Albania vs Croatia: Economic Indicators Comparison

Croatia with a GDP of $61B ranked the 76th largest economy in the world, while Albania ranked 123rd with $15.1B. By GDP 5-years average growth and GDP per capita, Croatia and Albania ranked 118th vs 84th and 63rd vs 107th, respectively.

Gross Domestic Product & Income

StatAlbaniaCroatia
GDP$15.1B$61B
GDP growth, 1 year4.2%2.7%
GDP growth, 5-years average3.1%2.3%
Population3M4.1M
GDP per capita$5.3k$15k
GDP per capita growth4.4%3.51%
Purchasing Power Parity conversion factor42.573.39
Price level ratio of PPP conversion factor GDP to market exchange rate0.390.54
GDP per capita, PPP adjusted$13k$26k
GNI, Atlas method$13.9B$57.2B
GNI per capita$4.9k$14k
GNI, PPP adjusted$38.3B$111.1B
GNI per capita, PPP adjusted$13k$27k

Financial system and Human development

StatAlbaniaCroatia
Income Tax Rate23%40%
Corporate Tax Rate15%18%
Inflation, consumer prices2%1.5%
Inflation, GDP deflator0.9%1.8%
Unemployment13.9%8.9%
Economic Freedom Index66.962.2
Personal Freedom Index8.078.08
Human Freedom Index7.687.46
Property Rights Index57.169.9
Judical Effectiveness Index3339.6
Business Freedom Index65.753.6
Fiscal Health Index86.389.1
Labor Freedom Index52.144
Investment Freedom Index7075
Financial Freedom Index7060
Trade Freedom Index88.486.4
Monetary Freedom Index81.277.6
Government Spending Index74.634.7
Tax Burden Index85.965.9
Government Integrity Index38.851
Corruption Perceptions Index3648
Life expectancy at birth, years78.377.8
Suicide mortality rate, per 100,000 people6.316.5
Mortality caused by road traffic injury, per 100,000 people13.68.1
Intentional homicides, per 100,000 people2.31.1
International tourism, number of arrivals5.3M16.6M

Government debt & reserves

StatAlbaniaCroatia
Central government debt, % of GDP68.6%73.9%
External debt stocks, % of GNI67.2%N/A
External debt stocks$10.1BN/A
Short-term debt, % of total reserves55.6%N/A
Total debt service, % of exports and primary income20.7%N/A
Adjusted net savings including particulate emission damage, % of GNI8.2%10.8%
Gross savings, % of GDP16.2%24.2%
Gross capital formation, % of GDP25%23.1%
Total reserves including gold$3.9B$20B
Foreign direct investment net inflows$1.2B$1.3B

Exports, imports and economic structure

StatAlbaniaCroatia
Exports of goods and services, % of GDP31.7%50.5%
Imports of goods and services, % of GDP45.4%51.4%
Current account balance (balance of payments)-$1B$1.5B
Revenue excluding grants, % of GDP25.6%39.7%
Grants excluding technical cooperation, BoP$181M$260k
Personal remittances received$1.5B$2.9B
Industry including construction value added, % of GDP21.3%20.4%
Agriculture, forestry and fishing value added, % of GDP18.4%2.9%
Charges for the use of intellectual property, payments BoP$26.4M$309.7M
Charges for the use of intellectual property, receipts BoP$14.9M$63.2M
Expense, % of GDP23.3%38.5%
Government Expenditure, % of GDP29.1%46.6%

Compare with countries close by GDP per capita

Albania vs

CountryGDP
per capita
Population
Turkmenistan
$7k
5.85M
Peru
$6.9k
29.4M
Colombia
$6.7k
49.1M
South Africa
$6.4k
57.7M
Ecuador
$6.3k
16.6M
Belarus
$6.3k
9.41M
Fiji
$6.3k
906k
Suriname
$6.2k
563k
North Macedonia
$6.1k
2.08M
Bosnia and Herzegovina
$6.1k
3.51M
Namibia
$5.9k
2.53M
Iraq
$5.8k
38.3M
Paraguay
$5.8k
6.81M
Iran
$5.6k
80M
Jamaica
$5.4k
2.89M
Guyana
$5k
778k
Belize
$4.9k
375k
Azerbaijan
$4.7k
10M
Georgia
$4.7k
3.72M
Guatemala
$4.5k
17.3M
Tonga
$4.4k
108k
Jordan
$4.2k
10.4M
Armenia
$4.2k
2.93M
Samoa
$4.2k
196k
Eswatini
$4.1k
1.37M
Mongolia
$4.1k
3.08M
Algeria
$4.1k
41.3M
Sri Lanka
$4.1k
21.4M
El Salvador
$4.1k
6.42M
Indonesia
$3.9k
264M

Croatia vs

CountryGDP
per capita
Population
Saint Kitts and Nevis
$19k
55.3k
Lithuania
$19k
2.79M
Barbados
$18k
286k
Latvia
$18k
1.91M
Uruguay
$17k
3.46M
Trinidad and Tobago
$17k
1.37M
Antigua and Barbuda
$17k
102k
Seychelles
$16k
95.8k
Oman
$16k
4.83M
Hungary
$16k
9.94M
Venezuela
$16k
28.5M
Chile
$16k
18.1M
Palau
$16k
21.7k
Panama
$16k
4.1M
Poland
$15k
38.4M
Romania
$12k
19.6M
Costa Rica
$12k
4.91M
Argentina
$12k
44.9M
Malaysia
$11k
31.6M
Russia
$11k
147M
Mauritius
$11k
1.26M
Grenada
$11k
108k
Saint Lucia
$11k
179k
Maldives
$10k
436k
Equatorial Guinea
$10k
1.27M
Nauru
$9.9k
13.7k
Kazakhstan
$9.8k
18.3M
China
$9.8k
1.41B
Mexico
$9.7k
131M
Turkey
$9.4k
82M