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Economy of Croatia vs Nauru compared: GDP & Debt

Updated on by Georank team

Croatia has a GDP of $93B compared to $163M for Nauru, ranking 75/197 and 195/197 by economy size, respectively.

Croatia has $53.5B in government debt (57.6% of GDP), compared to $28.3M (17.4% of GDP) in Nauru.

Croatia vs Nauru GDP by year

Croatia
Nauru
1x
Year GDP, current $
Croatia Nauru
2024 $92,983,810,329 $162,588,621
2023 $85,624,153,964 $151,435,610
2022 $71,196,498,671 $152,373,434
2021 $69,002,365,163 $175,390,281
2020 $57,959,843,541 $124,685,688
2019 $61,466,721,186 $125,160,116
2018 $61,667,925,219 $130,995,566
2017 $56,182,782,586 $109,355,639
2016 $52,650,714,172 $97,541,943
2015 $50,998,893,385 $84,863,441
2014 $59,606,934,501 $99,149,244
2013 $59,846,265,182 $94,385,015
2012 $57,548,115,904 $101,055,723
2011 $62,889,007,657 $65,071,880
2010 $58,975,205,417 $47,562,845
2009 $62,315,996,675 $44,176,246
2008 $68,472,854,617 $37,602,265
2007 $59,290,621,398 $22,766,972
2006 $49,583,544,860 $29,200,359
2005 $45,013,119,282 $30,070,666
2004 $41,836,292,157 $30,587,566
2003 $35,245,317,002 $24,778,160
2002 $26,757,722,429 $21,017,424
2001 $23,066,883,850 $22,613,288
2000 $22,134,411,297 $26,930,980
1999 $23,777,026,779 $27,328,613
1998 $25,890,228,430 $29,664,451
1997 $24,175,764,812 $37,331,507
1996 $24,150,978,347 $37,458,801
1995 $22,772,394,547 $39,969,706
1994 $15,062,911,617 $39,742,511
1993 $11,259,647,874 $43,542,088
1992 $10,621,169,291 $51,133,123
1991 $18,760,386,775 $52,533,789
1990 $25,650,213,280 $55,572,376
1989 - $53,736,786
1988 - $45,931,134
1987 - $40,118,410
1986 - $39,939,391
1985 - $41,548,741
1984 - $47,363,231
1983 - $48,439,093
1982 - $52,877,742
1981 - $51,689,637
1980 - $46,947,124
1979 - $44,431,330
1978 - $41,754,147
1977 - $40,444,702
1976 - $40,287,427
1975 - $40,106,776
1974 - $35,994,511
1973 - $26,529,817
1972 - $21,734,269
1971 - $19,009,433
1970 - $17,570,366

Data sources: World Bank | Economy & Growth (1970–2024, retrieved 2026-04-06).

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

GDP per capita in Croatia vs Nauru by year

Croatia
GDP per capita

GDP per capita, PPP
Nauru
GDP per capita

GDP per capita, PPP
1x
Year Current $
Croatia Nauru
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $24,050 $49,551 $13,609 $14,173
2023 $22,184 $47,760 $12,752 $13,732
2022 $18,466 $42,125 $12,912 $13,245
2021 $17,789 $36,930 $14,979 $12,112
2020 $14,808 $31,594 $10,709 $10,811
2019 $15,564 $33,064 $10,802 $10,555
2018 $15,460 $29,789 $11,414 $9,657
2017 $13,902 $27,888 $9,657 $9,650
2016 $12,820 $25,803 $8,748 $10,281
2015 $12,284 $23,750 $7,747 $9,955
2014 $14,187 $22,706 $9,230 $9,726
2013 $14,135 $22,430 $8,975 $8,429
2012 $13,508 $21,619 $9,843 $8,153
2011 $14,692 $21,191 $6,444 $6,544
2010 $13,730 $20,139 $4,736 $5,620
2009 $14,475 $20,358 $4,411 $5,568
2008 $15,888 $21,018 $3,757 $5,863
2007 $13,756 $19,568 $2,272 $4,789
2006 $11,501 $17,629 $2,910 $5,975
2005 $10,444 $15,451 $2,992 $5,336
2004 $9,719 $14,686 $3,041 $5,169
2003 $8,190 $13,692 $2,463 $5,261
2002 $6,220 $12,775 $2,085 $5,132
2001 $5,365 $11,653 $2,232 $5,587
2000 $4,954 $10,675 $2,649 $5,838
1999 $5,269 $9,943 $2,683 $6,118
1998 $5,713 $9,890 $2,909 $6,450
1997 $5,331 $9,536 $3,661 $7,231
1996 $5,300 $8,806 $3,679 $7,818
1995 $4,929 $8,052 $3,932 $8,726
1994 $3,238 $7,337 $3,921 $9,308
1993 $2,448 $6,861 $4,310 $9,513
1992 $2,321 $7,326 $5,103 $11,167
1991 $4,001 $7,918 $5,333 $13,265
1990 $5,369 $9,526 $5,776 $16,215
1989 - - $5,723 -
1988 - - $5,012 -
1987 - - $4,485 -
1986 - - $4,569 -
1985 - - $4,859 -
1984 - - $5,654 -
1983 - - $5,896 -
1982 - - $6,577 -
1981 - - $6,594 -
1980 - - $6,138 -
1979 - - $5,950 -
1978 - - $5,721 -
1977 - - $5,646 -
1976 - - $5,703 -
1975 - - $5,740 -
1974 - - $5,199 -
1973 - - $3,864 -
1972 - - $3,191 -
1971 - - $2,811 -
1970 - - $2,619 -

