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Economy of Croatia vs Egypt compared: GDP & Debt

Updated on by Georank team

Croatia has a GDP of $93B compared to $389B for Egypt, ranking 75/197 and 41/197 by economy size, respectively.

Croatia has $53.5B in government debt (57.6% of GDP), compared to $354B (90.9% of GDP) in Egypt.

Croatia vs Egypt GDP by year

Croatia
Egypt
1x
Year GDP, current $
Croatia Egypt
2024 $92,983,810,329 $389,059,911,004
2023 $85,624,153,964 $395,926,075,163
2022 $71,196,498,671 $476,747,720,365
2021 $69,002,365,163 $424,671,765,456
2020 $57,959,843,541 $383,817,841,547
2019 $61,466,721,186 $318,678,815,490
2018 $61,667,925,219 $262,588,632,527
2017 $56,182,782,586 $248,362,771,739
2016 $52,650,714,172 $332,441,717,791
2015 $50,998,893,385 $329,366,576,819
2014 $59,606,934,501 $305,595,408,895
2013 $59,846,265,182 $288,434,108,527
2012 $57,548,115,904 $279,116,666,667
2011 $62,889,007,657 $235,989,672,978
2010 $58,975,205,417 $218,983,666,062
2009 $62,315,996,675 $189,147,005,445
2008 $68,472,854,617 $162,818,181,818
2007 $59,290,621,398 $130,437,828,371
2006 $49,583,544,860 $107,426,086,957
2005 $45,013,119,282 $89,660,339,660
2004 $41,836,292,157 $78,782,467,532
2003 $35,245,317,002 $80,288,461,538
2002 $26,757,722,429 $85,146,067,416
2001 $23,066,883,850 $96,684,636,119
2000 $22,134,411,297 $99,838,543,960
1999 $23,777,026,779 $90,710,704,807
1998 $25,890,228,430 $84,828,807,556
1997 $24,175,764,812 $78,436,578,171
1996 $24,150,978,347 $67,629,716,981
1995 $22,772,394,547 $60,159,245,060
1994 $15,062,911,617 $51,897,983,393
1993 $11,259,647,874 $46,578,631,453
1992 $10,621,169,291 $41,855,986,519
1991 $18,760,386,775 $37,387,836,491
1990 $25,650,213,280 $42,978,914,311
1989 - $39,756,299,050
1988 - $34,980,124,929
1987 - $40,455,616,654
1986 - $41,253,507,951
1985 - $39,053,502,251
1984 - $33,971,188,992
1983 - $30,966,239,814
1982 - $27,655,172,414
1981 - $22,136,081,081
1980 - $21,669,908,176
1979 - $18,020,571,429
1978 - $14,811,704,063
1977 - $14,400,806,876
1976 - $13,315,988,083
1975 - $11,632,178,869
1974 - $9,228,963,225
1973 - $10,098,534,613
1972 - $9,299,638,056
1971 - $8,609,283,346
1970 - $8,042,200,452
1969 - $6,524,455,206
1968 - $5,932,242,991
1967 - $5,605,484,299
1966 - $5,278,005,612
1965 - $4,948,667,540
1964 - $4,709,245,762
1963 - $4,187,146,232
1962 - $4,035,462,027
1961 - $4,494,575,611
1960 - $4,206,270,352

