Croatia GDP Growth Rate
The Gross Domestic Product (GDP) in Croatia stagnated 0 percent in the first quarter of 2014 over the previous quarter. GDP Growth Rate in Croatia averaged 0.35 Percent from 2000 until 2014, reaching an all time high of 2.10 Percent in the third quarter of 2002 and a record low of -5.50 Percent in the first quarter of 2009. GDP Growth Rate in Croatia is reported by the Eurostat.
||2000 - 2014
Croatia, formerly a republic of SFR Yugoslavia, began an economic transition in the late 1980s due to loss of industry, war and market access after the fall of Yugoslavia. After 2000, the reshuffling of the Croatian economy with the ultimate goal of joining the European Union has led to steady growth rates. The most important sector of the economy is services with tourism accounting for 20% of GDP. The industry, although declining in recent years, is lead by shipbuilding, food processing, pharmaceuticals and information technology. This page provides - Croatia GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.