Latest reading: Industrial production rose 4.1% on a year-on-year basis in May, following a 2.9% rise in the prior month....
Industrial Production in Croatia
The Croatian economy recorded an average industrial production growth rate of 1.1% in the decade to 2024. In 2024, industrial production growth was -2.4%. For more industry information, visit our dedicated page.
Croatia Industry Chart
Note: This chart displays Industrial Production (annual variation in %) for Croatia from 2014 to 2025.
Source: Macrobond.
Croatia Industry Data
| 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|
| Industrial Production (ann. var. %) | 6.3 | 1.7 | -0.2 | -2.3 | 3.8 |
Industrial production falls in April
Latest reading: Industrial production declined 2.1% on a working-day adjusted year-on-year basis in April, following 0.8% growth in the previous month. April's reading was the weakest since November 2024. Relative to the prior month's figures, readings in April worsened for mining and quarrying (-0.7% in working-day adjusted year-on-year terms vs +3.2% in March), electricity, gas, steam and air conditioning supply (-11.3% vs -6.2% in March) and manufacturing (-1.5% vs +1.8% in March). On a working-day and seasonally adjusted month-on-month basis, industrial production fell 0.6% in April, following a 1.1% decline in the previous month.
Consensus Forecasts and Projections for the next ten years
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Croatian industry projections for the next ten years from a panel of 6 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable industry forecast available for Croatian industry.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Croatian industry projections.
Want to get access to the full dataset of Croatian industry forecasts? Send an email to info@focus-economics.com.
Latest Global Industrial production News
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Poland: Industrial production gains steam in May -
Kazakhstan: Industrial production decelerates in May Latest reading: Industrial production was up 4.7% on a year-on-year basis in May, following 9.6% growth in the previous month.... -
Belarus: Industrial production contracts less quickly in May Latest reading: Industrial production was down 1.4% on a year-on-year basis in May, following a 2.5% drop in the previous... -
Euro Area: Industrial production decelerates in April Latest reading: Industrial production increased 0.1% in seasonally adjusted month-on-month terms in April, following 0.4% growth in the prior month.... -
Hungary: Industrial production loses momentum in April Latest reading: Industrial production increased 1.2% in annual terms in April, following a 3.6% rise in the previous month. Relative... -
Cyprus: Industrial production loses momentum in April Latest reading: Industrial production rose 1.6% in calendar-adjusted year-on-year terms in April, following 2.5% growth in the prior month. Relative... -
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