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/croatia/egypt | CC BY

GDP per capita in Croatia vs Egypt by year

Croatia
GDP per capita

GDP per capita, PPP
Egypt
GDP per capita

GDP per capita, PPP
1x
Year Current $
Croatia Egypt
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $24,050 $49,551 $3,338 $19,094
2023 $22,184 $47,760 $3,457 $18,525
2022 $18,466 $42,125 $4,233 $17,527
2021 $17,789 $36,930 $3,827 $15,579
2020 $14,808 $31,594 $3,511 $15,232
2019 $15,564 $33,064 $2,963 $13,364
2018 $15,460 $29,789 $2,485 $12,329
2017 $13,902 $27,888 $2,395 $11,125
2016 $12,820 $25,803 $3,271 $10,666
2015 $12,284 $23,750 $3,307 $10,903
2014 $14,187 $22,706 $3,133 $10,256
2013 $14,135 $22,430 $3,026 $10,511
2012 $13,508 $21,619 $2,996 $10,342
2011 $14,692 $21,191 $2,591 $8,988
2010 $13,730 $20,139 $2,455 $8,838
2009 $14,475 $20,358 $2,162 $8,465
2008 $15,888 $21,018 $1,896 $8,191
2007 $13,756 $19,568 $1,548 $7,641
2006 $11,501 $17,629 $1,299 $7,079
2005 $10,444 $15,451 $1,106 $6,554
2004 $9,719 $14,686 $991 $6,207
2003 $8,190 $13,692 $1,031 $5,928
2002 $6,220 $12,775 $1,117 $5,753
2001 $5,365 $11,653 $1,295 $5,650
2000 $4,954 $10,675 $1,366 $5,452
1999 $5,269 $9,943 $1,268 $5,121
1998 $5,713 $9,890 $1,213 $4,869
1997 $5,331 $9,536 $1,146 $4,661
1996 $5,300 $8,806 $1,009 $4,434
1995 $4,929 $8,052 $916 $4,235
1994 $3,238 $7,337 $807 $4,048
1993 $2,448 $6,861 $740 $3,895
1992 $2,321 $7,326 $681 $3,784
1991 $4,001 $7,918 $623 $3,627
1990 $5,369 $9,526 $736 $3,566
1989 - - $701 -
1988 - - $634 -
1987 - - $754 -
1986 - - $790 -
1985 - - $770 -
1984 - - $690 -
1983 - - $648 -
1982 - - $596 -
1981 - - $490 -
1980 - - $493 -
1979 - - $421 -
1978 - - $355 -
1977 - - $353 -
1976 - - $335 -
1975 - - $299.2 -
1974 - - $243.1 -
1973 - - $272.2 -
1972 - - $256.5 -
1971 - - $243 -
1970 - - $232.3 -
1969 - - $193 -
1968 - - $179.8 -
1967 - - $174.1 -
1966 - - $168.1 -
1965 - - $161.6 -
1964 - - $157.7 -
1963 - - $143.9 -
1962 - - $142.4 -
1961 - - $162.8 -
1960 - - $156.4 -

Data sources: World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06).

GeoRank.org/economy/croatia/egypt | CC BY

Croatia's GDP per capita is $24,050, ranking 50/197, compared to $3,338 in Egypt, ranking 138/197. Adjusted for purchasing power (GDP per capita PPP), Croatia ranks 46th at $49,551, while Egypt ranks 99th at $19,094.

Economic indicators

Croatia Egypt
Gross domestic product
$93B
2024
$389B
2024
GDP rank
75/197
2024
41/197
2024
GDP growth
3.83%
2023-2024
2.4%
2023-2024
GDP per capita
$24,050
2024
$3,338
2024
GDP per capita rank
50/197
2024
138/197
2024
GDP per capita, PPP
$49,551
2024
$19,094
2024
GDP per capita PPP rank
46/197
2024
99/197
2024
Government debt
$53.5B
2024
$354B
2024
Debt-to-GDP ratio
57.6%
2024
90.9%
2024
Government debt per person
$13,844
2024
$3,036
2024
Government debt per person rank
42/185
2024
99/185
2024
Average annual personal income after taxes
$20,856
2026
$1,948
2026
Market capitalization of domestic companies
$27.8B
2024
$42.6B
2024
Number of billionaires
1
2025
5
2025
Income share by richest 10%
23.3%
2023
24.6%
2021
Income share by poorest 10%
2.9%
2023
4.2%
2021
Government expenditure, % of GDP
48%
2024
22.9%
2024
Consumer prices inflation
2.97%
2023-2024
28.3%
2023-2024
Central bank interest rate n/a
21%
2025
Unemployment rate
5.03%
2024
5.95%
2024
Population
3812193
120697176

