ANNUAL GROSS DOMESTIC PRODUCT, 1995 – 2024

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 2006 to 2023 have been revised, while for 2024 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 (2021 = 100).

The impact of this statistical revision on the GDP level in nominal terms was 0.3% for 2024 and 1.4% for 2023. In the period from 2006 to 2022, the impact of this statistical revision was non-material and amounted to 0.0%.

This revision affected real growth rates in a way that they changed in 2024 by -0.1 percentage points and in 2023 by +0.4 percentage points. In the period from 2006 to 2022, the impact of this statistical revision was non-material and amounted to 0.0%.

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 most important elements of the revision are:

- revision due to reclassification of units in sector S. 11 Non-financial corporations to sector S. 13 General government

- revision of government final consumption expenditure

- revision of export and import of goods and services in line with the balance of payment data

- revision of gross fixed capital formation

- revision of consumption of fixed capital in sector S.13 General government

Gross domestic product for 2023 – annual calculation

Gross domestic product increased by 3.8% in real terms in 2023, as compared to 2022. In the same period, gross value added increased by 4.0% in real terms.

The increase in the gross domestic product in real terms was mainly influenced by an increase in the gross value added in Construction activity.

The increase in the gross domestic product in real terms by the expenditure approach was mainly influenced by an increase in the gross fixed capital formation.

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 2025. Data for quarters in the period from 1995 to 2023 are harmonised with the annual GDP calculation, while data for quarters of 2024 are harmonised with the annual estimate of GDP for 2024.

Published by the Croatian Bureau of Statistics, Zagreb, Ilica 3, P. O. B. 80
Phone: (+385 1) 48 06 111
Press corner: press@dzs.hr

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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