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Economy of Croatia vs France compared: GDP & Debt

Updated on by Georank

Croatia has a GDP of $105B compared to $3.37T for France, ranking 73/197 and 7/197 by economy size, respectively.

Croatia has $58.7B in government debt (55.9% of GDP), compared to $3.9T (116% of GDP) in France.

Croatia vs France GDP by year

Croatia
France
1x
Year GDP, current $
Croatia France
2025 $105,060,182,186 $3,366,315,927,447
2024 $92,981,894,168 $3,160,442,622,465
2023 $85,621,337,533 $3,056,250,648,138
2022 $71,196,460,237 $2,794,788,137,067
2021 $69,002,262,505 $2,966,433,692,008
2020 $57,959,824,238 $2,647,926,055,110
2019 $61,467,261,345 $2,722,793,515,172
2018 $61,668,280,700 $2,781,576,320,884
2017 $56,182,225,079 $2,588,868,323,335
2016 $52,650,804,052 $2,470,407,619,777
2015 $50,999,271,059 $2,442,483,452,643
2014 $59,607,109,597 $2,861,236,112,552
2013 $59,846,869,999 $2,816,077,607,875
2012 $57,547,495,860 $2,683,007,095,787
2011 $62,889,150,894 $2,870,408,553,990
2010 $58,975,127,201 $2,646,230,027,988
2009 $62,315,450,611 $2,700,075,882,519
2008 $68,473,103,477 $2,926,802,941,586
2007 $59,290,547,254 $2,655,816,911,867
2006 $49,583,643,048 $2,317,861,544,691
2005 $45,012,776,906 $2,192,146,403,028
2004 $41,836,096,243 $2,109,792,297,237
2003 $35,244,797,329 $1,835,095,983,049
2002 $26,757,633,353 $1,492,427,756,382
2001 $23,067,071,478 $1,370,376,677,299
2000 $22,134,069,750 $1,360,959,069,477
1999 $23,776,940,769 $1,486,915,879,702
1998 $25,889,813,449 $1,496,906,382,032
1997 $24,175,272,572 $1,449,392,222,971
1996 $24,151,469,717 $1,598,889,216,566
1995 $22,772,224,146 $1,595,219,345,512
1994 $15,062,911,617 $1,385,822,778,828
1993 $11,259,647,874 $1,314,383,368,080
1992 $10,621,169,291 $1,389,663,073,110
1991 $18,760,386,775 $1,258,961,748,634
1990 $25,650,213,280 $1,257,649,439,827
1989 - $1,016,742,237,302
1988 - $1,010,827,662,152
1987 - $926,320,855,615
1986 - $764,946,585,851
1985 - $547,220,981,165
1984 - $525,033,325,828
1983 - $553,356,312,936
1982 - $578,152,310,610
1981 - $609,184,791,792
1980 - $694,529,183,483
1979 - $608,218,624,730
1978 - $501,724,418,605
1977 - $406,401,711,688
1976 - $368,363,152,144
1975 - $357,324,307,786
1974 - $282,739,225,314
1973 - $261,970,536,240
1972 - $201,738,881,664
1971 - $164,694,210,962
1970 - $147,312,861,698
1969 - $140,660,914,841
1968 - $128,710,572,572
1967 - $118,088,635,381
1966 - $109,306,730,313
1965 - $100,927,668,584
1964 - $93,424,179,943
1963 - $84,227,606,650
1962 - $75,196,980,365
1961 - $67,158,050,215
1960 - $61,959,085,885

