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||2001 - 2015
Between 2000 and 2007 Croatian economy with the ultimate goal of joining the European Union has led to steady growth rates. However, due to the global financial crisis, the country's GDP fell by 7.4 percent in 2009 and it continued contracting by an average of more than 1 percent in the 2010-14 period. The most important sector of the economy is services with tourism accounting for 20 percent of GDP. The industry, although declining in recent years, is led by shipbuilding, food processing, pharmaceuticals and information technology. On the expenditure side, household consumption is the main component of GDP and accounts for 60 percent of its total use, followed by government expenditure (20 percent) and gross fixed capital formation (19 percent). Exports of goods and services account for 46 percent of GDP while imports account for 44 percent, adding 2 percent of total GDP. This page provides - Croatia GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - Croatia GDP Growth Rate - was last refreshed on Thursday, November 26, 2015.