Croatia Economy

Europe & Central Asia · High income · Capital: Zagreb

Updated 17 Oct 2026

GDP Annual Growth Rate in Croatia decreased to 3.40 percent in 2025 from 3.83 percent in 2024. Inflation Rate in Croatia decreased to 3.89 percent in Jul 2026 from 4.50 percent in Jun 2026.

GDP Growth
3.4%
▼ −0.4 pp 2025 · World Bank
Inflation Rate
3.9%
▼ −0.6 pp Jul 2026 · BIS
Interest Rate
2.50%
▲ +0.25 pp Sep 2026 · BIS (ECB)
Unemployment
4.3%
■ 0.0 pp Aug 2026 · OECD

GDP Growth Rate

Real GDP, annual % change. Hatched bars are IMF projections.

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Inflation vs Interest Rate

Monthly data, %. Source: BIS, BIS (ECB).

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Key Highlights

  • Real GDP grew 3.4% in 2025 (previous year: 3.8%).
  • Consumer price inflation was 3.9% in Jul 2026, compared with 4.5% in the previous period.
  • The ECB policy rate (which applies to all euro-area members) stood at 2.50% at the end of Sep 2026 (previous: 2.25%).
  • The unemployment rate was 4.3% in Aug 2026 (previous: 4.3%).
  • General government debt was 56.3% of GDP in 2025.
  • The IMF projects real GDP growth of 2.2% for 2026 (World Economic Outlook projection).

Main Indicators

IndicatorLastPreviousPeriodTrendSource
GDP Annual Growth Rate3.4%3.8%2025World Bank
Interest Rate2.50%2.25%Sep 2026BIS (ECB)
Inflation Rate3.9%4.5%Jul 2026BIS
Unemployment Rate4.3%4.3%Aug 2026OECD
Government Debt to GDP56.3%57.4%2025IMF
Balance of Trade-$5.3B-$4.3B2025World Bank
Current Account to GDP-3.2%-2.1%2025World Bank
GDP$105.1B$93.0B2025World Bank

GDP

IndicatorLastPreviousPeriodTrendSource
GDP per Capita$27,104$24,0502025World Bank
GDP per Capita PPP$50,946$49,5512025World Bank
Gross National Income$104.0B$93.3B2025World Bank
GDP from Agriculture2.8%2.9%2025World Bank
GDP from Industry19.0%19.2%2025World Bank
GDP from Manufacturing10.1%10.5%2025World Bank
GDP from Services60.9%60.8%2025World Bank
Gross Fixed Capital Formation25.7%25.2%2025World Bank
Household Consumption to GDP56.2%57.2%2025World Bank

Labour

IndicatorLastPreviousPeriodTrendSource
Youth Unemployment Rate16.5%16.5%2025World Bank
Labour Force Participation Rate52.1%52.4%2025World Bank
Employment Rate49.5%49.7%2025World Bank
Population3.88M3.87M2025World Bank

Prices

IndicatorLastPreviousPeriodTrendSource
GDP Deflator Growth4.7%4.5%2025World Bank
Core Inflation Rate3.3%3.2%Nov 2025OECD
Inflation Rate MoM-0.44%0.52%Dec 2025OECD
Food Inflation2.8%4.0%Dec 2025OECD

Money

IndicatorLastPreviousPeriodTrendSource
Lending Rate8.58%9.25%2014World Bank
Deposit Interest Rate1.35%1.52%2014World Bank
Foreign Exchange Reserves$4.2B$3.3B2025World Bank
Government Bond 10Y Yield3.58%3.58%Aug 2026OECD
Interbank Rate2.64%2.51%Sep 2026OECD

Trade

IndicatorLastPreviousPeriodTrendSource
Current Account-$3.4B-$1.9B2025World Bank
Exports$50.4B$46.6B2025World Bank
Imports$55.7B$50.9B2025World Bank
Foreign Direct Investment$2.99B$4.54B2025World Bank
Remittances$7.25B$6.70B2025World Bank
Terms of Trade87.087.92024World Bank
Tourist Arrivals21.61M60.02M2020World Bank
Tourism Revenues$5.63B$11.97B2020World Bank