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

GDP per capita in Croatia vs France by year

Croatia
GDP per capita

GDP per capita, PPP
France
GDP per capita

GDP per capita, PPP
1x
Year Current $
Croatia France
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2025 $27,104 - $48,986 -
2024 $24,050 $49,551 $46,103 $62,557
2023 $22,183 $47,760 $44,700 $60,839
2022 $18,466 $42,125 $40,989 $57,043
2021 $17,789 $36,930 $43,725 $52,517
2020 $14,808 $31,594 $39,170 $49,482
2019 $15,564 $33,064 $40,408 $51,130
2018 $15,460 $29,789 $41,418 $46,381
2017 $13,902 $27,888 $38,687 $44,469
2016 $12,820 $25,803 $37,024 $42,880
2015 $12,284 $23,750 $36,702 $40,905
2014 $14,187 $22,706 $43,148 $40,218
2013 $14,135 $22,430 $42,669 $39,583
2012 $13,508 $21,619 $40,864 $37,671
2011 $14,692 $21,191 $43,930 $37,510
2010 $13,730 $20,139 $40,695 $35,908
2009 $14,475 $20,358 $41,728 $34,685
2008 $15,888 $21,018 $45,465 $35,053
2007 $13,756 $19,568 $41,486 $34,066
2006 $11,501 $17,629 $36,432 $32,424
2005 $10,443 $15,451 $34,696 $30,431
2004 $9,719 $14,686 $33,645 $28,921
2003 $8,190 $13,692 $29,480 $28,024
2002 $6,220 $12,775 $24,145 $28,350
2001 $5,365 $11,653 $22,332 $27,347
2000 $4,954 $10,675 $22,341 $26,007
1999 $5,269 $9,943 $24,576 $24,204
1998 $5,712 $9,890 $24,869 $23,263
1997 $5,331 $9,536 $24,169 $22,190
1996 $5,300 $8,806 $26,758 $21,268
1995 $4,929 $8,052 $26,792 $20,701
1994 $3,238 $7,337 $23,360 $19,892
1993 $2,448 $6,861 $22,239 $19,094
1992 $2,321 $7,326 $23,615 $18,801
1991 $4,001 $7,918 $21,501 $18,198
1990 $5,369 $9,526 $21,586 $17,475
1989 - - $17,547 -
1988 - - $17,550 -
1987 - - $16,176 -
1986 - - $13,430 -
1985 - - $9,657 -
1984 - - $9,312 -
1983 - - $9,862 -
1982 - - $10,360 -
1981 - - $10,956 -
1980 - - $12,565 -
1979 - - $11,063 -
1978 - - $9,167 -
1977 - - $7,459 -
1976 - - $6,792 -
1975 - - $6,617 -
1974 - - $5,261 -
1973 - - $4,907 -
1972 - - $3,809 -
1971 - - $3,137 -
1970 - - $2,833 -
1969 - - $2,729 -
1968 - - $2,518 -
1967 - - $2,328 -
1966 - - $2,173 -
1965 - - $2,024 -
1964 - - $1,891 -
1963 - - $1,723 -
1962 - - $1,554 -
1961 - - $1,402 -
1960 - - $1,307 -

Data sources: World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08).

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

Croatia's GDP per capita is $27,104, ranking 49/197, compared to $48,986 in France, ranking 27/197. Adjusted for purchasing power (GDP per capita PPP), Croatia ranks 46th at $49,551, while France ranks 30th at $62,557.

Economic indicators

Croatia France
Gross domestic product
$105B
2025
$3.37T
2025
GDP rank
73/197
2025
7/197
2025
GDP growth
3.4%
2024-2025
0.84%
2024-2025
GDP per capita
$27,104
2025
$48,986
2025
GDP per capita rank
49/197
2025
27/197
2025
GDP per capita, PPP
$49,551
2024
$62,557
2024
GDP per capita PPP rank
46/197
2024
30/197
2024
Government debt
$58.7B
2025
$3.9T
2025
Debt-to-GDP ratio
55.9%
2025
116%
2025
Government debt per person
$15,144
2025
$56,819
2025
Government debt per person rank
44/185
2025
8/185
2025
Average annual personal income after taxes
$20,376
2026
$35,062
2026
Market capitalization of domestic companies
$37.9B
2025
$2.37T
2018
Number of millionaires n/a
2,388,000
2026
Number of billionaires
1
2026
51
2026
Income share by richest 10%
23.3%
2023
25%
2023
Income share by poorest 10%
2.9%
2023
3%
2023
Government expenditure, % of GDP
49.3%
2025
57.5%
2025
Consumer prices inflation
3.69%
2024-2025
0.94%
2024-2025
Unemployment rate
4.9%
2025
7.7%
2025
Population
3849788
68871753

