Total factor productivity in Croatia
Croatia: Total factor productivity was 1.04 in 2023. ▬ Flat
Latest (2023)
1.04
Change on year
up 0.1%
World rank
13th
of 120 countries
All-time high
1.12
in 2007
All-time low
0.8814
in 1994
Years of data
30
1994–2023
Total factor productivity in Croatia, 1994–2023
Source: Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data.
Analysis
Croatia recorded 1.04 for total factor productivity in 2023.
That represents a change of up 0.1% on the previous year and up 2.1% over ten years.
Over the whole period, total factor productivity in Croatia peaked at 1.12 in 2007 and was at its lowest, 0.8814, in 1994.
Croatia ranks 13th of 120 countries on this measure, in the top quarter.
Total factor productivity in Croatia, year by year
| Year | Value | Change |
|---|---|---|
| 1994 | 0.8814 | — |
| 1995 | 0.9549 | +8.3% |
| 1996 | 1 | +4.8% |
| 1997 | 1.05 | +4.6% |
| 1998 | 1.06 | +1.6% |
| 1999 | 1.04 | -2.0% |
| 2000 | 1.06 | +1.7% |
| 2001 | 1.05 | -0.7% |
| 2002 | 1.08 | +3.0% |
| 2003 | 1.1 | +1.2% |
| 2004 | 1.11 | +0.9% |
| 2005 | 1.12 | +1.1% |
| 2006 | 1.12 | +0.1% |
| 2007 | 1.12 | +0.1% |
| 2008 | 1.09 | -2.4% |
| 2009 | 1.01 | -8.0% |
| 2010 | 1 | -0.6% |
| 2011 | 1.02 | +1.5% |
| 2012 | 1.01 | -0.5% |
| 2013 | 1.02 | +1.0% |
| 2014 | 0.9946 | -2.6% |
| 2015 | 1.02 | +2.4% |
| 2016 | 1.03 | +1.6% |
| 2017 | 1.04 | +0.8% |
| 2018 | 1.05 | +0.4% |
| 2019 | 0.9934 | -5.1% |
| 2020 | 0.9075 | -8.7% |
| 2021 | 1 | +10.2% |
| 2022 | 1.04 | +4.2% |
| 2023 | 1.04 | +0.1% |
Croatia compared with similar countries
- Croatia's 1.04 is above the median for high income countries, which is 0.994, 1.0× the median. (52 countries reporting)
- Croatia's 1.04 is above the median for Europe & Central Asia, which is 0.9969, 1.0× the median. (40 countries reporting)
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1990s | 0.9979 | 0.8814 | 1.06 | 6 |
| 2000s | 1.09 | 1.01 | 1.12 | 10 |
| 2010s | 1.02 | 0.9934 | 1.05 | 10 |
| 2020s | 0.9978 | 0.9075 | 1.04 | 4 |
Countries ranked near Croatia
More economy & growth data for Croatia
- Foreign direct investment, net outflows (BoP, current US$), gaps 2.79 billion BoP, current US$ (2024)
- Foreign direct investment, net outflows (BoP, current US$), per unit 0.03 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net outflows (BoP, current US$), per capita 722.47 BoP, current US$ per person (2024)
- Foreign direct investment, net inflows (BoP, current US$), gaps filled 4.54 billion BoP, current US$ (2024)
- Foreign direct investment, net inflows (BoP, current US$), annual 35.72 % change on previous year (2024)
- Foreign direct investment, net inflows (BoP, current US$), per unit 0.0488 BoP, current US$ per US$ of GDP (2024)
- Foreign direct investment, net inflows (BoP, current US$), per capita 1,173 BoP, current US$ per person (2024)
- Total reserves (includes gold, current US$), annual growth rate 26.41 % change on previous year (2025)
- Total reserves (includes gold, current US$), per unit of GDP 0.0401 includes gold, current US$ per US$ of GDP (2025)
- Total reserves (includes gold, current US$), per capita 1,088 includes gold, current US$ per person (2025)
Frequently asked questions
- What is total factor productivity in Croatia?
- Total factor productivity in Croatia was 1.04 in 2023, according to Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data.
- What is the highest total factor productivity recorded in Croatia?
- The highest recorded value was 1.12 in 2007.
- What is the lowest total factor productivity recorded in Croatia?
- The lowest recorded value was 0.8814 in 1994.
- How does Croatia rank for total factor productivity?
- Croatia ranks 13th out of 120 countries with data for 2023.
- Is total factor productivity rising or falling in Croatia?
- Over the last ten years it is up 2.1%. The long-run trend across the full record is flat.
- Where does this Croatia data come from?
- The figures come from Feenstra et al. – Penn World Table (2025) – with major processing by Our World in Data, published as part of Total factor productivity. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 30 observations, free to reuse under CC BY 4.0 (Our World in Data).
About this data
This is the level of total factor productivity, relative to each country's value in 2021 (which is set to 1). This data is adjusted for inflation and differences in living costs between countries.