Croatia has a GDP of $92.5B compared to $12B for South Sudan, ranking 74/197 and 150/197 by economy size, respectively.
Croatia has $53.3B in government debt (55.9% of GDP), compared to $6.87B (63.2% of GDP) in South Sudan.
The chart below compares the two countries' GDP growth in both current (nominal) and constant dollars, accounting for inflation over time.
| Year | GDP | |||
|---|---|---|---|---|
| 
 | 
 | 
|||
| Current $ | Constant $ | Current $ | Constant $ | |
| 1990 | $25,650,213,280 | $46,596,559,831 | - | - | 
| 1991 | $18,760,386,775 | $36,769,964,789 | - | - | 
| 1992 | $10,621,169,291 | $32,462,991,993 | - | - | 
| 1993 | $11,259,647,874 | $29,857,647,989 | - | - | 
| 1994 | $15,062,911,617 | $31,610,433,645 | - | - | 
| 1995 | $22,772,394,547 | $33,746,817,538 | - | - | 
| 1996 | $24,150,978,347 | $35,808,404,184 | - | - | 
| 1997 | $24,175,764,812 | $38,017,063,245 | - | - | 
| 1998 | $25,890,228,430 | $38,873,085,038 | - | - | 
| 1999 | $23,777,026,779 | $38,543,171,373 | - | - | 
| 2000 | $22,134,411,297 | $39,678,365,282 | - | - | 
| 2001 | $23,066,883,850 | $40,912,852,422 | - | - | 
| 2002 | $26,757,722,429 | $43,287,159,654 | - | - | 
| 2003 | $35,245,317,002 | $45,697,550,022 | - | - | 
| 2004 | $41,836,292,157 | $47,603,359,433 | - | - | 
| 2005 | $45,013,119,282 | $49,663,193,223 | - | - | 
| 2006 | $49,590,197,657 | $52,186,811,454 | - | - | 
| 2007 | $59,298,265,770 | $54,821,664,180 | - | - | 
| 2008 | $68,478,776,206 | $55,900,878,030 | $14,586,253,383 | $20,185,217,786 | 
| 2009 | $62,321,642,125 | $52,091,816,698 | $12,231,264,525 | $21,202,884,179 | 
| 2010 | $58,981,738,869 | $51,396,869,396 | $14,602,072,411 | $22,367,646,895 | 
| 2011 | $62,903,737,380 | $51,346,628,209 | $14,907,308,933 | $21,329,717,233 | 
| 2012 | $57,551,963,753 | $50,189,405,845 | $11,931,472,169 | $11,500,530,835 | 
| 2013 | $59,852,401,272 | $50,126,443,322 | $18,426,469,017 | $13,010,519,614 | 
| 2014 | $59,612,144,078 | $49,847,163,745 | $13,962,212,847 | $13,449,448,811 | 
| 2015 | $51,005,200,670 | $51,005,200,670 | $11,997,800,760 | $11,997,800,760 | 
| 2016 | $52,654,855,638 | $52,770,556,703 | - | - | 
| 2017 | $56,186,190,438 | $54,501,936,569 | - | - | 
| 2018 | $61,668,130,123 | $56,085,044,234 | - | - | 
| 2019 | $61,467,582,194 | $57,823,926,883 | - | - | 
| 2020 | $57,963,370,885 | $53,017,808,755 | - | - | 
| 2021 | $69,006,802,299 | $59,714,859,478 | - | - | 
| 2022 | $71,198,635,102 | $64,066,840,477 | - | - | 
| 2023 | $84,393,795,502 | $66,182,676,637 | - | - | 
| 2024 | $92,526,176,109 | $68,707,509,494 | - | - | 
Economic indicators
| 
 | 
 | 
|
|---|---|---|
| Gross domestic product | 
 