Government

IndicatorLastPreviousPeriodTrendSource
Government Budget-3.0%-2.5%2025IMF
Government Revenues to GDP46.0%46.0%2024IMF
Government Spending to GDP48.0%46.8%2024IMF
Tax Revenue to GDP21.2%21.7%2023World Bank
Military Expenditure2.02%1.86%2025World Bank

Business

IndicatorLastPreviousPeriodTrendSource
Industrial Production5.2%6.9%Aug 2026OECD
Business Confidence102.35101.26Sep 2026OECD

Consumer

IndicatorLastPreviousPeriodTrendSource
Retail Sales YoY3.2%3.7%Aug 2026OECD

Housing

IndicatorLastPreviousPeriodTrendSource
Residential Property Prices14.3%15.9%Q1 2026BIS

Croatia economy explained in simple words

Size of the economy

The economy of Croatia produced goods and services worth $105.1B in 2025, making it the 74th largest of 214 economies with data.

With a population of about 3.9 million, GDP per person is $27,104. The World Bank classifies Croatia as a “high income” economy.

Economic growth

Real GDP grew 3.4% in 2025, compared with world growth of 3.5% (IMF).

Over the last 10 years growth averaged 3.5% a year, ranging from -8.3% to 12.6%.

The IMF projects growth of 2.2% in 2026.

Prices and interest rates

Consumer price inflation was 3.9% in Jul 2026 (reference: the European Central Bank’s 2% target).

The European Central Bank policy rate, which applies to all euro-area members, was 2.50% at the end of Sep 2026.

The difference between the two — the real interest rate — is about -1.39%.

Jobs

The unemployment rate was 4.3% in Aug 2026 (world: 4.8%).

About 52.1% of people aged 15 and over are in the labour force (working or looking for work).

Government finances

General government debt was 56.3% of GDP in 2025, compared with a median of 52.9% across 191 economies.

The government budget balance was -3.0% of GDP (2025) — a deficit, meaning spending exceeded revenue.

Trade and external position

The current account was -3.2% of GDP in 2025 — a deficit with the rest of the world.

Exports of goods and services were $50.4B and imports $55.7B.

Foreign exchange reserves (including gold) stood at $4.2B.

Structure of the economy

By sector, value added is split roughly as: services 60.9%, industry 19.0%, agriculture 2.8% of GDP.

How to read this page

The four boxes at the top show the most-watched numbers: GDP growth (how fast the economy is expanding), inflation (how fast prices are rising), the central bank policy rate (the base cost of borrowing) and unemployment (the share of job-seekers without work). The small arrow shows the change from the previous reading.

The tabs group all available indicators by topic — GDP, labour, prices, money, trade, government and housing. Each row shows the latest value, the previous value, the period it refers to, a small trend line and the source. Click any indicator to open its full history, chart, statistics and comparison with other countries.

Monthly and quarterly figures come from national statistics offices and central banks — via the OECD, the Bank for International Settlements (BIS) and, for India, the Ministry of Statistics (MoSPI); annual figures come from the World Bank and the IMF. Different indicators are published at different times, so the periods shown can differ.

Frequently asked questions

What is the GDP growth rate of Croatia?
The latest GDP growth rate of Croatia is 3.4% (2025), compared with 3.8% in the previous period. Source: World Bank — World Development Indicators.
What is the inflation rate of Croatia?
The latest inflation rate of Croatia is 3.9% (Jul 2026), compared with 4.5% in the previous period. Source: Bank for International Settlements (BIS).
What is the interest rate of Croatia?
The latest interest rate of Croatia is 2.50% (Sep 2026), compared with 2.25% in the previous period. Source: BIS / European Central Bank (euro area policy rate).
What is the unemployment rate of Croatia?
The latest unemployment rate of Croatia is 4.3% (Aug 2026), compared with 4.3% in the previous period. Source: OECD — Organisation for Economic Co-operation and Development.
What is the government debt to GDP ratio of Croatia?
The latest government debt to GDP ratio of Croatia is 56.3% (2025), compared with 57.4% in the previous period. Source: IMF — World Economic Outlook.

Data are sourced from official international organisations (IMF, World Bank, BIS) and national authorities, and are shown for educational and informational purposes only. They are not investment advice and no recommendation is made. Figures may be revised by the source; IMF figures for the current and future years are projections. This page was last updated on Saturday, October 17, 2026.