ANNUAL GROSS DOMESTIC PRODUCT, 1995

*FIRST RELEASE*		CROATIAN BUREAU OF STATISTICS 10000 ZAGREB, ILICA 3, PHONE: +385 1 4806-111, P.O.B. 80, CROATIA ISSN 1334-0565

YEAR: XLVI.	ZAGREB, 28 JANUARY, 2009		NUMBER: 12.1.3.

				OBLIGED TO NOTIFY DATA SOURCE

ANNUAL GROSS DOMESTIC PRODUCT, 1995 – 2005

This release presents the revised data on the Gross Domestic Product, the main aggregates of national accounts and employment, on the basis of methodological revision according to new and improved data sources and calculation methods used. Data series has been revised since 1995 and this release presents the revised data series for the period from 1995 to 2005.

The main purpose of this revision is the alignment of GDP estimates with the European System of Accounts (ESA 1995). Therefore, this revision improves the coverage and quality of estimates published to date due to new data sources and calculation methods used.

The effect of this major statistical revision (MSR) at the GDP level in nominal terms was the average increase of 15.8% throughout the whole period from 1995 to 2005. The greatest increase (of 17.7%) was observed in 1996 and the lowest one (of 14.2%) in 2003. The largest impact to corrections of GDP had a part that refers to the estimation of the non-observed economy. It makes about 2/3 of the overall GDP corrections throughout the whole period from 1995 to 2005. The remaining 1/3 of the overall corrections belong to the two GDP elements that were calculated according to the new ESA 95 methodology, imputed dwelling rents and financial intermediate services indirectly measured (FISIM).

The downward trend of a part of the non-observed economy is the result of the improvement of the Croatian statistical system (particularly the national accounts system) and of the ever stabilising economic-political environment throughout the whole observed period. The new nominal GDP values (after the revision) and the old nominal GDP values (before the revision) are visible in Table 1.2. Differences between the former and the latter GDP values can also be found in the same table and in 2005 it amounted to 33 073 million kuna.

Corrections of the GDP growth rates range from 0.02% (in 1997) up to 0.64% (in 1999). The largest correction occurred in 1999, the only year when the value of GDP decreased. Then the Kosovo crisis, which occurred then, affected the Croatian tourism as one of the major driving force of the Croatian economy (see Table 1.1.). The average correction of the GDP growth rates, for the whole observed period, amounted to 0.21%.

The quarterly GDP series, from the first quarter of 2000 to the third quarter of 2008, will be published by the end of February 2009 in the form of an extraordinary release. The preliminary GDP data for 2006 and 2007 will also be published in extraordinary quarterly GDP release as a sum of the four quarters.

The regular quarterly GDP series’ release is planned to be published at the end of March 2009, when the preliminary GDP data for 2008 will be published as a sum of four quarters.

In order to harmonise the statistical system with the ESA 1995, further methodological improvements are planned in the forthcoming period.

The GDP calculation by production approach has been improved by the inclusion of the non-exhaustive part of economy, the new estimation of imputed dwelling rents and the new estimation and allocation of FISIM. The largest part of the non-observed economy consists of entrepreneurs who report, in order to avoid tax obligations, smaller revenues and higher costs than they really are. This is most visible in activities of construction, trade and hotels and restaurants.

The expenditure GDP components were revised in line with the production side GDP revision. The biggest corrections referred to the households’ consumption, which amounts to 13.4% of GDP on the average. This correction was done for the imputed dwelling rent, the allocation of FISIM and the non-observed economy part. The second big correction refers to the export of tourist services, which now contains the non-observed economy and the allocation of FISIM.

In regard to other macroeconomic aggregates – other than GDP, following the sequence of sector accounts, on sector S.1 Domestic economy as compared to sector S.2 Rest of the world sector (RoW), the situation is as follows:

Gross national income (GNI) (see Table 4.1.) was lower than GDP in the whole period from 1995 to 2005 (except for 1997), indicating higher outflows of primary incomes from the Republic of Croatia than their inflows into the Republic of Croatia (on the average, GNI amounted to 98.6% of GDP in the whole observed period).

Gross savings was pretty high in the whole observed decade, primarily because of the steady GDP growth.

Deficit of the current BoP account indicates that the growth of GDP and growth of gross investments were primarily financed from foreign sources.

Excel tables from this Release can be downloaded here.

1.1. GROSS DOMESTIC PRODUCT, annual calculation, 1995 – 2005

	1995.	1996.	1997.	1998.	1999.	2000.	2001.	2002.	2003.	2004.	2005.

Gross domestic product, market prices (current), mln kuna	115 699	127 052	145 394	160 603	164 054	176 690	190 796	208 223	227 012	245 550	264 367
Gross domestic product, market prices (current), mln US $	22 123	23 381	23 596	25 243	23 035	21 320	22 880	26 449	33 860	40 713	44 432
Gross domestic product, market prices (current), mln EUR	17 122	18 669	20 888	22 496	21 638	23 146	25 538	28 112	30 011	32 759	35 725
Population, mid-year estimate, '000¹⁾	4 669	4 494	4 572	4 501	4 554	4 426	4 440	4 440	4 440	4 439	4 442
Gross domestic product per capita, kuna	24 780	28 272	31 801	35 682	36 024	39 921	42 972	46 897	51 129	55 317	59 515
Gross domestic product per capita, US $	4 738	5 203	5 161	5 608	5 058	4 817	5 153	5 957	7 626	9 172	10 003
Gross domestic product per capita, EUR	3 667	4 154	4 569	4 998	4 751	5 229	5 752	6 331	6 759	7 380	8 043
Average annual exchange rate HRK/US $²⁾	5,229850	5,433979	6,161849	6,362284	7,122027	8,287369	8,339153	7,872490	6,704449	6,031216	5,949959
Average annual exchange rate HRK/EUR²⁾	6,757247	6,805527	6,960719	7,139159	7,581823	7,633852	7,471006	7,406976	7,564248	7,495680	7,400047
Volume changes after revision (%)	-	5,84	6,78	2,13	-1,50	3,03	3,83	5,44	4,96	4,25	4,21
Volume changes before revision (%)	-	5,89	6,76	2,52	-0,86	2,86	4,44	5,58	5,34	4,26	4,16
Differences (after revision - before revision)	-	-0,06	0,02	-0,40	-0,64	0,18	-0,61	-0,14	-0,38	-0,01	0,05
Implicite GDP deflators	-	103,8	107,2	108,2	103,7	104,5	104,0	103,5	103,9	103,8	103,3

1) Source: Statistical Yearbook 2008, page 94.

2) Source: Bulletin of the Croatian National Bank, November 2008

1.2. GROSS DOMESTIC PRODUCT, MAJOR STATISTICAL REVISION, current prices, 1995 – 2005

	1995.	1996.	1997.	1998.	1999.	2000.	2001.	2002.	2003.	2004.	2005.

Gross domestic product, market prices (current), mln kuna - revised data	115 699	127 052	145 394	160 603	164 054	176 690	190 796	208 223	227 012	245 550	264 367
Gross domestic product, market prices (current), mln kuna - before revision	98 382	107 981	123 811	137 604	141 579	152 519	165 639	181 231	198 422	214 983	231 294
Nominal changes (%)	17,6	17,7	17,4	16,7	15,9	15,8	15,2	14,9	14,4	14,2	14,3

Gross domestic product, difference between old and new values, 1995 – 2005	17 317	19 071	21 583	22 999	22 475	24 171	25 157	26 992	28 590	30 567	33 073
Non-observed economy	10 958	12 131	13 755	13 867	13 547	15 064	15 875	17 133	16 992	18 066	19 385
Imputed rents (difference between old and new calculation)	4 964	5 201	5 470	5 874	6 308	6 907	6 836	7 492	8 092	8 492	8 774
FISIM (difference between old and new calculation)	1 395	1 739	2 358	3 258	2 620	2 200	2 446	2 367	3 506	4 009	4 914

	Structure %

Non-observed economy	63,3	63,6	63,7	60,3	60,3	62,3	63,1	63,5	59,4	59,1	58,6
Imputed rents (difference between old and new calculation)	28,7	27,3	25,3	25,5	28,1	28,6	27,2	27,8	28,3	27,8	26,5
FISIM (difference between old and new calculation)	8,1	9,1	10,9	14,2	11,7	9,1	9,7	8,8	12,3	13,1	14,9

1.3. GROSS DOMESTIC PRODUCT, MAJOR STATISTICAL REVISION, constant previous year prices, 1995 – 2005

	1995.	1996.	1997.	1998.	1999.	2000.	2001.	2002.	2003.	2004.	2005.

