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Economy of Croatia
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{{Short description|none}} {{Use dmy dates|date=April 2022}} {{Infobox economy | country = Croatia<!--Do not link country name.--> | image = Zagreb (29255640143).jpg | image_size = 310px | caption = The city of [[Zagreb]] is the capital and financial centre of Croatia. | currency = [[Euro]] (EUR, €) | year = 1 January – 31 December | organs = [[European Union|EU]], [[European Economic Area|EEA]], [[World Trade Organization|WTO]] | group = {{plainlist| *[[Developed country|Advanced economy]]<ref>{{cite web |url=https://www.imf.org/en/Publications/WEO/weo-database/2023/April/select-countries?grp=110&sg=All-countries/Advanced-economies |title=World Economic Outlook Database, April 2023 |publisher=[[International Monetary Fund]] |website=IMF.org |access-date=7 April 2023}}</ref> *[[World Bank high-income economy|High-income economy]]<ref>{{cite web |url=https://datahelpdesk.worldbank.org/knowledgebase/articles/906519-world-bank-country-and-lending-groups |title=World Bank Country and Lending Groups |publisher=[[World Bank]] |website=datahelpdesk.worldbank.org |access-date=29 September 2019}}</ref>}} | population = {{Decrease}} 3,861,967 (2023 est.)<ref>{{cite web |url=https://podaci.dzs.hr/en/statistics/population/ |title=Estimate of mid-year population, households and dwellings in 2023 - Croatian Bureau of Statistics |publisher=[[Croatian Bureau of Statistics]] |date=8 September 2023 |access-date=30 August 2024}}</ref> | gdp = {{plainlist| *{{increase}} $98.95 billion (nominal, 2025f)<ref name="IMFWEOHR">{{cite web |url=https://www.imf.org/external/datamapper/profile/HRV |title=Report for Selected Countries and Subjects: April 2025|publisher=[[International Monetary Fund]]|website=imf.org}}</ref> *{{increase}} $198.27 billion ([[Purchasing power parity|PPP]], 2025f)<ref name="IMFWEOHR"/>}} | gdp rank = {{plainlist| *[[List of countries by GDP (nominal)|74th (nominal, 2024)]] *[[List of countries by GDP (PPP)|79th (PPP, 2024)]]}} | cpi = {{steady}} 50 out of 100 points (2023)<ref name="ti_2023">{{cite web |url=https://www.transparency.org/en/cpi/2023 |date=30 January 2024 |title=Corruption Perceptions Index |website=[[Transparency International]] |access-date=15 July 2024 |archive-date=30 January 2024 |archive-url=https://web.archive.org/web/20240130062042/https://www.transparency.org/en/cpi/2023 |url-status=live }}</ref> ([[Corruption Perceptions Index#Ranking over Time|57th]]) | growth = {{plainlist| * {{Increase}} 3.3% (2023)<ref name="IMF_forecast">{{cite web | url=https://www.imf.org/external/datamapper/NGDP_RPCH@WEO/HRV?zoom=HRV&highlight=HRV | title= GDP Past Annual Growth Rate & IMF Forecast |work=[[International Monetary Fund]]|date=18 April 2023 }}</ref> * {{Increase}} 3.8% (2024)<ref name="dzs_bdp_2024">{{cite web |title=PRVA PROCJENA TROMJESEČNOG BRUTO DOMAĆEG PROIZVODA ZA ČETVRTO TROMJESEČJE 2024. |trans-title=First estimate of the fourth three-month period GBP for 2024 |url=https://podaci.dzs.hr/2024/hr/77027 |website=Državni zavod za statistiku |publisher=Croatian Bureau of Statistics|access-date=2 March 2025|language=hr}}</ref> * {{Increase}} 3.1% {{abbr|(2025f)|2025 Forecast}}<ref name="EU_Forecast">{{cite web | url=https://economy-finance.ec.europa.eu/economic-surveillance-eu-economies/croatia/economic-forecast-croatia_en#:~:text=Croatia's%20GDP%20is%20forecast%20to,unemployment%20rate%20reaching%20new%20lows. | title= Economic Forecast for Croatia |work=[[European Commission]]|date=15 May 2024 }}</ref> }} | per capita = {{plainlist| *{{increase}} $25,674 (nominal, 2025f)<ref name="IMFWEOHR"/> *{{increase}} $51,442 (PPP, 2025f)<ref name="IMFWEOHR"/>}} | per capita rank = {{plainlist| *[[List of countries by GDP (nominal) per capita|47th (nominal, 2025)]] *[[List of countries by GDP (PPP) per capita|39th (PPP, 2025)]]}} | sectors = {{plainlist| *[[Primary sector of the economy|Agriculture]]: 3.1% *[[Secondary sector of the economy|Industry]]: 19.9% *[[Tertiary sector of the economy|Services]]: 60.9% *(2022)<ref>{{cite web|url=https://www.statista.com/statistics/348751/share-of-economic-sectors-in-the-gdp-in-croatia/ |title=Croatia: Share of economic sectors in the gross domestic product (GDP) from 2012 to 2022 |website=statista}}</ref>}} | inflation = {{decreasepositive}} 4.0% (2024f)<ref name="EU_Forecast"/> | poverty = {{plainlist| {{increasenegative}} 19.3% at risk of poverty (2023)<ref name="dzs2023">{{cite journal |title=Pokazatelji siromaštva i socijalne isključenosti u 2022. |journal=Priopćenje |date=28 April 2023 |url=https://podaci.dzs.hr/media/vxkmssgw/zudp-2024-1-1-indicators-of-poverty-and-social-exclusion-2023.pdf |access-date=13 April 2024 |trans-title=Indicators of poverty and social exclusion in 2023 |publisher=Državni zavod za statistiku |location=Zagreb |language=Croatian, English |issn=1334-0557}}</ref> ---- *[[Pannonian Croatia (NUTS-2)|Pannonian Croatia]]: 29.4% (2023)<ref name="dzs2023"/> *[[Adriatic Croatia]]: 17.5% (2023)<ref name="dzs2023"/> *[[City of Zagreb]]: 10.5% (2023)<ref name="dzs2023"/> *[[Northern Croatia]]: 17.7% (2023)<ref name="dzs2023"/>}} | gini = {{IncreaseNegative}} 29.7 {{color|green|low}} (2023)<ref name=eurogini>{{cite web |url=https://ec.europa.eu/eurostat/databrowser/view/tessi190/default/table?lang=en |title=Gini coefficient of equivalised disposable income – EU-SILC survey |publisher=[[Eurostat]] |website=ec.europa.eu |access-date=7 January 2024}}</ref> | hdi = {{plainlist| *{{increase}} 0.878 {{color|darkgreen|very high}} ([[List of countries by Human Development Index|39th]]) (2022)<ref name="HDI">{{cite web |url=http://hdr.undp.org/en/indicators/137506 |title=Human Development Index (HDI) |publisher=[[Human Development Report|HDRO (Human Development Report Office)]] [[United Nations Development Programme]] |website=hdr.undp.org |access-date=12 October 2022}}</ref><ref>{{cite web|url=https://hdr.undp.org/system/files/documents/global-report-document/hdr2023-24reporten.pdf|title=Human Development Report 2023/2024|first=Pedro|last=Conceição|publisher=United Nations Development Programme|date=2024}}</ref> *{{increase}} 0.817 {{color|green|very high}} [[List of countries by inequality-adjusted HDI|IHDI (29th)]] (2022)<ref>{{cite journal |title=Inequality-adjusted HDI (IHDI) |url=http://hdr.undp.org/en/indicators/138806 |website=hdr.undp.org |publisher=[[United Nations Development Programme|UNDP]] |access-date=12 October 2022|last1=Nations |first1=United }}</ref>}} | labor = {{plainlist| *{{increase}} 1,707,050 (2022)<ref name="zaposlenost2022">{{cite web |url=https://podaci.dzs.hr/2023/hr/58057 |title=Aktivno stanovništvo u Republici Hrvatskoj u 2022. – prosjek godine |publisher=DZS |access-date=7 January 2024}}</ref> *{{increasePositive}} 70.7% employment rate (2023)<ref>{{cite web |url=https://ec.europa.eu/eurostat/statistics-explained/index.php?title=Employment_-_annual_statistics |title=Employment rate by sex, age group 20-64 |publisher=[[Eurostat]] |website=ec.europa.eu/eurostat |access-date=20 July 2024}}</ref>}} | unemployment = {{plainlist| *{{decreasepositive}} 5.1% (March 2025)<ref>{{cite web|url=https://podaci.dzs.hr/en/ |title=Unemployment Rate for given month (March 2025) |publisher=Hzz.hr |date= |access-date=23 April 2025}}</ref><ref>{{cite web |url=https://appsso.eurostat.ec.europa.eu/nui/show.do?dataset=une_rt_m&lang=en |title=Unemployment by sex and age – monthly average |publisher=[[Eurostat]] |website=appsso.eurostat.ec.europa.eu |access-date=4 October 2020}}</ref> *{{decreasepositive}} 16.7% (youth) (June 2024)<ref>{{cite web |url=https://ec.europa.eu/eurostat/databrowser/view/teilm021/default/table?lang=en&category=t_labour.t_employ.t_lfsi.t_une |title=Unemployment by sex and age – monthly data |publisher=[[Eurostat]] |website=ec.europa.eu/eurostat/en/ |access-date=7 October 2024}}</ref>}} | average gross salary = [[List of European countries by average wage|€2,014]] monthly (March 2025)<ref name=March25>{{cite web |url=https://dzs.gov.hr/vijesti/prosjecna-neto-placa-za-ozujak-2025-iznosila-1-448-eura/2226 |date=2025-05-21 |title=Prosječna neto plaća za ožujak 2025. iznosila 1 448 eura |trans-title=The average net salary in March 2025 amounted to 1,448 euros |website=dzs.gov.hr |access-date=2025-05-21 |language=hr}}</ref> | average net salary = [[List of European countries by average wage|€1,448]] monthly (March 2025)<ref name=March25/> | industries = [[Chemical substance|chemicals]] and plastics, [[machine tool]]s, [[Fabrication (metal)|fabricated metal]], [[electronics]], [[pig iron]] and [[Rolling (metalworking)|rolled steel]] products, aluminium, paper, wood products, [[construction materials]], textiles, [[shipbuilding]], petroleum and [[petroleum refining]], food and beverages, tourism | edbr = {{increase}} [[Easiest place to do business|51st (very easy)]] (2020)<ref name="World Bank and International Financial Corporation">{{cite web |url=http://www.doingbusiness.org/data/exploreeconomies/croatia |title=Ease of Doing Business in Croatia |publisher=Doingbusiness.org |access-date=21 November 2017 }}</ref> | exports = {{increase}} $26.13 billion (2024)<ref name="razmjena2024">{{cite journal|title=Robna razmjena Republike Hrvatske s inozemstvom u 2024. |journal=Priopćenje |date=29 May 2025 |url=https://podaci.dzs.hr/2025/hr/97249 |access-date=29 May 2025 |trans-title=Merchandise exchange of the Republic of Croatia with foreign countries in 2024 |publisher=Državni zavod za statistiku |location=Zagreb |language=hr, en |issn=1334-0557}}</ref> | export-goods = transport equipment, [[machinery]], textiles, [[Chemical substance|chemicals]], [[foodstuff]]s, [[fuel]]s | export-partners = {{plainlist| *{{flag|Germany}} 11.9% *{{flag|Italy}} 11.4% *{{flag|Bosnia and Herzegovina}} 11.2% *{{flag|Slovenia}} 10.9% *{{flag|Hungary}} 6.2% *{{flag|Serbia}} 5.4% *{{flag|Austria}} 5.1% *{{flag|United States}} 3.3% *{{flag|Slovakia}} 2.4% *{{flag|France}} 2.4% *(2024)<ref name="razmjena2024">{{cite journal|title=Robna razmjena Republike Hrvatske s inozemstvom u 2024. |journal=Priopćenje |date=29 May 2025 |url=https://podaci.dzs.hr/2025/hr/97249 |access-date=29 May 2025 |trans-title=Merchandise exchange of the Republic of Croatia with foreign countries in 2024 |publisher=Državni zavod za statistiku |location=Zagreb |language=hr, en |issn=1334-0557}}</ref>}} | imports = {{increase}} $46.56 billion (2024)<ref name="razmjena2024"/> | import-goods = machinery, transport and [[electrical equipment]]; chemicals, fuels and [[lubricant]]s; foodstuffs | import-partners = {{plainlist| *{{flag|Germany}} 14.4% *{{flag|Italy}} 13.2% *{{flag|Slovenia}} 11.8% *{{flag|Hungary}} 6.5% *{{flag|Austria}} 5.3% *{{flag|Netherlands}} 4.1% *{{flag|Poland}} 4.1% *{{flag|France}} 4.0% *{{flag|China}} 3.4% *{{flag|Bosnia and Herzegovina}} 2.8% *(2024)<ref name="razmjena2024"/>}} | current account = {{decrease}} €-1.059 billion (2024)<ref name="hnb.hr">{{cite web| url = https://www.hnb.hr/en/statistics/main-macroeconomic-indicators| title = Main macroeconomic indicators - HNB}}</ref> | FDI = {{plainlist| *{{increase}} $43.71 billion (on-shore) (2017)<ref name="CIAWFHR">{{Cite CIA World Factbook|country=Croatia|access-date=4 February 2019}}</ref> *{{increase}} $8.473 billion (off-shore) (2017)<ref name="CIAWFHR" />}} | gross external debt = {{IncreaseNegative}} €56.19 billion (2024)<ref name="hnb.hr"/> | debt = {{plainlist| *{{decreasePositive}} 57.6% of GDP (2024)<ref name="hnb.hr"/> *{{increaseNegative}} €49.3 billion (2024)<ref>{{Cite web|url=https://www.hnb.hr/-/objava-statistickih-pokazatelja-duga-opce-drzave-za-prosinac-2024|title=General government debt statistics for December 2024|website=hnb.hr|access-date=22 April 2025}}</ref>}} | revenue = 45.6% of GDP (2024)<ref name="ec_gdp_2024">{{cite web |title=Euro area government deficit at 3.1% and EU at 3.2% of GDP|url=https://ec.europa.eu/eurostat/web/products-euro-indicators/w/2-22042025-ap |website=Eurostat |publisher=European Commission |access-date=22 April 2025}}</ref> | expenses = 48.0% of GDP (2024)<ref name="ec_gdp_2024"/> | balance = {{plainlist| *EUR -2.026 billion deficit (2024)<ref name="ec_gdp_2024"/> *-2.4% of GDP (2024)<ref name="ec_gdp_2024"/>}} | aid = {{plainlist| *€10.74 billion from [[European Structural and Investment Funds]] (2014–2020)<ref>{{Cite web |url=https://ec.europa.eu/regional_policy/sources/policy/what/investment-policy/esif-country-factsheet/esi_funds_country_factsheet_hr_en.pdf |title=European Structural and Investment Funds: Croatia |publisher=European Commission |date=November 2015 |access-date=25 December 2017 |archive-url=https://web.archive.org/web/20170420135423/https://ec.europa.eu/regional_policy/sources/policy/what/investment-policy/esif-country-factsheet/esi_funds_country_factsheet_hr_en.pdf |archive-date=20 April 2017 |url-status=live }}</ref>}} | credit = {{plainlist| *[[Standard & Poor's]]:<ref>{{cite web | url=https://disclosure.spglobal.com/ratings/en/regulatory/article/-/view/type/HTML/id/3250133 | title=Croatia Upgraded To 'A-' On Reform Progress; Outlook Positive | date=16 September 2024 }}</ref> *A− (Long Term) *A-2 (Short Term) *Outlook: Positive (2024) ---- *[[Fitch Ratings|Fitch]]:<ref>{{Cite web |date=21 September 2024 |title=Fitch Upgrades Croatia to 'A-'; Outlook Stable|url=https://www.fitchratings.com/research/sovereigns/fitch-upgrades-croatia-to-a-outlook-stable-20-09-2024#:~:text=Fitch%20Ratings%20%2D%20Frankfurt%20am%20Main,A%2D'%20from%20'BBB%2B'.|website=fitchratings.com}}</ref><ref name="worldgovbonds.com">{{Cite web|url=https://www.worldgovernmentbonds.com/credit-rating/croatia/|title=Croatia Credit Rating|first=Mr|last=GovBonds}}</ref> *A− *Outlook: Stable (2024) ---- *[[Moody's Investors Service|Moody's]]:<ref>{{cite web | url=https://www.moodys.com/research/Moodys-Ratings-upgrades-Croatias-ratings-to-A3-changes-outlook-to--PR_498484 | title=Moodys Ratings upgrades Croatias ratings to A3 | date=8 November 2024 }}</ref> *A3 *Outlook: Stable (2024) ---- *Scope:<ref name="auto1">{{cite news | title=Scope upgrades Croatia's credit ratings to A- and revises the Outlook to Stable |publisher=Scope Ratings |url=https://scoperatings.com/ratings-and-research/rating/EN/177883 |access-date=18 October 2024}}</ref> *A− *Outlook: Stable (2024)}} | reserves = {{steady}} €2.92 billion (August 2024)<ref>{{cite web|url=https://www.hnb.hr/en/statistics/statistical-data/financial-sector/central-bank-cnb/international-reserves |title=International reserves - HNB |publisher=Hnb.hr |date=2016-01-14 |access-date=2024-09-26}}</ref> }} The economy of [[Croatia]] is a [[Developed country|developed]] [[mixed economy]].