$92.5B  
2024  | 
 
$12B  
2015  | 
| GDP rank | 
 
74/197  
2024  | 
 
150/197  
2015  | 
| GDP growth | 
 
9.64%  
2023-2024  | 
 
-14.1%  
2014-2015  | 
| GDP per capita | 
 
$23,931  
2024  | 
 
$1,080  
2015  | 
| GDP per capita rank | 
 
50/197  
2024  | 
 
172/197  
2015  | 
| GDP per capita, PPP | 
 
$48,575  
2024  | 
 
$1,155  
2015  | 
| Government debt | 
 
$53.3B  
2024  | 
 
$6.87B  
2015  | 
| Debt-to-GDP ratio | 
 
55.9%  
2025  | 
 
63.2%  
2025  | 
| Government debt per person | 
 
$13,796  
2024  | 
 
$618  
2015  | 
| Government debt per person rank | 
 
42/185  
2024  | 
 
159/185  
2015  | 
| Average annual personal income after taxes | 
 
$20,265  
2025  | 
 
$1,540  
2025  | 
| 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  | 
 
33%  
2016  | 
| Income share by poorest 10% | 
 
2.9%  
2023  | 
 
1.8%  
2016  | 
| Government expenditure, % of GDP | 
 
48.9%  
2025  | 
 
26.7%  
2025  | 
| Consumer prices inflation | 
 
2.97%  
2023-2024  | 
 
91.4%  
2023-2024  | 
| Central bank interest rate | n/a | 
 
15%  
2023  | 
| Unemployment rate | 
 
5.03%  
2024  | 
 
12.3%  
2008  | 
| Population | 
 
3839202
 
 | 
 
12387398
 
 | 
GDP per capita in Croatia vs South Sudan
Croatia's GDP per capita is $23,931, ranking 50/197, compared to $1,080 in South Sudan, ranking 172/197. Adjusted for purchasing power (GDP per capita PPP), Croatia ranks 47th at $48,575, while South Sudan ranks 196th at $1,155.
| Year | Current $ | |||
|---|---|---|---|---|
| 
 | 
 | 
|||
| GDP per capita | GDP per capita, PPP | GDP per capita | GDP per capita, PPP | |
| 1990 | $5,369 | $9,519 | - | - | 
| 1991 | $4,001 | $7,912 | - | - | 
| 1992 | $2,321 | $7,321 | - | - | 
| 1993 | $2,448 | $6,856 | - | - | 
| 1994 | $3,238 | $7,332 | - | - | 
| 1995 | $4,929 | $8,046 | - | - | 
| 1996 | $5,300 | $8,802 | - | - | 
| 1997 | $5,331 | $9,534 | - | - | 
| 1998 | $5,713 | $9,889 | - | - | 
| 1999 | $5,269 | $9,943 | - | - | 
| 2000 | $4,954 | $10,672 | - | - | 
| 2001 | $5,365 | $11,654 | - | - | 
| 2002 | $6,220 | $12,775 | - | - | 
| 2003 | $8,190 | $13,693 | - | - | 
| 2004 | $9,719 | $14,688 | - | - | 
| 2005 | $10,444 | $15,451 | - | - | 
| 2006 | $11,503 | $17,635 | - | - | 
| 2007 | $13,758 | $19,571 | - | - | 
| 2008 | $15,889 | $21,020 | $1,654 | $2,887 | 
| 2009 | $14,476 | $20,350 | $1,323 | $2,911 | 
| 2010 | $13,731 | $20,144 | $1,498 | $2,948 | 
| 2011 | $14,695 | $21,196 | $1,449 | $2,718 | 
| 2012 | $13,509 | $21,620 | $1,109 | $1,417 | 
| 2013 | $14,136 | $22,432 | $1,650 | $1,917 | 
| 2014 | $14,188 | $22,708 | $1,243 | $1,373 | 
| 2015 | $12,285 | $23,759 | $1,080 | $1,155 | 
| 2016 | $12,821 | $25,804 | - | - | 
| 2017 | $13,903 | $27,889 | - | - | 
| 2018 | $15,460 | $29,789 | - | - | 
| 2019 | $15,564 | $33,064 | - | - | 
| 2020 | $14,808 | $31,596 | - | - | 
| 2021 | $17,790 | $36,933 | - | - | 
| 2022 | $18,466 | $41,960 | - | - | 
| 2023 | $21,865 | $45,603 | - | - | 
| 2024 | $23,931 | $48,575 | - | - | 
Spending and national debt comparison
In 2024, Croatia's government spending was $44.8B, accounting for 48.9% of its GDP, while South Sudan's spent $3.98B, or 26.7% of GDP.
Debt-to-GDP ratio is 55.9% in Croatia and 63.2% in South Sudan, ranking 94/185 and 72/185, respectively.
| Year | % of GDP | |||
|---|---|---|---|---|
| 
 | 
 | 
|||
| Government spending | Government debt | Government spending | Government debt | |
| 1992 | 37.1% | - | - | - | 
| 1993 | 36% | - | - | - | 
| 1994 | 45.4% | - | - | - | 
| 1995 | 50.3% | - | - | - | 
| 1996 | 52.1% | - | - | - | 
| 1997 | 51.7% | 22.5% | - | - | 
| 1998 | 56.8% | 23.3% | - | - | 
| 1999 | 58.9% | 30% | - | - | 
| 2000 | 54.6% | 35.4% | - | - | 
| 2001 | 50.6% | 36.6% | - | - | 
