Croatia Gross Domestic Product (GDP) by Year (1990–2023)

Croatia Gross Domestic Product (GDP) by Year (1990–2023)

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TGM StatBox. (2024). Croatia Gross Domestic Product (GDP) by Year (1990–2023). TGM StatBox.
Chart Details
Timeframe: 1960-2023
Country: Croatia
Published date: 2024
Note: The GDP data in the context of the World Development Indicators (WDI) refers to the information provided by the World Bank that tracks a country's Gross Domestic Product (GDP) and related economic metrics.
Key Takeaways
Croatia's GDP reflects a turbulent economic history marked by independence, war, and eventual EU integration. In 1990, GDP stood at $25.6 billion but plummeted to $10.6 billion in 1992 due to the Croatian War of Independence. Recovery began in the mid-1990s, with GDP reaching $24.1 billion in 1996, driven by reconstruction efforts and stabilization policies.

The 2000s saw steady growth, peaking at $68.5 billion in 2008, supported by tourism and foreign investment. However, the global financial crisis led to a sharp decline, with GDP falling to $51 billion by 2015. Croatia’s 2013 accession to the EU facilitated recovery, and GDP rose to $82.6 billion in 2023, boosted by tourism and a digital economy transformation.

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