Croatia’s economy expanded by 3.6% year-on-year in the fourth quarter of 2025, accelerating from a 2.3% growth in the third quarter. Household consumption picked up (2.6% vs 1.9% in Q3), while government spending increased further (4.7% vs 3.8%). Net external demand also contributed positively, as exports (1.5% vs -1.1%) rose more than imports (0.3% vs 2.4%). Meanwhile, growth in gross fixed capital formation slowed to 6.9% from 7.5%. On the production side, strong growth was recorded in manufacturing (6.4% vs 3.3%) and information and communication (4.2% vs 2.0%). On a seasonally adjusted quarterly basis, GDP increased by 1.4%, following a 0.4% rise in the previous period.
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Croatia GDP Growth Accelerates in Q4
Croatia’s economy expanded by 3.6% year-on-year in the fourth quarter of 2025, accelerating from a 2.3% growth in the third quarter. Household consumption picked up (2.6% vs 1.9% in Q3), while government spending increased further (4.7% vs 3.8%). Net external demand also contributed positively, as exports (1.5% vs -1.1%) rose more than imports (0.3% vs 2.4%). Meanwhile, growth in gross fixed capital formation slowed to 6.9% from 7.5%. On the production side, strong growth was recorded in manufacturing (6.4% vs 3.3%) and information and communication (4.2% vs 2.0%). On a seasonally adjusted quarterly basis, GDP increased by 1.4%, following a 0.4% rise in the previous period.