Data sources: World Bank | Economy & Growth (1970–2024, retrieved 2026-04-06).

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

Croatia's GDP per capita is $24,050, ranking 50/197, compared to $13,609 in Nauru, ranking 74/197. Adjusted for purchasing power (GDP per capita PPP), Croatia ranks 46th at $49,551, while Nauru ranks 119th at $14,173.

Economic indicators

Croatia Nauru
Gross domestic product
$93B
2024
$163M
2024
GDP rank
75/197
2024
195/197
2024
GDP growth
3.83%
2023-2024
1.39%
2023-2024
GDP per capita
$24,050
2024
$13,609
2024
GDP per capita rank
50/197
2024
74/197
2024
GDP per capita, PPP
$49,551
2024
$14,173
2024
GDP per capita PPP rank
46/197
2024
119/197
2024
Government debt
$53.5B
2024
$28.3M
2024
Debt-to-GDP ratio
57.6%
2024
17.4%
2024
Government debt per person
$13,844
2024
$2,367
2024
Government debt per person rank
42/185
2024
113/185
2024
Average annual personal income after taxes
$20,856
2026
$8,783
2026
Market capitalization of domestic companies
$27.8B
2024
n/a
Number of billionaires
1
2025
n/a
Income share by richest 10%
23.3%
2023
25.3%
2012
Income share by poorest 10%
2.9%
2023
3.4%
2012
Government expenditure, % of GDP
48%
2024
122.1%
2024
Consumer prices inflation
2.97%
2023-2024
9.3%
2023-2024
Unemployment rate
5.03%
2024
5.06%
2021
Population
3812193
12125

Spending and national debt comparison by year

Croatia
Spending

Debt
Nauru
Spending

Debt
1x
Year % of GDP
Croatia Nauru
Government spending Government debt Government spending Government debt
2024 48% 57.6% 122.1% 17.4%
2023 46.8% 61.8% 118.1% 20.5%
2022 45% 68.5% 134.8% 22.4%
2021 48.1% 78.2% 93% 20.5%
2020 53.7% 86.5% 109.4% 56.3%
2019 44.3% 70.9% 106% 59.6%
2018 44.9% 72.8% 90.8% 71.1%
2017 44.1% 76.2% 102.3% 78%
2016 45.9% 79.3% 96% 86.3%
2015 47.5% 82.8% 85.4% 113%
2014 48.7% 83.2% 61.3% 147.7%
2013 47.9% 79.5% 66% 166.9%
2012 47.3% 68.9% 46% 157.3%
2011 48.6% 63.1% 44.7% 236.8%
2010 48.1% 56.8% 73.8% 298.9%
2009 49.2% 47.9% 68% 295.6%
2008 46.3% 38.9% - -
2007 46.3% 37.1% - -
2006 44.6% 38.4% - -
2005 46.5% 40.9% - -
2004 49% 40% - -
2003 49.6% 37.8% - -
2002 49.2% 36.5% - -
2001 50.6% 36.6% - -
2000 54.6% 35.4% - -
1999 58.9% 30% - -
1998 56.8% 23.3% - -
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/nauru | CC BY

In 2024, Croatia's government spending was $44.6B, accounting for 48% of its GDP, while Nauru spent $199M, or 122.1% of GDP.

Debt-to-GDP ratio is 57.6% in Croatia and 17.4% in Nauru, ranking 86/185 and 176/185, respectively.

