Croatia's economy expanded by 2.2% year-on-year in the first quarter of 2026, slowing from an upwardly revised 3.9% in the previous period and marking the weakest growth since a contraction in the fourth quarter of 2020. Government spending eased further (0.7% vs 2.8% in Q4 2025), while household consumption held steady at 2.6%. Net external demand also weighed on activity, as exports (-1.6% vs 1.5%) fell more than imports (-0.3% vs 0.3%). Gross fixed capital formation slowed to 2.5% from 7.0%. On the production side, growth softened in manufacturing (1.1% vs 6.4%), construction (2.8% vs 7.2%), wholesale and retail trade, transportation, storage, accommodation, and food service activities (1.8% vs 2.1%), and financial and insurance services (1.2% vs 2.9%). Meanwhile, stronger growth was seen in agriculture, forestry, and fishing (4.8% vs 1.7%) and public administration (3.0% vs 1.0%). On a seasonally adjusted quarterly basis, GDP was unchanged after a 1.2% rise in the previous period. source: Croatian Bureau of Statistics

The Gross Domestic Product (GDP) in Croatia expanded 2.20 percent in the first quarter of 2026 over the same quarter of the previous year. GDP Annual Growth Rate in Croatia averaged 2.61 percent from 1996 until 2026, reaching an all time high of 19.70 percent in the second quarter of 2021 and a record low of -15.70 percent in the second quarter of 2020. This page provides - Croatia GDP Annual Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Croatia GDP Annual Growth Rate - data, historical chart, forecasts and calendar of releases - was last updated on May of 2026.

The Gross Domestic Product (GDP) in Croatia expanded 2.20 percent in the first quarter of 2026 over the same quarter of the previous year. GDP Annual Growth Rate in Croatia is expected to be 3.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Croatia GDP Annual Growth Rate is projected to trend around 2.40 percent in 2027 and 2.50 percent in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-02-27 10:00 AM
GDP Growth Rate YoY
Q4 3.6% 2.3% 2.5%
2026-05-28 09:00 AM
GDP Growth Rate YoY
Q1 2.2% 3.9% 2.9%
2026-08-27 09:00 AM
GDP Growth Rate YoY
Q2 2.2% 3.2%


Related Last Previous Unit Reference
GDP Growth Rate YoY 2.20 3.90 percent Mar 2026
GDP Constant Prices 15208.00 17423.00 EUR Million Mar 2026
GDP from Agriculture 320.00 566.00 EUR Million Mar 2026
GDP from Construction 1125.00 1120.00 EUR Million Mar 2026
GDP from Manufacturing 1661.00 1891.00 EUR Million Mar 2026
GDP from Public Administration 2410.00 2445.00 EUR Million Mar 2026
GDP from Services 2511.00 2992.00 EUR Million Mar 2026
GDP Growth Rate 0.00 1.20 percent Mar 2026
Gross Fixed Capital Formation 4783.00 4552.00 EUR Million Mar 2026


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.
Actual Previous Highest Lowest Dates Unit Frequency
2.20 3.90 19.70 -15.70 1996 - 2026 percent Quarterly
NSA

News Stream
Croatia GDP Growth at Softest Pace Since 2020
Croatia's economy expanded by 2.2% year-on-year in the first quarter of 2026, slowing from an upwardly revised 3.9% in the previous period and marking the weakest growth since a contraction in the fourth quarter of 2020. Government spending eased further (0.7% vs 2.8% in Q4 2025), while household consumption held steady at 2.6%. Net external demand also weighed on activity, as exports (-1.6% vs 1.5%) fell more than imports (-0.3% vs 0.3%). Gross fixed capital formation slowed to 2.5% from 7.0%. On the production side, growth softened in manufacturing (1.1% vs 6.4%), construction (2.8% vs 7.2%), wholesale and retail trade, transportation, storage, accommodation, and food service activities (1.8% vs 2.1%), and financial and insurance services (1.2% vs 2.9%). Meanwhile, stronger growth was seen in agriculture, forestry, and fishing (4.8% vs 1.7%) and public administration (3.0% vs 1.0%). On a seasonally adjusted quarterly basis, GDP was unchanged after a 1.2% rise in the previous period.
2026-05-28
Croatia GDP Growth Accelerates in Q4
Croatia's economy expanded by 3.6% year-on-year in the fourth quarter of 2025, accelerating from a 2.3% growth in the third quarter. Household consumption picked up (2.6% vs 1.9% in Q3), while government spending increased further (4.7% vs 3.8%). Net external demand also contributed positively, as exports (1.5% vs -1.1%) rose more than imports (0.3% vs 2.4%). Meanwhile, growth in gross fixed capital formation slowed to 6.9% from 7.5%. On the production side, strong growth was recorded in manufacturing (6.4% vs 3.3%) and information and communication (4.2% vs 2.0%). On a seasonally adjusted quarterly basis, GDP increased by 1.4%, following a 0.4% rise in the previous period.
2026-02-27
Croatia GDP Growth Slows in Q3
Croatia's economy expanded by 2.3% year-on-year in the third quarter of 2025, slowing from an upwardly revised 3.6% growth in the preceding period. Net external demand had a negative impact on GDP, as exports (-1.1% vs 0.7% in Q2) declined, while imports increased (2.4% vs 0.1%). Weaker growth was also observed in household consumption (1.9% vs 4%). Meanwhile, gross fixed capital formation (7.5% vs 4.9%) and government spending (3.8% vs 3.3%) increased. On a seasonally adjusted quarterly basis, GDP rose by 0.3% in the September quarter, following a 0.9% growth in the previous quarter.
2025-11-27