<ref name=":0">{{cite web |url=https://www.un.org/development/desa/dpad/wp-content/uploads/sites/45/WESP2019_BOOK-web.pdf |archive-url=https://web.archive.org/web/20190224232544/https://www.un.org/development/desa/dpad/wp-content/uploads/sites/45/WESP2019_BOOK-web.pdf |archive-date=2019-02-24 |url-status=live |title=World Economic Situation and Prospects report 2019 |publisher=UN|access-date=21 January 2019}}</ref> It is one of the [[List of countries by GDP (nominal)#Table|largest economies in Southeast Europe]] by nominal [[gross domestic product]] (GDP).<ref name="GDP IMF">{{cite web |date=10 October 2023 |title=World Economic Outlook Database, October 2023 |url=https://www.imf.org/en/Publications/WEO/weo-database/2023/October/weo-report?c=512,914,612,171,614,311,213,911,314,193,122,912,313,419,513,316,913,124,339,638,514,218,963,616,223,516,918,748,618,624,522,622,156,626,628,228,924,233,632,636,634,238,662,960,423,935,128,611,321,243,248,469,253,642,643,939,734,644,819,172,132,646,648,915,134,652,174,328,258,656,654,336,263,268,532,944,176,534,536,429,433,178,436,136,343,158,439,916,664,826,542,967,443,917,544,941,446,666,668,672,946,137,546,674,676,548,556,678,181,867,682,684,273,868,921,948,943,686,688,518,728,836,558,138,196,278,692,694,962,142,449,564,565,283,853,288,293,566,964,182,359,453,968,922,714,862,135,716,456,722,942,718,724,576,936,961,813,726,199,733,184,524,361,362,364,732,366,144,146,463,528,923,738,578,537,742,866,369,744,186,925,869,746,926,466,112,111,298,927,846,299,582,487,474,754,698,&s=NGDPD,&sy=2021&ey=2028&ssm=0&scsm=1&scc=0&ssd=1&ssc=0&sic=0&sort=country&ds=.&br=1 |access-date=10 October 2023 |website=IMF.org |publisher=[[International Monetary Fund]]}}</ref><ref>{{cite web |date=16 April 2024 |title=WEO Database, April 2024. Report for Selected Countries and Subjects: World, European Union |url=https://www.imf.org/en/Publications/WEO/weo-database/2024/April/weo-report?c=960,&s=NGDPD,PPPGDP,NGDPDPC,PPPPC,&sy=2022&ey=2029&ssm=0&scsm=1&scc=0&ssd=1&ssc=0&sic=0&sort=country&ds=.&br=1 |access-date=16 April 2024 |website=IMF.org |publisher=[[International Monetary Fund]]}}</ref> It is an [[open economy]] with accommodative [[Foreign relations of Croatia|foreign policy]], highly dependent on international trade in Europe. Within Croatia, economic development [[List of Croatian counties by GDP|varies among its counties]], with strongest growth in [[Central Croatia]] and its financial centre, [[Zagreb]]. It has a [[List of Croatian counties by Human Development Index|very high level]] of human development,<ref>{{Cite web |title=Sub-national HDI - Area Database - Global Data Lab |url=https://hdi.globaldatalab.org/areadata/shdi/ |access-date=19 July 2021 |website=hdi.globaldatalab.org |language=en}}</ref> low levels of [[Gini coefficient|income inequality]],<ref name=eurogini/> and a high [[quality of life]].<ref>{{Cite web |date=4 December 2023 |title=Croatia - Market Overview |url=https://www.trade.gov/country-commercial-guides/croatia-market-overview |access-date=20 December 2023 |website=[[International Trade Administration]] |language=en}}</ref> Croatia's labor market has been perennially inefficient, with inconsistent [[Ease of doing business index|business standards]] as well as ineffective [[Taxation in Croatia|corporate and income tax policy]].<ref>{{Cite web |date=1 January 2020 |title=Doing Business 2020: Croatia Country Profile |url=https://www.doingbusiness.org/content/dam/doingBusiness/country/c/croatia/HRV.pdf |access-date=20 December 2023 |website=World Bank Group}}</ref><ref>{{Cite web |title=Croatian Economy: Be Dynamic, Not Only in Tourism |url=https://www.imf.org/en/News/Articles/2017/09/18/na091917-croatian-economy-be-dynamic-not-only-in-tourism |access-date=2023-12-20 |website=IMF |language=en}}</ref> Croatia's economic history is closely linked to its historic [[nation-building]] efforts. Its pre-industrial economy leveraged the [[Geography of Croatia|country's geography]] and natural resources to guide agricultural growth. The 1800s saw a shipbuilding boom, railroading, and industrial production. During the 1900s, Croatia entered into a [[planned economy]] (with [[socialism]]) in 1941 and a [[Planned economy#Command economy|command economy]] (with [[communism]]) during [[World War II]]. It experienced rapid urbanization in the 1950s and [[Decentralization|decentralized]] in 1965, diversifying its economy before the [[Breakup of Yugoslavia|collapse of Yugoslavia]] during the 1990s. The [[Croatian War of Independence]] (1991–95) curbed [[Croatian War of Independence#Impact and aftermath|21–25% of wartime GDP]], leaving behind a developing [[transition economy]]. The modern Croatian economy is considered [[World Bank high-income economy|high-income]] and dominated by its [[tertiary sector of the economy|tertiary service sector]], which accounts for 70% of GDP. The high levels of [[tourism in Croatia]] contributes to nearly 20% of GDP, with a total of 20.6 million tourists visiting in 2023.<ref>{{cite web|url=https://www.htz.hr/sites/default/files/2024-01/Turistička%20statistika%20-%20prosinac%202023.pdf|date=2023|title=DOLASCI I NOĆENJA DOMAĆIH I STRANIH TURISTA PO ZEMLJAMA PRIPADNOSTI ZA RAZDOBLJE SIJEČANJ - PROSINAC 2023./2022. (SVI KAPACITETI)|trans-title=ARRIVALS AND OVERNIGHTS OF DOMESTIC AND FOREIGN TOURISTS BY COUNTRIES OF AFFILIATION FOR THE PERIOD JANUARY - DECEMBER 2023/2022. (ALL CAPACITIES)|language=hr|website=htz.hr}}</ref><ref>{{Cite web |title=Informacije o tijeku sezone {{!}} Business HTZ |url=https://www.htz.hr/hr-HR/informacije-o-trzistima/informacije-o-tijeku-sezone |access-date=2024-06-22 |website=htz.hr}}</ref> Croatia is an [[Energy in Croatia|emerging energy power]] in the region, with strategic investments in liquefied natural gas ([[Liquefied natural gas|LNG]]), [[geothermal energy|geothermal]] power, and electric automobiles.<ref>{{Cite news |date=18 June 2021 |title=Croatian island eyes green energy self-sufficiency in this decade |language=en |work=Reuters |agency=Reuters |url=https://www.reuters.com/business/sustainable-business/croatian-island-eyes-green-energy-self-sufficiency-this-decade-2021-06-18/ |access-date=26 November 2021}}</ref><ref>{{cite web |title=Croatia - Renewable Energy |url=https://www.trade.gov/country-commercial-guides/croatia-renewable-energy |access-date=26 November 2021 |website=trade.gov |language=en}}</ref> It supports regional economic activity via transportation networks across the [[Adriatic Sea]] and throughout [[Pan-European corridors]]. As a member of the [[European Union]], [[Eurozone]], and [[Schengen Area]], it uses the [[euro]] (€) as official currency.<ref name=":21">{{Cite web |title=Nova EU direktiva: Minimalac bi mogao porasti na 4000 kuna, sindikati traže 5000 |url=https://www.tportal.hr/biznis/clanak/nova-eu-direktiva-minimalac-bi-mogao-porasti-na-4000-kuna-sindikati-traze-5000-foto-20220916 |access-date=2022-10-17 |website=tportal.hr}}</ref><ref name=":17">{{Cite web |title=Overview |url=https://www.worldbank.org/en/country/croatia/overview |access-date=2022-10-17 |website=World Bank |language=en}}</ref> Croatia has free-trade agreements with many world nations and is a part of the [[World Trade Organization]] (2000) and the [[European Economic Area|EEA]] (2013). ==History== ===Pre-20th century === [[File:Viktor Kovačić- Palača Burze, Trg Burze, Zagreb, 1922- 1927.jpg|thumb|left|[[Zagreb]] [[Zagreb Stock Exchange|Stock Exchange Palace]] in 1927]] [[File:Rijeka oil refinery around 1930.jpg|thumb|left|[[Oil refinery]] in [[Rijeka]] in the 1930s]] When Croatia was still part of the [[The Dual monarchy|Dual Monarchy]], its economy was largely agricultural. However, modern industrial companies were also located in the vicinity of the larger cities. The [[Kingdom of Croatia (Habsburg)|Kingdom of Croatia]] had a high ratio of population working in agriculture. Many industrial branches developed in that time, like forestry and wood industry ([[stave (wood)|stave]] fabrication, the production of [[potash]], [[Sawmill|lumber mills]], [[shipbuilding]]). The most profitable one was stave fabrication, the boom of which started in the 1820s with the clearing of the oak forests around [[Karlovac]] and [[Sisak]] and again in the 1850s with the marshy oak masses along the Sava and Drava rivers. Shipbuilding in Croatia played a huge role in the 1850s [[Austrian Empire]], especially the long-range sailing boats. Sisak and [[Vukovar]] were the centres of river-shipbuilding.<ref>[http://hrcak.srce.hr/81678 Mariann Nagy – Croatia in the Economic Structure of the Habsburg Empire in the Light of the 1857 Census], p. 81-82</ref> [[Kingdom of Slavonia|Slavonia]] was also mostly an agricultural land and it was known for its silk production. Agriculture and the breeding of cattle were the most profitable occupations of the inhabitants. It produced [[cereal|corn]] of all kinds, [[hemp]], [[flax]], tobacco, and great quantities of [[liquorice]].<ref name=Nagy>[http://hrcak.srce.hr/81678 Mariann Nagy – Croatia in the Economic Structure of the Habsburg Empire in the Light of the 1857 Census], p. 88</ref><ref name=Penny>[[Society for the Diffusion of Useful Knowledge]]: The Penny Cyclopaedia of the Society for the Diffusion of Useful Knowledge, vol 22, p. 100-101</ref> The first steps towards industrialization began in the 1830s and in the following decades the construction of big industrial enterprises took place.<ref>[[Mikulas Teich]], [[Roy Porter]]: [https://books.google.com/books?id=z7GVCC0hlBsC The Industrial Revolution in National Context: Europe and the USA], Cambridge University Press, 1996, p. 310</ref> During the 2nd half of the 19th and early 20th century there was an upsurge of industry in Croatia, strengthened by the construction of [[Croatian Railways|railways]] and the electric-power production. The industrial production was still lower than agricultural production.<ref>Mikulas Teich, Roy Porter: [https://books.google.com/books?id=z7GVCC0hlBsC ''The Industrial Revolution in National Context: Europe and the USA''], Cambridge University Press, 1996, p. 311</ref> Regional differences were high. Industrialization was faster in inner Croatia than in other regions, while [[Kingdom of Dalmatia|Dalmatia]] remained one of the poorest provinces of Austria-Hungary.<ref>{{cite book|last=Tanner|first=Marcus|title=Croatia: a nation forged in war|year=2001|edition=2nd|publisher=[[Yale University Press]]|location=New Haven; London|page=[https://archive.org/details/croatianationfor0000tann_f0k3/page/110 110]|isbn=0-300-09125-7|url-access=registration|url=https://archive.org/details/croatianationfor0000tann_f0k3/page/110}}</ref> The slow rate of modernization and rural overpopulation caused extensive emigration, particularly from Dalmatia. According to estimates, roughly 400,000 Croats emigrated from Austria-Hungary between 1880 and 1914. In 1910 8.5% of the population of [[Kingdom of Croatia-Slavonia|Croatia-Slavonia]] lived in urban settlements.<ref name=Frucht>[https://books.google.com/books?id=lVBB1a0rC70C Richard C. Frucht: ''Eastern Europe: An Introduction to the People, Land, and Culture''], p. 462–463</ref> In 1918 Croatia became part of the [[Kingdom of Yugoslavia]], which was in the interwar period one of the least developed countries in Europe. Most of its industry was based in [[Drava Banovina|Slovenia]] and [[Banovina of Croatia|Croatia]], but further industrial development was modest and centered on [[Textile manufacturing|textile mills]], [[sawmill]]s, [[Brickyard|brick yards]] and food-processing plants. The economy was still traditionally based on agriculture and raising of livestock, with [[peasant]]s accounting for more than half of Croatia's population.<ref name=Frucht /><ref>[https://books.google.com/books?id=-84_kkgMf2QC The ''First Yugoslavia: Search for a Viable Political System''], Hoover Press, 1983, p. 72</ref> In 1941 the [[Independent State of Croatia]] (NDH), a [[World War II]] [[puppet state]] of [[Nazi Germany|Germany]] and [[Kingdom of Italy|Italy]], was established in parts of [[World War II in Yugoslavia|Axis-occupied Yugoslavia]]. The economic system of NDH was based on the concept of "Croatian [[socialism]]".<ref name=Yeomans1>Rory Yeomans:[https://books.google.com/books?id=Yxv4-iqVe2wC Visions of Annihilation: The Ustasha Regime and the Cultural Politics of Fascism, 1941–1945], University of Pittsburgh Pre, 2013, p. 197</ref> The main characteristic of the new system was the concept of a [[planned economy]] with high levels of state involvement in economic life. The fulfillment of basic economic interests was primarily ensured with measures of repression.<ref name=Matkovic>[[Hrvoje Matković]]: Povijest nezavisne države Hrvatske, Drugo, dopunjeno izdanje Zagreb, 2002., p. 118</ref> All large companies were placed under state control and the property of the regime's national enemies was nationalized. Its currency was the [[Independent State of Croatia kuna|NDH kuna]]. The Croatian State Bank was the central bank, responsible for issuing currency. As the war progressed the government kept printing more money and its amount in circulation was rapidly increasing, resulting in high inflation rates.<ref>Jozo Tomašević: Rat i revolucija u Jugoslaviji 1941–1945, 2010, p. 785</ref> After World War II, the new [[Communist Party of Yugoslavia]] converted to a [[Planned economy#Command economy|command economy]] on the Soviet model of rapid industrial development. In accordance with the communist plan, mainly companies in the pharmaceutical industry, the food industry and the consumer goods industry were founded in Croatia. Metal and [[heavy industry]] was mainly promoted in [[Socialist Republic of Bosnia and Herzegovina|Bosnia]] and [[Socialist Republic of Serbia|Serbia]]. By 1948 almost all domestic and foreign-owned capital had been nationalized. The industrialization plan relied on high taxation, fixed prices, [[World War II reparations towards Yugoslavia|war reparations]], Soviet credits, and export of food and raw materials. Forced [[Collectivization in Yugoslavia|collectivization]] of agriculture was initiated in 1949. At that time 94% of agricultural land was privately owned, and by 1950 96% was under the control of the social sector. A rapid improvement of food production and the standard of living was expected, but due to bad results the program was abandoned three years later.<ref name=Frucht /> Throughout the 1950s [[Socialist Republic of Croatia|Croatia]] experienced rapid urbanization. [[Decentralization]] came in 1965 and spurred growth of several sectors including a prosperous tourist industry. [[SR Croatia]] was, after [[SR Slovenia]], the second most developed republic in [[Socialist Federal Republic of Yugoslavia|Yugoslavia]] with a ~55% higher GDP per capita than the Yugoslav average, generating 31.5% of Yugoslav GDP or $30.1Bn in 1990.