Spending and national debt comparison by year

Croatia
Spending

Debt
Egypt
Spending

Debt
1x
Year % of GDP
Croatia Egypt
Government spending Government debt Government spending Government debt
2024 48% 57.6% 22.9% 90.9%
2023 46.8% 61.8% 22.7% 95.9%
2022 45% 68.5% 24.9% 88.5%
2021 48.1% 78.2% 25.5% 89.9%
2020 53.7% 86.5% 25.7% 86.2%
2019 44.3% 70.9% 26.9% 80.1%
2018 44.9% 72.8% 28.6% 87.9%
2017 44.1% 76.2% 30.6% 97.8%
2016 45.9% 79.3% 31% 91.6%
2015 47.5% 82.8% 31.3% 83.8%
2014 48.7% 83.2% 33.9% 80.9%
2013 47.9% 79.5% 32.9% 79.8%
2012 47.3% 68.9% 29.2% 69.9%
2011 48.6% 63.1% 30.5% 72.8%
2010 48.1% 56.8% 31.4% 69.6%
2009 49.2% 47.9% 32.5% 69.5%
2008 46.3% 38.9% 32.7% 66.8%
2007 46.3% 37.1% 31.3% 76.3%
2006 44.6% 38.4% 34.5% 85.9%
2005 46.5% 40.9% 30.3% 98.3%
2004 49% 40% 30.1% 96.5%
2003 49.6% 37.8% 30.6% 97.1%
2002 49.2% 36.5% 30.9% 85.8%
2001 50.6% 36.6% 27.9% 79.1%
2000 54.6% 35.4% 26% 71.7%
1999 58.9% 30% 26.3% 72.4%
1998 56.8% 23.3% - 73.8%
1997 51.7% 22.5% - -
1996 52.1% - - -
1995 50.3% - - -
1994 45.4% - - -
1993 36% - - -
1992 37.1% - - -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1992–2024, retrieved 2026-02-20); International Monetary Fund (IMF) | Public Finances in Modern History (1997, retrieved 2026-02-20).

GeoRank.org/economy/croatia/egypt | CC BY

In 2024, Croatia's government spending was $44.6B, accounting for 48% of its GDP, while Egypt spent $89.2B, or 22.9% of GDP.

Debt-to-GDP ratio is 57.6% in Croatia and 90.9% in Egypt, ranking 86/185 and 31/185, respectively.

Government deficit by year

Deficit/surplus
Croatia

Egypt
1x
Year Deficit/surplus, % of GDP
Croatia Egypt
2024 -1.95% -7.12%
2023 -0.79% -5.77%
2022 0.12% -5.74%
2021 -2.58% -6.96%
2020 -7.23% -7.47%
2019 2.31% -7.6%
2018 0.23% -8.97%
2017 0.8% -9.9%
2016 -1.04% -11.8%
2015 -3.53% -10.4%
2014 -5.19% -10.7%
2013 -5.52% -12.3%
2012 -5.46% -9.47%
2011 -7.53% -9.6%
2010 -6.46% -7.45%
2009 -7.15% -6.2%
2008 -2.34% -6.05%
2007 -2.28% -4.9%
2006 -2.01% -7.35%
2005 -3.24% -6.69%
2004 -6.09% -5.76%
2003 -5.03% -5.73%
2002 -4.9% -6.77%
2001 -4.79% -1.07%
2000 -9.2% 1.32%
1999 -11.1% 2.14%
1998 -6.36% -
1997 -4.93% -
1996 -4.41% -
1995 -4.23% -
1994 -0.82% -
1993 -2.67% -
1992 -5.69% -

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1992–2024, retrieved 2026-02-20).

GeoRank.org/economy/croatia/egypt | CC BY

In 2024, Croatia's government deficit, the difference between spending and revenue, was $1.82B, equivalent to 1.95% of GDP. This compares to Egypt's deficit of $27.7B, or 7.12% of GDP.

