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Croatia's GDP grows 10.4% real in 2021 - 1st estimate

Figures

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Croatia's economic output grew by a real 10.4% year-on-year in 2021, the Central Bureau of Statistics (Crostat) said on Friday.

In the fourth quarter of 2021, the gross domestic product (GDP) increased by a real 9.7% year-on-year, after growing by 15.8% in the third quarter, the Zagreb-based statistical office said in its first estimate.

A real growth is visible in all of the GDP categories on the expenditure side, according to the statistics agency.

The GDP growth in the fourth quarter of 2021, compared to the same quarter of the previous year, was driven mostly by a rise in personal consumption and in exports of goods and services.

In 2020, Croatia's GDP declined by a real 8.4%.

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