Latest reading: Industrial production increased 3.8% on a year-on-year basis in March, following a 3.8% decline in the previous 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 | -2.4 | 3.8 |
Industrial production decelerates in March
Latest reading: Industrial production rose 0.8% on a working-day adjusted year-on-year basis in March, following a 1.2% increase in the previous month. Relative to the prior month's figures, the reading for electricity, gas, steam and air conditioning supply worsened in March (-6.2% in working-day adjusted year-on-year terms vs +7.1% in February). In contrast, readings picked up for mining and quarrying (+3.4% vs -4.2% in February) and manufacturing (+1.9% vs +1.3% in February). In working-day and seasonally adjusted month-on-month terms, industrial production fell 1.7% in March, following a 0.8% decline in the prior 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 7 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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Portugal: Industrial production returns to growth in March Latest reading: Industrial production rose 3.2% in calendar and seasonally adjusted month-on-month terms in March, following a 0.3% drop in...