Croatia is therefore currently ranked 75 of the major economies. If this is calculated per inhabitant, taking purchasing power parity into account, then Croatia ranks 47th in the list of the richest countries. Inflation in Croatia in 2021 was around 2.55%. Within the EU, the average in the same year was 2.55 percent.
Croatia is considered to be a middle-income country, with a mixed economy that has undergone significant economic growth and development since gaining independence from Yugoslavia in 1991.
According to the World Bank, Croatia had a gross domestic product (GDP) per capita of approximately $15,500 in 2020, which is higher than some other countries in the region, but lower than many Western European countries.
However, like many countries, Croatia has experienced economic challenges and disparities, with some regions and communities facing higher levels of poverty and unemployment than others. Overall, Croatia has made progress in its economic development, but there is still room for improvement in reducing inequality and promoting sustainable growth.
