Industrial production in Croatia advanced 2.7 percent year-on-year in October of 2021, following a 2.8 percent rise in the previous month. Production grew much softer for manufacturing (0.9 percent vs 2.5 percent in September) and it contracted for mining & quarrying (-4.6 percent vs 11.9 percent). Meanwhile, output jumped for electricity, gas, steam, and air conditioning supply (13.5 percent vs 0.1 percent). On a seasonally adjusted monthly basis, industrial production rose 1.9 percent, reversing a 1.2 percent decrease in the previous month. source: Croatian Bureau of Statistics

Industrial Production in Croatia averaged 1.20 percent from 1999 until 2021, reaching an all time high of 17.30 percent in April of 2021 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 December of 2021.

Industrial Production in Croatia is expected to be 2.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. 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


Calendar GMT Actual Previous Consensus TEForecast
2021-10-29 09:00 AM Sep 2.8% 5.2% 4.5%
2021-11-30 10:00 AM Oct 2.7% 2.8% 1.5%
2021-12-30 10:00 AM Nov 2.7%


Related Last Previous Unit Reference
Industrial Production Mom 1.90 -1.20 percent Oct/21
Industrial Production 2.70 2.80 percent Oct/21
Manufacturing Production 0.90 2.50 percent Oct/21
Changes in Inventories 4996.81 4996.81 HRK Million Sep/21
Mining Production -4.60 11.90 percent Oct/21

News Stream
Croatia Industrial Activity Slows Further
Industrial production in Croatia advanced 2.7 percent year-on-year in October of 2021, following a 2.8 percent rise in the previous month. Production grew much softer for manufacturing (0.9 percent vs 2.5 percent in September) and it contracted for mining & quarrying (-4.6 percent vs 11.9 percent). Meanwhile, output jumped for electricity, gas, steam, and air conditioning supply (13.5 percent vs 0.1 percent). On a seasonally adjusted monthly basis, industrial production rose 1.9 percent, reversing a 1.2 percent decrease in the previous month.
2021-11-30
Croatia Industrial Output Momentum Fades in September
Industrial production in Croatia advanced 2.8 percent year-on-year in September of 2021, slowing markedly from a 5.2 percent hike in the previous month. Momentum faded mostly in manufacturing (2.5 percent vs 6.3 percent in August) and for electricity, gas, steam, and air conditioning supply (0.1 percent vs 2.9 percent). On the other hand, production rebounded sharply in mining and quarrying (11.9 percent vs -4.6 percent). On a seasonally and working-day adjusted monthly basis, industrial production fell 1.2 percent in September, more than offsetting a 0.7 percent increase in August.
2021-10-29
Croatia Industrial Output Rebounds in August
Industrial production in Croatia rebounded to 5.2 percent year-on-year in August of 2021 from 3.9 percent in the previous month. Output accelerated for manufacturing (6.3 percent vs 3.3 percent in July) and declined slower for mining and quarrying (-4.6 percent vs -6.3 percent). On the other hand, output slowed for electricity, gas, steam, and air conditioning supply (2.9 percent vs 8.2 percent). On a monthly basis, industrial production grew 0.7 percent in August from a 1 percent decrease in July, while year to date, industry grew 8.3 percent over the corresponding period in the previous year.
2021-09-30

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.