<ref>{{cite web | url=https://data.un.org/Data.aspx?q=gdp+per+capita+yugoslavia&d=SNAAMA&f=grID:101;currID:USD;pcFlag:1;crID:890 | title=UNdata | record view | per capita GDP at current prices - US dollars }}</ref> Croatia and Slovenia accounted for nearly half of the total [[Economy of the Socialist Federal Republic of Yugoslavia|Yugoslav GDP]], and this was reflected in the overall [[standard of living]]. In the mid-1960s, Yugoslavia lifted emigration restrictions and the number of emigrants increased rapidly. In 1971 224,722 workers from Croatia were employed abroad, mostly in [[West Germany]].<ref>{{cite web|url=http://www.photius.com/countries/croatia/society/yugoslavia_former_society_guest_workers.html|title=Yugoslavia (former) Guest Workers – Flags, Maps, Economy, History, Climate, Natural Resources, Current Issues, International Agreements, Population, Social Statistics, Political System|website=photius.com}}</ref><ref>Ivo Nejašmić: [http://hrcak.srce.hr/index.php?show=clanak&id_clanak_jezik=187703 Hrvatski građani na radu u inozemstvu: razmatranje popisnih podataka 1971, 1981. i 1991.]</ref> Foreign remittances contributed $2 billion annually to the economy by 1990.<ref>Europa Publications Limited. ''Eastern Europe and the Commonwealth of Independent States 1999: 1999''. Routledge, 1999. (pg. 279)</ref> Profits gained through Croatia's industry were used to develop poor regions in other parts of former Yugoslavia, leading to Croatia contributing much more to the federal Yugoslav economy than it gained in return. This, coupled with [[austerity]] programs and [[hyperinflation]] in the 1980s, led to discontent in both Croatia and Slovenia which eventually fuelled political movements calling for independence.<ref name=IBP>International Business Publications: [https://books.google.com/books?id=qND3Dii7qjIC Croatia Investment and Trade Laws and Regulations Handbook], p. 22</ref>[[File:Brodosplit - juice carrier.JPG|thumb|A ship being built in [[Split, Croatia|Split]], 2010]] [[File:GDP of Croatia at constant prices.png|thumb|right|GDP of Croatia at constant 2010 prices from 1990 to 2017]] [[File:Real GDP growth in Croatia.png|thumb|right|Real GDP growth in Croatia 2005–2015]] [[File:Unemployment in Croatia 1996. - 2019.png|thumb|right|Unemployment rate from 1996 to 2019 according to [[Eurostat]]]] In the late 1980s and early 1990s, with the collapse of socialism and the beginning of [[Transition economy|economic transition]], Croatia faced considerable economic problems stemming from:<ref>{{cite web|url=http://www.iiasa.ac.at/~marek/fbook/00/geos/hr.html|title=CIA – The World Factbook 2000 – Croatia|website=iiasa.ac.at}}</ref> * the legacy of longtime communist mismanagement of the economy; * damage during the internecine fighting to bridges, factories, power lines, buildings, and houses; * the large refugee and displaced population, both Croatian and [[Bosnians|Bosnian]]; * the disruption of economic ties; and * inefficient privatization At the time Croatia gained independence, its economy (and the whole [[Economy of the Socialist Federal Republic of Yugoslavia|Yugoslavian economy]]) was in the middle of recession. Privatization under the new government had barely begun when war broke out in 1991. As a result of the [[Croatian War of Independence]], infrastructure sustained massive damage in the period 1991–92, especially the revenue-rich tourism industry. The [[Privatization in Croatia|privatization of sovereign assets]] and transformation from a planned economy to a [[market economy]] was thus slow and unsteady, largely as a result of public mistrust when many state-owned companies were sold to politically well-connected at below-market prices. With the end of the war, Croatia's economy recovered moderately, but corruption, cronyism, and a general lack of transparency stymied economic reforms and foreign investment.<ref name="IBP" /><ref name="Benczes">Istvan Benczes: [https://books.google.com/books?id=f4R2BgAAQBAJ Deficit and Debt in Transition: The Political Economy of Public Finances in Central and Eastern Europe], Central European University Press, 2014, p. 203</ref> The privatization of large government-owned companies was practically halted during the war and in the years immediately following the conclusion of peace. In 2000, roughly 70% of Croatia's major companies were still state-owned, including water, electricity, oil, transportation, telecommunications, and tourism.<ref>[https://books.google.com/books?id=lVBB1a0rC70C Eastern Europe: An Introduction to the People, Land, and Culture], p. 473</ref> The early 1990s experienced high inflation. In 1991 the [[Croatian dinar]] was introduced as a transitional currency, but inflation continued to accelerate. The anti-inflationary stabilization steps in 1993 decreased retail price inflation from a monthly rate of 38.7% to 1.4%, and by the end of the year, Croatia experienced deflation. In 1994 Croatia introduced the [[Croatian kuna|kuna]] as its currency.<ref name="Benczes" /> As a result of the macro-stabilization programs, the negative growth of GDP during the early 1990s stopped and reversed into a positive trend. Post-war reconstruction activity provided another impetus to growth. Consumer spending and private sector investments, both of which were postponed during the war, contributed to the growth in 1995–1997.<ref name="Benczes" /> Croatia began its independence with a relatively low external debt because the debt of Yugoslavia was not shared among its former republics at the beginning. In March 1995 Croatia agreed with the Paris Club of creditor governments and took 28.5% of Yugoslavia's previously non-allocated debt over 14 years. In July 1996 an agreement was reached with the London Club of commercial creditors, when Croatia took 29.5% of Yugoslavia's debt to commercial banks. In 1997 around 60 percent of Croatia's external debt was inherited from former Yugoslavia.<ref name="Benczes2">Istvan Benczes: [https://books.google.com/books?id=f4R2BgAAQBAJ Deficit and Debt in Transition: The Political Economy of Public Finances in Central and Eastern Europe], Central European University Press, 2014, p. 205-206</ref> At the beginning of 1998 value-added tax was introduced. The central government budget was in surplus in that year, most of which was used to repay foreign debt.<ref>OECD: [https://books.google.com/books?id=WxvKqey-mmoC Agricultural Policies in Emerging and Transition Economies 1999], p. 43</ref> Government debt to GDP had fallen from 27.30% to 26.20% at the end of 1998. However, the consumer boom was disrupted in mid 1998, as a result of the bank crisis when 14 banks went bankrupt.<ref name="Benczes" /> Unemployment increased and GDP growth slowed down to 1.9%. The recession that began at the end of 1998 continued through most of 1999, and after a period of expansion GDP in 1999 had a negative growth of −0.9%.<ref name="unstats">{{cite web|url=http://unstats.un.org/unsd/snaama/introduction.asp|title=United Nations Statistics Division – National Accounts|website=unstats.un.org}}</ref> In 1999 the government tightened its fiscal policy and revised the budget with a 7% cut in spending.<ref name="Gale">Gale Research: [https://books.google.com/books?id=uX8pX4H3u0kC Countries of the World and Their Leaders: Yearbook 2001], p. 456</ref> In 1999 the private sector share in GDP reached 60%, which was significantly lower than in other former socialist countries. After several years of successful macroeconomic stabilization policies, low inflation and a stable currency, economists warned that the lack of fiscal changes and the expanding role of the state in the economy caused the decline in the late 1990s and were preventing sustainable economic growth.<ref name="Benczes2" /><ref name="Gale" /> {| class="wikitable" |- !Year|| GDP growth || Deficit/surplus* || Debt to GDP || Privatization revenues* |- |1994|| 5.9% || 1.8% || 22.2% || |- |1995|| 6.8% || −0.7% || 19.3% || 0.9% |- |1996|| 5.9% || −0.4% || 28.5% || 1.4% |- |1997|| 6.6% || −1.2% || 27.3% || 2.0% |- |1998|| 1.9% || 0.5% || 26.2% || 3.6% |- |1999|| −0.9% || −2.2% || 28.5% || 8.2% |- |2000|| 3.8% || −5.0% || 34.3% || 10.2% |- |2001|| 3.4% || −3.2% || 35.2% || 13.5% |- |2002|| 5.2% || −2.6% || 34.8% || 15.8% |- | colspan="5" |*<small>Including capital revenues</small> <br />*<small>cumulative, in % of GDP</small> |} ===21st century=== The new government led by the president of [[Social Democratic Party of Croatia|SDP]], [[Ivica Račan]], carried out a number of structural reforms after it won the [[2000 Croatian parliamentary election|parliamentary elections on 3 January 2000]]. The country emerged from the recession in the 4th quarter of 1999 and growth picked up in 2000.<ref>Istvan Benczes:[https://books.google.com/books?id=f4R2BgAAQBAJ ''Deficit and Debt in Transition: The Political Economy of Public Finances in Central and Eastern Europe''], Central European University Press, 2014, p. 207</ref> Due to overall increase in stability, the economic rating of the country improved and interest rates dropped. Economic growth in the 2000s was stimulated by a credit boom led by newly privatized banks, capital investment, especially in road construction, a rebound in tourism and credit-driven consumer spending. Inflation remained tame and the currency, the kuna, stable.<ref name="IBP" /><ref>{{Cite CIA World Factbook|country=Croatia|date=2 March 2022}}</ref> In 2000 Croatia generated 5,899 billion kunas in total income from the shipbuilding sector, which employed 13,592 people. Total exports in 2001 amounted to $4,659,286,000, of which 54.7% went to the countries of the EU. Croatia's total imports were $9,043,699,000, 56% of which originated from the EU.<ref>[https://books.google.com/books?id=lVBB1a0rC70C Richard C. Frucht: ''Eastern Europe: An Introduction to the People, Land, and Culture''], p. 468</ref> Unemployment reached its peak in late 2002, but has since been steadily declining. In 2003, the nation's economy would officially recover to the amount of GDP it had in 1990.<ref name="croa44">{{cite web |url=http://euce.org/eusa/2011/papers/2f_adams.pdf |title=The Political Economies of Slovenia and Croatia: Does EU and Eurozone Membership Play a Role At All? |last=Adams |first=John |access-date=8 April 2013 |url-status=dead |archive-url=https://web.archive.org/web/20140709085923/http://euce.org/eusa/2011/papers/2f_adams.pdf |archive-date=9 July 2014 }}</ref> In late 2003 the new government led by [[HDZ]] took over the office. Unemployment continued falling, powered by growing industrial production and rising GDP, rather than only seasonal changes from tourism. Unemployment reached an all-time low in 2008 when the annual average rate was 8.6%,<ref name="eurostat">{{Cite web|url=https://ec.europa.eu/eurostat/web/main/eurostat/web/main/help/faq/data-services|title=Data services - Eurostat|website=ec.europa.eu}}</ref> GDP per capita peaked at $16,158,<ref name="unstats" /> while public debt as percentage of GDP decreased to 29%. Most economic indicators remained positive in this period except for the [[external debt]] as Croatian firms focused more on empowering the economy by taking loans from foreign resources.<ref name="croa44" /> Between 2003 and 2007, Croatia's private-sector share of GDP increased from 60% to 70%.<ref>{{cite web|url=http://www.qfinance.com/country-profiles/croatia|title=qfinance.com|website=qfinance.com|access-date=8 April 2013|archive-url=https://web.archive.org/web/20130209043630/http://www.qfinance.com/country-profiles/croatia|archive-date=9 February 2013|url-status=dead}}</ref> The [[Croatian National Bank]] took steps to curb further growth of indebtedness of local banks with foreign banks. The dollar debt figure is adversely affected by the EUR-USD ratio—over a third of the increase in debt since 2002 is due to currency value changes. Economic growth has been hurt by the global financial crisis.<ref name="heritage">{{cite web|url=http://www.heritage.org/index/country/croatia|archive-url=https://web.archive.org/web/20090115142435/http://www.heritage.org/index/country/Croatia|url-status=unfit|archive-date=15 January 2009|title=Croatia Economy: Population, GDP, Inflation, Business, Trade, FDI, Corruption|publisher=The Heritage Foundation}}</ref> Immediately after the crisis it seemed that Croatia did not suffer serious consequences like some other countries. However, in 2009, the crisis gained momentum and the decline in GDP growth, at a slower pace, continued during 2010. In 2011 the GDP stagnated as the growth rate was zero.<ref name="Dalic">Martina Dalić (2013): "Croatia: A Prolonged Crisis without Recovery" in Novotny Vitt (ed.) ''[https://books.google.com/books?id=UYZcCO9UEfkC From Reform to Growth: Managing the Economic Crisis in Europe]'', Centre for European Studies, Brussels, May/2013, p. 67-88</ref> Since the global crisis hit the country, the unemployment rate has been steadily increasing, resulting in the loss of more than 100,000 jobs.<ref>{{cite web|url=http://www.balkaninsight.com/en/article/croatia-loses-battle-with-crisis|title=Economic Outlook Darkens in Croatia :: Balkan Insight|website=balkaninsight.com|date=29 August 2012}}</ref> While unemployment was 9.6% in late 2007,<ref name="bwhuxz">{{cite web|url=http://www.hnb.hr/statistika/e-ekonomski_indikatori.htm?tsfsg=15127d5832d6ac210a43438afd2fc966|title=Ekonomski Indikatori<!-- Bot generated title -->|url-status=dead |archive-url=https://web.archive.org/web/20070928071307/http://www.hnb.hr/statistika/e-ekonomski_indikatori.htm?tsfsg=15127d5832d6ac210a43438afd2fc966|archive-date=28 September 2007 }}</ref> in January 2014 it peaked at 22.4%.<ref name="dzs.hr">{{cite web|url=http://www.dzs.hr|title=Državni Zavod Za Statistiku – Republika Hrvatska|website=dzs.hr}}</ref> In 2010 [[Gini coefficient]] was 0,32.<ref>{{cite web|url=http://www.dzs.hr/Hrv_Eng/publication/2011/14-01-02_01_2011.htm|title=Pokazatelji Siromaštva u 2010/Poverty Indicators, 2010|website=dzs.hr}}</ref> In September 2012, Fitch ratings agency unexpectedly improved Croatia's economic outlook from negative to stable, reaffirming Croatia's current BBB rating.<ref>{{cite web|url=http://www.balkaninsight.com/en/article/fitch-unexpectedly-improves-croatian-economic-outlook|title=Fitch Cheers Croatia With Upbeat Rating :: Balkan Insight|website=balkaninsight.com|date=6 September 2012}}</ref> The slow pace of privatization of state-owned businesses and an over-reliance on tourism have also been a drag on the economy.