Gross domestic product, constant previous year prices, mln kuna	-	122 451	135 671	148 485	158 190	169 029	183 466	201 179	218 546	236 659	255 886
Volume changes (%), new	-	5,84	6,78	2,13	-1,50	3,03	3,83	5,44	4,96	4,25	4,21
Volume changes (%), former	-	5,89	6,76	2,52	-0,86	2,86	4,44	5,58	5,34	4,26	4,16

1.4. OUTPUT, INTERMEDIATE CONSUMPTION, VALUE ADDED AND GROSS DOMESTIC PRODUCT, current prices, 1995 – 2005

	1995.	1996.	1997.	1998.	1999.	2000.	2001.	2002.	2003.	2004.	2005.

	Value, mln kuna

Output	214 111	233 678	270 754	275 030	279 763	301 314	325 488	356 956	395 703	434 383	473 766
Intermediate consumption	117 911	126 519	148 252	140 970	142 279	153 474	166 050	182 189	204 247	225 001	247 582
Value added	96 200	107 159	122 502	134 060	137 483	147 840	159 438	174 766	191 455	209 382	226 184
Taxes on products less subsidies on products	19 499	19 894	22 892	26 543	26 571	28 850	31 358	33 457	35 556	36 168	38 183
Gross domestic product	115 699	127 052	145 394	160 603	164 054	176 690	190 796	208 223	227 012	245 550	264 367


	Nominal indices, previous year=100

Output	-	109,1	115,9	101,6	101,7	107,7	108,0	109,7	110,9	109,8	109,1
Intermediate consumption	-	107,3	117,2	95,1	100,9	107,9	108,2	109,7	112,1	110,2	110,0
Value added	-	111,4	114,3	109,4	102,6	107,5	107,8	109,6	109,5	109,4	108,0
Taxes on products less subsidies on products	-	102,0	115,1	115,9	100,1	108,6	108,7	106,7	106,3	101,7	105,6
Gross domestic product	-	109,8	114,4	110,5	102,1	107,7	108,0	109,1	109,0	108,2	107,7

1.5. GROSS VALUE ADDED BY ACTIVITIES AND GROSS DOMESTIC PRODUCT, current prices, 1995 – 2005

	1995.	1996.	1997.	1998.	1999.	2000.	2001.	2002.	2003.	2004.	2005.

	Value, mln kuna

A Agriculture, hunting and forestry	9 024	9 768	10 380	11 627	12 174	12 065	13 085	13 884	12 431	14 568	14 151
B Fishing	258	202	256	305	318	329	358	490	505	522	575
C Mining and quarrying	250	246	659	651	623	857	962	1 058	1 160	1 461	1 750
D Manufacturing	21 553	22 006	25 314	26 480	26 988	29 963	31 503	32 568	34 861	38 164	39 474
E Electricity, gas and water supply	3 025	3 407	3 665	3 724	4 216	3 842	3 875	4 566	4 857	5 918	6 068
F Construction	5 415	7 010	8 754	8 897	7 264	7 292	8 604	9 661	12 605	14 940	16 736
G Wholesale and retail trade; repair of motor vehicles motorcycles and personal and household goods	12 692	14 644	16 989	17 592	15 422	16 379	19 697	22 911	26 845	26 578	29 254
H Hotels and restaurants	2 588	3 463	4 149	4 587	4 506	5 438	6 218	7 195	8 278	8 809	9 712
I Transport, storage and communication	9 119	9 178	10 275	11 063	11 515	13 256	14 581	15 706	16 872	19 569	20 561
J Financial intermediation	3 454	4 173	4 219	4 972	5 948	5 812	7 016	8 608	10 055	10 721	13 253
K Real estate, renting and business activities	13 734	15 034	16 714	18 202	19 114	21 229	22 785	25 117	28 649	31 635	35 377
L Public administration and defence; compulsory social security	7 079	8 269	9 580	11 723	12 363	12 633	11 681	11 898	12 038	12 418	12 844
M Education	2 967	3 550	3 984	5 104	5 939	6 622	6 764	7 046	7 803	8 425	9 237
N Health and social work	2 822	3 791	4 758	6 123	7 162	7 539	7 651	8 268	8 644	9 311	10 072
O Other community, social and personal activities	2 205	2 398	2 780	2 977	3 737	4 299	4 556	5 322	5 593	6 013	6 766
P Private households with employed persons	16	21	24	36	192	285	101	468	259	331	354
Q Extra-territorial organizations and bodies	-	-	-	-	-	-	-	-	-	-	-

Gross value added (basic prices)	96 200	107 159	122 502	134 060	137 483	147 840	159 438	174 766	191 455	209 382	226 184

Taxes on products less subsidies on products	19 499	19 894	22 892	26 543	26 571	28 850	31 358	33 457	35 556	36 168	38 183

Gross domestic product (market prices)	115 699	127 052	145 394	160 603	164 054	176 690	190 796	208 223	227 012	245 550	264 367

1.5. GROSS VALUE ADDED BY ACTIVITIES AND GROSS DOMESTIC PRODUCT, current prices, 1995 – 2005

(continued)

	1995.	1996.	1997.	1998.	1999.	2000.	2001.	2002.	2003.	2004.	2005.

	GDP structure, %

A Agriculture, hunting and forestry	7,8	7,7	7,1	7,2	7,4	6,8	6,9	6,7	5,5	5,9	5,4
B Fishing	0,2	0,2	0,2	0,2	0,2	0,2	0,2	0,2	0,2	0,2	0,2
C Mining and quarrying	0,2	0,2	0,5	0,4	0,4	0,5	0,5	0,5	0,5	0,6	0,7
D Manufacturing	18,6	17,3	17,4	16,5	16,5	17,0	16,5	15,6	15,4	15,5	14,9
E Electricity, gas and water supply	2,6	2,7	2,5	2,3	2,6	2,2	2,0	2,2	2,1	2,4	2,3
F Construction	4,7	5,5	6,0	5,5	4,4	4,1	4,5	4,6	5,6	6,1	6,3
G Wholesale and retail trade; repair of motor vehicles motorcycles and personal and household goods	11,0	11,5	11,7	11,0	9,4	9,3	10,3	11,0	11,8	10,8	11,1
H Hotels and restaurants	2,2	2,7	2,9	2,9	2,7	3,1	3,3	3,5	3,6	3,6	3,7
I Transport, storage and communication	7,9	7,2	7,1	6,9	7,0	7,5	7,6	7,5	7,4	8,0	7,8
J Financial intermediation	3,0	3,3	2,9	3,1	3,6	3,3	3,7	4,1	4,4	4,4	5,0
K Real estate, renting and business activities	11,9	11,8	11,5	11,3	11,7	12,0	11,9	12,1	12,6	12,9	13,4
L Public administration and defence; compulsory social security	6,1	6,5	6,6	7,3	7,5	7,1	6,1	5,7	5,3	5,1	4,9
M Education	2,6	2,8	2,7	3,2	3,6	3,7	3,5	3,4	3,4	3,4	3,5
N Health and social work	2,4	3,0	3,3	3,8	4,4	4,3	4,0	4,0	3,8	3,8	3,8
O Other community, social and personal activities	1,9	1,9	1,9	1,9	2,3	2,4	2,4	2,6	2,5	2,4	2,6
P Private households with employed persons	0,0	0,0	0,0	0,0	0,1	0,2	0,1	0,2	0,1	0,1	0,1
Q Extra-territorial organizations and bodies	-	-	-	-	-	-	-	-	-	-	-

Gross value added (basic prices)	83,1	84,3	84,3	83,5	83,8	83,7	83,6	83,9	84,3	85,3	85,6

Taxes on products less subsidies on products	16,9	15,7	15,7	16,5	16,2	16,3	16,4	16,1	15,7	14,7	14,4

Gross domestic product (market prices)	100,0	100,0	100,0	100,0	100,0	100,0	100,0	100,0	100,0	100,0	100,0

1.5. GROSS VALUE ADDED BY ACTIVITIES AND GROSS DOMESTIC PRODUCT, current prices, 1995 – 2005

(continued)

	1995.	1996.	1997.	1998.	1999.	2000.	2001.	2002.	2003.	2004.	2005.