| 2002 | 49.2% | 36.5% | - | - | 
| 2003 | 49.6% | 37.8% | - | - | 
| 2004 | 49% | 40% | - | - | 
| 2005 | 46.5% | 40.9% | - | - | 
| 2006 | 44.6% | 38.4% | - | - | 
| 2007 | 46.3% | 37.1% | - | - | 
| 2008 | 46.3% | 38.9% | - | - | 
| 2009 | 49.2% | 47.9% | - | - | 
| 2010 | 48.1% | 56.8% | - | - | 
| 2011 | 48.6% | 63.1% | 20.8% | - | 
| 2012 | 47.3% | 68.9% | 31.6% | 8.91% | 
| 2013 | 47.9% | 79.5% | 25.3% | 17.6% | 
| 2014 | 48.7% | 83.2% | 36.2% | 38.1% | 
| 2015 | 47.5% | 82.8% | 33.2% | 57.2% | 
| 2016 | 45.9% | 79.3% | 60.8% | 150.5% | 
| 2017 | 44.1% | 76.2% | 88.6% | 163% | 
| 2018 | 44.9% | 72.8% | 56.4% | 80.3% | 
| 2019 | 44.3% | 70.9% | 47.1% | 43.1% | 
| 2020 | 53.7% | 86.5% | 33.5% | 49% | 
| 2021 | 48.1% | 78.2% | 44.1% | 51.1% | 
| 2022 | 44.9% | 68.5% | 29.7% | 39.1% | 
| 2023 | 46.6% | 61.8% | 23.5% | 49.7% | 
| 2024 | 48.4% | 57.6% | 20.3% | 54.3% | 
| 2025 | 48.9% | 55.9% | 26.7% | 63.2% | 
Government deficit by year
In 2015, Croatia's government deficit, the difference between spending and revenue, was -$1.8B, equivalent to -3.53% of GDP. This compares to South Sudan's deficit of -$1.92B, or -16% of GDP.
Over the past 5 years, Croatia recorded a fiscal deficit in 5 of those years, while South Sudan ran a deficit in 4 years. On average, Croatia posted an annual deficit equal to -5.45% of GDP, compared to deficit of -7.78% of GDP for South Sudan.
| Year | Deficit/surplus, % of GDP | |
|---|---|---|
| 
 | 
 | 
|
| 1992 | -5.69% | - | 
| 1993 | -2.67% | - | 
| 1994 | -0.82% | - | 
| 1995 | -4.23% | - | 
| 1996 | -4.41% | - | 
| 1997 | -4.93% | - | 
| 1998 | -6.36% | - | 
| 1999 | -11.1% | - | 
| 2000 | -9.2% | - | 
| 2001 | -4.79% | - | 
| 2002 | -4.9% | - | 
| 2003 | -5.03% | - | 
| 2004 | -6.09% | - | 
| 2005 | -3.24% | - | 
| 2006 | -2.01% | - | 
| 2007 | -2.28% | - | 
| 2008 | -2.34% | - | 
| 2009 | -7.15% | - | 
| 2010 | -6.46% | - | 
| 2011 | -7.53% | 4.57% | 
| 2012 | -5.46% | -14.8% | 
| 2013 | -5.52% | -3.45% | 
| 2014 | -5.19% | -9.18% | 
| 2015 | -3.53% | -16% | 
| 2016 | -1.04% | -18.1% | 
| 2017 | 0.8% | 8.74% | 
| 2018 | 0.23% | -1.1% | 
| 2019 | 2.31% | 0.84% | 
| 2020 | -7.23% | -4.93% | 
| 2021 | -2.55% | -9.3% | 
| 2022 | 0.14% | 2.05% | 
| 2023 | -0.86% | 7.85% | 
| 2024 | -2.14% | 3.86% | 
| 2025 | -2.36% | 2% | 
Inflation comparison by year
Over the past 16 years, Croatia has recorded an average annual inflation rate of 2.33%, compared with 63.7% in South Sudan. In 2024, inflation was 2.97% in Croatia and 91.4% in South Sudan.
| Year | Inflation | ||
|---|---|---|---|
| 
 | 
 | 
 | 
 | 
| 1996 | 4.3% | - | |
| 1997 | 4.17% | - | |
| 1998 | 6.4% | - | |
| 1999 | 4.02% | - | |
| 2000 | 4.61% | - | |
| 2001 | 3.78% | - | |
| 2002 | 1.67% | - | |
| 2003 | 1.77% | - | |
| 2004 | 2.06% | - | |
| 2005 | 3.32% | - | |
| 2006 | 3.19% | - | |
| 2007 | 2.9% | - | |
| 2008 | 6.08% | - | |
| 2009 | 2.38% | 5.01% | |
| 2010 | 1.03% | 1.17% | |
| 2011 | 2.27% | 46.9% | |
| 2012 | 3.41% | 45.5% | |
| 2013 | 2.22% | -0.06% | |
| 2014 | -0.22% | 1.67% | |
| 2015 | -0.46% | 52.8% | |
| 2016 | -1.12% | 380% | |
| 2017 | 1.13% | 187.9% | |
| 2018 | 1.5% | 83.5% | |
| 2019 | 0.77% | 87.2% | |
| 2020 | 0.15% | 29.7% | |
| 2021 | 2.55% | 10.5% | |
| 2022 | 10.8% | -6.69% | |
| 2023 | 7.94% | 2.38% | |
| 2024 | 2.97% | 91.4% | |
Top exports between countries
| 
 | 
|
|---|---|
| Export category | Export value | 
| Processed food, beverages & tobacco | $28K | 
| Textiles & consumer goods | $8K | 
| Machinery & equipment | $4K | 
| Metals | $2K | 
| Raw materials & minerals | $1K | 
| Wood & paper products | $1K | 
| 
 | 
|
|---|---|
| Export category | Export value | 
Balance of trade
| 
 | 
 | 
|
|---|---|---|
|  
Current account balance
 | 
 
