ANNUAL GROSS DOMESTIC PRODUCT, 1995 – 2025

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 2011 to 2024 have been revised, while for 2025 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 1.1% for 2025 and 1.6% for 2024. In the period from 2011 to 2023, the impact of this statistical revision ranges from -0.3% to +0.8%.

This revision affected real growth rates in the range from -0.3 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 PC-Axis databases.

The most important elements of the revision are:

– revision due to the inclusion of final results from GNI reservations (the inclusion of VAT fraud without purchasers’ complicity in GDP estimates and the non-collected VAT),

– revision of the final consumption expenditure of the general government,

– revision of export and import of goods and services in line with the balance of payments data,

– revision of gross fixed capital formation.

Gross domestic product for 2024 – annual calculation

Gross domestic product increased by 3.9% in real terms in 2024, as compared to 2023. In the same period, gross value added increased by 3.3% 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 final consumption expenditure of households.

The Croatian Bureau of Statistics also publishes revised data on quarterly GDP and Notes on Methodology in PC-Axis databases, which present data for the period from the first quarter of 1995 to the second quarter of 2026. Data for quarters in the period from 1995 to 2024 are harmonised with the annual GDP calculation, while data for quarters of 2025 are harmonised with the annual estimate of GDP for 2025.

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, Sanja Jurić, Jasna Medek, Patrik Pipp, Sanja Šmigoc and Slavica Šolčić

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