	Nominal indices, previous year=100

A Agriculture, hunting and forestry	-	108,2	106,3	112,0	104,7	99,1	108,5	106,1	89,5	117,2	97,1
B Fishing	-	78,5	126,9	118,9	104,4	103,5	108,6	137,1	103,0	103,3	110,1
C Mining and quarrying	-	98,3	267,9	98,7	95,8	137,4	112,3	110,0	109,6	126,0	119,8
D Manufacturing	-	102,1	115,0	104,6	101,9	111,0	105,1	103,4	107,0	109,5	103,4
E Electricity, gas and water supply	-	112,6	107,6	101,6	113,2	91,1	100,8	117,8	106,4	121,8	102,5
F Construction	-	129,4	124,9	101,6	81,6	100,4	118,0	112,3	130,5	118,5	112,0
G Wholesale and retail trade; repair of motor vehicles motorcycles and personal and household goods	-	115,4	116,0	103,6	87,7	106,2	120,3	116,3	117,2	99,0	110,1
H Hotels and restaurants	-	133,8	119,8	110,6	98,2	120,7	114,3	115,7	115,0	106,4	110,3
I Transport, storage and communication	-	100,6	112,0	107,7	104,1	115,1	110,0	107,7	107,4	116,0	105,1
J Financial intermediation	-	120,8	101,1	117,8	119,6	97,7	120,7	122,7	116,8	106,6	123,6
K Real estate, renting and business activities	-	109,5	111,2	108,9	105,0	111,1	107,3	110,2	114,1	110,4	111,8
L Public administration and defence; compulsory social security	-	116,8	115,8	122,4	105,5	102,2	92,5	101,9	101,2	103,2	103,4
M Education	-	119,6	112,3	128,1	116,4	111,5	102,1	104,2	110,7	108,0	109,6
N Health and social work	-	134,3	125,5	128,7	117,0	105,3	101,5	108,1	104,5	107,7	108,2
O Other community, social and personal activities	-	108,8	115,9	107,1	125,6	115,0	106,0	116,8	105,1	107,5	112,5
P Private households with employed persons	-	131,8	119,1	148,0	531,0	147,8	35,4	464,0	55,3	128,0	106,9
Q Extra-territorial organizations and bodies	-	-	-	-	-	-	-	-	-	-	-

Gross value added (basic prices)	-	111,4	114,3	109,4	102,6	107,5	107,8	109,6	109,5	109,4	108,0

Taxes on products less subsidies on products	-	102,0	115,1	115,9	100,1	108,6	108,7	106,7	106,3	101,7	105,6

Gross domestic product (market prices)	-	109,8	114,4	110,5	102,1	107,7	108,0	109,1	109,0	108,2	107,7

1.6. GROSS VALUE ADDED BY ACTIVITIES AND GROSS DOMESTIC PRODUCT, constant previous year prices, 1996 – 2005

	1996.	1997.	1998.	1999.	2000.	2001.	2002.	2003.	2004.	2005.

	Value, mln kuna

A Agriculture, hunting and forestry	9 214	9 995	11 018	11 245	12 389	12 309	13 614	12 837	13 771	14 439
B Fishing	205	203	276	240	348	361	417	479	478	598
C Mining and quarrying	226	269	653	718	641	919	1 085	1 074	1 145	1 615
D Manufacturing	21 930	23 039	25 955	27 373	28 504	30 454	32 935	33 731	36 289	39 440
E Electricity, gas and water supply	3 654	4 242	4 014	4 123	4 190	3 880	3 962	4 648	5 323	5 964
F Construction	6 480	8 002	8 659	7 877	7 272	7 703	8 917	11 952	14 348	16 517
G Wholesale and retail trade; repair of motor vehicles motorcycles and personal and household goods	14 483	16 498	16 628	15 770	15 410	19 143	23 034	26 157	26 898	28 556
H Hotels and restaurants	3 183	4 108	4 255	4 447	5 380	5 586	6 799	7 944	8 583	9 518
I Transport, storage and communication	9 569	9 417	10 871	10 353	11 524	14 658	14 662	16 441	18 677	20 584
J Financial intermediation	3 491	4 428	4 418	5 215	5 555	5 943	7 247	8 790	10 179	11 822
K Real estate, renting and business activities	14 084	15 672	17 395	18 482	20 079	21 179	24 097	26 241	29 740	32 301
L Public administration and defence; compulsory social security	7 250	8 437	9 791	12 162	12 585	12 403	11 424	11 444	11 794	12 279
M Education	2 979	3 668	4 123	5 251	5 972	6 565	6 913	7 062	7 967	8 608
N Health and social work	2 867	3 889	4 820	6 133	7 027	7 518	7 566	8 181	8 723	9 418
O Other community, social and personal activities	2 260	2 541	2 910	3 000	4 074	4 160	5 017	5 667	5 929	6 367
P Private households with employed persons	20	24	34	46	268	300	104	598	269	343
Q Extra-territorial organizations and bodies	-	-	-	-	-	-	-	-	-	-

Gross value added (basic prices)	101 894	114 433	125 821	132 436	141 217	153 080	167 792	183 246	200 114	218 368

Taxes on products less subsidies on products	20 558	21 237	22 664	25 753	27 812	30 385	33 388	35 299	36 545	37 517

Gross domestic product (market prices)	122 451	135 671	148 485	158 190	169 029	183 466	201 179	218 546	236 659	255 886

1.6. GROSS VALUE ADDED BY ACTIVITIES AND GROSS DOMESTIC PRODUCT, constant previous year prices, 1996 – 2005

(continued)

	1996.	1997.	1998.	1999.	2000.	2001.	2002.	2003.	2004.	2005.

	Volume changes, %

A Agriculture, hunting and forestry	2,1	2,3	6,2	-3,3	1,8	2,0	4,0	-7,5	10,8	-0,9
B Fishing	-20,6	0,5	7,5	-21,3	9,4	9,8	16,8	-2,2	-5,3	14,6
C Mining and quarrying	-9,8	9,5	-0,9	10,4	2,8	7,2	12,8	1,5	-1,3	10,5
D Manufacturing	1,8	4,7	2,5	3,4	5,6	1,6	4,5	3,6	4,1	3,3
E Electricity, gas and water supply	20,8	24,5	9,5	10,7	-0,6	1,0	2,2	1,8	9,6	0,8
F Construction	19,7	14,2	-1,1	-11,5	0,1	5,6	3,6	23,7	13,8	10,6
G Wholesale and retail trade; repair of motor vehicles motorcycles and personal and household goods	14,1	12,7	-2,1	-10,4	-0,1	16,9	16,9	14,2	0,2	7,4
H Hotels and restaurants	23,0	18,6	2,6	-3,1	19,4	2,7	9,3	10,4	3,7	8,1
I Transport, storage and communication	4,9	2,6	5,8	-6,4	0,1	10,6	0,6	4,7	10,7	5,2
J Financial intermediation	1,1	6,1	4,7	4,9	-6,6	2,2	3,3	2,1	1,2	10,3
K Real estate, renting and business activities	2,5	4,2	4,1	1,5	5,0	-0,2	5,8	4,5	3,8	2,1
L Public administration and defence; compulsory social security	2,4	2,0	2,2	3,8	1,8	-1,8	-2,2	-3,8	-2,0	-1,1
M Education	0,4	3,4	3,5	2,9	0,6	-0,9	2,2	0,2	2,1	2,2
N Health and social work	1,6	2,6	1,3	0,2	-1,9	-0,3	-1,1	-1,1	0,9	1,1
O Other community, social and personal activities	2,5	6,0	4,7	0,8	9,0	-3,2	10,1	6,5	6,0	5,9
P Private households with employed persons	26,5	15,1	40,3	28,1	39,0	5,3	3,4	27,9	3,9	3,4
Q Extra-territorial organizations and bodies	-	-	-	-	-	-	-	-	-	-