Over the past 26 years, Croatia recorded a fiscal deficit in 22 of those years, while Egypt ran a deficit in 24 years. On average, Croatia posted an annual deficit equal to 3.92% of GDP, compared to deficit of 6.86% of GDP for Egypt.

Inflation comparison by year

Inflation
Croatia

Egypt
1x
Year Consumer prices inflation
Croatia Egypt
2024 2.97% 28.3%
2023 7.94% 33.9%
2022 10.8% 13.9%
2021 2.55% 5.21%
2020 0.15% 5.04%
2019 0.77% 9.15%
2018 1.5% 14.4%
2017 1.13% 29.5%
2016 -1.12% 13.8%
2015 -0.46% 10.4%
2014 -0.22% 10.1%
2013 2.22% 9.47%
2012 3.41% 7.11%
2011 2.27% 10.1%
2010 1.03% 11.3%
2009 2.38% 11.8%
2008 6.08% 18.3%
2007 2.9% 9.32%
2006 3.19% 7.64%
2005 3.32% 4.87%
2004 2.06% 11.3%
2003 1.77% 4.51%
2002 1.67% 2.74%
2001 3.78% 2.27%
2000 4.61% 2.68%
1999 4.02% 3.08%
1998 6.4% 3.87%
1997 4.17% 4.63%

Data sources: World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06).

GeoRank.org/economy/croatia/egypt | CC BY

Over the past 28 years, Croatia has recorded an average annual inflation rate of 2.9%, compared with 10.7% in Egypt. In 2024, inflation was 2.97% in Croatia and 28.3% in Egypt.

Top exports between countries

Croatia
Export category Export value
Wood & paper products $70.9M
Machinery & equipment $29.1M
Transport & tourism services $4.21M
Raw agricultural goods $3.13M
Processed food, beverages & tobacco $2.97M
IT & IP services $2.11M
Textiles & consumer goods $1.45M
Raw materials & minerals $233K
Metals $138K
Business & finance services $114K
Egypt
Export category Export value
Raw materials & minerals $146M
Raw agricultural goods $19.3M
Chemicals & pharma $18.8M
Textiles & consumer goods $13.1M
Machinery & equipment $5.34M
Metals $3.86M
Processed food, beverages & tobacco $1.39M
Weapons & explosives $839K
Wood & paper products $79K
Miscellaneous $18K

Balance of trade

Croatia Egypt
Current account balance
-$1.05B
2024
-$22.3B
2024
Current account balance ranking
125/190
2024
184/190
2024
Current account balance, % of GDP
-1.13%
2024
-5.72%
2024
Goods imports
$41.5B
2024
$72.9B
2024
Goods exports
$21.9B
2024
$34.8B
2024
Service imports
$8.35B
2024
$27.5B
2024
Service exports
$24.7B
2024
$29.6B
2024
Imports of goods and services, % of GDP
54.8%
2024
23.2%
2024
Exports of goods and services, % of GDP
50.1%
2024
16.4%
2024

Economic freedom indices

The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.

Croatia Egypt
Economic freedom 67.5 50.3
Economic freedom ranking 56/197 160/197
Property rights 81.1 35.5
Government integrity 52.6 27.1
Judicial effectiveness 71.7 24
Tax burden 70 85.7
Government spending 34.9 83.4
Fiscal health 92.2 21.8
Business freedom 79.6 51.4
Labor freedom 58.9 43.1
Monetary freedom 69.9 56
Trade freedom 79.4 60.2
Investment freedom 60 65
Financial freedom 60 50

Economic freedom comparison by year

Croatia
Egypt
1x
Year Economic freedom index
Croatia Egypt
2026 67.5 50.3
2025 68.7 50.9
2024 67.2 49.7
2023 66.4 49.6
2022 67.6 49.1
2021 63.6 55.7
2020 62.2 54
2019 61.4 52.5
2018 61 53.4
2017 59.4 52.6
2016 59.1 56
2015 61.5 55.2
2014 60.4 52.9
2013 61.3 54.8
2012 60.9 57.9
2011 61.1 59.1
2010 59.2 59
2009 55.1 58
2008 54.1 58.5
2007 53.4 54.4
2006 53.6 53.2
2005 51.9 55.8
2004 53.1 55.5
2003 53.3 55.3
2002 51.1 54.1
2001 50.7 51.5
2000 53.6 51.7
1999 53.1 58
1998 51.7 55.8
1997 46.7 54.5
1996 48 52
1995 - 45.7

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09).