Spending and national debt comparison by year

Croatia
Spending

Debt
France
Spending

Debt
1x
Year % of GDP
Croatia France
Government spending Government debt Government spending Government debt
2025 49.3% 55.9% 57.5% 116%
2024 48% 57.4% 57.3% 113.2%
2023 46.3% 60.9% 56.8% 109.6%
2022 45% 68.5% 58.4% 111.4%
2021 48.2% 78.2% 59.5% 112.8%
2020 53.8% 86.5% 61.7% 114.9%
2019 44.4% 70.9% 55.3% 98.2%
2018 45% 72.8% 56.4% 98.5%
2017 44.1% 76.2% 57.7% 98.8%
2016 45.9% 79.3% 57.4% 98.1%
2015 47.6% 82.8% 57.6% 97%
2014 48.7% 83.2% 58.4% 96.2%
2013 48% 79.5% 58.6% 94.6%
2012 47.3% 68.9% 57.9% 91.7%
2011 48.6% 63.1% 57% 88.7%
2010 48.2% 56.8% 57.7% 86.3%
2009 49.3% 47.9% 58% 84.1%
2008 46.3% 38.9% 54.3% 69.8%
2007 46.4% 37.1% 53.6% 65.5%
2006 44.6% 38.4% 53.7% 65.4%
2005 46.5% 40.9% 54.3% 68.2%
2004 49% 40% 54% 66.9%
2003 49.6% 37.8% 54.4% 65.4%
2002 49.2% 36.5% 53.9% 61.3%
2001 50.6% 36.6% 52.8% 59.3%
2000 54.6% 35.4% 52.6% 59.7%
1999 58.9% 30% 53.7% 61.4%
1998 56.8% 23.3% 54% 62.1%
1997 51.7% 22.5% 55.6% 62%
1996 52.1% - 56% 60.6%
1995 50.3% - 56% 57.8%
1994 45.4% - 55.9% 51.6%
1993 35.9% - 56.5% 48.2%
1992 37.1% - 54% 41.7%
1991 - - 52.7% 37.8%
1990 - - 51.6% 36.8%
1989 - - 48.9% 34%
1988 - - 50.1% 33.3%
1987 - - 50.7% 33.4%
1986 - - 51.3% 31.1%
1985 - - 51.9% 30.6%
1984 - - 51.2% 29%
1983 - - 50.2% 26.6%
1982 - - 49.9% 25.3%
1981 - - 48.5% 22%
1980 - - 46% 20.7%
1979 - - 44.9% 21.1%
1978 - - 44.7% 21.2%
1977 - - 21.4% 15%
1976 - - 21.7% 15.1%
1975 - - 22% 16.1%
1974 - - 19.9% 15.4%
1973 - - 19.7% 15.8%
1972 - - 19.8% 17.7%
1971 - - 20% 20.1%
1970 - - 20.5% 21%
1969 - - 21.5% 14.4%
1968 - - 22.7% 15.8%
1967 - - 21.4% 16.1%
1966 - - 21.4% 15.3%
1965 - - 21.1% 17.6%
1964 - - 21% 19.6%
1963 - - 22.6% 22.2%
1962 - - 21.7% 23.6%
1961 - - 21.9% 26.3%
1960 - - 22.2% 28.5%

Data sources: International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08); International Monetary Fund (IMF) | Public Finances in Modern History (1960–1997, retrieved 2026-07-08).

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

In 2025, Croatia's government spending was $51.8B, accounting for 49.3% of its GDP, while France spent $1.93T, or 57.5% of GDP.

Debt-to-GDP ratio is 55.9% in Croatia and 116% in France, ranking 87/185 and 13/185, respectively.