-$1.05B  
2024  | 
 
$578M  
2023  | 
| Current account balance ranking | 
 
124/189  
2024  | 
 
58/189  
2023  | 
| Current account balance, % of GDP | 
 
-1.13%  
2024  | 
 
-4.17%  
2015  | 
| Goods imports | 
 
$41.5B  
2024  | 
 
$2.25B  
2023  | 
| Goods exports | 
 
$21.9B  
2024  | 
 
$4.01B  
2023  | 
| Service imports | 
 
$8.35B  
2024  | 
 
$2.19B  
2023  | 
| Service exports | 
 
$24.7B  
2024  | 
 
$484M  
2023  | 
| Imports of goods and services, % of GDP | 
 
52.9%  
2024  | 
 
28.9%  
2015  | 
| Exports of goods and services, % of GDP | 
 
49.8%  
2024  | 
 
36.7%  
2015  | 
Economic freedom indices
The indices of economic freedom below are issued by the Heritage Foundation. Higher scores indicate stronger economic health.
| 
 | 
 | 
|
|---|---|---|
| Economic freedom | 68.7 | 41 | 
| Economic freedom ranking | 45/197 | 186/197 | 
| Property rights | 81.3 | n/a | 
| Government integrity | 53.4 | n/a | 
| Judicial effectiveness | 71.4 | n/a | 
| Tax burden | 77.3 | n/a | 
| Government spending | 35.1 | n/a | 
| Fiscal health | 90.3 | n/a | 
| Business freedom | 80.4 | n/a | 
| Labor freedom | 69.1 | n/a | 
| Monetary freedom | 66.6 | n/a | 
| Trade freedom | 79.6 | n/a | 
| Investment freedom | 60 | n/a | 
| Financial freedom | 60 | n/a | 
More economic indicators
| 
 | 
 | 
|
|---|---|---|
| Services, % of GDP | 
 
59.7%  
2024  | 
 
56.6%  
2015  | 
| Industry, % of GDP | 
 
19.8%  
2024  | 
 
33.1%  
2015  | 
| Agriculture, forestry, and fishing, % of GDP | 
 
3.41%  
2024  | 
 
10.4%  
2015  | 
|  
GNI, Atlas method
 | 
 
$85.4B  
2024  | 
 
$11.7B  
2015  | 
| GNI per capita, PPP | 
 
$48,760  
2024  | 
 
$1,010  
2015  | 
| Total reserves including gold | 
 
$3.34B  
2024  | 
 
$72.9M  
2023  | 
| Total reserves ranking | 
 
116/177  
2024  | 
 
175/177  
2023  | 
|  
Net foreign direct investment
 | 
 
-$1.88B  
2024  | 
 
$2.21M  
2019  | 
|  
Net inflows of foreign direct investment
 | 
 
$4.67B  
2024  | 
 
$83.4M  
2024  | 
|  
Net outflows of foreign direct investment
 | 
 
$2.79B  
2024  | 
 
$42M  
2017  | 
| Poverty at national poverty lines | 
 
20.3%  
2023  | 
 
66%  
2020  | 
|  
Gross capital formation, % of GDP
 | 
 
23.5%  
2024  | 
 
5.75%  
2015  | 
GDP per capita map
GDP per capita
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Economy comparisons
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.