Industrial production in Croatia rose 4.9% from a year ago in February of 2021, following a 1.8% increase in the previous month. It was the third straight month of growth in industrial activity and at the fastest pace since December of 2016, as the economy gradually recovers from the pandemic crisis. Output increased sharply for manufacturing (4.4% vs 0.6% in January), mainly boosted by the manufacture of computer, electronic & optical products (17.9% vs 16.4%); basic metals (14.5% vs 14.3%) and pharmaceutical products & pharmaceutical preparations (17.7% vs 36%). Meantime, production slowed for electricity, gas, steam & air conditioning supply (6.3% vs 13.1%) and it fell for mining (-13.6% vs -12.7%). On a monthly basis, industrial output rose 3.4%, after a 1.5% increase in the prior month. Considering the first two months of the year, industrial activity advanced 3.4% compared to the same period a year ago. source: Croatian Bureau of Statistics

Industrial Production in Croatia averaged 0.99 percent from 1999 until 2021, reaching an all time high of 15.10 percent in December of 2016 and a record low of -13.30 percent in June of 2009. This page provides - Croatia Industrial Production - actual values, historical data, forecast, chart, statistics, economic calendar and news. Croatia Industrial Production - data, historical chart, forecasts and calendar of releases - was last updated on April of 2021.

Industrial Production in Croatia is expected to be 3.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Industrial Production in Croatia to stand at 1.60 in 12 months time. In the long-term, the Croatia Industrial Production is projected to trend around 1.10 percent in 2022 and 0.50 percent in 2023, according to our econometric models.

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Croatia Industrial Production

Actual Previous Highest Lowest Dates Unit Frequency
4.90 1.80 15.10 -13.30 1999 - 2021 percent Monthly
WDA


Calendar GMT Actual Previous Consensus TEForecast
2020-12-31 10:00 AM Nov -1.7% 2.2% 2.5%
2021-01-29 10:00 AM Dec 0.3% -1.7% -2.5%
2021-03-05 10:00 AM Jan 1.8% 0.3% -1.1%
2021-03-31 09:00 AM Feb 4.9% 1.8% 2.1%
2021-04-30 09:00 AM Mar 4.9% 5.5%
2021-05-28 09:00 AM Apr 8.2%
2021-06-30 09:00 AM May 9.8%
2021-07-30 09:00 AM Jun


News Stream
Croatia Industrial Output Growth Quickens to Over 4-Year High
Industrial production in Croatia rose 4.9% from a year ago in February of 2021, following a 1.8% increase in the previous month. It was the third straight month of growth in industrial activity and at the fastest pace since December of 2016, as the economy gradually recovers from the pandemic crisis. Output increased sharply for manufacturing (4.4% vs 0.6% in January), mainly boosted by the manufacture of computer, electronic & optical products (17.9% vs 16.4%); basic metals (14.5% vs 14.3%) and pharmaceutical products & pharmaceutical preparations (17.7% vs 36%). Meantime, production slowed for electricity, gas, steam & air conditioning supply (6.3% vs 13.1%) and it fell for mining (-13.6% vs -12.7%). On a monthly basis, industrial output rose 3.4%, after a 1.5% increase in the prior month. Considering the first two months of the year, industrial activity advanced 3.4% compared to the same period a year ago.
2021-03-31
Croatia Industrial Output Rises for 2nd Month
Industrial production in Croatia rose 1.8 percent year-on-year in January of 2021, following a 0.3 percent increase in the previous month. Output advanced faster for electricity, gas, steam & air conditioning supply (13.1 percent vs 8.6 percent in December) and rebounded for manufacturing (0.6 percent vs -0.3 percent), mainly due to the higher cost of other non-metallic mineral products (11.7 percent vs 1.3 percent), basic metals (14.3 percent vs 6.4 percent) and a rebound in prices of basic pharmaceutical products and pharmaceutical preparations (36 percent vs -9 percent) and other transport equipment (12.6 percent vs -27.8 percent). On the other hand, cost of mining & quarrying declined faster (-12.7 percent vs -7.4 percent). On a monthly basis, industrial production went up 1.5 percent, extending a 0.6 percent gain in December.
2021-03-05
Croatia Industrial Output Rebounds in December
Croatia's industrial output edged up 0.3 percent from a year earlier in December of 2020, following a 1.7 percent decrease in the previous month. Output declined at a slower pace for consumer durable goods (-8.1 percent vs -17.6 percent in November); energy (-4.9 percent vs -9.1 percent) and consumer non-durable goods (-2.6 percent vs -3.6 percent), while intermediate goods output accelerated (4.7 percent vs 3 percent). Industrial activity fell 3.4 percent in 2020.
2021-01-29
Croatia Industrial Output Falls in November
Croatia's industrial output shrank 1.7 percent from a year earlier in November of 2020, following a downwardly revised 2.2 percent increase in the previous month. Output declined for consumer durable goods (-17.6 percent vs -8.3 percent in October); energy (-9.1 percent vs -1.9 percent) and consumer non-durable goods (-3.6 percent vs -3.7 percent). Considering the first eleven months of the year, industrial activity fell 3.8 percent over a year earlier.
2020-12-31

Croatia Industrial Production
In Croatia, industrial production measures the output of businesses integrated in industrial sector of the economy such as manufacturing, mining, and utilities.