GeoRank.org/economy/croatia/egypt | CC BY

The Economic Freedom Index for Croatia is 67.5, ranking 56/197, compared to 50.3 for Egypt, ranking 160/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Croatia Egypt
Services, % of GDP
60.8%
2024
48.9%
2024
Industry, % of GDP
19.2%
2024
32.6%
2024
Agriculture, forestry, and fishing, % of GDP
2.9%
2024
13.7%
2024
GNI, Atlas method
$86B
2024
$409B
2024
GNI per capita, PPP
$49,740
2024
$18,230
2024
Total reserves including gold
$3.34B
2024
$44.9B
2024
Total reserves ranking
116/177
2024
44/177
2024
Net foreign direct investment
-$1.88B
2024
-$46.1B
2024
Net inflows of foreign direct investment
$4.54B
2024
$46.6B
2024
Net outflows of foreign direct investment
$2.79B
2024
$508M
2024
Servicing debt to the IMF, % of GNI n/a
8.86%
2024
Poverty at national poverty lines
20.3%
2023
33.5%
2021
Gross capital formation, % of GDP
24.4%
2024
13%
2024

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06); U.S. Census Bureau (1985–2024, retrieved 2026-02-08).

GeoRank.org/economy/croatia/egypt | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1960–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1992–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. TradeMap (2020–2024, retrieved 2026-02-08)
  6. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  7. LivingCost (2026, retrieved 2025-10-14)
  8. International Monetary Fund (IMF) | Public Finances in Modern History (1997, retrieved 2026-02-20)

Creative Commons Attribution (CC BY) — you’re free to copy, share, remix, adapt, and use even commercially as long as you give appropriate credit and clearly indicate if you made changes. Other sources may be subject to different license terms.

The current account balance is the sum of net trade in goods and services, net earnings from cross-border investments, and net transfer payments. It reflects a country's economic transactions with the rest of the world and is a fundamental component of the balance of payments. A surplus indicates that a country exports more than it imports, while a deficit shows the opposite.

Gross National Income (GNI) measures a country's total income. It encompasses income earned by residents, businesses, and foreign sources, defined as employee compensation and investment profits. GNI adds product taxes not included elsewhere and subtracts subsidies. It accounts for income from residents working abroad but excludes earnings from foreigners within the country.

A negative value for Net Foreign Direct Investment indicates a country is a net receiver of investments, as foreign inflows exceed outflows after Balance of Payments adjustments. A positive value indicates a net provider, with outflows exceeding inflows. Inflows are credits (increasing foreign claims on domestic assets), while outflows are debits (increasing domestic assets abroad).

Foreign direct investment (FDI, net inflows) shows how much capital foreign investors bring into a country after accounting for any funds that flow back in the opposite direction. It represents the net value of overseas companies establishing, expanding, or financing businesses in the reporting country. A positive number means more capital entered the country than was withdrawn, while a negative number means foreign investors pulled out more than they invested.

Foreign direct investment (FDI, net outflows) shows how much capital residents of a country invest abroad after accounting for any funds that flow back in the opposite direction. It represents the net value of domestic companies establishing, expanding, or financing businesses in other countries. A positive number means more capital was invested abroad than withdrawn, while a negative number means residents pulled back more than they invested.

Principal and interest payments to the IMF in currency, goods, or services on long-term debt expressed as a share of GNI.

Formerly gross domestic investment, gross capital formation measures the share of a country’s economic output invested in fixed assets, including buildings, machinery, and infrastructure. It indicates how much of the economy is devoted to building productive capacity.