Government deficit by year

Deficit/surplus
Croatia

France
1x
Year Deficit/surplus, % of GDP
Croatia France
2025 -2.89% -5.11%
2024 -1.95% -5.79%
2023 -0.79% -5.44%
2022 0.14% -4.74%
2021 -2.57% -6.58%
2020 -7.24% -8.93%
2019 2.32% -2.39%
2018 0.22% -2.32%
2017 0.81% -3.36%
2016 -1.04% -3.76%
2015 -3.53% -3.89%
2014 -5.19% -4.57%
2013 -5.51% -4.94%
2012 -5.46% -5.17%
2011 -7.51% -5.3%
2010 -6.45% -7.16%
2009 -7.15% -7.38%
2008 -2.33% -3.5%
2007 -2.27% -2.99%
2006 -2% -2.66%
2005 -3.24% -3.5%
2004 -6.09% -3.55%
2003 -5.03% -4.09%
2002 -4.9% -3.18%
2001 -4.79% -1.42%
2000 -9.2% -1.32%
1999 -11.1% -1.55%
1998 -6.36% -2.39%
1997 -4.93% -3.71%
1996 -4.41% -3.89%
1995 -4.23% -5.11%
1994 -0.82% -5.46%
1993 -2.67% -6.4%
1992 -5.69% -4.64%
1991 - -2.89%
1990 - -2.45%
1989 - -1.9%
1988 - -2.7%
1987 - -2.13%
1986 - -3.3%
1985 - -3.08%
1984 - -2.8%
1983 - -2.58%
1982 - -2.91%
1981 - -2.39%
1980 - -0.27%
1979 - -0.36%
1978 - -1.73%
1977 - 0.9%
1976 - 1.01%
1975 - -0.28%
1974 - 3.05%
1973 - 1.97%
1972 - 1.94%
1971 - -0.13%
1970 - 0.02%
1969 - -0.49%
1968 - -2.54%
1967 - -0.8%
1966 - -0.57%
1965 - -0.07%
1964 - -0.25%
1963 - -2.24%
1962 - -1.53%
1961 - -1.36%
1960 - -1.95%
1959 - 0.56%
1958 - 0.08%
1957 - -1.99%
1956 - -2.62%
1955 - -1.04%
1954 - -0.78%
1953 - -4.79%
1952 - -6.82%
1951 - -4.42%
1950 - -5.56%
1949 - -7.31%
1948 - -9.11%
1947 - -7.6%
1946 - -8.1%
1945 - -
1944 - -
1943 - -
1942 - -
1941 - -
1940 - -
1939 - -
1938 - -
1937 - -6.89%
1936 - -4.76%
1935 - -4.22%
1934 - -4.31%
1933 - -4.96%
1932 - -1.86%
1931 - -2.06%
1930 - -1.65%
1929 - 1.48%
1928 - 1.13%
1927 - -0.04%
1926 - -0.02%
1925 - -0.87%
1924 - -
1923 - -
1922 - -
1921 - -
1920 - -
1919 - -
1918 - -
1917 - -
1916 - -
1915 - -
1914 - -
1913 - 0.05%
1912 - 0.23%
1911 - 0.31%
1910 - -0.12%
1909 - -0.11%
1908 - -0.15%
1907 - 0.23%
1906 - -0.04%
1905 - 0.18%
1904 - 0.3%
1903 - 0.21%
1902 - -0.37%
1901 - -0.39%
1900 - 0.21%
1899 - 0.21%
1898 - 0.29%
1897 - 0.01%
1896 - -0.03%
1895 - -0.07%
1894 - -0.08%
1893 - -0.3%
1892 - -0.03%
1891 - 0.36%
1890 - 0.31%
1889 - 0.09%
1888 - 0.18%
1887 - -0.07%
1886 - -0.5%
1885 - -0.59%
1884 - -0.35%
1883 - -0.23%
1882 - -0.15%
1881 - 0.64%
1880 - 0.65%

Data sources: International Monetary Fund (IMF) | Public Finances in Modern History (1880–1989, retrieved 2026-07-08); International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08).

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

In 2025, Croatia's government deficit, the difference between spending and revenue, was $3.04B, equivalent to 2.89% of GDP. This compares to France's deficit of $172B, or 5.11% of GDP.

Over the past 34 years, Croatia recorded a fiscal deficit in 30 of those years, while France ran a deficit in 34 years. On average, Croatia posted an annual deficit equal to 3.94% of GDP, compared to deficit of 4.3% of GDP for France.

Inflation comparison by year

Inflation
Croatia

France
1x
Year Consumer prices inflation
Croatia France
2025 3.69% 0.94%
2024 2.97% 2%
2023 7.94% 4.88%
2022 10.8% 5.22%
2021 2.55% 1.64%
2020 0.15% 0.48%
2019 0.77% 1.11%
2018 1.5% 1.85%
2017 1.13% 1.03%
2016 -1.12% 0.18%
2015 -0.46% 0.04%
2014 -0.22% 0.51%
2013 2.22% 0.86%
2012 3.41% 1.95%
2011 2.27% 2.11%
2010 1.03% 1.53%
2009 2.38% 0.09%
2008 6.08% 2.81%
2007 2.9% 1.49%
2006 3.19% 1.68%
2005 3.32% 1.75%
2004 2.06% 2.14%
2003 1.77% 2.1%
2002 1.67% 1.92%
2001 3.78% 1.63%
2000 4.61% 1.68%
1999 4.02% 0.54%
1998 6.4% 0.65%
1997 4.17% 1.2%

Data sources: World Bank | Economy & Growth (1997–2025, retrieved 2026-07-08).

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

Over the past 29 years, Croatia has recorded an average annual inflation rate of 2.93%, compared with 1.59% in France. In 2025, inflation was 3.69% in Croatia and 0.94% in France.