Gross value added (basic prices)	5,9	6,8	2,7	-1,2	2,7	3,5	5,2	4,9	4,5	4,3

Taxes on products less subsidies on products	5,4	6,8	-1,0	-3,0	4,7	5,3	6,5	5,5	2,8	3,7

Gross domestic product (market prices)	5,8	6,8	2,1	-1,5	3,0	3,8	5,4	5,0	4,2	4,2

1.7. GROSS VALUE ADDED BY ACTIVITIES AND GROSS DOMESTIC PRODUCT, constant previous year prices,
reference year 2000, 1995 – 2005

	1995.	1996.	1997.	1998.	1999.	2000.	2001.	2002.	2003.	2004.	2005.

	Value, mln kuna

A Agriculture, hunting and forestry	11 053	11 286	11 548	12 258	11 856	12 065	12 309	12 806	11 841	13 116	13 000
B Fishing	446	354	356	383	301	329	361	422	413	391	448
C Mining and quarrying	771	696	762	755	834	857	919	1 036	1 051	1 038	1 147
D Manufacturing	25 125	25 565	26 766	27 443	28 369	29 963	30 454	31 838	32 975	34 326	35 474
E Electricity, gas and water supply	2 120	2 561	3 189	3 493	3 867	3 842	3 880	3 967	4 038	4 425	4 459
F Construction	6 088	7 285	8 317	8 226	7 283	7 292	7 703	7 983	9 877	11 243	12 430
G Wholesale and retail trade; repair of motor vehicles motorcycles and personal and household goods	14 531	16 582	18 682	18 285	16 391	16 379	19 143	22 386	25 558	25 607	27 514
H Hotels and restaurants	3 140	3 862	4 582	4 699	4 555	5 438	5 586	6 108	6 744	6 992	7 556
I Transport, storage and communication	12 424	13 037	13 377	14 153	13 246	13 256	14 658	14 739	15 428	17 078	17 964
J Financial intermediation	5 284	5 340	5 666	5 933	6 224	5 812	5 943	6 138	6 268	6 346	6 997
K Real estate, renting and business activities	17 891	18 347	19 124	19 904	20 209	21 229	21 179	22 398	23 400	24 290	24 802
L Public administration and defence; compulsory social security	11 198	11 469	11 702	11 961	12 409	12 633	12 403	12 130	11 668	11 432	11 304
M Education	5 962	5 986	6 187	6 401	6 586	6 622	6 565	6 709	6 725	6 866	7 016
N Health and social work	7 265	7 382	7 572	7 672	7 684	7 539	7 518	7 434	7 356	7 424	7 509
O Other community, social and personal activities	3 443	3 529	3 739	3 913	3 944	4 299	4 160	4 580	4 877	5 171	5 475
P Private households with employed persons	78	99	114	160	205	285	300	310	396	412	426
Q Extra-territorial organizations and bodies	-	-	-	-	-	-	-	-	-	-	-

Gross value added (basic prices)	125 412	132 835	141 853	145 696	143 932	147 840	153 080	161 101	168 918	176 390	183 960

Taxes on products less subsidies on products	25 494	26 877	28 692	28 407	27 562	28 850	30 385	32 352	34 133	35 082	36 391

Gross domestic product (market prices)	150 848	159 652	170 481	174 106	171 489	176 690	183 466	193 450	203 040	211 669	220 578

1.7. GROSS VALUE ADDED BY ACTIVITIES AND GROSS DOMESTIC PRODUCT, constant previous year prices,
reference year 2000, 1995 – 2005

(continued)

	1995.	1996.	1997.	1998.	1999.	2000.	2001.	2002.	2003.	2004.	2005.

	Basic chain-linked indices¹⁾

A Agriculture, hunting and forestry	91,6	93,5	95,7	101,6	98,3	100,0	102,0	106,1	98,1	108,7	107,7
B Fishing	135,3	107,5	108,1	116,2	91,4	100,0	109,8	128,2	125,4	118,7	136,0
C Mining and quarrying	90,0	81,2	88,9	88,1	97,3	100,0	107,2	120,9	122,7	121,1	133,8
D Manufacturing	83,9	85,3	89,3	91,6	94,7	100,0	101,6	106,3	110,1	114,6	118,4
E Electricity, gas and water supply	55,2	66,7	83,0	90,9	100,6	100,0	101,0	103,3	105,1	115,2	116,0
F Construction	83,5	99,9	114,1	112,8	99,9	100,0	105,6	109,5	135,4	154,2	170,5
G Wholesale and retail trade; repair of motor vehicles motorcycles and personal and household goods	88,7	101,2	114,1	111,6	100,1	100,0	116,9	136,7	156,0	156,3	168,0
H Hotels and restaurants	57,7	71,0	84,3	86,4	83,8	100,0	102,7	112,3	124,0	128,6	138,9
I Transport, storage and communication	93,7	98,3	100,9	106,8	99,9	100,0	110,6	111,2	116,4	128,8	135,5
J Financial intermediation	90,9	91,9	97,5	102,1	107,1	100,0	102,2	105,6	107,9	109,2	120,4
K Real estate, renting and business activities	84,3	86,4	90,1	93,8	95,2	100,0	99,8	105,5	110,2	114,4	116,8
L Public administration and defence; compulsory social security	88,6	90,8	92,6	94,7	98,2	100,0	98,2	96,0	92,4	90,5	89,5
M Education	90,0	90,4	93,4	96,7	99,5	100,0	99,1	101,3	101,5	103,7	105,9
N Health and social work	96,4	97,9	100,4	101,8	101,9	100,0	99,7	98,6	97,6	98,5	99,6
O Other community, social and personal activities	80,1	82,1	87,0	91,0	91,7	100,0	96,8	106,5	113,4	120,3	127,4
P Private households with employed persons	27,5	34,8	40,0	56,1	71,9	100,0	105,3	108,9	139,3	144,7	149,6
Q Extra-territorial organizations and bodies	-	-	-	-	-	-	-	-	-	-	-

Gross value added (basic prices)	84,8	89,9	96,0	98,6	97,4	100,0	103,5	109,0	114,3	119,3	124,4

Taxes on products less subsidies on products	88,4	93,2	99,5	98,5	95,5	100,0	105,3	112,1	118,3	121,6	126,1

Gross domestic product (market prices)	85,4	90,4	96,5	98,5	97,1	100,0	103,8	109,5	114,9	119,8	124,8

1) Basic chain-linked indices are indices calculated for chain-linking consecutive year, where reference year (2000=100) is used as a base.

2.1. GROSS DOMESTIC PRODUCT AND PRIMARY INCOMES, current prices, 1995 – 2005

	1995.	1996.	1997.	1998.	1999.	2000.	2001.	2002.	2003.	2004.	2005.

