Croatia: Prosperity gap (average shortfall from a prosperity standard of $28/day)

Key figures

What the numbers say

In 2023, Croatia's prosperity gap (average shortfall from a prosperity standard of $28/day) fell 15.4% on 2022 (from 1.3 to 1.1).

Across the 17 yearly changes before that (1999 to 2022), the average change was +7.5% and a typical year strayed about 30.2% from that (the standard deviation). This year's change was 0.8 standard deviations below 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 90.9% in 2009 and the biggest yearly fall was 16.7% in 2011. The numbers show how large and when, not why; for the cause, look at what happened in that country in those years.

From 2014 to 2023 the straight-line trend is downward, about 0.1 a year. A straight line explains 91% 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.

How it compares

In 2023, Croatia had the 15th highest value of the 33 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.

Closest to Croatia in the 2023 ranking

• Romania — 12th of 33: 1.3
• Spain — 13th of 33: 1.3
• Türkiye — 14th of 33: 1.3
• Portugal — 16th of 33: 1.1
• Sweden — 17th of 33: 1.1
• Estonia — 18th of 33: 1

What this measures

The average shortfall from a prosperity standard of $28 per day (adjusted for differences in purchasing power parity across countries). It is measured as the average factor by which incomes fall short of $28.

Regional and income-group figures are computed by the World Bank as a population-weighted average.

All 22 values

Prosperity gap (average shortfall from a prosperity standard of $28/day) in nearby economies

• Albania — 2.5 (2020)
• Armenia — 3.6 (2024)
• Austria — 0.8 (2023)
• Belarus — 1.6 (2020)
• Belgium — 0.5 (2023)
• Bulgaria — 1.4 (2023)
• Cyprus — 0.6 (2023)
• Czechia — 0.8 (2023)
• Denmark

More poverty data for Croatia

• Income share held by second 20% — 13.4% (2023)
• Income share held by third 20% — 17.8% (2023)
• Income share held by fourth 20% — 23.1% (2023)
• Income share held by highest 20% — 38% (2023)
• Income share held by highest 10% — 23.3% (2023)
• Proportion of people living below 50 percent of median income (%) — 12.1% (2023)
• Income share held by lowest 10% — 2.9% (2023)
• Income share held by lowest 20% — 7.8% (2023)
• Poverty headcount ratio at $3.00 a day (2021 PPP) (% of population) — 0.3% (2023)
• Poverty gap at $3.00 a day (2021 PPP) (%)

Reading data like this

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Questions people ask

What is Croatia's prosperity gap (average shortfall from a prosperity standard of $28/day)?

1.1 in 2023, according to the World Bank (World Development Indicators).

How has it changed since 1988?

It is down 15.38% from 1.3 in 1988 (0.48% a year on average, compounded). The highest value was 2.4 in 2010 and the lowest 0.9 in 1998.

How does Croatia rank?

15th highest of 33 economies with data for 2023.

Is the latest change in prosperity gap (average shortfall from a prosperity standard of $28/day) unusual for Croatia?

In 2023, Croatia's prosperity gap (average shortfall from a prosperity standard of $28/day) fell 15.4% on 2022 (from 1.3 to 1.1). Across the 17 yearly changes before that (1999 to 2022), the average change was +7.5% and a typical year strayed about 30.2% from that (the standard deviation). This year's change was 0.8 standard deviations below that average, so it was an ordinary year: it sits within the range of normal year-to-year movement.

Source

World Bank, World Development Indicators, indicator SI.SPR.PGAP, licensed CC BY 4.0. Original source: World Bank, Poverty and Inequality Platform. Data are based on primary household survey data obtained from government statistical agencies and World Bank country departments. Data for high-income economies are mostly from the Luxembourg Income Study database. 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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