Croatia GDP Annual Growth Rate  1998-2017 | Data | Chart | Calendar

Croatia's economy advanced 2.5 percent year-on-year in the first quarter of 2017, following 3.4 percent growth in the previous period and in line with preliminary estimates. Growth slowed for household consumption (3.5 percent vs 3.7 percent in Q4 of 2016) and government expenditure (1.6 percent vs 1.7 percent). In contrast, investments expanded at a faster pace (5.4 percent vs 4.6 percent). The contribution of net foreign demand was negative, as exports rose 8.6 percent (from 6.8 percent) and imports advanced at a faster 10.1 percent (from 5 percent). On a seasonally adjusted quarterly basis, the economy expanded 0.6 percent. GDP Annual Growth Rate in Croatia averaged 1.66 percent from 1998 until 2016, 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.

Croatia GDP Annual Growth Rate
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Calendar GMT Actual Previous Consensus Forecast (i)
2017-03-07 10:00 AM Q4 3.4% 2.9% 3.4% 3.4%
2017-05-31 09:00 AM Q1 2.5% 3.4% 2.9%
2017-06-02 09:00 AM Q1 2.5% 3.4% 2.5% 2.5%
2017-08-30 09:00 AM Q2 2.5% 2.6%
2017-09-01 09:00 AM Q2 2.5% 2.6%
2017-11-29 10:00 AM Q3 2.3%




Croatia GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.60 0.60 4.10 -3.70 percent [+]
GDP Annual Growth Rate 2.50 3.40 6.80 -8.60 percent [+]
GDP 48.73 57.14 70.48 10.28 USD Billion [+]
GDP Constant Prices 76947.00 83567.00 95403.00 60002.00 HRK Million [+]
Gross Fixed Capital Formation 16834.00 17464.00 26596.00 9734.00 HRK Million [+]
GDP per capita 13875.70 13539.12 14782.67 8477.29 USD [+]
GDP per capita PPP 20663.93 20162.74 22014.66 12624.56 USD [+]
GDP From Agriculture 2103.00 3261.00 4022.00 2088.00 HRK Million [+]
GDP From Construction 3564.00 3661.00 6533.00 2608.00 HRK Million [+]
GDP From Manufacturing 9939.00 11205.00 12108.00 8543.00 HRK Million [+]
GDP From Public Administration 11113.00 11002.00 11178.00 10179.00 HRK Million [+]
GDP From Services 11874.00 13670.00 20523.00 7653.00 HRK Million [+]


Croatia GDP Annual Growth Rate Notes

Croatia joined the European Union in 2013, following a decade-long application process. Croatia's main industries are tourism, ICT, automotive, food, pharmaceutical, logistics, metal and textile. 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 June of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
2.50 3.40 6.80 -8.60 1998 - 2017 percent Quarterly
NSA



gdp annual growth rate by Country

Last
China 6.90 Mar/17
India 6.10 Mar/17
Indonesia 5.01 Mar/17
Turkey 5.00 Mar/17
Netherlands 3.20 Mar/17
Spain 3.00 Mar/17
South Korea 2.90 Mar/17
Mexico 2.80 Mar/17
Canada 2.30 Mar/17
United Kingdom 2.00 Mar/17
United States 2.00 Mar/17
Euro Area 1.90 Mar/17
Australia 1.70 Mar/17
Germany 1.70 Mar/17
Japan 1.30 Mar/17
Italy 1.20 Mar/17
France 1.10 Mar/17
Switzerland 1.10 Mar/17
Russia 0.50 Mar/17
Brazil -0.40 Mar/17