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Economy of Croatia vs Uzbekistan compared: GDP & Debt

Updated on by Georank team

Croatia has a GDP of $93B compared to $115B for Uzbekistan, ranking 75/197 and 66/197 by economy size, respectively.

Croatia has $53.5B in government debt (57.6% of GDP), compared to $37.5B (32.7% of GDP) in Uzbekistan.

Croatia vs Uzbekistan GDP by year

Croatia
Uzbekistan
1x
Year GDP, current $
Croatia Uzbekistan
2024 $92,983,810,329 $114,965,293,467
2023 $85,624,153,964 $102,641,879,249
2022 $71,196,498,671 $90,095,926,567
2021 $69,002,365,163 $77,340,060,003
2020 $57,959,843,541 $66,443,265,418
2019 $61,466,721,186 $67,293,639,798
2018 $61,667,925,219 $58,695,899,092
2017 $56,182,782,586 $69,703,222,283
2016 $52,650,714,172 $86,138,288,644
2015 $50,998,893,385 $86,196,264,755
2014 $59,606,934,501 $80,845,385,809
2013 $59,846,265,182 $73,180,037,915
2012 $57,548,115,904 $67,517,349,212
2011 $62,889,007,657 $60,178,909,297
2010 $58,975,205,417 $49,765,676,402
2009 $62,315,996,675 $33,689,223,673
2008 $68,472,854,617 $29,549,438,884
2007 $59,290,621,398 $22,311,393,928
2006 $49,583,544,860 $17,330,833,853
2005 $45,013,119,282 $14,307,509,839
2004 $41,836,292,157 $12,030,023,548
2003 $35,245,317,002 $10,134,453,435
2002 $26,757,722,429 $9,687,788,513
2001 $23,066,883,850 $11,401,421,329
2000 $22,134,411,297 $13,760,513,969
1999 $23,777,026,779 $17,078,465,982
1998 $25,890,228,430 $14,988,971,211
1997 $24,175,764,812 $14,744,603,774
1996 $24,150,978,347 $13,948,892,216
1995 $22,772,394,547 $13,350,461,265
1994 $15,062,911,617 $12,899,074,922
1993 $11,259,647,874 $13,099,920,056
1992 $10,621,169,291 $12,953,801,760
1991 $18,760,386,775 $13,800,167,712
1990 $25,650,213,280 $13,362,340,338
1989 - $11,948,815,258
1988 - $10,722,799,639
1987 - $8,523,160,593

Data sources: World Bank | Economy & Growth (1987–2024, retrieved 2026-04-06).

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

GDP per capita in Croatia vs Uzbekistan by year

Croatia
GDP per capita

GDP per capita, PPP
Uzbekistan
GDP per capita

GDP per capita, PPP
1x
Year Current $
Croatia Uzbekistan
GDP per capita GDP per capita, PPP GDP per capita GDP per capita, PPP
2024 $24,050 $49,551 $3,162 $11,879
2023 $22,184 $47,760 $2,879 $11,107
2022 $18,466 $42,125 $2,579 $10,293
2021 $17,789 $36,930 $2,259 $9,248
2020 $14,808 $31,594 $1,978 $8,452
2019 $15,564 $33,064 $2,041 $8,544
2018 $15,460 $29,789 $1,813 $8,129
2017 $13,902 $27,888 $2,191 $7,818
2016 $12,820 $25,803 $2,753 $6,919
2015 $12,284 $23,750 $2,803 $6,800
2014 $14,187 $22,706 $2,675 $6,610
2013 $14,135 $22,430 $2,462 $6,413
2012 $13,508 $21,619 $2,307 $6,168
2011 $14,692 $21,191 $2,088 $5,949
2010 $13,730 $20,139 $1,753 $5,505
2009 $14,475 $20,358 $1,206 $5,135
2008 $15,888 $21,018 $1,075 $4,800
2007 $13,756 $19,568 $824 $4,386
2006 $11,501 $17,629 $649 $3,956
2005 $10,444 $15,451 $543 $3,618
2004 $9,719 $14,686 $462 $3,321
2003 $8,190 $13,692 $394 $3,047
2002 $6,220 $12,775 $381 $2,902
2001 $5,365 $11,653 $454 $2,782
2000 $4,954 $10,675 $555 $2,644
1999 $5,269 $9,943 $698 $2,522
1998 $5,713 $9,890 $621 $2,418
1997 $5,331 $9,536 $621 $2,329
1996 $5,300 $8,806 $597 $2,214
1995 $4,929 $8,052 $583 $2,178
1994 $3,238 $7,337 $574 $2,197
1993 $2,448 $6,861 $596 $2,318
1992 $2,321 $7,326 $603 $2,371
1991 $4,001 $7,918 $658 $2,676
1990 $5,369 $9,526 $653 $2,665
1989 - - $598 -
1988 - - $551 -
1987 - - $450 -

