Croatia vs Luxembourg: Economic Indicators Comparison

Luxembourg with a GDP of $70.9B ranked the 72nd largest economy in the world, while Croatia ranked 76th with $61B. By GDP 5-years average growth and GDP per capita, Luxembourg and Croatia ranked 88th vs 118th and 3rd vs 63rd, respectively.

Gross Domestic Product & Income

StatCroatiaLuxembourg
GDP$61B$70.9B
GDP growth, 1 year2.7%3%
GDP growth, 5-years average2.3%3%
Population4.1M626k
GDP per capita$15k$117k
GDP per capita growth3.51%1.18%
Purchasing Power Parity conversion factor3.390.87
Price level ratio of PPP conversion factor GDP to market exchange rate0.541.03
GDP per capita, PPP adjusted$26k$107k
GNI, Atlas method$57.2B$43.1B
GNI per capita$14k$71k
GNI, PPP adjusted$111.1B$43.9B
GNI per capita, PPP adjusted$27k$72k

Financial system and Human development

StatCroatiaLuxembourg
Income Tax Rate40%42%
Corporate Tax Rate18%18%
Inflation, consumer prices1.5%2%
Inflation, GDP deflator1.8%2.5%
Unemployment8.9%5.5%
Economic Freedom Index62.275.8
Personal Freedom Index8.089.1
Human Freedom Index7.468.46
Property Rights Index69.986.4
Judical Effectiveness Index39.674.4
Business Freedom Index53.666.8
Fiscal Health Index89.199
Labor Freedom Index4445.3
Investment Freedom Index7595
Financial Freedom Index6080
Trade Freedom Index86.486.4
Monetary Freedom Index77.676.4
Government Spending Index34.745.4
Tax Burden Index65.964.1
Government Integrity Index5190.3
Corruption Perceptions Index4881
Life expectancy at birth, years77.882.7
Suicide mortality rate, per 100,000 people16.513.5
Mortality caused by road traffic injury, per 100,000 people8.16.3
Intentional homicides, per 100,000 people1.10.3
International tourism, number of arrivals16.6M1M

Government debt & reserves

StatCroatiaLuxembourg
Central government debt, % of GDP73.9%21.8%
External debt stocks, % of GNIN/AN/A
External debt stocksN/AN/A
Short-term debt, % of total reservesN/AN/A
Total debt service, % of exports and primary incomeN/AN/A
Adjusted net savings including particulate emission damage, % of GNI10.8%20.9%
Gross savings, % of GDP24.2%17.4%
Gross capital formation, % of GDP23.1%17.6%
Total reserves including gold$20B$938.9M
Foreign direct investment net inflows$1.3B-$5.6B

Exports, imports and economic structure

StatCroatiaLuxembourg
Exports of goods and services, % of GDP50.5%211.6%
Imports of goods and services, % of GDP51.4%175.5%
Current account balance (balance of payments)$1.5B$3.4B
Revenue excluding grants, % of GDP39.7%40.9%
Grants excluding technical cooperation, BoP$260kN/A
Personal remittances received$2.9B$2.1B
Industry including construction value added, % of GDP20.4%11.8%
Agriculture, forestry and fishing value added, % of GDP2.9%0.2%
Charges for the use of intellectual property, payments BoP$309.7M$5B
Charges for the use of intellectual property, receipts BoP$63.2M$2.4B
Expense, % of GDP38.5%38.7%
Government Expenditure, % of GDP46.6%42.7%

Compare with countries close by GDP per capita

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

Luxembourg vs

CountryGDP
per capita
Population
Monaco
$186k
38.7k
Liechtenstein
$165k
37.9k
Switzerland
$83k
8.47M
Norway
$82k
5.37M
Cayman Islands
$81k
58.4k
Ireland
$79k
4.76M
Iceland
$73k
357k
Qatar
$69k
2.64M
Singapore
$65k
5.89M
United States
$63k
325M
Denmark
$61k
5.83M
Australia
$57k
24.5M
Sweden
$55k
10.3M
Netherlands
$53k
17.3M
Austria
$51k
8.81M
Finland
$50k
5.5M
San Marino
$48k
33.4k
Germany
$48k
83.1M
Belgium
$48k
11.4M
Canada
$46k
37.9M
United Arab Emirates
$43k
9.4M
United Kingdom
$43k
66M
Andorra
$42k
76.2k
New Zealand
$42k
4.94M
Israel
$42k
9.09M
France
$41k
66.6M
Japan
$39k
127M
Italy
$34k
60.3M
Kuwait
$34k
4.6M
Bahamas
$32k
395k