<ref name="heritage" /> Croatia joined the [[European Union]] on 1 July 2013 as the 28th member state. The Croatian economy is heavily interdependent on other principal economies of Europe, and any negative trends in these larger EU economies also have a negative impact on Croatia. [[Italy]], [[Germany]] and [[Slovenia]] are Croatia's most important trade partners.<ref name="Dalic" /> In spite of the rather slow post-recession recovery, in terms of income per capita it is still ahead of some European Union member states such as [[Bulgaria]], and [[Romania]].<ref name="EurostatGDP">{{cite web|url=http://epp.eurostat.ec.europa.eu/statistics_explained/index.php/GDP_per_capita,_consumption_per_capita_and_comparative_price_levels|title=Statistics Explained|website=epp.eurostat.ec.europa.eu}}</ref> In terms of minimum monthly wage, Croatia is ahead of 9 EU members ([[Greece]], [[Malta]], [[Estonia]], [[Czech Republic]], [[Slovakia]], [[Romania]], [[Latvia]], [[Hungary]], and [[Bulgaria]]) at €970.<ref>{{Cite web |title=Minimum wage statistics |url=https://ec.europa.eu/eurostat/statistics-explained/index.php?title=Minimum_wage_statistics |access-date=2025-02-12 |website=ec.europa.eu |language=en}}</ref> The annual average unemployment rate in 2014 was 17.3% and Croatia has the third-highest unemployment rate in the European Union, after [[Greece]] (26.5%), and Spain (24.%).<ref name="eurostat" /> Of particular concern is the heavily backlogged judiciary system, combined with inefficient public administration, especially regarding the issues of land ownership and corruption in the public sector. Unemployment is regionally uneven: it is very high in eastern and southern parts of the country, nearing 20% in some areas, while relatively low in the north-west and in larger cities, where it is between 3 and 7%. In 2015 external debt rose by €2.7 billion since the end of 2014 and as of December 2022 is around €50.9 billion.<ref>{{Cite web |title=Croatia External Debt, 1998 – 2023 {{!}} CEIC Data |url=https://www.ceicdata.com/en/indicator/croatia/external-debt |access-date=2025-02-12 |website=ceicdata.com}}</ref> ===2016–2019=== During 2015 the Croatian economy started with slow but upward economic growth, which continued during 2016 and conclusive at the end of the year seasonally adjusted was recorded at 3.5%.<ref>{{cite web| url = http://www.rttnews.com/2749294/croatia-gdp-growth-quickens-in-q4.aspx| title = Croatia GDP Growth Quickens In Q4, 28 February 2017, accessed 14 March 2017}}</ref> The better than expected figures during 2016 enabled the Croatian Government and with more tax receipts enabled the repayment of debt as well as narrow the current account deficit during Q3 and Q4 of 2016<ref>{{Cite news|url=https://www.rttnews.com/2723484/croatia-trade-deficit-narrows-in-september.aspx|title=Croatia Trade Deficit Narrows In September|website=RTTNews}}</ref><ref>{{cite news| url = https://www.bloomberg.com/news/articles/2016-03-10/croatia-to-narrow-2016-budget-deficit-on-planned-economic-growth| title = Jasmina Kuzmanovic, Croatia to Narrow 2016 Budget Deficit on Planned Economic Growth, 10 March 2016, accessed 14 March 2017| website = [[Bloomberg News]]| date = 10 March 2016}}</ref> This growth in economic output, coupled with the reduction of government debt has made a positive impact on the financial markets with many ratings agencies revising their outlook from negative to stable, which was the first upgrade of Croatia's credit rating since 2007.<ref>{{cite web| url = https://www.moodys.com/research/Moodys-changes-outlook-on-Croatias-Ba1-government-bond-rating-to--PR_295208| title = Croatia views Moody's outlook upgrade as results of reform: minister, 11 March 2017, accessed 14 March 2017| date = 21 March 2014}}</ref> Due to consecutive months of economic growth and the demand for labour, plus the outflows of residents to other European countries, Croatia had recorded the biggest fall in the number of unemployed during the month of November 2016 from 16.1% to 12.7%. === 2020 === [[COVID-19 pandemic|COVID-19 Pandemic]] has caused more than 400,000 workers to file for economic aid of 4000.00 [[Croatian kuna|HRK.]]/month. In the first quarter of 2020, Croatian GDP rose by 0.2% but then in Q2 [[Government of Croatia]] announced the biggest quarterly GDP plunge of -15.1% since GDP has been measured. Economic activity also plunged in Q3 2020 when GDP slid by an additional -10.0%. In autumn 2020 [[European Commission]] estimated total GDP loss in 2020 to be -9.6%. Growth was set to pick up in the last month of Q1 2021 and the second quarter of 2021 respectively +1.4% and +3.0%, meaning that Croatia was set to reach 2019 levels by 2022.<ref>{{cite web|title=Autumn 2020 Economic Forecast|url=https://ec.europa.eu/info/business-economy-euro/economic-performance-and-forecasts/economic-forecasts/autumn-2020-economic-forecast_en|access-date=28 January 2021|website=European Commission - European Commission|language=en}}</ref> === 2021 === In July 2021 projection was improved to 5.4% due to the strong outturn in the first quarter and the positive high-frequency indicators concerning consumption, construction, industry and tourism prospects.<ref>{{cite web|date=7 July 2021|title=European Commission revises up Croatia's 2021 GDP forecast to 5.4 pct|url=https://hr.n1info.com/english/news/european-commission-revises-up-croatias-2021-gdp-forecast-to-5-4-pct/|access-date=17 November 2021|website=N1|language=hr}}</ref> In November 2021 Croatia outperformed these projections and the real GDP growth was calculated to be 8.1% for the year 2021, improving its projection of 5.4% GDP growth made in July.<ref>{{cite web|title=EU Commission raises forecast for Croatia's 2021 GDP growth to 8.1%|url=http://seenews.com/news/eu-commission-raises-forecast-for-croatias-2021-gdp-growth-to-81-760968|access-date=17 November 2021|website=seenews.com|date=11 November 2021 |language=en}}</ref> The recovery was supported by strong private consumption, the better-than-expected performance of tourism and the ongoing resilience of the export sector. Preliminary data point to tourism-related expenditure already exceeding 2019 levels, which has been supportive of both employment and consumption. Exports of goods have also continued to perform strongly (up 43%yoy in 2Q21) pointing to resilient competitiveness.<ref>{{cite web|url=https://www.fitchratings.com/research/sovereigns/fitch-upgrades-croatia-to-bbb-outlook-positive-12-11-2021|access-date=17 November 2021|website=fitchratings.com|title=Fitch Upgrades Croatia to 'BBB'; Outlook Positive}}</ref> Croatian merchandise exports in the first nine months of 2021 amounted to €13.3 billion, an annual increase of 24.6%. At the same time, imports rose 20.3% to €20.4 billion. The coverage of imports by exports for the first nine months is 65.4%.<ref>{{cite web|date=9 November 2021|title=Izvoz porastao za 24,9 posto, uvoz za 20,6. Razlika je još uvijek velika na strani uvoza|url=https://www.novilist.hr/novosti/gospodarstvo/izvoz-porastao-za-249-posto-uvoz-za-206/|access-date=17 November 2021|website=Novi list|language=en}}</ref> This made 2021 Croatian export's record year as the trade off-set from 2019 was exceeded by €2 billion.<ref name=":1">{{cite web|title=Rekordna godina: Skor iz 2019. nadmašen za 2 milijarde eura|url=https://www.poslovni.hr/hrvatska/rekordna-izvozna-godina-skor-iz-2019-nadmasen-za-2-milijarde-eura-4312268|access-date=17 November 2021|language=en-US}}</ref> Exports recovered in all major markets, more precisely with all [[European Union|EU]] countries and [[Central European Free Trade Agreement|CEFTA]] countries. Specifically, on the EU market, only a lower export result is recorded in relations with [[Sweden]], [[Belgium]] and [[Luxembourg]]. [[Italy]] is again the main market for Croatian products, followed by [[Germany]] and [[Slovenia]]. Apart from the high contribution of [[crude oil]] that [[INA d.d.|Ina]] sends to [[Hungary]] to the [[MOL (company)|Mol]] refinery for processing, the export of [[artificial fertilizer]]s from [[Petrokemija]] also has a significant contribution to growth. For 2022, the [[European Commission|Commission]] revised downwards its projection for Croatia's economic growth to 5.6% from 5.9% previously predicted in July 2021. Commission again confirmed that the volume of Croatia's GDP should reach its 2019 level during 2022, while in 2023 the GDP will grow by 3.4%. The Commission warned that the key downside risks stem from Croatia's relatively low [[Deployment of COVID-19 vaccines|vaccination rates]], which could lead to stricter containment measures, and continued delays of the [[2020 Zagreb earthquake|earthquake-related reconstruction]]. Croatia's entry into the [[Schengen Area|Schengen area]] and [[Croatia and the euro|euro]] adoption towards the end of the forecast period could benefit investment and trade. On Friday, 12 November 2021 [[Fitch Ratings|Fitch]] raised Croatia's [[List of countries by credit rating|credit rating]] by one level, from ‘BBB−‘ to ‘BBB’, Croatia's highest credit rating in history,<ref name=":2">{{cite news|last=Trkanjec|first=Zeljko|date=15 November 2021|title=Fitch assigns Croatia highest credit rating in history|url=https://www.euractiv.com/section/politics/short_news/fitch-assigns-croatia-highest-credit-rating-in-history/|access-date=17 November 2021|website=euractiv.com|language=en-GB}}</ref> with a positive outlook, noting progress in [[Enlargement of the eurozone|preparations for Eurozone membership]] and a strong recovery of the Croatian economy from the pandemic crisis.<ref name=":3">{{cite web|date=15 November 2021|title=Fitch Upgrades Croatia to 'BBB'|url=https://investcroatia.gov.hr/en/fitch-upgrades-croatia-to-bbb/|access-date=17 November 2021|website=Invest Croatia|language=en-US}}</ref> This is also secured by the failure of the [[Euroscepticism|eurosceptic]] party [[Hrvatski Suverenisti]] in a bid on the referendum to block Euro adoption in Croatia.<ref>{{cite web|title=Croatia's eurosceptics fail in bid on referendum to block euro|url=https://www.swissinfo.ch/eng/reuters/croatia-s-eurosceptics-fail-in-bid-on-referendum-to-block-euro/47115182|access-date=17 November 2021|website=SWI swissinfo.ch|language=en|archive-date=17 November 2021|archive-url=https://web.archive.org/web/20211117111146/https://www.swissinfo.ch/eng/reuters/croatia-s-eurosceptics-fail-in-bid-on-referendum-to-block-euro/47115182|url-status=dead}}</ref> In December 2021 Croatia's industrial production increased for the thirteenth consecutive month,<ref>{{cite web|last=Trkanjec|first=Zeljko|date=1 February 2022|title=Industrial production in Croatia up 6.7% in 2021|url=https://www.euractiv.com/section/politics/short_news/industrial-production-in-croatia-up-6-7-in-2021/|access-date=6 February 2022|website=euractiv.com|language=en-GB}}</ref> observing the growth of production increasing in all of the five aggregates.<ref>{{cite web|title=Croatian Bureau of Statistics|url=https://www.dzs.hr/Eng/Covid-19/industry-industrial_production_12_21.html|access-date=6 February 2022|website=dzs.hr}}</ref> meaning that industrial production in 2021 increased by 6.7 percent.<ref>{{cite web|title=Industrijska proizvodnja u 2021. godini porasla 6,7 posto|url=https://www.tportal.hr/biznis/clanak/industrijska-proizvodnja-u-2021-godini-porasla-6-7-posto-foto-20220131|access-date=6 February 2022|website=tportal.hr}}</ref> In 2021 Croatia joined the list of countries with its own automobile industry,<ref>{{cite web |date=2021-08-20 |title=Why Rimac-Bugatti CEO plans to keep pushing boundaries |url=https://europe.autonews.com/automakers/why-rimac-bugatti-ceo-plans-keep-pushing-boundaries |access-date=2022-04-08 |website=Automotive News Europe |language=en}}</ref> with [[Rimac Automobili]]'s [[Rimac Nevera|Nevera]] started being produced. The company also took over [[Bugatti Automobiles]] in November same year and started building its new HQ in [[Zagreb]], titled as the "Rimac Campus", that will serve as the company's international research and development (R&D) and production base for all future Rimac products, as well as home of R&D for future Bugatti models. The company also plans to build battery systems for different manufacturers from the automotive industry<ref>{{cite web |date=17 November 2021 |title=Bugatti Rimac $310 million Croatian headquarters under construction |url=https://www.carexpert.com.au/car-news/bugatti-rimac-310-million-croatian-headquarters-under-construction |access-date=2022-04-08 |website=CarExpert |language=en}}</ref><ref>{{cite news |title=Rimac breaks ground on new Croatian HQ, complete with a track |language=en-gb |website=Motor1.com |url=https://uk.motor1.com/news/548781/rimac-new-headquarters-track-croatia/ |access-date=2022-04-08}}</ref> This campus will also become the home of R&D for future Bugatti models due to the new joint venture, though these vehicles will be built at Bugatti's Molsheim plant in France. === 2022 === In late March 2022 [[Croatian Bureau of Statistics]] announced that Croatia's industrial output rose by 4% in February, thus growing for 15 months in a row.<ref name=":6">{{cite web |date=2 April 2022 |title=Industrial Workers Statistics in February Shows Rise m-o-m And Fall y-o-y |url=https://www.total-croatia-news.com/news/61701-industrial-workers-statistics-in-february-shows-rise-m-o-m-and-fall-y-o-y |url-status=dead |archive-url=https://web.archive.org/web/20220403232950/https://www.total-croatia-news.com/news/61701-industrial-workers-statistics-in-february-shows-rise-m-o-m-and-fall-y-o-y |archive-date=3 April 2022 |access-date=3 April 2022 |website=total-croatia-news.com |language=en-gb}}</ref><ref name=":7">{{cite web |date=31 March 2022 |title=Croatia's February Industrial Production Up 4% |url=https://www.total-croatia-news.com/business/61636-croatia-s-february-industrial-production-up-4 |url-status=dead |archive-url=https://web.archive.org/web/20220403232947/https://www.total-croatia-news.com/business/61636-croatia-s-february-industrial-production-up-4 |archive-date=3 April 2022 |access-date=3 April 2022 |website=total-croatia-news.com |language=en-gb}}</ref> Croatia continued to have strong growth during 2022 fuelled by tourism revenue<ref name=":8">{{Cite web |title=Croatia's tourism revenue expected to reach record high this year-Xinhua |url=https://english.news.cn/20220816/a4b656c23140487b91a770ae9845667c/c.html |access-date=2022-10-17 |website=english.news.cn}}</ref> and increased exports.