Data sources: World Bank | Economy & Growth (1987–2024, retrieved 2026-04-06).

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

Croatia's GDP per capita is $24,050, ranking 50/197, compared to $3,162 in Uzbekistan, ranking 139/197. Adjusted for purchasing power (GDP per capita PPP), Croatia ranks 46th at $49,551, while Uzbekistan ranks 125th at $11,879.

Economic indicators

Croatia Uzbekistan
Gross domestic product
$93B
2024
$115B
2024
GDP rank
75/197
2024
66/197
2024
GDP growth
3.83%
2023-2024
6.5%
2023-2024
GDP per capita
$24,050
2024
$3,162
2024
GDP per capita rank
50/197
2024
139/197
2024
GDP per capita, PPP
$49,551
2024
$11,879
2024
GDP per capita PPP rank
46/197
2024
125/197
2024
Government debt
$53.5B
2024
$37.5B
2024
Debt-to-GDP ratio
57.6%
2024
32.7%
2024
Government debt per person
$13,844
2024
$1,032
2024
Government debt per person rank
42/185
2024
141/185
2024
Average annual personal income after taxes
$20,856
2026
$3,658
2026
Market capitalization of domestic companies
$27.8B
2024
$18.8B
2024
Number of billionaires
1
2025
n/a
Income share by richest 10%
23.3%
2023
25.7%
2024
Income share by poorest 10%
2.9%
2023
2.3%
2024
Government expenditure, % of GDP
48%
2024
27.6%
2024
Consumer prices inflation
2.97%
2023-2024
9.6%
2023-2024
Central bank interest rate n/a
14%
2025
Unemployment rate
5.03%
2024
5.29%
2020
Population
3812193
37939105

Spending and national debt comparison by year

Croatia
Spending

Debt
Uzbekistan
Spending

Debt
1x
Year % of GDP
Croatia Uzbekistan
Government spending Government debt Government spending Government debt
2024 48% 57.6% 27.6% 32.7%
2023 46.8% 61.8% 29.9% 32.2%
2022 45% 68.5% 31.3% 30.5%
2021 48.1% 78.2% 27.4% 31.7%
2020 53.7% 86.5% 26% 33.7%
2019 44.3% 70.9% 24.4% 25.4%
2018 44.9% 72.8% 22.2% 17.5%
2017 44.1% 76.2% 19.9% 17.3%
2016 45.9% 79.3% 23.3% 8.19%
2015 47.5% 82.8% 24.6% 6.72%
2014 48.7% 83.2% 24.9% 6.09%
2013 47.9% 79.5% 25.2% 6.23%
2012 47.3% 68.9% 23.9% 6.76%
2011 48.6% 63.1% 23.7% 6.33%
2010 48.1% 56.8% 26.4% 6.61%
2009 49.2% 47.9% 27.5% 7.3%
2008 46.3% 38.9% 26.5% 8.33%
2007 46.3% 37.1% 24.8% 9.56%
2006 44.6% 38.4% 24.7% 13.5%
2005 46.5% 40.9% 28.1% 21%
2004 49% 40% 29.4% 26.9%
2003 49.6% 37.8% 31.5% 31.4%
2002 49.2% 36.5% 34.6% 41.6%
2001 50.6% 36.6% 30.6% 44.8%
2000 54.6% 35.4% 32.9% 29.5%
1999 58.9% 30% 33.6% 18.4%
1998 56.8% 23.3% 35.1% 18%
1997 51.7% 22.5% 31.8% 15.3%
1996 52.1% - 35.1% -
1995 50.3% - 29.4% -
1994 45.4% - 27.1% -
1993 36% - 39.6% -
1992 37.1% - 18% -

