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

Croatia's economy advanced 2.8 percent year-on-year in the second quarter of 2017, following 2.5 percent growth in the previous period and matching preliminary estimates, final figures showed. Main drivers of growth were household consumption (3.8 percent vs 3.5 percent in Q1) and government expenditure (1.7 percent vs 1.6 percent). In contrast, investment expanded at a slower pace (3.2 percent vs 5.4 percent). The contribution of net foreign demand was negative, as exports rose 3.6 percent (from 8.6 percent in Q1) and imports advanced at a faster 4.6 percent (from 10.1 percent). On a seasonally adjusted basis, the economy grew 0.8 percent. GDP Annual Growth Rate in Croatia averaged 1.69 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
2017-06-02 09:00 AM GDP Growth Rate YoY Final 2.5% 3.4% 2.5% 2.5%
2017-08-30 09:00 AM GDP Growth Rate YoY Prel 2.8% 2.5% 2.6%
2017-09-01 09:00 AM GDP Growth Rate YoY Final 2.8% 2.5% 2.8%
2017-11-29 10:00 AM GDP Growth Rate YoY Prel 2.8% 2.7%


Croatia GDP Last Previous Highest Lowest Unit
GDP Growth Rate 0.80 0.60 4.10 -3.70 percent [+]
GDP Annual Growth Rate 2.80 2.50 6.80 -8.60 percent [+]
GDP 50.43 48.68 70.48 10.28 USD Billion [+]
GDP Constant Prices 84380.00 76947.00 95403.00 60002.00 HRK Million [+]
Gross Fixed Capital Formation 19502.00 16834.00 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 2504.00 2103.00 4022.00 2088.00 HRK Million [+]
GDP From Construction 3751.00 3564.00 6533.00 2608.00 HRK Million [+]
GDP From Manufacturing 11005.00 9939.00 12108.00 8543.00 HRK Million [+]
GDP From Public Administration 11285.00 11113.00 11285.00 10179.00 HRK Million [+]
GDP From Services 16144.00 11874.00 20523.00 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 October of 2017.

Actual Previous Highest Lowest Dates Unit Frequency
2.80 2.50 6.80 -8.60 1998 - 2017 percent Quarterly
NSA




gdp annual growth rate by Country

Last
China 6.80 Sep/17
India 5.70 Jun/17
Turkey 5.10 Jun/17
Indonesia 5.01 Jun/17
Canada 3.70 Jun/17
Netherlands 3.30 Jun/17
Spain 3.10 Jun/17
South Korea 2.70 Jun/17
Russia 2.50 Jun/17
Euro Area 2.30 Jun/17
United States 2.20 Jun/17
Germany 2.10 Jun/17
Australia 1.80 Jun/17
France 1.80 Jun/17
Mexico 1.80 Jun/17
Italy 1.50 Jun/17
United Kingdom 1.50 Jun/17
Japan 1.40 Jun/17
Brazil 0.30 Jun/17
Switzerland 0.30 Jun/17