Top exports between countries

Croatia
Export category Export value
Transport & tourism services $538M
Machinery & equipment $244M
Textiles & consumer goods $120M
Chemicals & pharma $95.1M
Metals $94.8M
Business & finance services $83.3M
Processed food, beverages & tobacco $65.2M
Wood & paper products $44.5M
IT & IP services $24.9M
Manufacturing & construction services $21.6M
France
Export category Export value
Machinery & equipment $412M
Chemicals & pharma $364M
Business & finance services $141M
Transport & tourism services $105M
Processed food, beverages & tobacco $94.8M
Textiles & consumer goods $77.6M
Metals $50.5M
Animal & marine products $33M
Raw agricultural goods $31M
Raw materials & minerals $26.8M

Balance of trade

Croatia France
Current account balance
-$1.93B
2024
-$9.24B
2025
Current account balance ranking
141/190
2024
173/190
2025
Current account balance, % of GDP
-2.08%
2024
-0.27%
2025
Goods imports
$42.5B
2024
$770B
2025
Goods exports
$21.9B
2024
$704B
2025
Service imports
$8.42B
2024
$370B
2025
Service exports
$24.8B
2024
$429B
2025
Imports of goods and services, % of GDP
53%
2025
33.8%
2025
Exports of goods and services, % of GDP
48%
2025
33.4%
2025

Economic freedom indices

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

Croatia France
Economic freedom 67.5 64.6
Economic freedom ranking 56/197 72/197
Property rights 81.1 91.2
Government integrity 52.6 73.4
Judicial effectiveness 71.7 84.7
Tax burden 70 54.6
Government spending 34.9 0.9
Fiscal health 92.2 34.8
Business freedom 79.6 78.4
Labor freedom 58.9 59.1
Monetary freedom 69.9 73.2
Trade freedom 79.4 79.4
Investment freedom 60 75
Financial freedom 60 70

Economic freedom comparison by year

Croatia
France
1x
Year Economic freedom index
Croatia France
2026 67.5 64.6
2025 68.7 64.4
2024 67.2 62.5
2023 66.4 63.6
2022 67.6 65.9
2021 63.6 65.7
2020 62.2 66
2019 61.4 63.8
2018 61 63.9
2017 59.4 63.3
2016 59.1 62.3
2015 61.5 62.5
2014 60.4 63.5
2013 61.3 64.1
2012 60.9 63.2
2011 61.1 64.6
2010 59.2 64.2
2009 55.1 63.3
2008 54.1 64.7
2007 53.4 62.1
2006 53.6 61.1
2005 51.9 60.5
2004 53.1 60.9
2003 53.3 59.2
2002 51.1 58
2001 50.7 58
2000 53.6 57.4
1999 53.1 59.1
1998 51.7 58.9
1997 46.7 59.1
1996 48 63.7
1995 - 64.4

Data sources: The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08).

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

The Economic Freedom Index for Croatia is 67.5, ranking 56/197, compared to 64.6 for France, ranking 72/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Croatia France
Services, % of GDP
60.9%
2025
70.9%
2025
Industry, % of GDP
19%
2025
16.8%
2025
Agriculture, forestry, and fishing, % of GDP
2.83%
2025
1.4%
2025
GNI, Atlas method
$98.3B
2025
$3.34T
2025
GNI per capita, PPP
$50,410
2025
$65,110
2025
Total reserves including gold
$4.22B
2025
$428B
2025
Total reserves ranking
110/177
2025
12/177
2025
Net foreign direct investment
-$1.74B
2024
$7.24B
2025
Net inflows of foreign direct investment
$4.54B
2024
$52.1B
2024
Net outflows of foreign direct investment
$2.79B
2024
$41.7B
2024
Poverty at national poverty lines
20.3%
2024
15.6%
2021
Gross capital formation, % of GDP
24.6%
2025
21.9%
2025

GDP per capita map

1x

Data sources: World Bank | Economy & Growth (1985–2025, retrieved 2026-07-08); U.S. Census Bureau (1985–2025, retrieved 2026-07-08).

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

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Data sources:

  1. World Bank | Economy & Growth (1960–2025, retrieved 2026-07-08)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1990–2025, retrieved 2026-07-08)
  3. International Monetary Fund (IMF) | Public Finances in Modern History (1880–1997, retrieved 2026-07-08)
  4. The Heritage Foundation | Economic Freedom Index (1995–2026, retrieved 2026-07-08)
  5. U.S. Census Bureau (1985–2025, retrieved 2026-07-08)
  6. TradeMap (2024–2025, retrieved 2026-07-08)
  7. United Nations | World Population Prospects (2026, retrieved 2026-07-08)
  8. LivingCost (2026, retrieved 2026-07-08)

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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.

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.