Croatia GDP Annual Growth Rate  1998-2018 | Data | Chart | Calendar

Croatia's gross domestic product advanced 2 percent year-on-year in the fourth quarter of 2017, easing from a 3.3 percent growth in the previous period and in line with preliminary estimates. It was the weakest expansion since December of 2015, as output rose less for household consumption (3.4 percent compared to 3.7 percent in Q3) and fixed investment (1.7 percent compared to 3.4 percent). Meantime, government spending grew further (2.6 percent compared 2.3 percent). On the other hand, slower growth was reported for both exports (3.6 percent compared to 5.7 percent) and imports (6 percent compared to 9.5 percent). On a seasonally adjusted quarterly basis, the GDP rose 0.1 percent, following a downwardly revised 0.7 percent increase in the prior quarter. Considering full 2017, the economy expanded 2.8 percent, after a 3.2 percent growth in 2016. GDP Annual Growth Rate in Croatia averaged 1.73 percent from 1998 until 2017, 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 TEForecast
2017-11-29 10:00 AM GDP Growth Rate YoY Prel 3.3% 3.0% 2.7%
2018-02-28 10:00 AM GDP Growth Rate YoY Prel 2.0% 3.3% 3%
2018-03-07 10:00 AM GDP Growth Rate YoY Final 2.0% 3.3% 2.0%
2018-05-30 09:00 AM GDP Growth Rate YoY Prel 2.0% 2.5%
2018-06-01 09:00 AM GDP Growth Rate YoY Final 2.0%
2018-08-29 09:00 AM GDP Growth Rate YoY Prel 2.9%


Croatia GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.10 0.70 4.10 -3.70 percent [+]
GDP Annual Growth Rate 2.00 3.30 6.80 -8.60 percent [+]
GDP 50.43 48.68 70.48 10.28 USD Billion [+]
GDP Constant Prices 85851.00 96298.00 96298.00 60002.00 HRK Million [+]
Gross Fixed Capital Formation 17826.00 19091.00 26596.00 9734.00 HRK Million [+]
GDP per capita 14372.07 13853.42 14778.91 8475.14 USD [+]
GDP per capita PPP 21408.55 20635.98 22014.58 12624.52 USD [+]
GDP From Agriculture 3199.00 2866.00 4022.00 2088.00 HRK Million [+]
GDP From Construction 3832.00 3798.00 6533.00 2608.00 HRK Million [+]
GDP From Manufacturing 11285.00 10831.00 12108.00 8543.00 HRK Million [+]
GDP From Public Administration 11403.00 11454.00 11454.00 10179.00 HRK Million [+]
GDP From Services 14359.00 21971.00 21971.00 7653.00 HRK Million [+]


Croatia GDP Annual Growth Rate

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 May of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
2.00 3.30 6.80 -8.60 1998 - 2017 percent Quarterly
NSA




GDP annual growth rate by Country
Country Last
Turkey 7.30 Dec/17
India 7.20 Dec/17
China 6.80 Mar/18
Indonesia 5.06 Mar/18
Canada 2.90 Dec/17
Spain 2.90 Mar/18
United States 2.90 Mar/18
Netherlands 2.80 Mar/18
South Korea 2.80 Mar/18
Euro Area 2.50 Mar/18
Australia 2.40 Dec/17
Germany 2.30 Mar/18
Brazil 2.10 Dec/17
France 2.10 Mar/18
Switzerland 1.90 Dec/17
Italy 1.40 Mar/18
Russia 1.30 Mar/18
Mexico 1.20 Mar/18
United Kingdom 1.20 Mar/18
Japan 0.90 Mar/18


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