World Factbook

Croatia

Republika Hrvatska

Last updated: 2026-03-28 (today)

Budget

note

note: central government revenues (excluding grants) and expenditures converted to US dollars at average official exchange rate for year indicated

revenues

$32.487 billion (2023 est.)

expenditures

$33.715 billion (2023 est.)

Exports

note

note: balance of payments - exports of goods and services in current dollars

Exports 2022

$41.907 billion (2022 est.)

Exports 2023

$45.064 billion (2023 est.)

Exports 2024

$46.601 billion (2024 est.)

Imports

note

note: balance of payments - imports of goods and services in current dollars

Imports 2022

$46.769 billion (2022 est.)

Imports 2023

$46.811 billion (2023 est.)

Imports 2024

$49.86 billion (2024 est.)

Industries

chemicals and plastics, machine tools, fabricated metal, electronics, pig iron and rolled steel products, aluminum, paper, wood products, construction materials, textiles, shipbuilding, petroleum and petroleum refining, food and beverages, tourism

Labor force

1.733 million (2024 est.)

note: number of people ages 15 or older who are employed or seeking work

Public debt

note

note: central government debt as a % of GDP

Public debt 2023

75.6% of GDP (2023 est.)

Remittances

note

note: personal transfers and compensation between resident and non-resident individuals/households/entities

Remittances 2022

7.5% of GDP (2022 est.)

Remittances 2023

7.2% of GDP (2023 est.)

Remittances 2024

7.3% of GDP (2024 est.)

Exchange rates

note

note: Croatia used the kuna prior to conversion to the euro on 1 January 2023. During the transition period the exchange rate was fixed at 7.53450 kuna to 1 euro.

Currency

euros (EUR) per US dollar -

Exchange rates 2020

0.876 (2020 est.)

Exchange rates 2021

0.845 (2021 est.)

Exchange rates 2022

0.95 (2022 est.)

Exchange rates 2023

0.925 (2023 est.)

Exchange rates 2024

0.924 (2024 est.)

Economic overview

upper-middle-income Balkan economy; newest euro user (introduced in 2023); increased investments from EU structural funds and tourism sector contributing to strong but moderating economic growth; declining energy prices and restrictive monetary policy easing inflation; historically low unemployment rate with labor shortages within services and manufacturing sectors

Unemployment rate

note

note: % of labor force seeking employment

Unemployment rate 2022

7% (2022 est.)

Unemployment rate 2023

6.1% (2023 est.)

Unemployment rate 2024

5.3% (2024 est.)

Exports - partners

Italy 14%, Germany 11%, Slovenia 11%, Bosnia & Herzegovina 6%, Austria 6% (2023)

note: top five export partners based on percentage share of exports

Imports - partners

Italy 14%, Germany 14%, Slovenia 11%, Hungary 6%, Austria 5% (2023)

note: top five import partners based on percentage share of imports

Real GDP per capita

note

note: data in 2021 dollars

Real GDP per capita 2022

$39,900 (2022 est.)

Real GDP per capita 2023

$41,100 (2023 est.)

Real GDP per capita 2024

$42,600 (2024 est.)

Real GDP growth rate

note

note: annual GDP % growth based on constant local currency

Real GDP growth rate 2022

7.3% (2022 est.)

Real GDP growth rate 2023

3.3% (2023 est.)

Real GDP growth rate 2024

3.8% (2024 est.)

Agricultural products

maize, wheat, sugar beets, milk, barley, soybeans, sunflower seeds, potatoes, pork, grapes (2023)

note: top ten agricultural products based on tonnage

Exports - commodities

ships, garments, electricity, packaged medicine, wood (2023)

note: top five export commodities based on value in dollars

Imports - commodities

refined petroleum, cars, garments, natural gas, crude petroleum (2023)

note: top five import commodities based on value in dollars

Current account balance

note

note: balance of payments - net trade and primary/secondary income in current dollars

Current account balance 2022

-$2.621 billion (2022 est.)

Current account balance 2023

$635.97 million (2023 est.)

Current account balance 2024

-$1.049 billion (2024 est.)

Taxes and other revenues

21.5% (of GDP) (2023 est.)

note: central government tax revenue as a % of GDP

GDP (official exchange rate)

$92.526 billion (2024 est.)

note: data in current dollars at official exchange rate

GDP - composition, by end use

note

note: figures may not total 100% due to rounding or gaps in data collection

household consumption

57% (2024 est.)

government consumption

22.6% (2024 est.)

investment in inventories

-0.2% (2024 est.)

investment in fixed capital

23.7% (2024 est.)

exports of goods and services

49.8% (2024 est.)

imports of goods and services

-52.9% (2024 est.)

Population below poverty line

18% (2021 est.)

note: % of population with income below national poverty line

Average household expenditures

on food

18.5% of household expenditures (2023 est.)

on alcohol and tobacco

7.9% of household expenditures (2023 est.)

Inflation rate (consumer prices)

note

note: annual % change based on consumer prices

Inflation rate (consumer prices) 2022

10.8% (2022 est.)

Inflation rate (consumer prices) 2023

7.9% (2023 est.)

Inflation rate (consumer prices) 2024

3% (2024 est.)

Industrial production growth rate

2.1% (2024 est.)

note: annual % change in industrial value added based on constant local currency

Real GDP (purchasing power parity)

note

note: data in 2021 dollars

Real GDP (purchasing power parity) 2022

$153.693 billion (2022 est.)

Real GDP (purchasing power parity) 2023

$158.769 billion (2023 est.)

Real GDP (purchasing power parity) 2024

$164.825 billion (2024 est.)

Youth unemployment rate (ages 15-24)

male

15.5% (2024 est.)

note

note: % of labor force ages 15-24 seeking employment

total

16.6% (2024 est.)

female

18.2% (2024 est.)

Reserves of foreign exchange and gold

note

note: holdings of gold (year-end prices)/foreign exchange/special drawing rights in current dollars

Reserves of foreign exchange and gold 2022

$29.726 billion (2022 est.)

Reserves of foreign exchange and gold 2023

$3.176 billion (2023 est.)

Reserves of foreign exchange and gold 2024

$3.336 billion (2024 est.)

GDP - composition, by sector of origin

note

note: figures may not total 100% due to non-allocated consumption not captured in sector-reported data

industry

19.8% (2024 est.)

services

59.7% (2024 est.)

agriculture

3.4% (2024 est.)

Household income or consumption by percentage share

note

note: % share of income accruing to lowest and highest 10% of population

lowest 10%

2.9% (2022 est.)

highest 10%

23% (2022 est.)

Gini Index coefficient - distribution of family income

note

note: index (0-100) of income distribution; higher values represent greater inequality

Gini Index coefficient - distribution of family income 2022

30 (2022 est.)