Croatia's gross fixed capital formation (% of GDP) was 25.73% in 2025, the latest year in the World Bank's World Development Indicators. That is up 6.65 percentage points from 19.09% in 2015.
Key figures
| Value | Year | |
|---|---|---|
| Latest | 25.73% | 2025 |
| Five years earlier | 22.35% | 2020 |
| Ten years earlier | 19.09% | 2015 |
| Highest | 27.86% | 2008 |
| Lowest | 14.27% | 1995 |
| Average since 2016 | 22.16% | 2016–2025 |
| First recorded | 14.27% | 1995 |
What the numbers say
In 2025, Croatia's gross fixed capital formation (% of GDP) rose 0.54 percentage points on 2024 (from 25.19% to 25.73%).
Across the 29 yearly changes before that (1996 to 2024), the average change was +0.38 percentage points and a typical year strayed about 1.75 percentage points from that (the standard deviation). This year's change was 0.1 standard deviations above that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.
On record, the biggest yearly rise was 3.91 percentage points in 1996 and the biggest yearly fall was 3.96 percentage points in 2010. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.
From 2016 to 2025 the straight-line trend is upward, about 0.71 percentage points a year. A straight line explains 85% of the movement over 10 observed years.
Worked out from the yearly values above. How the checks work: standard deviation, z-scores and straight-line trends.
A straight-line projection, tested first
Extending that straight line gives about 27.03% for 2028. We show this only because the same method, fitted on earlier years, predicted 2023 to 2025 better than "no change" would have: its average miss was 2.74%, against 3.56% for assuming no change. Treat it as a continuation of the recent pattern, not a forecast of events: it cannot see a recession, a policy change or a revision to the data.
See how a linear trend forecast works and the guide on forecasting without fooling yourself.
How it compares
In 2025, Croatia had the 34th highest value of the 126 economies reporting that year. Higher is not always better: for some indicators the lowest value is the one to aim for. See the full ranking.
| Value | Year | |
|---|---|---|
| Croatia | 25.73% | 2025 |
| World | 25.62% | 2024 |
| Europe & Central Asia | 21.91% | 2025 |
| High income | 22.21% | 2024 |
Closest to Croatia in the 2025 ranking
- Czechia — 30th of 126: 26.41%
- Switzerland — 31st of 126: 26%
- Kyrgyz Republic — 32nd of 126: 25.76%
- Romania — 34th of 126: 25.61%
- Djibouti — 35th of 126: 25.46%
- Sweden — 36th of 126: 25.23%
What this measures
Gross fixed capital formation includes acquisitions less disposals of fixed assets during the accounting period, including certain specified expenditures on services that add to the value of non-produced assets. This indicator is expressed as a percentage of Gross Domestic Product (GDP) which is the total income earned through the production of goods and services in an economic territory during an accounting period.
Regional and income-group figures are computed by the World Bank as a weighted average.
All 31 values
| Year | Gross fixed capital formation (% of GDP) |
|---|---|
| 2025 | 25.73 |
| 2024 | 25.19 |
| 2023 | 24.75 |
| 2022 | 21.66 |
| 2021 | 20.95 |
| 2020 | 22.35 |
| 2019 | 21.91 |
| 2018 | 19.98 |
| 2017 | 19.47 |
| 2016 | 19.56 |
| 2015 |
Gross fixed capital formation (% of GDP) in nearby economies
- Albania — 24.27% (2025)
- Armenia — 21.42% (2025)
- Austria — 23.53% (2025)
- Azerbaijan — 16.29% (2025)
- Belarus — 25.08% (2025)
- Belgium — 23.89% (2025)
- Bosnia and Herzegovina — 24.37% (2024)
- Bulgaria — 20.13% (2025)
- Cyprus — 20.03% (2025)
- Czechia — 26.41% (2025)
More economic policy & debt data for Croatia
- Adjusted savings, education expenditure (% of GNI) — 3.64% (2021)
- Adjusted savings, mineral depletion (current US$) — US$0 (2021)
- Adjusted savings, energy depletion (current US$) — US$218.01 million (2021)
- Chemicals (% of value added in manufacturing) — 6.74% (2023)
- Food, beverages and tobacco (% of value added in manufacturing) — 18.98% (2023)
- Other manufacturing (% of value added in manufacturing) — 54.8% (2023)
- Textiles and clothing (% of value added in manufacturing) — 4.39% (2023)
- GDP (current US$) — US$105.06 billion (2025)
- GDP (current LCU) — 92.98 billion (2025)
Reading data like this
Questions people ask
- What is Croatia's gross fixed capital formation (% of GDP)?
- 25.73% in 2025, according to the World Bank (World Development Indicators).
- How has it changed since 1995?
- It is up 11.46 percentage points from 14.27% in 1995. The highest value was 27.86% in 2008 and the lowest 14.27% in 1995.
Source
World Bank, World Development Indicators, indicator NE.GDI.FTOT.ZS, licensed CC BY 4.0. Original source: Country official statistics, National Statistical Organizations and/or Central Banks; National Accounts data files, Organisation for Economic Co-operation and Development (OECD); Staff estimates, World Bank (WB) Figures are fetched from the World Bank API and refreshed monthly; see the series on data.worldbank.org. The full definition and method are in the World Bank's metadata glossary. Comparisons use the same World Bank release.
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