Croatia GDP Annual Growth Rate  1998-2016 | Data | Chart | Calendar

The Croatian economy advanced 2.8 percent year-on-year in the third quarter of 2015, following a 1.2 percent expansion in the previous period. Growth was mainly driven by households consumption (+1.4 percent) and investment (+2.2 percent). Exports rose 8 percent, boosted by services among which tourism services were the most important while imports grew 8.1 percent. On quarterly basis, the GDP advanced 1.3 percent. GDP Annual Growth Rate in Croatia averaged 1.59 percent from 1998 until 2015, reaching an all time high of 6.80 percent in the third quarter of 2002 and a record low of -8.60 percent in the first quarter of 2009. GDP Annual Growth Rate in Croatia is reported by the Croatian Bureau of Statistics.

Croatia GDP Annual Growth Rate
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Actual Previous Highest Lowest Dates Unit Frequency
2.80 1.20 6.80 -8.60 1998 - 2015 percent Quarterly
NSA
Croatia joined the EU in 2013, following a decade-long application process, and its main industries are tourism, ICT, automotive, food, pharmaceutical, logistics, metal and textile. After an abrupt slowdown in the economy in 2008, economic growth has been negative in 2009-14 period. 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 Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Croatia GDP Annual Growth Rate - actual data, historical chart and calendar of releases - was last updated on February of 2016.


Calendar GMT Reference Actual Previous Consensus Forecast (i)
2015-05-29 10:00 AM Q1 0.5% 0.2%(R) 0.2%
2015-08-28 10:00 AM Q2 1.2% 0.5% 0.51%
2015-11-27 10:00 AM Q3 2.8% 1.2% 0.8%
2016-02-26 10:00 AM Q4 2.8% 2.9%
2016-03-04 10:00 AM Q4 2.8%
2016-05-31 09:00 AM Q1 2.17%

Croatia GDP Last Previous Highest Lowest Unit
GDP Growth Rate 1.30 1.00 4.20 -3.70 percent [+]
GDP Annual Growth Rate 2.80 1.20 6.80 -8.60 percent [+]
GDP 57.11 57.77 70.45 10.28 USD Billion [+]
GDP Constant Prices 88025.00 79445.00 95403.00 60002.00 HRK Million [+]
Gross Fixed Capital Formation 17201.00 17146.00 26596.00 9734.00 HRK Million [+]
GDP per capita 10561.27 10555.60 11515.95 3472.80 USD [+]
GDP per capita PPP 20059.77 20048.99 21873.06 12543.38 USD [+]
GDP From Agriculture 2959.00 2521.00 4022.00 2142.00 HRK Million [+]
GDP From Construction 3448.00 3456.00 6533.00 2608.00 HRK Million [+]
GDP From Manufacturing 10175.00 10010.00 12108.00 8543.00 HRK Million [+]
GDP From Public Administration 10962.00 11093.00 11178.00 10179.00 HRK Million [+]
GDP From Services 19326.00 14665.00 20280.00 7653.00 HRK Million [+]




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Colombia 3.20 Sep/15
Madagascar 3.20 Dec/14
Bosnia and Herzegovina 3.10 Sep/15
Honduras 3.10 Dec/14
Comoros 3.00 Dec/15
Costa Rica 3.00 Sep/15
Latvia 3.00 Dec/15
Norway 3.00 Sep/15
South Korea 3.00 Dec/15
Albania 2.98 Sep/15
Bulgaria 2.90 Sep/15
Georgia 2.90 Dec/15
Peru 2.90 Sep/15
Thailand 2.90 Sep/15
Nigeria 2.84 Sep/15
Croatia 2.80 Sep/15
Haiti 2.80 Dec/14
Seychelles 2.80 Dec/14
Sudan 2.70 Dec/14
El Salvador 2.60 Sep/15
Iceland 2.60 Sep/15
Jordan 2.60 Sep/15
Mongolia 2.60 Sep/15
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Israel 2.52 Sep/15
Australia 2.50 Sep/15
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Brunei 1.90 Sep/15
Eritrea 1.90 Dec/14
European Union 1.90 Sep/15
Netherlands 1.90 Sep/15
United Kingdom 1.90 Dec/15
United States 1.80 Dec/15
Germany 1.70 Dec/15
Cayman Islands 1.60 Jun/15
Euro Area 1.60 Sep/15
Japan 1.60 Sep/15
France 1.50 Dec/15
Jamaica 1.50 Sep/15
Cape Verde 1.40 Sep/15
Portugal 1.40 Sep/15
Belgium 1.30 Dec/15
Serbia 1.30 Dec/15
Canada 1.20 Sep/15
Kazakhstan 1.20 Dec/15
Austria 1.10 Dec/15
Azerbaijan 1.00 Dec/15
Central African Republic 1.00 Dec/14
Ecuador 1.00 Jun/15
North Korea 1.00 Dec/14
South Africa 1.00 Sep/15
Bahamas 0.93 Dec/14
Italy 0.80 Sep/15
Switzerland 0.80 Sep/15
Estonia 0.70 Dec/15
Liberia 0.70 Dec/14
Iran 0.60 Mar/15
Uruguay 0.56 Sep/15
Denmark 0.50 Sep/15
New Caledonia 0.30 Dec/14
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