<ref name=":9">{{Cite web |date=2022-09-28 |title=EBRD more than doubles forecast of Croatia's GDP growth |url=https://n1info.hr/english/news/ebrd-more-than-doubles-forecast-of-croatias-gdp-growth/ |access-date=2022-10-17 |website=N1 |language=hr}}</ref><ref name=":10">{{Cite web |last=PoslovniPuls |date=2022-10-11 |title=Podaci DZS-a: Izvoz raste impresivno, ali uvoz još više |url=https://poslovnipuls.com/2022/10/11/podaci-dzs-a-izvoz-raste-impresivno-ali-uvoz-jos-vise/ |access-date=2022-10-17 |website=PoslovniPuls |language=hr}}</ref> According to a preliminary estimate, Croatia's GDP in Q2 grew by 7.7% from the same period of 2021.<ref name=":11">{{Cite web |title=Government of the Republic of Croatia - Tourism figures indicate higher-than-forecast economic growth |url=https://vlada.gov.hr/news/tourism-figures-indicate-higher-than-forecast-economic-growth/35997 |access-date=2022-10-16 |website=vlada.gov.hr}}</ref> [[International Monetary Fund|The International Monetary Fund]] (IMF) projected in early September 2022 that Croatia's economy will expand by 5.9% in 2022, whilst [[European Bank for Reconstruction and Development|EBRD]] expects Croatian GDP growth to reach 6.5% by the end of 2022.<ref name=":12">{{Cite web |title=EBRD lifts Croatia's 2022 GDP fcast to 6.5%, cuts 2023 projection |url=http://seenews.com/news/ebrd-lifts-croatias-2022-gdp-fcast-to-65-cuts-2023-projection-799428 |access-date=2022-10-17 |website=seenews.com |date=28 September 2022 |language=en}}</ref> [[Pfizer]] announced launching a new production plant in [[Savski Marof]]<ref name=":13">{{Cite web |date=2022-06-10 |title=Jutarnji list - Pfizer u Hrvatskoj gradi tvornicu vrijednu 100 milijuna eura: Proizvodit će biološke lijekove za rijetke bolesti |url=https://novac.jutarnji.hr/novac/aktualno/pfizer-u-hrvatskoj-gradi-tvornicu-vrijednu-100-milijuna-eura-proizvodit-ce-bioloske-lijekove-za-rijetke-bolesti-15208935 |access-date=2022-10-17 |website=novac.jutarnji.hr |language=hr-hr}}</ref> whilst Croatian [[IT industry]] grew 3.3%<ref name=":14">{{Cite web |title=Croatia's IT sector boosts revenue 3.3% to 27.8 bln kuna (3.7 bln euro) in 2020 |url=http://seenews.com/news/croatias-it-sector-boosts-revenue-33-to-278-bln-kuna-37-bln-euro-in-2020-764929 |access-date=2022-10-17 |website=seenews.com |date=9 December 2021 |language=en}}</ref><ref name=":15">{{Cite web |last=Stojkovski |first=Bojan |date=2022-09-30 |title=The Top 10 IT Companies in Croatia in 2022 |url=https://therecursive.com/the-top-10-it-companies-in-croatia-in-2022/ |access-date=2022-10-17 |website=TheRecursive.com |language=en-GB}}</ref> confirming the trend that started with [[COVID-19 pandemic|Coronavirus pandemic]] where the Croatia's [[digital economy]] increased by 16 percent on average annually from 2019 to 2021. It is estimated that by 2030 its value could reach 15 percent of GDP, with the [[Information and communications technology|ICT]] sector being the main driver of that growth.<ref name=":16">{{Cite web |date=2022-09-14 |title=McKinsey: Croatia's digital economy might reach 15 pct of GDP by 2030 |url=https://n1info.hr/english/news/mckinsey-croatias-digital-economy-might-reach-15-pct-of-gdp-by-2030/ |access-date=2022-10-17 |website=N1 |language=hr}}</ref> In 2022, Croatian economy is expected to grow between 5.9 and 7.8% in real terms and it is expected to reach between $72 and $73.6 billion according to preliminary estimates by Croatian Government surpassing early estimates of 491 billion kuna or $68.5 billion. Croatian Purchasing Power Parity in 2022 for the first time should exceed $40 000, however considering Croatian economy experienced 6 years of deep recession, catching up will take several more years of high growth. Economic outlook for 2023 for Croatian economy are mixed, depends largely on how the big Eurozone economies perform, Croatia's largest trading partners; [[Italy]], [[Germany]], [[Austria]], [[Slovenia]] and [[France]] are expected to slow down, but avoid recession according to latest economic projections and estimates, so Croatian economy as a result could see better than expected results in 2023, early projections of between 1 and 2.6% economic growth in 2023 with inflation at 7% is a significant slow down for the country, however country is experiencing major internal and inward investment cycle unparalleled in recent history. EU recovery funds <ref>{{Cite web |title=Croatia's recovery and resilience plan |url=https://commission.europa.eu/business-economy-euro/economic-recovery/recovery-and-resilience-facility/croatias-recovery-and-resilience-plan_en |website=commission.europa.eu}}</ref> in tune of €8.7 billion coupled with large EU investments in recently earthquake affected areas of Croatia, as well as major investments by local business in to [[renewable]] energy sector, also EU supported and funded, as well as major investments in transport infrastructure and rapidly expanding Croatia's ICT sector, Croatian economy could see continuation of rapid growth in 2023. On 12 July 2022, the [[Eurogroup]] approved Croatia becoming the 20th member of the [[Eurozone]], with the formal introduction of the [[Euro]] currency to take place on 1 January 2023.<ref name="as">{{cite news |last= Hughes |first=Rebecca Ann |date=12 July 2022|title=As Croatia joins the euro, which 7 EU countries still use their own currency?|url=https://www.euronews.com/travel/2022/07/14/as-croatia-joins-the-euro-which-7-eu-countries-still-use-their-own-currency |work=[[Euronews]]|access-date=21 November 2022}}</ref><ref name="amazing">{{cite news |last=Blenkinsop|first=Philip |date=12 July 2022 |title='Amazing journey': EU accepts Croatia as 20th euro zone member |url=https://www.reuters.com/markets/europe/eu-formally-accepts-croatia-20th-euro-zone-member-2022-07-12/ |work=[[Reuters]] |access-date=21 November 2022}}</ref> Croatia joined the [[Schengen Area]] in 2023.<ref name=":17" /> By 2023, the minimum wage is ostensibly expected to rise to NET 700 [[Euro|EUR]],<ref name=":18">{{Cite web |last=Pajić |first=Darko |date=2022-09-16 |title=Minimalna plaća će porasti na 4000 kuna, sindikati traže više: "To je premalo, mora biti veća od 700 eura" |url=https://www.novilist.hr/novosti/minimalna-placa-ce-porasti-na-4000-kuna-sindikati-traze-vise-to-je-premalo-mora-biti-veca-od-700-eura/ |access-date=2022-10-17 |website=Novi list |language=en}}</ref><ref name=":19">{{Cite web |title=Plenković: Povećat ćemo minimalnu plaću, a EK smo poslali zahtjev za uplatu 700 mil. eura |url=https://www.vecernji.hr/vijesti/vlada-ce-danas-utvrditi-najvise-maloprodajne-cijene-naftnih-derivata-1618412 |access-date=2022-10-17 |website=vecernji.hr |language=hr}}</ref><ref name=":20">{{Cite web |title=Minimalna plaća mogla bi rasti na 4 tisuće kuna. Sindikati traže pet tisuća |url=https://www.nacional.hr/minimalna-placa-mogla-bi-rasti-na-4-tisuce-kuna-sindikati-traze-pet-tisuca/ |access-date=2022-10-17 |website=nacional.hr|date=16 September 2022 |language=hr}}</ref> increasing consumer spending.<ref name=":21" /> ==Sectors== In 2022, the sector with the highest number of companies registered in Croatia is Services with 110,085 companies followed by Retail Trade and Construction with 22,906 and 22,121 companies respectively.<ref>{{cite web | url=https://www.hithorizons.com/eu/analyses/country-statistics/croatia | title=Industry Breakdown of Companies in Croatia | website=HitHorizons}}</ref> ===Industry=== {{Main|Industry of Croatia}} <gallery mode="packed"> File:Uljanik ship launch (01).JPG|[[Uljanik]] shipyard File:Asfaltna baza Ivanovec.1.jpg|Asphalt plant in [[Ivanovec]] File:Sisak oil refinery2.JPG|[[Sisak]] oil refinery File:Zadar2006.2.JPG|[[Maraska (factory)|Maraska]] [[liqueur]] factory in [[Zadar]] </gallery> ===Tourism=== {{Main|Tourism in Croatia}} <gallery mode="packed"> File:Costa Serena u Dubrovniku.jpg|Cruise ship in [[Dubrovnik]]. File:Kopački rit wooden trail.JPG|[[Kopački Rit]] [[Nature park]]. File:St. Mark's Church, Zagreb (16054174011).jpg|[[St. Mark's Church, Zagreb|St. Mark's Church]] in [[Zagreb]]. File:Varaždin - stari grad.jpg|[[Varaždin]] Old Town. File:Golden Cape.jpg|[[Zlatni Rat|Zlatni Rat beach]] on the island of [[Brač]]. </gallery> Tourism is a notable source of income during the summer and a major industry in Croatia. In 2019, it dominates the Croatian service sector and accounts for up to 11.8% of Croatian GDP.<ref name="unwto.org">{{cite web | url=https://www.unwto.org/tourism-data/global-and-regional-tourism-performance | title=Global and regional tourism performance }}</ref> In 2023, 15.8 million international tourists visited Croatia.<ref name="unwto.org"/> Annual tourist industry income for 2011 was estimated at €6.61 billion. Its positive effects are felt throughout the economy of Croatia in terms of increased business volume observed in retail business, processing industry orders and summer seasonal employment. The industry is considered an export business, because it significantly reduces the country's external trade imbalance.<ref>{{cite news|newspaper=Vjesnik|url=http://www.vjesnik.hr/Article.aspx?ID=D37B6CB1-C728-44FE-94C7-8C80B4EA582F|archive-date=5 October 2022|url-status=dead|archive-url=https://web.archive.org/web/20221005203957/http://www.vjesnik.hr/Article.aspx?ID=D37B6CB1-C728-44FE-94C7-8C80B4EA582F|language=hr|title=Iako čini gotovo petinu BDP-a, i dalje niskoprofitabilna grana domaće privrede|trans-title=Even though it comprises nearly a fifth of the GDP, it is still a low-profit branch of the national economy|first1=Tomislav|last1=Pili|first2=Davor|last2=Verković|date=1 October 2011|access-date=20 October 2011}}</ref> Since the conclusion of the Croatian War of Independence, the tourist industry has grown rapidly, recording a fourfold rise in tourist numbers, with more than 10 million tourists each year. The most numerous are tourists from Germany, Slovenia, Austria and the [[Czech Republic]] as well as Croatia itself. Length of a tourist stay in Croatia averages 4.9 days.<ref>{{cite news|publisher=[[T-Hrvatski Telekom]]|work=t-portal.hr|language=hr|url=http://www.tportal.hr/biznis/gospodarstvo/148403/Turisticki-prihod-porast-ce-prvi-put-nakon-2008.html|date=14 September 2011|title=Turistički prihod porast će prvi put nakon 2008.|trans-title=Tourist income to rise for the first time since 2008|access-date=21 October 2011}}</ref> The bulk of the tourist industry is concentrated along the Adriatic Sea coast. [[Opatija]] was the first holiday resort since the middle of the 19th century. By the 1890s, it became one of the most significant European health resorts.<ref>{{cite web|publisher=Opatija Tourist Board|url=http://www.opatija-tourism.hr/en/Home.aspx?PageID=5|title=History of Opatija|access-date=21 October 2011|url-status=dead|archive-url=https://web.archive.org/web/20120429102936/http://www.opatija-tourism.hr/en/Home.aspx?PageID=5|archive-date=29 April 2012}}</ref> Later a large number of resorts sprang up along the coast and numerous islands, offering services ranging from [[mass tourism]] to catering and various niche markets, the most significant being [[nautical tourism]], as there are numerous marinas with more than 16 thousand berths, [[cultural tourism]] relying on appeal of medieval coastal cities and numerous cultural events taking place during the summer. Inland areas offer mountain resorts, [[agrotourism]] and [[spa]]s. Zagreb is also a significant tourist destination, rivalling major coastal cities and resorts.<ref>{{cite web|publisher=[[Croatian National Tourist Board]]|url=http://croatia.hr/en-GB/Activities-and-attractions|title=Activities and attractions|access-date=21 October 2011|archive-date=3 April 2016|archive-url=https://web.archive.org/web/20160403135239/http://croatia.hr/en-GB/Activities-and-attractions|url-status=dead}}</ref> Croatia has unpolluted marine areas reflected through numerous nature reserves and 99 [[Blue Flag beach]]es and 28 Blue Flag marinas.<ref>{{cite web |title=OUR NUMBERS - ALL BLUE FLAG AWARDED SITES PER COUNTRY 2021 |url=https://www.blueflag.global/all-bf-sites |access-date=4 April 2022 |website=Blue Flag |publisher=[[Foundation for Environmental Education]]}}</ref> Croatia is ranked as the 18th most popular tourist destination in the world.<ref name="UNWTO">{{cite web|url=http://www.unwto.org/facts/eng/pdf/barometer/UNWTO_Barom07_3_en.pdf|title=UNWTO World Tourism Barometer|date=October 2007|access-date=23 April 2008|url-status=dead |archive-url=https://web.archive.org/web/20130910050655/http://www.unwto.org/facts/eng/pdf/barometer/UNWTO_Barom07_3_en.pdf|archive-date=10 September 2013}}</ref> About 15% of these visitors (over one million per year) are involved with [[naturism]], an industry for which Croatia is world-famous. It was also the first European country to develop commercial naturist resorts.<ref>{{cite web |url=http://www.euro-poi.com/croatian-highlights-croatia-278.html |title=Croatian highlights, Croatia |publisher=Euro-poi.com |access-date=26 March 2013 |url-status=usurped |archive-url=https://web.archive.org/web/20130224034343/http://www.euro-poi.com/croatian-highlights-croatia-278.html |archive-date=24 February 2013 }}</ref> ===Agriculture=== <gallery mode="packed"> File:Boškarin.JPG|Boškarin cattle. File:Fields near Metkovic 4.jpg|Plantations in the fertile [[Neretva]] valley. File:Vineyards of Istria (Croatia).jpg|Vineyards of [[Istria]]. File:CUJZEK - Centar za uzgoj i zaštitu međimurskog konja - kobila u hodu.JPG|[[CUJZEK Stud|Horse breeding]] </gallery> Croatian agricultural sector subsists from exports of [[Blue water|blue water fish]], which in recent years experienced a tremendous surge in demand, mainly from Japan and [[South Korea]]. Croatia is a notable producer of [[organic food]]s and much of it is exported to the European Union. [[Croatian wine]]s, [[olive oil]] and [[lavender]] are particularly sought after. Value of Croatia's agriculture sector is around 3.1 billion according to preliminary data released by the national statistics office.<ref>{{cite web |url=https://poljoprivreda.gov.hr/UserDocsImages/dokumenti/poljoprivredna_politika/zeleno_izvjesce/2021_12_15%20Zeleno%20izvje%C5%A1%C4%87e%202020_final.pdf|title=poljoprivredna|year=2021|publisher=Ministarstvo poljoprivrede|language=hr|access-date=2023-02-18}}</ref> Croatia has around 1.72 million hectares of agricultural land, however totally utilized land for agricultural in 2020 was around 1.506 million hectares, of these permanent pasture land constituted 536 000 hectares or some 35.5% of total land available to agriculture. Croatia imports significant quantity of fruits and olive oil, despite having large domestic production of the same. In terms of livestock Croatian agriculture had some 15.2 million poultry, 453 000 Cattle, 802 000 Sheep, 1.157 000 Pork/Pigs,88 000 Goats. Croatia also produced 67 000 tons of blue fish, some 9000 of these are Tuna fish, which are farmed and exported to Japan, South Korea and United States.