ANNUAL GROSS DOMESTIC PRODUCT,
1995 – 2022, Revised Data

For data on gross domestic product (GDP) and main aggregates of national accounts according to the National Classification of Activities, 2007 version (NKD 2007), and categories of expenditure according to the methodology of the European System of National and Regional Accounts (ESA 2010), the time series of data for the period from 1995 to 2021 have been revised, while for 2022 an estimate of the gross domestic product has been made.

The data are available at current prices, at constant prices of the previous year and at constant prices of the reference year (2015 = 100).

The impact of this statistical revision on the GDP level in nominal terms ranges from 0.1% to 1.6% throughout the period from 1995 to 2022 and represents an average increase of 0.2%.

This revision affected real growth rates in the range from -0.1 percentage points to +0.7 percentage points.

GDP by expenditure approach is revised according to the GDP by production approach.

Detailed data can be downloaded on the link Statistics in Line.

The revision includes the following elements:

– revision of taxes and subsidies

– revision of balance of payments data

– revision of household final consumption expenditure

– revision of the government finance statistics data due to changes in the sectoral classification of institutional units and the inclusion of certain units in the general government sector.

Gross domestic product for 2021 – annual calculation

Gross domestic product increased by 13.8% in real terms in 2021, as compared to 2020. Gross value added increased by 12.2% in real terms in 2021, as compared to 2020.

The increase in the gross domestic product in real terms was mainly influenced by the increase in the gross value added in Accommodation and food service activities.

The increase in the gross domestic product in real terms by the expenditure approach was mainly influenced by the increase in the exports of goods and services.

The Croatian Bureau of Statistics also publishes revised data on quarterly GDP and Notes on Methodology in Statistics in Line, which presents data for the period from the first quarter of 1995 to the second quarter of 2023. Data for quarters in the period from 1995 to 2021 are harmonised with the annual GDP calculation.

Abbreviations

Published by the Croatian Bureau of Statistics, Zagreb, Ilica 3, P. O. B. 80
 Phone: (+385 1) 48 06 111
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Persons responsible:
Suzana Šamec, Director of Macroeconomic Statistics Directorate
Lidija Brković, Director General

Prepared by:
Ingrid Pejković, Suzana Čajkušić, Sanja Jurić, Jasna Medek,
Patrik Pipp, Sanja Šmigoc and Slavica Šolčić

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