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/uzbekistan | CC BY

In 2024, Croatia's government spending was $44.6B, accounting for 48% of its GDP, while Uzbekistan spent $31.7B, or 27.6% of GDP.

Debt-to-GDP ratio is 57.6% in Croatia and 32.7% in Uzbekistan, ranking 86/185 and 152/185, respectively.

Government deficit by year

Deficit/surplus
Croatia

Uzbekistan
1x
Year Deficit/surplus, % of GDP
Croatia Uzbekistan
2024 -1.95% -2.37%
2023 -0.79% -4.03%
2022 0.12% -3.65%
2021 -2.58% -4.1%
2020 -7.23% -2.95%
2019 2.31% -0.3%
2018 0.23% 1.64%
2017 0.8% 1.04%
2016 -1.04% 0.7%
2015 -3.53% -0.28%
2014 -5.19% 1.9%
2013 -5.52% 2.15%
2012 -5.46% 5.89%
2011 -7.53% 5.11%
2010 -6.46% 2.56%
2009 -7.15% 1.82%
2008 -2.34% 5.97%
2007 -2.28% 3.55%
2006 -2.01% 2.72%
2005 -3.24% -3.52%
2004 -6.09% -3.74%
2003 -5.03% -4.87%
2002 -4.9% -6.31%
2001 -4.79% -3.28%
2000 -9.2% -3.66%
1999 -11.1% -2.91%
1998 -6.36% -3.04%
1997 -4.93% -2.05%
1996 -4.41% -1.57%
1995 -4.23% -1.77%
1994 -0.82% -4.47%
1993 -2.67% -12%
1992 -5.69% 7.15%

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

GeoRank.org/economy/croatia/uzbekistan | 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 Uzbekistan's deficit of $2.72B, or 2.37% of GDP.

Over the past 33 years, Croatia recorded a fiscal deficit in 29 of those years, while Uzbekistan ran a deficit in 20 years. On average, Croatia posted an annual deficit equal to 3.97% of GDP, compared to deficit of 0.87% of GDP for Uzbekistan.

Inflation comparison by year

Inflation
Croatia

Uzbekistan
1x
Year Consumer prices inflation
Croatia Uzbekistan
2024 2.97% 9.6%
2023 7.94% 10%
2022 10.8% 11.4%
2021 2.55% 10.8%
2020 0.15% 12.9%
2019 0.77% 14.5%
2018 1.5% 17.5%
2017 1.13% 13.9%
2016 -1.12% 8.8%
2015 -0.46% 8.5%
2014 -0.22% 9.1%
2013 2.22% 11.7%
2012 3.41% 11.9%
2011 2.27% 12.4%
2010 1.03% 12.3%
2009 2.38% 12.3%
2008 6.08% 13.1%
2007 2.9% 11.2%
2006 3.19% 13.1%
2005 3.32% 10.7%
2004 2.06% 7.3%
2003 1.77% 12.5%
2002 1.67% 27.3%
2001 3.78% 27.3%
2000 4.61% 25%
1999 4.02% 29.1%
1998 6.4% 29%
1997 4.17% 70.9%

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

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

Over the past 28 years, Croatia has recorded an average annual inflation rate of 2.9%, compared with 16.6% in Uzbekistan. In 2024, inflation was 2.97% in Croatia and 9.6% in Uzbekistan.