<ref>{{cite web |url=http://www.popispoljoprivrede.hr/docs/Prezentacija%20u%20povodu%20objave%20konacnih%20podataka%20Popisa%20poljoprivrede%202020.pdf|title=Popis poljoprivrede 2020|year=2020|publisher=Ministarstvo poljoprivrede|language=hr|access-date=2023-02-18}}</ref> Croatia produced in 2022:<ref>{{Cite web |last1=Predrag |first1=Cvjetićanin |last2=Kanižaj |first2=Željko |date=31 January 2023 |title=Površina i proizvodnja žitarica i ostalih usjeva u 2022. |trans-title=Area and production of cereals and other crops in 2022 |url=https://podaci.dzs.hr/2022/hr/29384 |access-date=5 February 2023 |website=DZS |language=hr |publication-place=Zagreb |issn=1334-0557}}</ref> * 1.66 million tons of [[maize]]; * 970 thousand tons of [[wheat]]; * 524 thousand tons of [[sugar beet]] (the beet is used to manufacture [[sugar]] and [[ethanol]]); * 319 thousand tons of [[barley]]; * 196 thousand tons of [[soybean]]; * 154 thousand tons of [[sunflower seed]]; * 146 thousand tons of [[grape]]; * 107 thousand tons of [[potato]]; * 59 thousand tons of [[rapeseed]]; In addition to smaller productions of other agricultural products, like [[apple]] (93 thousand tons), [[triticale]] (62 thousand tons) and [[olive]] (34 thousand tons).<ref>{{cite web| url = http://www.fao.org/faostat/en/#data/QC/| title = Croatia production in 2018, by FAO}}</ref> === Transport === {{Main|Transport in Croatia}} [[File:Autocesta Zagreb-Split kod Jezerana (Croatia).JPG|right|thumb|The country's longest motorway, [[A1 (Croatia)|A1]], in 2010]] The highlight of Croatia's recent infrastructure developments is its rapidly developed [[Motorways in Croatia|motorway network]], largely built in the late 1990s and especially in the 2000s. By January 2022, Croatia had completed more than {{convert|1300|km|abbr=off}} of motorways, connecting Zagreb to most other regions and following various [[International E-road network|European routes]] and four [[Pan-European corridors]].<ref name="Helsinki-1997">{{cite journal|publisher=[[University of Rijeka]], Faculty of Maritime Studies|url =http://hrcak.srce.hr/file/6570|title=The integration of the Republic of Croatia into the Pan-European transport corridor network|author=Tanja Poletan Jugović|journal=Pomorstvo |volume=20|issue=1|pages=49–65|date=11 April 2006|access-date=14 October 2010}}</ref><ref name="HUKA_2019b">{{cite web |date=August 2021 |title=Ključne brojke 2020 |trans-title=Key figures 2020 |url=https://www.huka.hr/files/docs/HUKA_NACIONALNO_IZVJESCE_O_AUTOCESTAMA_2020_HR_V1.pdf |archive-url=https://web.archive.org/web/20211104003732/https://www.huka.hr/files/docs/HUKA_NACIONALNO_IZVJESCE_O_AUTOCESTAMA_2020_HR_V1.pdf |archive-date=2021-11-04 |url-status=live |language=hr, en |publisher=HUKA |issn=1848-0233 |access-date=3 November 2021}}</ref> The busiest motorways are the [[A1 (Croatia)|A1]], connecting Zagreb to Split and the [[A3 (Croatia)|A3]], passing east–west through northwest Croatia and Slavonia.<ref name="HC-promet">{{cite web|publisher=[[Hrvatske ceste]] |url=http://www.hrvatske-ceste.hr/WEB%20-%20Legislativa/brojenje-prometa/CroDig2009.pdf |title=Traffic counting on the roadways of Croatia in 2009 – digest |access-date=1 May 2010 |url-status=dead |archive-url=https://web.archive.org/web/20110721100545/http://www.hrvatske-ceste.hr/WEB%20-%20Legislativa/brojenje-prometa/CroDig2009.pdf |archive-date=21 July 2011 }}</ref> A widespread network of [[state roads in Croatia]] acts as motorway [[Feeder line (network)|feeder roads]] while connecting all major settlements in the country. The high quality and safety levels of the Croatian motorway network were tested and confirmed by several EuroTAP and EuroTest programs.<ref>{{cite web|url=http://www.eurotestmobility.com/news.php?item=25&PHPSESSID=a7d9b4decd981bb3cdc3494656b0104d|title=EuroTest|publisher=Eurotestmobility.com|access-date=3 January 2009|url-status=usurped|archive-url=https://web.archive.org/web/20110430010646/http://www.eurotestmobility.com/news.php?item=25&PHPSESSID=a7d9b4decd981bb3cdc3494656b0104d|archive-date=30 April 2011}}</ref><ref>{{cite web|url=http://www.javno.com/en/croatia/clanak.php?id=38990|title=Brinje Tunnel Best European Tunnel|publisher=Javno.com|access-date=3 January 2009|url-status=dead|archive-url=https://web.archive.org/web/20090115220041/http://www.javno.com/en/croatia/clanak.php?id=38990|archive-date=15 January 2009}}</ref> Croatia has an [[List of railway lines in Croatia|extensive rail network]] spanning {{convert|2722|km|abbr=off}}, including {{convert|985|km|abbr=off}} of electrified railways and {{convert|254|km|abbr=off}} of double track railways. The most significant railways in Croatia are found within the [[European route E73|Pan-European transport corridor Vb]] and [[Pan-European Corridor X|corridor X]] connecting Rijeka to Budapest and Ljubljana to Belgrade, both via Zagreb.<ref name="Helsinki-1997" /> All rail services are operated by Croatian Railways.<ref>{{cite news|newspaper=Vjesnik|title=Skuplje korištenje pruga uništava HŽ|trans-title=More Expensive Railway Fees Ruin Croatian Railways|language=hr|date=10 May 2011|first=Tomislav|last=Pili|url=http://www.vjesnik.hr/Article.aspx?ID=B93764C8-6505-4A87-BDDF-B22148331E6E|archive-date=26 May 2024|url-status=dead|archive-url=https://archive.today/20240526010235/https://www.webcitation.org/68PYpf0Jp?url=http://www.vjesnik.hr/Article.aspx%3FID=B93764C8-6505-4A87-BDDF-B22148331E6E|access-date=26 October 2011}}</ref> There are international airports in [[Zagreb Airport|Zagreb]], [[Zadar Airport|Zadar]], [[Split Airport|Split]], [[Dubrovnik Airport|Dubrovnik]], [[Rijeka Airport|Rijeka]], [[Osijek Airport|Osijek]] and [[Pula Airport|Pula]].<ref name="MMPI-Airports">{{cite web|publisher=[[Ministry of the Sea, Transport and Infrastructure (Croatia)]]|url=http://www.mppi.hr/default.aspx?id=675|title=Air transport|access-date=10 October 2011|archive-date=3 July 2016|archive-url=https://web.archive.org/web/20160703104330/http://www.mppi.hr/default.aspx?id=675|url-status=dead}}</ref> As of January 2011, Croatia complies with [[International Civil Aviation Organization]] aviation safety standards and the [[Federal Aviation Administration]] upgraded it to Category 1 rating.<ref>{{cite web|url=http://www.faa.gov/news/press_releases/news_story.cfm?newsId=12337|title=FAA Raises Safety Rating for Croatia|publisher=[[Federal Aviation Administration]]|date=26 January 2011|access-date=27 January 2011|archive-url=https://web.archive.org/web/20130626094211/http://www.faa.gov/news/press_releases/news_story.cfm?newsId=12337|archive-date=26 June 2013|url-status=dead}}</ref> The busiest cargo [[seaport]] in Croatia is the [[Port of Rijeka]] and the busiest passenger ports are [[Port of Split|Split]] and Zadar.<ref name="WB-Rijeka">{{cite web|publisher=World Bank|language=hr|title=Riječka luka –jadranski "prolaz" prema Europi|trans-title=The Port of Rijeka – Adriatic "gateway" to Europe|date=3 March 2006|access-date=13 October 2011|url=http://go.worldbank.org/V9N60RX7L0|archive-url=http://webarchive.loc.gov/all/20120805200119/http://go.worldbank.org/V9N60RX7L0|url-status=dead|archive-date=5 August 2012}}</ref><ref name="MMPI-RL-plan">{{cite web|publisher=Ministry of the Sea, Transport and Infrastructure (Croatia)|url=http://www.mppi.hr/default.aspx?id=480|title=Luke|trans-title=Ports|language=hr|access-date=24 August 2011|archive-date=16 December 2012|archive-url=https://web.archive.org/web/20121216063733/http://www.mppi.hr/default.aspx?id=480|url-status=dead}}</ref> In addition to those, a large number of minor ports serve an extensive system of ferries connecting numerous islands and coastal cities in addition to ferry lines to several cities in Italy.<ref name="AOLPP-Rijeka">{{cite web|publisher=Agencija za obalni linijski pomorski promet|url=http://www.agencija-zolpp.hr/Brodskelinije/tabid/1267/Default.aspx|language=hr|title=Plovidbeni red za 2011. godinu|trans-title=Sailing Schedule for Year 2011|access-date=27 August 2011|url-status=dead|archive-url=https://web.archive.org/web/20110715203314/http://www.agencija-zolpp.hr/Brodskelinije/tabid/1267/Default.aspx|archive-date=15 July 2011}}</ref> The largest river port is Vukovar, located on the Danube, representing the nation's outlet to the [[Pan-European Corridor VII|Pan-European corridor VII]].<ref name="Helsinki-1997" /><ref name="MMPI-River-Navigation">{{cite web|publisher=Ministry of the Sea, Transport and Infrastructure (Croatia)|url=http://www.mppi.hr/default.aspx?id=890|title=Plovni putovi|trans-title=Navigable routes|language=hr|access-date=10 September 2011|archive-date=16 December 2012|archive-url=https://web.archive.org/web/20121216060844/http://www.mppi.hr/default.aspx?id=890|url-status=dead}}</ref> ===Energy=== {{Main|Energy in Croatia}} [[File:Urinj 251208.jpg|right|thumb|An oil refinery near [[Rijeka]], 2012]] [[File:Hidrocentrala Dubrava - zgrada.jpg|right|thumb|A hydroelectric power plant in [[Međimurje]], 2014]] There are {{convert|631|km|abbr=off}} of crude oil pipelines in Croatia, connecting the [[Adria oil pipeline|JANAF]] oil terminal with refineries in Rijeka and Sisak, as well as several transhipment terminals. The system has a capacity of 20 million tonnes per year.<ref name="JANAF-system">{{cite web |title=The JANAF system |url=http://www.janaf.hr/index.php?option=sustav&lang=en |access-date=5 January 2023 |website=JANAF |publisher=[[Jadranski naftovod]]}}</ref> The natural gas transportation system comprises {{convert|2544|km|abbr=off}} of trunk and regional natural gas pipelines, and more than 300 associated structures, connecting production rigs, the Okoli natural gas storage facility, 27 end-users and 37 distribution systems.<ref name="Plinacro-system">{{cite web |title=Transportni sustav |trans-title=Transport system |url=http://www.plinacro.hr/default.aspx?id=264 |access-date=5 January 2023 |website=Plinacro |language=hr}}</ref> Croatian production of energy sources covers 29% of nationwide natural gas demand and 26% of oil demand. In 2023, net total electrical power production in Croatia reached 16,378 GWh and Croatia imported 26% of its electric power energy needs. The bulk of Croatian imports are supplied by the [[Krško Nuclear Power Plant]] in Slovenia, 50% owned by [[Hrvatska elektroprivreda]], providing 12% of Croatia's electricity.<ref name=":22" /> '''Electricity:'''<ref name=":5" /> * Production: 13,696 GWh (2022) * Consumption: 18,391 GWh (2022) * Exports: 7,225 GWh (2022) * Imports: 11,920 GWh (2022) '''Electricity – production by source:'''<ref name=":22">{{Cite web |title=Izvori energije |trans-title=Energy sources |url=https://www.hep.hr/opskrba/trziste-elektricne-energije/trziste/izvori-energije/1385 |access-date=28 January 2024 |website=HEP Opskrba |language=hr}}</ref> * Hydro: 34% (2023) * Thermal: 21% (2023) * Nuclear: 12% (2023) * Renewable: 7% (2023) * Imports: 26% (2023) '''Crude Oil:'''<ref>{{Cite journal |date=15 December 2023 |title=Energetska statistika u 2022. |trans-title=Energy statistics, 2022 |url=https://podaci.dzs.hr/media/2ngi45d0/si-1717_energetska-statistika-u-2022.pdf |journal=Statistička izvješća |language=hr |location=Zagreb |publisher=Croatian Bureau of Statistics |page=15 |issn=1334-5834}}</ref> * Production: 594 thousand tons (2022) * Consumption: 2.306 million tons (2022) * Exports: 202 thousand tons (2022) * Imports: 1,979 million tons (2022) * Proved Reserves: {{convert|3508900|m3|oilbbl}} (2022)<ref name=":23">{{Cite web |title=Energija u Hrvatskoj 2022 |url=https://eihp.hr/wp-content/uploads/2024/01/Energija-u-HR-22_WEB-novo.pdf |access-date=23 February 2024 |website=Energetski institut Hrvoje Požar |publisher=Ministry of Economy and Sustainable Development, Republic of Croatia |language=hr, en |issn=1848-1787}}</ref> '''Natural Gas:'''<ref name=":5">{{Cite journal |date=15 December 2023 |title=Energetska statistika u 2022. |trans-title=Energy statistics, 2022 |url=https://podaci.dzs.hr/media/2ngi45d0/si-1717_energetska-statistika-u-2022.pdf |journal=Statistička izvješća |language=hr |location=Zagreb |publisher=Croatian Bureau of Statistics |page=17 |issn=1334-5834}}</ref> * Production: 745 million m<sup>3</sup> (2022) * Consumption: 2,529 billion m<sup>3</sup> (2022) * Exports: 1,063 million m<sup>3</sup> (2022) * Imports: 3,022 billion m<sup>3</sup> (2022) * Proved Reserves: 15.592,4 million m<sup>3</sup> (2022)<ref name=":23" /> ==Banking== [[File:Banco Nacional, Zagreb, Croacia, 2014-04-20, DD 01.JPG|right|thumb|Croatian National Bank Building in [[Zagreb]], 2014|273x273px]] === Central bank === The country's monetary policy is formulated and implemented by its national bank. * [[Croatian National Bank]] === Retail banks === {{Further|List of banks in Croatia}} * [[Zagrebačka banka]] (owned by [[UniCredit]] from Italy) * [[Privredna banka Zagreb]] (owned by [[Intesa Sanpaolo]] from Italy) * [[Hrvatska poštanska banka]] * [[OTP banka d.d.|OTP Banka]] (owned by [[OTP Bank]] from Hungary) * [[Raiffeisen Bank Austria]] (owned by [[Raiffeisen Zentralbank|Raiffeisen]] from Austria) * [[Erste & Steiermärkische Bank]] (former Riječka banka, owned by [[Erste Bank]] from Austria) ==Central budget== [[File:General government debt of Croatia.png|right|thumb|General government gross debt of Croatia from 2000 to 2016]]The central budget is set by the [[Government of Croatia]] to cover their upcoming [[fiscal year]], which runs from 1 January to 31 December. For 2024, they reported €28.52 billion in revenue with €32.61 billion in expenditure, running a €4.09 billion [[Deficit spending|budget deficit]].<ref name=":4">{{cite web |date=14 December 2023 |title=Državni proračun Republike Hrvatske za 2024. godinu i projekcije za 2025. i 2026. godinu |trans-title=State Budget of the Republic of Croatia for 2024 and projections for 2025 and 2026 |url=https://narodne-novine.nn.hr/clanci/sluzbeni/2023_12_149_2149.html |access-date=15 January 2024 |website=Narodne novine |language=hr}}</ref> The breakdown of Croatia's budget for 2023, by ministry (department), is shown below.