	Value, mln kuna

Compensation of employees	53 089	60 433	69 683	79 444	84 983	89 671	92 058	102 712	102 851	120 104	128 258
Wages and salaries	45 532	51 699	59 400	67 676	72 597	77 364	80 407	88 703	90 460	105 336	112 060
Employers´ social contributions	7 557	8 735	10 283	11 768	12 387	12 307	11 651	14 009	12 391	14 768	16 198

Taxes on production and imports	22 016	22 949	26 186	30 808	31 517	34 111	36 652	38 687	41 591	43 141	45 575
Taxes on products	21 683	22 838	26 084	30 701	30 821	33 318	35 733	37 689	40 539	41 862	44 183
Other taxes on production	334	111	102	107	696	793	919	999	1 052	1 279	1 392

Less: Subsidies	2 183	2 944	3 192	4 158	4 250	4 468	4 375	4 232	4 983	5 694	6 000

Gross operating surplus	28 443	31 115	36 085	36 829	33 267	38 500	45 205	48 513	66 520	64 282	72 191
Consumption of fixed capital	17 936	18 328	20 607	22 493	23 411	24 668	30 953	30 895	35 054	39 077	36 795
Net operating surplus	10 507	12 786	15 478	14 336	9 856	13 832	14 252	17 618	31 465	25 205	35 397

Gross mixed income	14 334	15 499	16 632	17 680	18 537	18 876	21 256	22 542	21 033	23 717	24 343
Consumtion of fixed capital	1 861	1 367	1 675	1 874	2 167	2 197	2 566	2 725	2 677	3 236	2 813
Net mixed income	12 473	14 132	14 957	15 805	16 370	16 680	18 690	19 817	18 356	20 481	21 530

Gross domestic product	115 699	127 052	145 394	160 603	164 054	176 690	190 796	208 223	227 012	245 550	264 367


	Structure (%)

Compensation of employees	45,9	47,6	47,9	49,5	51,8	50,8	48,2	49,3	45,3	48,9	48,5
Wages and salaries	39,4	40,7	40,9	42,1	44,3	43,8	42,1	42,6	39,8	42,9	42,4
Employers´social contributions	6,5	6,9	7,1	7,3	7,6	7,0	6,1	6,7	5,5	6,0	6,1

Taxes on production and imports	19,0	18,1	18,0	19,2	19,2	19,3	19,2	18,6	18,3	17,6	17,2
Taxes on products	18,7	18,0	17,9	19,1	18,8	18,9	18,7	18,1	17,9	17,0	16,7
Other taxes on production	0,3	0,1	0,1	0,1	0,4	0,4	0,5	0,5	0,5	0,5	0,5

Less: Subsidies	1,9	2,3	2,2	2,6	2,6	2,5	2,3	2,0	2,2	2,3	2,3

Gross operating surplus	24,6	24,5	24,8	22,9	20,3	21,8	23,7	23,3	29,3	26,2	27,3
Consumption of fixed capital	15,5	14,4	14,2	14,0	14,3	14,0	16,2	14,8	15,4	15,9	13,9
Net operating surplus	9,1	10,1	10,6	8,9	6,0	7,8	7,5	8,5	13,9	10,3	13,4

Gross mixed income	12,4	12,2	11,4	11,0	11,3	10,7	11,1	10,8	9,3	9,7	9,2
Consumtion of fixed capital	1,6	1,1	1,2	1,2	1,3	1,2	1,3	1,3	1,2	1,3	1,1
Net mixed income	10,8	11,1	10,3	9,8	10,0	9,4	9,8	9,5	8,1	8,3	8,1

Gross domestic product	100,0	100,0	100,0	100,0	100,0	100,0	100,0	100,0	100,0	100,0	100,0

3.1. GROSS DOMESTIC PRODUCT, BY EXPENDITURE APPROACH, current prices, 1995 – 2005

	1995.	1996.	1997.	1998.	1999.	2000.	2001.	2002.	2003.	2004.	2005.

	Value, mln kuna

Final consumption	106 319	110 311	127 139	137 383	140 193	149 399	157 840	173 071	184 862	197 411	211 966
Individual consumption	87 329	91 222	106 426	114 616	118 257	130 276	139 620	154 463	165 222	176 085	189 140
Households	76 830	80 573	94 318	100 050	100 182	108 992	119 393	132 274	141 323	150 341	162 165
NPISH	1 180	1 707	2 028	1 702	1 821	2 020	1 583	1 430	1 574	1 402	1 217
General government	28 309	28 031	30 793	35 632	38 190	38 387	36 864	39 366	41 965	45 668	48 584
Individual consumption	9 319	8 942	10 079	12 865	16 254	19 264	18 644	20 759	22 325	24 343	25 758
Collective consumption	18 990	19 089	20 713	22 767	21 936	19 123	18 220	18 608	19 640	21 326	22 826
Gross capital formation	19 030	25 081	37 118	34 131	34 042	32 994	40 319	52 506	60 011	63 792	69 501
Gross fixed capital formation	15 398	22 089	29 936	32 066	33 025	33 281	36 984	44 105	56 662	60 512	65 008
Changes in inventories, statistical dicrepancy included	3 632	2 991	7 183	2 066	1 017	-287	3 335	8 401	3 350	3 280	4 493
Exports of goods and services	38 201	45 527	51 652	56 394	59 953	74 273	83 526	85 463	97 455	106 233	112 674
Less: Imports of goods and services	47 851	53 867	70 515	67 305	70 133	79 975	90 888	102 818	115 317	121 886	129 773

Gross domestic product	115 699	127 052	145 394	160 603	164 054	176 690	190 796	208 223	227 012	245 550	264 367


	GDP structure, %

Final consumption	91,9	86,8	87,4	85,5	85,5	84,6	82,7	83,1	81,4	80,4	80,2
Individual consumption	75,5	71,8	73,2	71,4	72,1	73,7	73,2	74,2	72,8	71,7	71,5
Households	66,4	63,4	64,9	62,3	61,1	61,7	62,6	63,5	62,3	61,2	61,3
NPISH	1,0	1,3	1,4	1,1	1,1	1,1	0,8	0,7	0,7	0,6	0,5
General government	24,5	22,1	21,2	22,2	23,3	21,7	19,3	18,9	18,5	18,6	18,4
Individual consumption	8,1	7,0	6,9	8,0	9,9	10,9	9,8	10,0	9,8	9,9	9,7
Collective consumption	16,4	15,0	14,2	14,2	13,4	10,8	9,5	8,9	8,7	8,7	8,6
Gross capital formation	16,4	19,7	25,5	21,3	20,8	18,7	21,1	25,2	26,4	26,0	26,3
Gross fixed capital formation	13,3	17,4	20,6	20,0	20,1	18,8	19,4	21,2	25,0	24,6	24,6
Changes in inventories, statistical dicrepancy included	3,1	2,4	4,9	1,3	0,6	-0,2	1,7	4,0	1,5	1,3	1,7
Exports of goods and services	33,0	35,8	35,5	35,1	36,5	42,0	43,8	41,0	42,9	43,3	42,6
Less: Imports of goods and services	41,4	42,4	48,5	41,9	42,7	45,3	47,6	49,4	50,8	49,6	49,1

Gross domestic product	100,0	100,0	100,0	100,0	100,0	100,0	100,0	100,0	100,0	100,0	100,0

3.1. GROSS DOMESTIC PRODUCT, BY EXPENDITURE APPROACH, current prices, 1995 – 2005

(continued)

	1995.	1996.	1997.	1998.	1999.	2000.	2001.	2002.	2003.	2004.	2005.