Top exports between countries

Croatia
Export category Export value
Chemicals & pharma $993K
Machinery & equipment $348K
Textiles & consumer goods $177K
Processed food, beverages & tobacco $49K
Raw agricultural goods $25K
Metals $24K
Miscellaneous $12K
Raw materials & minerals $8K
Wood & paper products $4K
Uzbekistan
Export category Export value
Raw agricultural goods $591K
Machinery & equipment $165K
Raw materials & minerals $63K

Balance of trade

Croatia Uzbekistan
Current account balance
-$1.05B
2024
-$5.71B
2024
Current account balance ranking
125/190
2024
169/190
2024
Current account balance, % of GDP
-1.13%
2024
-4.97%
2024
Goods imports
$41.5B
2024
$33.2B
2024
Goods exports
$21.9B
2024
$19.6B
2024
Service imports
$8.35B
2024
$10.5B
2024
Service exports
$24.7B
2024
$6.55B
2024
Imports of goods and services, % of GDP
54.8%
2024
38%
2024
Exports of goods and services, % of GDP
50.1%
2024
22.8%
2024

Economic freedom indices

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

Croatia Uzbekistan
Economic freedom 67.5 60.3
Economic freedom ranking 56/197 94/197
Property rights 81.1 43.1
Government integrity 52.6 32
Judicial effectiveness 71.7 13.7
Tax burden 70 95
Government spending 34.9 73.7
Fiscal health 92.2 79.9
Business freedom 79.6 62.5
Labor freedom 58.9 48.4
Monetary freedom 69.9 65.1
Trade freedom 79.4 80.6
Investment freedom 60 70
Financial freedom 60 60

Economic freedom comparison by year

Croatia
Uzbekistan
1x
Year Economic freedom index
Croatia Uzbekistan
2026 67.5 60.3
2025 68.7 58
2024 67.2 55.9
2023 66.4 56.5
2022 67.6 55.7
2021 63.6 58.3
2020 62.2 57.2
2019 61.4 53.3
2018 61 51.5
2017 59.4 52.3
2016 59.1 46
2015 61.5 47
2014 60.4 46.5
2013 61.3 46
2012 60.9 45.8
2011 61.1 45.8
2010 59.2 47.5
2009 55.1 50.5
2008 54.1 51.9
2007 53.4 51.5
2006 53.6 48.7
2005 51.9 45.8
2004 53.1 39.1
2003 53.3 38.3
2002 51.1 38.5
2001 50.7 38.2
2000 53.6 38.1
1999 53.1 33.8
1998 51.7 31.5
1997 46.7 -
1996 48 -

Data sources: The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-03-09).

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

The Economic Freedom Index for Croatia is 67.5, ranking 56/197, compared to 60.3 for Uzbekistan, ranking 94/197. The chart above displays a comparison of annual changes in economic freedom indexes.

Other economic metrics

Croatia Uzbekistan
Services, % of GDP
60.8%
2024
45.2%
2024
Industry, % of GDP
19.2%
2024
31.8%
2024
Agriculture, forestry, and fishing, % of GDP
2.9%
2024
18.3%
2024
GNI, Atlas method
$86B
2024
$110B
2024
GNI per capita, PPP
$49,740
2024
$12,000
2024
Total reserves including gold
$3.34B
2024
$41.2B
2024
Total reserves ranking
116/177
2024
50/177
2024
Net foreign direct investment
-$1.88B
2024
-$2.81B
2024
Net inflows of foreign direct investment
$4.54B
2024
$2.99B
2024
Net outflows of foreign direct investment
$2.79B
2024
$36.7M
2024
Servicing debt to the IMF, % of GNI n/a
9.88%
2024
Poverty at national poverty lines
20.3%
2023
8.9%
2024
Gross capital formation, % of GDP
24.4%
2024
33.3%
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/uzbekistan | CC BY

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Data sources:

  1. World Bank | Economy & Growth (1985–2024, retrieved 2026-04-06)
  2. International Monetary Fund (IMF) | Fiscal Monitor (1992–2024, retrieved 2026-02-20)
  3. The Heritage Foundation | Economic Freedom Index (1996–2026, retrieved 2026-03-09)
  4. U.S. Census Bureau (1985–2024, retrieved 2026-02-08)
  5. TradeMap (2021–2024, 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.