<ref name=":4" /> * [[Ministry of Labour and Pension System, Family and Social Policy|Labor and Pension System, Family and Social Policy]] – €10.59 billion * [[Ministry of Finance (Croatia)|Finance]] – €7.15 billion * [[Ministry of Health (Croatia)|Health]] – €4.29 billion * [[Ministry of Science and Education (Croatia)|Science and Education]] – €3.84 billion * [[Ministry of Economy and Sustainable Development (Croatia)|Economy and Sustainable Development]] – €2.19 billion * [[Ministry of Maritime Affairs, Transport and Infrastructure|Maritime Affairs, Transport and Infrastructure]] – €1.56 billion * [[Ministry of Agriculture (Croatia)|Agriculture]] – €1.22 billion * [[Ministry of the Interior (Croatia)|Interior]] – €1.18 billion * [[Ministry of Defence (Croatia)|Defence]] – €1.17 billion * [[Ministry of Construction, Spatial Planning and State Property|Physical Planning, Construction and State Property]] – €0.74 billion * [[Ministry of Justice and Public Administration (Croatia)|Justice and Public Administration]] – €0.68 billion * [[Ministry of Culture and Media (Croatia)|Culture and Media]] – €0.54 billion * [[Ministry of Regional Development and EU Funds (Croatia)|Regional Development and EU funds]] – €0.42 billion * [[Ministry of Tourism and Sports (Croatia)|Tourism and Sport]] – €0.28 billion * [[Ministry of Croatian Veterans|Veterans' Affairs]] – €0.17 billion * [[Ministry of Foreign and European Affairs (Croatia)|Foreign and European Affairs]] – €0.15 billion ==Stock exchanges== * [[Zagreb Stock Exchange]] ==Economic indicators== The following table shows the main economic indicators for the period 2000–2024 according to the [[Croatian Bureau of Statistics]].<ref name="dzs_dbp_2000-2022">{{cite web |title=Godišnji Bruto Domaći Proizvod Za Razdoblje 1995. – 2022.|trans-title=BDP Croatia 2000–2022 |url=https://podaci.dzs.hr/2023/hr/58253 |website=Državni zavod za statistiku|publisher=Croatian Bureau of Statistics |access-date=2 March 2024|language=hr}}</ref><ref name="dzs_bdp_2023">{{cite web |title=BRUTO DOMAĆI PROIZVOD OD 2015. DO 2023. |trans-title=BDP from 2015 until 2023 |url=https://podaci.dzs.hr/2024/hr/77031 |website=Državni zavod za statistiku |publisher=Croatian Bureau of Statistics|access-date=4 November 2024|language=hr}}</ref><ref name="dzs_bdp_2024">{{cite web |title=PRVA PROCJENA TROMJESEČNOG BRUTO DOMAĆEG PROIZVODA ZA ČETVRTO TROMJESEČJE 2024. |trans-title=First estimate of the fourth three-month period GBP for 2024 |url=https://podaci.dzs.hr/2024/hr/77027 |website=Državni zavod za statistiku |publisher=Croatian Bureau of Statistics|access-date=2 March 2025|language=hr}}</ref> The [[Purchasing Power Parity]] (PPP) conversion factors are based on IMF estimates.<ref name="imf_ppp">{{cite web |title=GDP based on PPP, share of world |url=https://www.imf.org/external/datamapper/PPPSH@WEO/OEMDC/ADVEC/WEOWORLD |website=OECD |publisher=International Monetary Fund |access-date=2 March 2025 |language=en}}</ref> Croatian government debt values are published by the [[Croatian National Bank]].<ref name="hnb_debt_2023">{{cite web |title=Dug opće države |trans-title=Government Debt |url=https://www.hnb.hr/statistika/statisticki-podaci/opca-drzava/dug-opce-drzave |website=Hrvatska Narodna Banka |publisher=Croatian National Bank |access-date=2 March 2024 |language=hr}}</ref> Indicators for 2024-2027 are provided by the [[International Monetary Fund|IMF]], specifically the World Economic Outlook (April 2024).<ref>{{Cite web |title=Report for Selected Countries and Subjects |url=https://www.imf.org/en/Publications/WEO/weo-database/2024/April/weo-report?c=960,&s=NGDP,NGDPD,PPPGDP,NGDPPC,NGDPDPC,PPPPC,PPPEX,PCPIPCH,LUR,LP,GGXWDN_NGDP,GGXWDG_NGDP,&sy=2022&ey=2029&ssm=0&scsm=1&scc=0&ssd=1&ssc=0&sic=0&sort=country&ds=.&br=1 |access-date=2024-04-18 |website=IMF |language=en}}</ref> {| class="wikitable sortable" style="text-align: center;" |- !Year !Population <small>(Mil.)</small> !GDP <small>(in Bil. EUR nominal)</small> !GDP <small>(Bil. USD nominal)</small> !GDP per capita <small>(nominal. EUR)</small> !GDP per capita <small>(nominal, USD)</small> !GDP <small>(Bil., USD PPP)</small> !GDP per capita <small>(PPP, USD)</small> !Exchange Rate <small>(USD/EUR)</small> !PPP <small>(National currency units/USD)</small> !Inflation <small>(%)</small> !GDP growth <small>(real %)</small> !Government debt <small>(% GDP)</small> |- | 2000 |4.426 |24.0 |21.8 |5,351 |4,929 |47.7 |10,786 |0.9236 |0.503 |4.6 |{{Increase}}2.9 |35.4 |- | 2001 |4.300 |25.8 |23.3 |6,044 |5,414 |50.1 |11,655 |0.8956 |0.514 |3.8 |{{Increase}}3.0 |36.6 |- | 2002 |4.302 |28.3 |27.1 |6,688 |6,293 |56.0 |12,771 |0.9456 |0.505 |1.7 |{{Increase}}5.7 |36.5 |- | 2003 |4.303 |31.2 |35.0 |7,206 |8,130 |58.9 |13,682 |1.1312 |0.529 |1.8 |{{Increase}}5.5 |37.9 |- | 2004 |4.305 |33.6 |42.0 |7,847 |9,752 |63.2 |14,675 |1.2439 |0.532 |2.1 |{{Increase}}4.1 |40.0 |- | 2005 |4.310 |36.2 |45.8 |8,539 |10,620 |66.7 |15,439 |1.2441 |0.543 |3.3 |{{Increase}}4.3 |40.9 |- | 2006 |4.311 |39.4 |50.9 |9,405 |11,795 |75.9 |17,596 |1.2556 |0.520 |3.2 |{{Increase}}4.9 |38.5 |- | 2007 |4.310 |43.2 |60.6 |10,272 |14,043 |84.2 |19,491 |1.3705 |0.513 |2.9 |{{Increase}}4.9 |37.2 |- | 2008 |4.310 |46.5 |71.0 |11,216 |16,419 |90.4 |20,924 |1.4708 |0.514 |6.1 |{{Increase}}1.9 |39.1 |- | 2009 |4.305 |44.4 |63.4 |10,549 |14,663 |87.1 |20,147 |1.3948 |0.510 |2.4 | {{Decrease}}-7.3 |48.4 |- | 2010 |4.295 |44.3 |60.7 |10,615 |14,062 |86.1 |19,965 |1.3257 |0.514 |1.1 | {{Decrease}}-1.3 |57.3 |- | 2011 |4.281 |45.0 |63.4 |10,608 |14,758 |90.3 |21,013 |1.3920 |0.498 |2.3 | {{Decrease}}-0.1 |63.7 |- | 2012 |4.268 |44.5 |57.4 |10,430 |13,400 |91.7 |21,398 |1.2848 |0.486 |3.4 | {{Decrease}}-2.3 |69.4 |- | 2013 |4.256 |44.7 |59.0 |10,423 |13,869 |94.3 |22,135 |1.3281 |0.474 |2.2 | {{Decrease}}-0.4 |80.3 |- | 2014 |4.238 |44.6 |58.4 |10,386 |13,783 |94.8 |22,366 |1.3285 |0.470 | -0.2 | {{Decrease}}-0.4 |83.9 |- | 2015 |4.204 |45.7 |50.7 |10,755 |11,944 |98.1 |23,339 |1.1095 |0.466 | -0.5 |{{Increase}}2.5 |83.3 |- | 2016 |4.174 |47.3 |52.4 |11,324 |12,557 |105.4 |25,262 |1.1069 |0.449 | -1.1 |{{Increase}}3.6 |79.8 |- | 2017 |4.125 |49.5 |55.9 |12,101 |13,657 |112.3 |27,201 |1.1297 |0.441 |1.1 |{{Increase}}3.4 |76.7 |- | 2018 |4.088 |51.9 |61.3 |12,896 |15,245 |118.3 |28,909 |1.1810 |0.439 |1.5 |{{Increase}}2.8 |73.3 |- | 2019 |4.065 |54.8 |61.3 |13,678 |15,333 |130.4 |30,585 |1.1195 |0.420 |0.8 |{{Increase}}3.4 |71.1 |- | 2020 |4.048 |50.5 |57.6 |12,408 |14,205 |123.1 |28,911 |1.1422 |0.410 |0.1 | {{Decrease}}-8.6 |87.3 |- | 2021 |3.879 |58.2 |68.8 |15,006 |17,747 |143.0 |34,533 |1.1827 |0.407 |2.6 |{{Increase}}13.1 |78.3 |- | 2022 |3.857 |68.0 |71.5 |17,637 |18,544 |155.9 |40,573 |1.0530 |0.418 |10.8 |{{Increase}}6.3 |70.4 |- |2023 |3.856 |78.0 |84.4 |20,239 |21,878 |186.7 |48,586 |1.0824 |0.418 |8.3 |{{Increase}}3.3 |83.9 |- |2024 |3.866 |85.5 |92.5 |22,111 |23,933 |190.0 |49,137 |1.0824 |0.45 |3.0 |{{Increase}}3.8 | rowspan="4" | - |- |2025f |3.829 |86.0 |92.3 |22,462 |24,111 |183.2 |47,860 |1.0734 |0.469 |2.2 |{{Increase}}2.7 |- |2026f |3.822 |90.5 |97.1 |23,680 |25,391 |191.8 |50,180 |1.0722 |0.472 |2.2 |{{Increase}}2.7 |- |2027f |3.816 |94.9 |101.6 |24,877 |26,633 |200.5 |52,563 |1.0705 |0.473 |2.2 |{{Increase}}2.6 |} ==Economic output== {{Main|List of Croatian counties by GDP}} {| class="wikitable sortable" style="margin: 1em auto 1em auto;" |- ! colspan=20|[[Counties of Croatia]] by GDP, in million [[Euro]] |- ! data-sort-type="text" | County ! data-sort-type="number" | 2000 ! data-sort-type="number" | 2001 ! data-sort-type="number" | 2002 ! data-sort-type="number" | 2003 ! data-sort-type="number" | 2004 ! data-sort-type="number" | 2005 ! data-sort-type="number" | 2006 ! data-sort-type="number" | 2007 ! data-sort-type="number" | 2008 ! data-sort-type="number" | 2009 ! data-sort-type="number" | 2010 ! data-sort-type="number" | 2011 ! data-sort-type="number" | 2012 ! data-sort-type="number" | 2013 ! data-sort-type="number" | 2014 ! data-sort-type="number" | 2015 ! data-sort-type="number" | 2016 ! data-sort-type="number" | 2017 ! data-sort-type="number" | 2018 |- | style="text-align:left;"|[[File:Zastava bjelovarsko bilogorske zupanije.gif|border|23px]] [[Bjelovar-Bilogora County|Bjelovar-Bilogora]] |align=right|520 |align=right|569 |align=right|639 |align=right|645 |align=right|688 |align=right|698 |align=right|800 |align=right|804 |align=right|953 |align=right|917 |align=right|834 |align=right|823 |align=right|786 |align=right|790 |align=right|789 |align=right|809 |align=right|855 |align=right|874 |align=right|925 |- | style="text-align:left;"|[[File:Flag of Brod-Posavina County.svg|border|23px]] [[Brod-Posavina County|Brod-Posavina]] |align=right|564 |align=right|628 |align=right|687 |align=right|713 |align=right|779 |align=right|771 |align=right|849 |align=right|918 |align=right|1,032 |align=right|952 |align=right|914 |align=right|917 |align=right|895 |align=right|888 |align=right|853 |align=right|879 |align=right|917 |align=right|969 |align=right|1,016 |- | style="text-align:left;"|[[File:Flag of Dubrovnik-Neretva County.png|border|23px]] [[Dubrovnik-Neretva County|Dubrovnik-Neretva]] |align=right|573 |align=right|630 |align=right|676 |align=right|754 |align=right|883 |align=right|977 |align=right|1,083 |align=right|1,292 |align=right|1,340 |align=right|1,267 |align=right|1,248 |align=right|1,208 |align=right|1,202 |align=right|1,234 |align=right|1,260 |align=right|1,313 |align=right|1,403 |align=right|1,532 |align=right|1,587 |- | style="text-align:left;"|[[File:Zastava Istarske županije.svg|border|23px]] [[Istria County|Istria]] |align=right|1,420 |align=right|1,614 |align=right|1,814 |align=right|1,980 |align=right|2,182 |align=right|2,291 |align=right|2,482 |align=right|2,729 |align=right|2,842 |align=right|2,768 |align=right|2,773 |align=right|2,762 |align=right|2,635 |align=right|2,631 |align=right|2,666 |align=right|2,747 |align=right|2,947 |align=right|3,106 |align=right|3,162 |- | style="text-align:left;"|[[File:Flag of Karlovac county.svg|border|23px]] [[Karlovac County|Karlovac]] |align=right|586 |align=right|713 |align=right|785 |align=right|758 |align=right|777 |align=right|835 |align=right|943 |align=right|1,048 |align=right|1,107 |align=right|998 |align=right|969 |align=right|978 |align=right|948 |align=right|961 |align=right|934 |align=right|961 |align=right|1,008 |align=right|1,031 |align=right|1,035 |- | style="text-align:left;"|[[File:Flag of Koprivnica-Križevci County.png|border|23px]] [[Koprivnica-Križevci County|Koprivnica-Križevci]] |align=right|723 |align=right|762 |align=right|830 |align=right|845 |align=right|853 |align=right|855 |align=right|988 |align=right|1,046 |align=right|1,069 |align=right|998 |align=right|935 |align=right|926 |align=right|906 |align=right|919 |align=right|905 |align=right|916 |align=right|961 |align=right|991 |align=right|979 |- | style="text-align:left;"|[[File:Flag of Krapina-Zagorje-County.svg|border|23px]] [[Krapina-Zagorje County|Krapina-Zagorje]] |align=right|569 |align=right|655 |align=right|681 |align=right|706 |align=right|729 |align=right|815 |align=right|858 |align=right|947 |align=right|974 |align=right|868 |align=right|807 |align=right|815 |align=right|803 |align=right|823 |align=right|837 |align=right|867 |align=right|928 |align=right|990 |align=right|1,021 |- | style="text-align:left;"|[[File:Flag of Lika-Senj County.svg|border|23px]] [[Lika-Senj County|Lika-Senj]] |align=right|235 |align=right|250 |align=right|309 |align=right|384 |align=right|522 |align=right|407 |align=right|429 |align=right|417 |align=right|491 |align=right|445 |align=right|416 |align=right|405 |align=right|382 |align=right|388 |align=right|379 |align=right|388 |align=right|402 |align=right|427 |align=right|436 |- | style="text-align:left;"|[[File:Flag of Medjimurje.svg|border|23px]] [[Međimurje County|Međimurje]] |align=right|510 |align=right|562 |align=right|644 |align=right|654 |align=right|691 |align=right|737 |align=right|841 |align=right|892 |align=right|1,034 |align=right|977 |align=right|933 |align=right|941 |align=right|929 |align=right|1,088 |align=right|959 |align=right|986 |align=right|1,045 |align=right|1,109 |align=right|1,142 |- | style="text-align:left;"|[[File:Flag of Osijek-Baranja County.svg|border|23px]] [[Osijek-Baranja County|Osijek-Baranja]] |align=right|1,352 |align=right|1,459 |align=right|1,668 |align=right|1,700 |align=right|1,872 |align=right|2,043 |align=right|2,249 |align=right|2,600 |align=right|2,834 |align=right|2,642 |align=right|2,507 |align=right|2,514 |align=right|2,421 |align=right|2,438 |align=right|2,375 |align=right|2,436 |align=right|2,544 |align=right|2,581 |align=right|2,572 |- | style="text-align:left;"|[[File:Flag of Požega-Slavonia County.png|border|23px]] [[Požega-Slavonia County|Požega-Slavonia]] |align=right|325 |align=right|355 |align=right|380 |align=right|420 |align=right|451 |align=right|464 |align=right|478 |align=right|508 |align=right|554 |align=right|504 |align=right|497 |align=right|482 |align=right|458 |align=right|461 |align=right|433 |align=right|440 |align=right|453 |align=right|466 |align=right|499 |- | style="text-align:left;"|[[File:Flag of Primorje-Gorski Kotar County.png|border|23px]] [[Primorje-Gorski Kotar County|Primorje-Gorski Kotar]] |align=right|2,111 |align=right|2,138 |align=right|2,261 |align=right|2,543 |align=right|2,685 |align=right|3,066 |align=right|3,371 |align=right|3,560 |align=right|4,060 |align=right|3,820 |align=right|3,822 |align=right|3,905 |align=right|3,981 |align=right|3,849 |align=right|3,849 |align=right|3,854 |align=right|3,961 |align=right|4,177 |align=right|4,270 |- | style="text-align:left;"|[[File:Flag of Sisak-Moslavina County.png|border|23px]] [[Sisak-Moslavina County|Sisak-Moslavina]] |align=right|925 |align=right|938 |align=right|972 |align=right|989 |align=right|1,033 |align=right|1,137 |align=right|1,335 |align=right|1,262 |align=right|1,435 |align=right|1,447 |align=right|1,451 |align=right|1,439 |align=right|1,434 |align=right|1,306 |align=right|1,221 |align=right|1,268 |align=right|1,247 |align=right|1,266 |align=right|1,309 |- | style="text-align:left;"|[[File:Flag of Split-Dalmatia County.svg|border|23px]] [[Split-Dalmatia County|Split-Dalmatia]] |align=right|1,924 |align=right|2,118 |align=right|2,318 |align=right|2,529 |align=right|2,898 |align=right|3,061 |align=right|3,427 |align=right|3,934 |align=right|4,115 |align=right|3,804 |align=right|3,788 |align=right|3,695 |align=right|3,578 |align=right|3,583 |align=right|3,581 |align=right|3,712 |align=right|3,913 |align=right|4,133 |align=right|4,278 |- | style="text-align:left;"|[[File:Flag of Šibenik County.svg|border|23px]] [[Šibenik-Knin County|Šibenik-Knin]] |align=right|423 |align=right|450 |align=right|511 |align=right|581 |align=right|659 |align=right|748 |align=right|765 |align=right|902 |align=right|923 |align=right|802 |align=right|859 |align=right|856 |align=right|835 |align=right|851 |align=right|852 |align=right|862 |align=right|903 |align=right|988 |align=right|1,027 |- | style="text-align:left;"|[[File:Flag of Varaždin County.png|border|23px]] [[Varaždin County|Varaždin]] |align=right|894 |align=right|996 |align=right|1,139 |align=right|1,175 |align=right|1,166 |align=right|1,229 |align=right|1,347 |align=right|1,451 |align=right|1,637 |align=right|1,549 |align=right|1,463 |align=right|1,456 |align=right|1,436 |align=right|1,467 |align=right|1,462 |align=right|1,506 |align=right|1,601 |align=right|1,718 |align=right|1,865 |- | style="text-align:left;"|[[File:Flag of Virovitica-Podravina County.png|border|23px]] [[Virovitica-Podravina County|Virovitica-Podravina]] |align=right|357 |align=right|406 |align=right|438 |align=right|458 |align=right|471 |align=right|476 |align=right|555 |align=right|590 |align=right|615 |align=right|546 |align=right|516 |align=right|526 |align=right|504 |align=right|496 |align=right|455 |align=right|460 |align=right|485 |align=right|500 |align=right|536 |- | style="text-align:left;"|[[File:Flag of Vukovar-Syrmia County.svg|border|23px]] [[Vukovar-Syrmia County|Vukovar-Syrmia]] |align=right|624 |align=right|686 |align=right|762 |align=right|816 |align=right|864 |align=right|928 |align=right|1,079 |align=right|1,109 |align=right|1,260 |align=right|1,171 |align=right|1,090 |align=right|1,092 |align=right|1,049 |align=right|1,048 |align=right|999 |align=right|1,031 |align=right|1,076 |align=right|1,120 |align=right|1,171 |- | style="text-align:left;"|[[File:Flag of Zadar County.png|border|23px]] [[Zadar County|Zadar]] |align=right|627 |align=right|733 |align=right|829 |align=right|982 |align=right|1,055 |align=right|1,166 |align=right|1,238 |align=right|1,443 |align=right|1,618 |align=right|1,478 |align=right|1,405 |align=right|1,383 |align=right|1,366 |align=right|1,386 |align=right|1,395 |align=right|1,445 |align=right|1,527 |align=right|1,671 |align=right|1,797 |- | style="text-align:left;"|[[File:Flag of Zagreb County.svg|border|23px]] [[Zagreb County]] |align=right|1,284 |align=right|1,272 |align=right|1,583 |align=right|1,653 |align=right|1,823 |align=right|2,059 |align=right|2,128 |align=right|2,419 |align=right|2,653 |align=right|2,555 |align=right|2,398 |align=right|2,449 |align=right|2,439 |align=right|2,450 |align=right|2,466 |align=right|2,549 |align=right|2,651 |align=right|2,832 |align=right|3,011 |- | style="text-align:left;"|[[File:Flag of Zagreb.svg|border|23px]] [[Zagreb|City of Zagreb]] |align=right|6,912 |align=right|7,806 |align=right|8,569 |align=right|9,458 |align=right|10,400 |align=right|11,717 |align=right|12,954 |align=right|14,059 |align=right|15,439 |align=right|14,561 |align=right|15,586 |align=right|15,383 |align=right|15,055 |align=right|14,778 |align=right|14,754 |align=right|15,206 |align=right|15,818 |align=right|16,782 |align=right|17,544 |- class="sortbottom" | colspan="20" style="text-align:left;" |'''Source''': [[Croatian Bureau of Statistics]]<ref name="dzs">{{cite web|url=https://www.dzs.hr/Hrv_Eng/Pokazatelji/Bruto%20domaci%20proizvod.xls|title=Gross domestic product - Review by countries 2000-2018|website=dzs.hr|language=en|access-date=19 July 2021}}</ref> |} {| class="wikitable sortable" style="margin: 1em auto 1em auto;" |- ! colspan=20|[[Counties of Croatia]] by GDP per capita, in [[Euro]] |- ! data-sort-type="text" | County ! data-sort-type="number" | 2000 ! data-sort-type="number" | 2001 ! data-sort-type="number" | 2002 ! data-sort-type="number" | 2003 ! data-sort-type="number" | 2004 ! data-sort-type="number" | 2005 ! data-sort-type="number" | 2006 ! data-sort-type="number" | 2007 ! data-sort-type="number" | 2008 ! data-sort-type="number" | 2009 ! data-sort-type="number" | 2010 ! data-sort-type="number" | 2011 ! data-sort-type="number" | 2012 ! data-sort-type="number" | 2013 ! data-sort-type="number" | 2014 ! data-sort-type="number" | 2015 ! data-sort-type="number" | 2016 ! data-sort-type="number" | 2017 ! data-sort-type="number" | 2018 |- | style="text-align:left;"|[[File:Zastava bjelovarsko bilogorske zupanije.gif|border|23px]] [[Bjelovar-Bilogora County|Bjelovar-Bilogora]] |align=right|4,007 |align=right|4,383 |align=right|4,951 |align=right|5,042 |align=right|5,417 |align=right|5,539 |align=right|6,395 |align=right|6,489 |align=right|7,756 |align=right|7,522 |align=right|6,907 |align=right|6,888 |align=right|6,657 |align=right|6,766 |align=right|6,829 |align=right|7,107 |align=right|7,647 |align=right|7,958 |align=right|7,986 |- | style="text-align:left;"|[[File:Flag of Brod-Posavina County.svg|border|23px]] [[Brod-Posavina County|Brod-Posavina]] |align=right|3,425 |align=right|3,812 |align=right|4,171 |align=right|4,345 |align=right|4,766 |align=right|4,731 |align=right|5,223 |align=right|5,660 |align=right|6,384 |align=right|5,921 |align=right|5,731 |align=right|5,789 |align=right|5,691 |align=right|5,700 |align=right|5,539 |align=right|5,810 |align=right|6,195 |align=right|6,726 |align=right|6,607 |- | style="text-align:left;"|[[File:Flag of Dubrovnik-Neretva County.png|border|23px]] [[Dubrovnik-Neretva County|Dubrovnik-Neretva]] |align=right|4,886 |align=right|5,373 |align=right|5,738 |align=right|6,378 |align=right|7,442 |align=right|8,197 |align=right|9,025 |align=right|10,698 |align=right|11,024 |align=right|10,351 |align=right|10,174 |align=right|9,855 |align=right|9,812 |align=right|10,083 |align=right|10,297 |align=right|10,737 |align=right|11,500 |align=right|12,608 |align=right|13,277 |- | style="text-align:left;"|[[File:Zastava Istarske županije.svg|border|23px]] [[Istria County|Istria]] |align=right|7,184 |align=right|8,160 |align=right|9,117 |align=right|9,880 |align=right|10,813 |align=right|11,267 |align=right|12,116 |align=right|13,221 |align=right|13,691 |align=right|13,285 |align=right|13,297 |align=right|13,270 |align=right|12,684 |align=right|12,665 |align=right|12,811 |align=right|13,199 |align=right|14,165 |align=right|14,915 |align=right|15,570 |- | style="text-align:left;"|[[File:Flag of Karlovac county.svg|border|23px]] [[Karlovac County|Karlovac]] |align=right|4,181 |align=right|5,082 |align=right|5,635 |align=right|5,491 |align=right|5,666 |align=right|6,139 |align=right|6,989 |align=right|7,830 |align=right|8,341 |align=right|7,598 |align=right|7,458 |align=right|7,615 |align=right|7,461 |align=right|7,651 |align=right|7,541 |align=right|7,868 |align=right|8,373 |align=right|8,701 |align=right|8,301 |- | style="text-align:left;"|[[File:Flag of Koprivnica-Križevci County.png|border|23px]] [[Koprivnica-Križevci County|Koprivnica-Križevci]] |align=right|5,955 |align=right|6,269 |align=right|6,858 |align=right|7,025 |align=right|7,134 |align=right|7,181 |align=right|8,335 |align=right|8,878 |align=right|9,108 |align=right|8,545 |align=right|8,052 |align=right|8,020 |align=right|7,890 |align=right|8,039 |align=right|7,969 |align=right|8,149 |align=right|8,660 |align=right|9,066 |align=right|8,711 |- | style="text-align:left;"|[[File:Flag of Krapina-Zagorje-County.svg|border|23px]] [[Krapina-Zagorje County|Krapina-Zagorje]] |align=right|4,089 |align=right|4,702 |align=right|4,919 |align=right|5,129 |align=right|5,323 |align=right|5,972 |align=right|6,313 |align=right|7,008 |align=right|7,250 |align=right|6,479 |align=right|6,049 |align=right|6,142 |align=right|6,091 |align=right|6,287 |align=right|6,439 |align=right|6,721 |align=right|7,265 |align=right|7,830 |align=right|7,919 |- | style="text-align:left;"|[[File:Flag of Lika-Senj County.svg|border|23px]] [[Lika-Senj County|Lika-Senj]] |align=right|4,219 |align=right|4,493 |align=right|5,582 |align=right|6,965 |align=right|9,466 |align=right|7,446 |align=right|7,927 |align=right|7,783 |align=right|9,277 |align=right|8,515 |align=right|8,091 |align=right|7,984 |align=right|7,652 |align=right|7,874 |align=right|7,812 |align=right|8,134 |align=right|8,571 |align=right|9,297 |align=right|8,878 |- | style="text-align:left;"|[[File:Flag of Medjimurje.svg|border|23px]] [[Međimurje County|Međimurje]] |align=right|4,472 |align=right|4,930 |align=right|5,644 |align=right|5,729 |align=right|6,056 |align=right|6,459 |align=right|7,375 |align=right|7,830 |align=right|9,086 |align=right|8,583 |align=right|8,196 |align=right|8,273 |align=right|8,176 |align=right|9,592 |align=right|8,480 |align=right|8,751 |align=right|9,328 |align=right|9,989 |align=right|10,302 |- | style="text-align:left;"|[[File:Flag of Osijek-Baranja County.svg|border|23px]] [[Osijek-Baranja County|Osijek-Baranja]] |align=right|4,247 |align=right|4,582 |align=right|5,239 |align=right|5,354 |align=right|5,914 |align=right|6,480 |align=right|7,174 |align=right|8,353 |align=right|9,162 |align=right|8,578 |align=right|8,183 |align=right|8,249 |align=right|7,990 |align=right|8,105 |align=right|7,965 |align=right|8,270 |align=right|8,779 |align=right|9,098 |align=right|8,684 |- | style="text-align:left;"|[[File:Flag of Požega-Slavonia County.png|border|23px]] [[Požega-Slavonia County|Požega-Slavonia]] |align=right|3,904 |align=right|4,255 |align=right|4,572 |align=right|5,066 |align=right|5,479 |align=right|5,658 |align=right|5,874 |align=right|6,286 |align=right|6,897 |align=right|6,330 |align=right|6,314 |align=right|6,194 |align=right|5,971 |align=right|6,081 |align=right|5,774 |align=right|5,973 |align=right|6,307 |align=right|6,681 |align=right|6,620 |- | style="text-align:left;"|[[File:Flag of Primorje-Gorski Kotar County.png|border|23px]] [[Primorje-Gorski Kotar County|Primorje-Gorski Kotar]] |align=right|7,123 |align=right|7,210 |align=right|7,622 |align=right|8,575 |align=right|9,051 |align=right|10,326 |align=right|11,337 |align=right|11,959 |align=right|13,642 |align=right|12,847 |align=right|12,873 |align=right|13,185 |align=right|13,474 |align=right|13,061 |align=right|13,103 |align=right|13,204 |align=right|13,686 |align=right|14,559 |align=right|14,797 |- | style="text-align:left;"|[[File:Flag of Sisak-Moslavina County.png|border|23px]] [[Sisak-Moslavina County|Sisak-Moslavina]] |align=right|4,884 |align=right|4,952 |align=right|5,158 |align=right|5,285 |align=right|5,552 |align=right|6,156 |align=right|7,292 |align=right|6,966 |align=right|8,018 |align=right|8,184 |align=right|8,321 |align=right|8,372 |align=right|8,465 |align=right|7,832 |align=right|7,459 |align=right|7,899 |align=right|7,939 |align=right|8,284 |align=right|7,868 |- | style="text-align:left;"|[[File:Flag of Split-Dalmatia County.svg|border|23px]] [[Split-Dalmatia County|Split-Dalmatia]] |align=right|4,422 |align=right|4,866 |align=right|5,278 |align=right|5,723 |align=right|6,508 |align=right|6,820 |align=right|7,593 |align=right|8,684 |align=right|9,059 |align=right|8,361 |align=right|8,323 |align=right|8,121 |align=right|7,866 |align=right|7,876 |align=right|7,876 |align=right|8,184 |align=right|8,655 |align=right|9,183 |align=right|9,636 |- | style="text-align:left;"|[[File:Flag of Šibenik County.svg|border|23px]] [[Šibenik-Knin County|Šibenik-Knin]] |align=right|3,855 |align=right|4,094 |align=right|4,631 |align=right|5,254 |align=right|5,946 |align=right|6,733 |align=right|6,863 |align=right|8,081 |align=right|8,262 |align=right|7,202 |align=right|7,788 |align=right|7,855 |align=right|7,764 |align=right|7,998 |align=right|8,086 |align=right|8,267 |align=right|8,776 |align=right|9,737 |align=right|9,713 |- | style="text-align:left;"|[[File:Flag of Varaždin County.png|border|23px]] [[Varaždin County|Varaždin]] |align=right|4,952 |align=right|5,516 |align=right|6,327 |align=right|6,550 |align=right|6,525 |align=right|6,890 |align=right|7,564 |align=right|8,165 |align=right|9,233 |align=right|8,758 |align=right|8,298 |align=right|8,281 |align=right|8,193 |align=right|8,412 |align=right|8,434 |align=right|8,752 |align=right|9,389 |align=right|10,176 |align=right|10,899 |- | style="text-align:left;"|[[File:Flag of Virovitica-Podravina County.png|border|23px]] [[Virovitica-Podravina County|Virovitica-Podravina]] |align=right|3,887 |align=right|4,416 |align=right|4,793 |align=right|5,029 |align=right|5,222 |align=right|5,329 |align=right|6,253 |align=right|6,703 |align=right|7,048 |align=right|6,326 |align=right|6,037 |align=right|6,213 |align=right|6,012 |align=right|5,979 |align=right|5,542 |align=right|5,704 |align=right|6,135 |align=right|6,480 |align=right|6,525 |- | style="text-align:left;"|[[File:Flag of Vukovar-Syrmia County.svg|border|23px]] [[Vukovar-Syrmia County|Vukovar-Syrmia]] |align=right|3,277 |align=right|3,604 |align=right|4,018 |align=right|4,330 |align=right|4,617 |align=right|4,985 |align=right|5,825 |align=right|6,012 |align=right|6,853 |align=right|6,401 |align=right|6,016 |align=right|6,094 |align=right|5,856 |align=right|5,961 |align=right|5,772 |align=right|6,082 |align=right|6,498 |align=right|6,999 |align=right|6,730 |- | style="text-align:left;"|[[File:Flag of Zadar County.png|border|23px]] [[Zadar County|Zadar]] |align=right|4,050 |align=right|4,726 |align=right|5,289 |align=right|6,193 |align=right|6,579 |align=right|7,186 |align=right|7,534 |align=right|8,676 |align=right|9,640 |align=right|8,752 |align=right|8,281 |align=right|8,114 |align=right|7,985 |align=right|8,084 |align=right|8,146 |align=right|8,478 |align=right|9,003 |align=right|9,901 |align=right|10,803 |- | style="text-align:left;"|[[File:Flag of Zagreb County.svg|border|23px]] [[Zagreb County]] |align=right|4,327 |align=right|4,283 |align=right|5,279 |align=right|5,459 |align=right|5,966 |align=right|6,686 |align=right|6,859 |align=right|7,745 |align=right|8,443 |align=right|8,089 |align=right|7,565 |align=right|7,703 |align=right|7,660 |align=right|7,687 |align=right|7,748 |align=right|8,050 |align=right|8,434 |align=right|9,083 |align=right|9,710 |- | style="text-align:left;"|[[File:Flag of Zagreb.svg|border|23px]] [[Zagreb|City of Zagreb]] |align=right|8,962 |align=right|10,114 |align=right|11,091 |align=right|12,238 |align=right|13,418 |align=right|15,082 |align=right|16,642 |align=right|18,005 |align=right|19,709 |align=right|18,526 |align=right|19,765 |align=right|19,453 |align=right|18,986 |align=right|18,578 |align=right|18,479 |align=right|18,992 |align=right|19,711 |align=right|20,879 |align=right|22,695 |- class="sortbottom" | colspan="20" style="text-align:left;"|'''Source''': Croatian Bureau of Statistics<ref name="dzs" /> |} ==See also== * [[Economy of Europe]] * [[Areas of Special State Concern]] * [[Croatia and the euro]] * [[Croatia and the World Bank]] * [[Croatian brands]] * [[Taxation in Croatia]] ==References== {{reflist}} ==External links== {{Commons category-inline}} * [https://web.archive.org/web/20060824185818/http://www.hnb.hr/eindex.htm Croatian National Bank] * [https://web.archive.org/web/20060827211400/http://www2.hgk.hr/en/ Croatian Chamber of Economy] {{Croatia topics|state=collapsed}} {{World Trade Organization}} {{Economy of Europe}} [[Category:Economy of Croatia| ]] [[Category:World Trade Organization member economies|Croatia]] [[Category:Economies of Europe by country|Croatia]] [[Category:European Union member economies|Croatia]]
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