Government deficit by year

Deficit/surplus
Croatia

Nauru
1x
Year Deficit/surplus, % of GDP
Croatia Nauru
2024 -1.95% 29.8%
2023 -0.79% 19.4%
2022 0.12% 24.3%
2021 -2.58% 44.5%
2020 -7.23% 42.8%
2019 2.31% 31%
2018 0.23% 29.6%
2017 0.8% 16.2%
2016 -1.04% 18.9%
2015 -3.53% 10.7%
2014 -5.19% 29.6%
2013 -5.52% 1.71%
2012 -5.46% 8.12%
2011 -7.53% 2.73%
2010 -6.46% 0.09%
2009 -7.15% 0.37%
2008 -2.34% -
2007 -2.28% -
2006 -2.01% -
2005 -3.24% -
2004 -6.09% -
2003 -5.03% -
2002 -4.9% -
2001 -4.79% -
2000 -9.2% -
1999 -11.1% -
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/nauru | 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 Nauru's surplus of $48.4M, or 29.8% of GDP.

Over the past 16 years, Croatia recorded a fiscal deficit in 12 of those years, while Nauru ran a deficit in 0 years. On average, Croatia posted an annual deficit equal to 3.19% of GDP, compared to surplus of 19.4% of GDP for Nauru.

Inflation comparison by year

Inflation
Croatia

Nauru
1x
Year Consumer prices inflation
Croatia Nauru
2024 2.97% 9.3%
2023 7.94% 4.8%
2022 10.8% 1.1%
2021 2.55% 2%
2020 0.15% 0.9%
2019 0.77% 4.1%
2018 1.5% 1.1%
2017 1.13% 4.5%
2016 -1.12% 8.1%
2015 -0.46% 9.8%
2014 -0.22% 0.3%
2013 2.22% -1.1%
2012 3.41% 0.3%
2011 2.27% -3.4%
2010 1.03% -2%
2009 2.38% 22.4%
2008 6.08% 1%
2007 2.9% 5.6%
2006 3.19% 19.3%
2005 3.32% 8.7%
2004 2.06% -
2003 1.77% -
2002 1.67% -
2001 3.78% -
2000 4.61% -
1999 4.02% -
1998 6.4% -
1997 4.17% -

Data sources: World Bank | Economy & Growth (1997–2024, retrieved 2026-04-06); International Monetary Fund (IMF) | World Economic Outlook (2005–2024, retrieved 2026-02-20).

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

Over the past 20 years, Croatia has recorded an average annual inflation rate of 2.64%, compared with 4.84% in Nauru. In 2024, inflation was 2.97% in Croatia and 9.3% in Nauru.

Balance of trade

Croatia Nauru
Current account balance
-$1.05B
2024
$9.73M
2024
Current account balance ranking
125/190
2024
75/190
2024
Current account balance, % of GDP
-1.13%
2024
+5.98%
2024
Goods imports
$41.5B
2024
$92.7M
2024
Goods exports
$21.9B
2024
$25.5M
2024
Service imports
$8.35B
2024
$88.2M
2024
Service exports
$24.7B
2024
$64.6M
2024
Imports of goods and services, % of GDP
54.8%
2024
110.5%
2024
Exports of goods and services, % of GDP
50.1%
2024
55.3%
2024

Economic freedom indices

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

Croatia Nauru
Economic freedom 67.5 60
Economic freedom ranking 56/197 97/197
Property rights 81.1 n/a
Government integrity 52.6 n/a
Judicial effectiveness 71.7 n/a
Tax burden 70 n/a
Government spending 34.9 n/a
Fiscal health 92.2 n/a
Business freedom 79.6 n/a
Labor freedom 58.9 n/a
Monetary freedom 69.9 n/a
Trade freedom 79.4 n/a
Investment freedom 60 n/a
Financial freedom 60 n/a

Other economic metrics

Croatia Nauru
Services, % of GDP
60.8%
2024
n/a
Industry, % of GDP
19.2%
2024
n/a
Agriculture, forestry, and fishing, % of GDP
2.9%
2024
n/a
GNI, Atlas method
$86B
2024
$244M
2024
GNI per capita, PPP
$49,740
2024
$21,970
2024
Total reserves including gold
$3.34B
2024
n/a
Total reserves ranking
116/177
2024
n/a
Net foreign direct investment
-$1.88B
2024
$4.51M
2024
Net inflows of foreign direct investment
$4.54B
2024
-$5.85M
2024
Net outflows of foreign direct investment
$2.79B
2024
-$1.34M
2024
Poverty at national poverty lines
20.3%
2023
n/a
Gross capital formation, % of GDP
24.4%
2024
n/a

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/nauru | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1970–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1992–2024, retrieved 2026-02-20)
  3. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  4. The Heritage Foundation | Economic Freedom Index (2026, retrieved 2026-03-09)
  5. United Nations | World Population Prospects (2026, retrieved 2026-03-10)
  6. LivingCost (2026, retrieved 2025-10-14)
  7. 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.

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.