Services Sector Contribution to GDP in Croatia (1995-2022)

Services Sector Contribution to GDP in Croatia (1995-2022)

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TGM StatBox. (2024). Services Sector Contribution to GDP in Croatia (1995-2022). TGM StatBox.
Chart Details
Timeframe: 1990-2022
Country: Croatia
Published date: 2024
Note: Services (% of GDP), according to World Development Indicators, measures the contribution of the services sector (such as retail, finance, healthcare, and tourism) to a country's GDP.
Key Takeaways
In Croatia, the services sector grew from 50.4% in 1995 to 60.9% in 2022, reflecting the country’s transition to a service-oriented economy following its independence. The 1990s saw gradual increases as tourism, trade, and financial services expanded, reaching 56.3% by 2003. Economic stabilization and EU integration efforts in the 2000s supported further growth, with services peaking at 60.2% in 2011. The share held steady around 59-60% from 2015 onward, with a slight increase in 2022. This growth underlines the sector’s vital role in Croatia's economy, driven by tourism, trade, and services essential to economic resilience and recovery efforts.

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