	Nominal indices, previous year =100

Final consumption	-	103,8	115,3	108,1	102,0	106,6	105,6	109,6	106,8	106,8	107,4
Individual consumption	-	104,5	116,7	107,7	103,2	110,2	107,2	110,6	107,0	106,6	107,4
Households	-	104,9	117,1	106,1	100,1	108,8	109,5	110,8	106,8	106,4	107,9
NPISH	-	144,6	118,8	83,9	107,0	110,9	78,4	90,4	110,1	89,1	86,8
General government	-	99,0	109,9	115,7	107,2	100,5	96,0	106,8	106,6	108,8	106,4
Individual consumption	-	96,0	112,7	127,6	126,3	118,5	96,8	111,3	107,5	109,0	105,8
Collective consumption	-	100,5	108,5	109,9	96,4	87,2	95,3	102,1	105,5	108,6	107,0
Gross capital formation	-	131,8	148,0	92,0	99,7	96,9	122,2	130,2	114,3	106,3	108,9
Gross fixed capital formation	-	143,5	135,5	107,1	103,0	100,8	111,1	119,3	128,5	106,8	107,4
Exports of goods and services	-	119,2	113,5	109,2	106,3	123,9	112,5	102,3	114,0	109,0	106,1
Less: Imports of goods and services	-	112,6	130,9	95,4	104,2	114,0	113,6	113,1	112,2	105,7	106,5

Gross domestic product	-	109,8	114,4	110,5	102,1	107,7	108,0	109,1	109,0	108,2	107,7

3.2. GROSS DOMESTIC PRODUCT BY EXPENDITURE APPROACH, constant previous year prices, 1996 – 2005

	1996.	1997.	1998.	1999.	2000.	2001.	2002.	2003.	2004.	2005.

	Value, mln kuna

Final consumption	106 866	120 934	127 712	135 064	143 111	152 103	169 418	179 956	192 065	204 525
Individual consumption	88 142	101 328	106 741	112 951	124 032	134 055	151 224	161 134	171 707	182 660
Households	77 735	90 195	94 164	96 711	103 783	114 307	129 278	138 621	147 376	156 887
NPISH	1 644	1 857	1 539	1 683	1 740	1 514	1 475	1 520	1 377	1 189
General government	27 487	28 881	32 008	36 670	37 588	36 282	38 665	39 814	43 313	46 449
Individual consumption	8 763	9 275	11 037	14 557	18 509	18 234	20 470	20 992	22 954	24 585
Collective consumption	18 724	19 606	20 971	22 113	19 079	18 048	18 195	18 822	20 359	21 865
Gross capital formation	24 100	34 612	32 649	31 792	31 480	38 801	50 347	58 209	62 637	67 856
Gross fixed capital formation	21 184	27 920	30 692	30 815	31 757	35 628	42 130	54 980	59 476	63 449
Changes in inventories, statistical dicrepancy included	2 916	6 692	1 957	977	-277	3 173	8 218	3 229	3 160	4 407
Exports of goods and services	43 673	47 418	54 644	56 925	67 135	80 772	84 416	95 414	102 714	110 194
Less: Imports of goods and services	52 188	67 293	66 520	65 592	72 697	88 211	103 003	115 033	120 757	126 689

Gross domestic product	122 451	135 671	148 485	158 190	169 029	183 466	201 179	218 546	236 659	255 886


	Volume changes, %

Final consumption	0,5	9,6	0,5	-1,7	2,1	1,8	7,3	4,0	3,9	3,6
Individual consumption	0,9	11,1	0,3	-1,5	4,9	2,9	8,3	4,3	3,9	3,7
Households	1,2	11,9	-0,2	-3,3	3,6	4,9	8,3	4,8	4,3	4,4
NPISH	39,3	8,8	-24,1	-1,1	-4,5	-25,1	-6,8	6,3	-12,6	-15,2
General government	-2,9	3,0	3,9	2,9	-1,6	-5,5	4,9	1,1	3,2	1,7
Individual consumption	-6,0	3,7	9,5	13,1	13,9	-5,3	9,8	1,1	2,8	1,0
Collective consumption	-1,4	2,7	1,2	-2,9	-13,0	-5,6	-0,1	1,1	3,7	2,5
Gross capital formation	26,6	38,0	-12,0	-6,9	-7,5	17,6	24,9	10,9	4,4	6,4
Gross fixed capital formation	37,6	26,4	2,5	-3,9	-3,8	7,1	13,9	24,7	5,0	4,9
Exports of goods and services	14,3	4,2	5,8	0,9	12,0	8,8	1,1	11,6	5,4	3,7
Less: Imports of goods and services	9,1	24,9	-5,7	-2,5	3,7	10,3	13,3	11,9	4,7	3,9

Gross domestic product	5,8	6,8	2,1	-1,5	3,0	3,8	5,4	5,0	4,2	4,2

3.3. GROSS DOMESTIC PRODUCT BY EXPENDITURE APPROACH, constant previous year prices, reference year 2000, 1995 – 2005

	1995.	1996.	1997.	1998.	1999.	2000.	2001.	2002.	2003.	2004.	2005.

	Value, mln kuna

Final consumption	134 489	135 181	148 198	148 866	146 353	149 399	152 103	163 261	169 756	176 370	182 726
Individual consumption	112 093	113 137	125 670	126 042	124 210	130 276	134 055	145 196	151 467	157 412	163 290
Households	96 255	97 389	109 021	108 843	105 210	108 992	114 307	123 772	129 711	135 267	141 157
NPISH	1 860	2 590	2 817	2 138	2 115	2 020	1 514	1 411	1 500	1 311	1 112
General government	36 443	35 385	36 457	37 897	39 001	38 387	36 282	38 055	38 487	39 723	40 402
Individual consumption	13 997	13 163	13 653	14 950	16 916	19 264	18 234	20 020	20 245	20 815	21 022
Collective consumption	22 078	21 769	22 358	22 637	21 987	19 123	18 048	18 023	18 231	18 898	19 375
Gross capital formation	24 916	31 555	43 547	38 304	35 678	32 994	38 801	48 452	53 714	56 064	59 636
Gross fixed capital formation	20 200	27 791	35 127	36 015	34 610	33 281	35 628	40 585	50 592	53 106	55 683
Changes in inventories, statistical dicrepancy included	4 566	3 666	8 200	2 234	1 057	-287	3 173	7 818	3 005	2 835	3 810
Exports of goods and services	52 161	59 632	62 108	65 707	66 326	74 273	80 772	81 633	91 138	96 056	99 637
Less: Imports of goods and services	61 597	67 180	83 925	79 170	77 155	79 975	88 211	99 968	111 845	117 121	121 737

Gross domestic product	150 848	159 652	170 481	174 106	171 489	176 690	183 466	193 450	203 040	211 669	220 578


	Basic chain-linked indices¹⁾, reference year 2000

Final consumption	90,0	90,5	99,2	99,6	98,0	100,0	101,8	109,3	113,6	118,1	122,3
Individual consumption	86,0	86,8	96,5	96,7	95,3	100,0	102,9	111,5	116,3	120,8	125,3
Households	88,3	89,4	100,0	99,9	96,5	100,0	104,9	113,6	119,0	124,1	129,5
NPISH	92,1	128,2	139,5	105,8	104,7	100,0	74,9	69,8	74,2	64,9	55,0
General government	94,9	92,2	95,0	98,7	101,6	100,0	94,5	99,1	100,3	103,5	105,2
Individual consumption	72,7	68,3	70,9	77,6	87,8	100,0	94,7	103,9	105,1	108,1	109,1
Collective consumption	115,5	113,8	116,9	118,4	115,0	100,0	94,4	94,3	95,3	98,8	101,3
Gross capital formation	75,5	95,6	132,0	116,1	108,1	100,0	117,6	146,9	162,8	169,9	180,7
Gross fixed capital formation	60,7	83,5	105,5	108,2	104,0	100,0	107,1	121,9	152,0	159,6	167,3
Exports of goods and services	70,2	80,3	83,6	88,5	89,3	100,0	108,8	109,9	122,7	129,3	134,2
Less: Imports of goods and services	77,0	84,0	104,9	99,0	96,5	100,0	110,3	125,0	139,8	146,4	152,2

Gross domestic product	85,4	90,4	96,5	98,5	97,1	100,0	103,8	109,5	114,9	119,8	124,8

1) Basic chain-linked indices are indices calculated for chain-linking consecutive year, where reference year (2000=100) is used as a base.

