992 at -43.385%.