4.1. MAIN AGGREGATES OF NATIONAL ACCOUNTS, current prices, 1995 – 2005

	1995.	1996.	1997.	1998.	1999.	2000.	2001.	2002.	2003.	2004.	2005.

	Value, mln kuna

Gross domestic product	115 699	127 052	145 394	160 603	164 054	176 690	190 796	208 223	227 012	245 550	264 367
Plus: Net primary incomes from the rest of the world	-6	-209	550	-876	-3 228	-3 569	-3 829	-3 650	-7 892	-4 432	-6 487
Primary incomes receivable from the rest of the world	1 153	1 462	2 278	2 492	1 836	2 844	3 824	3 419	3 325	5 292	5 321
Compensation of employees	202	252	433	516	536	688	1 174	1 387	1 645	2 010	2 139
Property income, receivable interest	44	97	130	41	36	87	253	186	267	1 544	1 171
Other property income	906	1 113	1 716	1 935	1 264	2 069	2 396	1 847	1 413	1 738	2 012
Primary incomes payable to the rest of the world	1 158	1 671	1 729	3 368	5 064	6 413	7 652	7 069	11 217	9 724	11 809
Compensation of employees	0	42	90	72	106	108	107	145	253	258	218
Property income, receivable interest	34	47	617	1 369	1 991	3 082	4 718	4 417	8 523	6 715	8 230
Other property income	1 124	1 582	1 022	1 926	2 967	3 223	2 828	2 508	2 441	2 751	3 360
Gross national income	115 693	126 843	145 944	159 727	160 826	173 121	186 967	204 573	219 120	241 118	257 880
Plus: Net current transfers from the rest of the world	4 918	6 030	5 343	4 497	4 508	7 314	8 193	8 531	9 414	8 927	8 758
Current transfers receivable from the rest of the world	5 074	6 388	5 926	5 846	6 901	9 119	9 934	10 761	11 640	11 873	12 047
Current transfers payable to the rest of the world	156	358	583	1 349	2 393	1 805	1 741	2 230	2 226	2 946	3 289
Gross national disposable income	120 611	132 873	151 286	164 224	165 334	180 434	195 160	213 104	228 533	250 045	266 638
Less: Final consumption expenditure	106 319	110 311	127 139	137 383	140 193	149 399	157 840	173 071	184 862	197 411	211 966
Gross saving	14 292	22 562	24 147	26 841	25 141	31 035	37 320	40 033	43 671	52 634	54 672
Less: Consumption of fixed capital	19 797	19 695	22 282	24 368	25 578	26 867	33 516	33 413	37 731	42 459	48 108
Net saving	-5 505	2 866	1 866	2 473	-437	4 168	3 804	6 620	5 940	10 175	6 564
Less: Gross capital formation	19 030	25 081	37 118	34 131	34 042	32 994	40 319	52 506	60 011	63 792	69 501
Surplus on the current account with the rest of the world	-4 738	-2 519	-12 971	-7 290	-8 901	-1 959	-2 999	-12 473	-16 340	-11 158	-14 829

4.1. MAIN AGGREGATES OF NATIONAL ACCOUNTS, current prices, 1995-2005

(continued)

	1995.	1996.	1997.	1998.	1999.	2000.	2001.	2002.	2003.	2004.	2005.

	GDP structure, %

Gross domestic product	100,0	100,0	100,0	100,0	100,0	100,0	100,0	100,0	100,0	100,0	100,0
Plus: Net primary incomes from the rest of the world	0,0	-0,2	0,4	-0,5	-2,0	-2,0	-2,0	-1,8	-3,5	-1,8	-2,5
Primary incomes receivable from the rest of the world	1,0	1,2	1,6	1,6	1,1	1,6	2,0	1,6	1,5	2,2	2,0
Compensation of employees	0,2	0,2	0,3	0,3	0,3	0,4	0,6	0,7	0,7	0,8	0,8
Property income, receivable interest	0,0	0,1	0,1	0,0	0,0	0,0	0,1	0,1	0,1	0,6	0,4
Other property income	0,8	0,9	1,2	1,2	0,8	1,2	1,3	0,9	0,6	0,7	0,8
Primary incomes payable to the rest of the world	1,0	1,3	1,2	2,1	3,1	3,6	4,0	3,4	4,9	4,0	4,5
Compensation of employees	0,0	0,0	0,1	0,0	0,1	0,1	0,1	0,1	0,1	0,1	0,1
Property income, receivable interest	0,0	0,0	0,4	0,9	1,2	1,7	2,5	2,1	3,8	2,7	3,1
Other property income	1,0	1,2	0,7	1,2	1,8	1,8	1,5	1,2	1,1	1,1	1,3
Gross national income	100,0	99,8	100,4	99,5	98,0	98,0	98,0	98,2	96,5	98,2	97,5
Plus: Net current transfers from the rest of the world	4,3	4,7	3,7	2,8	2,7	4,1	4,3	4,1	4,1	3,6	3,3
Current transfers receivable from the rest of the world	4,4	5,0	4,1	3,6	4,2	5,2	5,2	5,2	5,1	4,8	4,6
Current transfers payable to the rest of the world	0,1	0,3	0,4	0,8	1,5	1,0	0,9	1,1	1,0	1,2	1,2
Gross national disposable income	104,2	104,6	104,1	102,3	100,8	102,1	102,3	102,3	100,7	101,8	100,9
Less: Final consumption expenditure	91,9	86,8	87,4	85,5	85,5	84,6	82,7	83,1	81,4	80,4	80,2
Gross saving	12,4	17,8	16,6	16,7	15,3	17,6	19,6	19,2	19,2	21,4	20,7
Less: Consumption of fixed capital	17,1	15,5	15,3	15,2	15,6	15,2	17,6	16,0	16,6	17,3	18,2
Net saving	-4,8	2,3	1,3	1,5	-0,3	2,4	2,0	3,2	2,6	4,1	2,5
Less: Gross capital formation	16,4	19,7	25,5	21,3	20,8	18,7	21,1	25,2	26,4	26,0	26,3
Surplus on the current account with the rest of the world	-4,1	-2,0	-8,9	-4,5	-5,4	-1,1	-1,6	-6,0	-7,2	-4,5	-5,6

5.1. EMPLOYMENT, 1996 – 2005

	1996.	1997.	1998.	1999.	2000.	2001.	2002.	2003.	2004.	2005.

	Total

A Agriculture, hunting and forestry	174 160	160 309	187 970	176 387	173 780	165 784	160 391	175 224	170 589	164 381
B Fishing	3 525	3 283	3 692	3 573	3 586	3 791	4 150	4 443	4 292	4 411
C Mining and quarrying	10 177	8 477	8 200	8 404	8 180	7 733	7 032	8 025	8 300	8 550
D Manufacturing	368 142	312 401	305 350	296 283	288 890	287 030	285 084	288 396	289 400	287 034
E Electricity, gas and water supply	32 089	26 730	26 898	27 092	27 418	27 655	27 112	26 809	27 117	27 274
F Construction	101 520	88 915	96 525	95 641	88 749	90 222	98 344	108 101	115 754	121 007
G Wholesale and retail trade; repair of motor vehicles motorcycles and personal and household goods	213 782	185 585	200 844	198 006	198 309	205 831	213 896	226 941	237 396	240 423
H Hotels and restaurants	80 018	72 673	75 539	72 980	74 960	76 404	77 377	78 521	78 284	79 072
I Transport, storage and communication	118 166	100 366	98 488	96 303	96 503	96 768	96 150	97 664	97 084	96 505
J Financial intermediation	33 808	28 308	29 188	29 156	30 294	29 825	30 306	31 154	31 515	32 966
K Real estate, renting and business activities	63 070	54 910	61 391	64 219	66 290	69 553	71 817	76 993	85 253	89 830
L Public administration and defence; compulsory social security	57 203	48 077	122 641	123 742	122 350	121 332	118 179	116 205	107 241	105 087
M Education	92 569	77 112	78 820	80 188	82 544	83 817	85 318	86 896	89 398	91 955
N Health and social work	98 504	82 920	81 377	82 065	82 120	82 393	82 630	83 989	85 612	87 066
O Other community, social and personal activities	41 226	35 922	38 355	40 702	42 429	44 008	46 861	50 664	54 783	57 201
P Private households with employed persons	7 232	7 956	9 999	11 582	13 232	14 503	13 452	13 107	12 928	12 851
Q Extra-territorial organizations and bodies	1 608	1 518	1 838	1 038	...	...	...	...	...	...

Total	1 496 799	1 295 462	1 427 115	1 407 361	1 399 634	1 406 649	1 418 099	1 473 132	1 494 946	1 505 613

5.1. EMPLOYMENT, 1996 – 2005

(continued)

	1996.	1997.	1998.	1999.	2000.	2001.	2002.	2003.	2004.	2005.

	Employees

A Agriculture, hunting and forestry	40 301	33 619	32 129	32 011	31 316	30 953	30 160	30 524	29 109	28 628
B Fishing	2 189	2 019	2 137	2 045	2 062	2 237	2 522	2 779	2 634	2 761
C Mining and quarrying	10 174	8 475	8 197	8 399	8 172	7 715	6 988	7 939	8 179	8 416
D Manufacturing	358 308	303 094	293 901	285 189	277 838	275 826	273 590	276 523	277 061	274 688
E Electricity, gas and water supply	32 089	26 730	26 898	27 092	27 418	27 655	27 112	26 809	27 117	27 274
F Construction	92 772	80 635	86 340	85 937	79 297	80 800	88 735	98 026	104 837	109 445
G Wholesale and retail trade; repair of motor vehicles motorcycles and personal and household goods	195 647	168 421	179 731	177 522	178 268	185 500	193 125	205 882	216 464	220 288
H Hotels and restaurants	69 329	62 557	63 095	60 925	62 871	63 898	64 669	65 611	65 430	66 395
I Transport, storage and communication	108 806	91 507	87 591	86 096	86 704	87 185	86 718	88 287	87 946	87 630
J Financial intermediation	33 370	27 893	28 678	28 683	29 848	29 363	29 842	30 657	31 016	32 235
K Real estate, renting and business activities	55 976	48 196	53 132	56 212	58 164	61 142	63 069	67 782	75 353	79 435
L Public administration and defence; compulsory social security	54 017	45 062	118 932	120 812	122 346	121 329	118 165	116 192	107 235	105 083
M Education	92 561	77 105	78 811	80 162	82 504	83 758	85 240	86 783	89 259	91 838
N Health and social work	95 615	80 186	78 014	77 368	76 556	76 601	76 705	78 028	79 468	80 880
O Other community, social and personal activities	35 585	30 583	31 788	33 763	35 412	36 606	38 940	41 961	45 428	47 487
P Private households with employed persons	6 813	7 557	8 181	9 775	11 647	13 059	11 985	11 675	11 864	11 594
Q Extra-territorial organizations and bodies	29	24	...	...	...	...	...	...	...	...

Total	1 283 581	1 093 663	1 177 555	1 171 991	1 170 423	1 183 627	1 197 565	1 235 458	1 258 400	1 274 077

5.1. EMPLOYMENT, 1996 – 2005

(continued)

	1996.	1997.	1998.	1999.	2000.	2001.	2002.	2003.	2004.	2005.

	Self employed

A Agriculture, hunting and forestry	133 859	126 690	155 841	144 376	142 464	134 831	130 231	144 700	141 480	135 753
B Fishing	1 336	87	1 555	1 528	1 524	1 554	1 628	1 664	1 658	1 650
C Mining and quarrying	3	87	3	5	8	18	44	86	121	134
D Manufacturing	9 834	9 307	11 449	11 094	11 052	11 204	11 494	11 873	12 339	12 346
E Electricity, gas and water supply	-	-	-	-	-	-	-	-	-	-
F Construction	8 748	8 280	10 185	9 704	9 452	9 422	9 609	10 075	10 917	11 562
G Wholesale and retail trade; repair of motor vehicles motorcycles and personal and household goods	18 135	17 164	21 113	20 484	20 041	20 331	20 771	21 059	20 932	20 135
H Hotels and restaurants	10 689	10 116	12 444	12 055	12 089	12 506	12 708	12 910	12 854	12 677
I Transport, storage and communication	9 360	8 859	10 897	10 207	9 799	9 583	9 432	9 377	9 138	8 875
J Financial intermediation	438	415	510	473	446	462	464	497	499	731
K Real estate, renting and business activities	7 094	6 714	8 259	8 007	8 126	8 411	8 748	9 211	9 900	10 395
L Public administration and defence; compulsory social security	3 186	3 015	3 709	2 930	4	3	14	13	6	4
M Education	8	7	9	26	40	59	78	113	139	117
N Health and social work	2 889	2 734	3 363	4 697	5 564	5 792	5 925	5 961	6 144	6 186
O Other community, social and personal activities	5 641	5 339	6 567	6 939	7 017	7 402	7 921	8 703	9 355	9 714
P Private households with employed persons	419	399	1 818	1 808	1 585	1 444	1 467	1 433	1 064	1 258
Q Extra-territorial organizations and bodies	1 579	1 494	1 838	1 038	...	...	...	...	...	...

Total	213 218	201 799	249 560	235 370	229 211	223 022	220 534	237 674	236 546	231 536

6.1. IMPLICIT GDP DEFLATORS, 1996 – 2005

	1996.	1997.	1998.	1999.	2000.	2001.	2002.	2003.	2004.	2005.

	Implicit deflators, %

Final consumption	103,2	105,1	107,6	103,8	104,4	103,8	102,2	102,7	102,8	103,6
Households	103,6	104,6	106,2	103,6	105,0	104,4	102,3	101,9	102,0	103,4
General government	102,0	106,6	111,3	104,1	102,1	101,6	101,8	105,4	105,4	104,6
Gross capital formation	104,1	107,2	104,5	107,1	104,8	103,9	104,3	103,1	101,8	102,4
Exports of goods and services	104,2	108,9	103,2	105,3	110,6	103,4	101,2	102,1	103,4	102,3
Less: Imports of goods and services	103,2	104,8	101,2	106,9	110,0	103,0	99,8	100,2	100,9	102,4

Gross domestic product	103,8	107,2	108,2	103,7	104,5	104,0	103,5	103,9	103,8	103,3

NOTES ON METHODOLOGY

Gross domestic product (GDP) of the Republic of Croatia, annual calculation at current and constant prices

The main data sources are annual financial reports from FINA’s Register of Annual Accounts (for enterprises, banks and savings banks and insurance companies), the Annual Report for Budgetary Users, statistical report for non-profit institutions, annual data of the Tax Administration Agency for non-incorporated units and self-employed persons, statistical surveys, monetary statistics and the Balance of Payments data of the Croatian National Bank and fiscal statistics of the Ministry of Finance .

The gross domestic product of the Republic of Croatia has been calculated according to the methodology of the UN System of National Accounts (SNA 1993) and European System of National Accounts (ESA 1995). The calculation has been made on the basis of available statistical data according to the National Classification of Economic Activities, 2002 version, at the division level at current and constant prices. Business entities are grouped within activities as institutional units and not as pure kind-of-activity units.

The total and per capita GDP in US$ and in EUR have been calculated on the basis of the total calculated GDP at current prices, the average annual US$ and EUR exchange rate of the Croatian National Bank and the estimated number of the total mid-year population.

Definitions and explanations

Gross output is defined as a market value of produced goods and services. It is calculated by activities at approximate basic prices, since all subsidies are treated as subsidies on products, that is, included into the calculation at the national economy level. The gross output includes market output, output for own final use (e.g., output of agricultural products on small family farms and imputed rents of owner occupiers) and other non-market output (output of individual non-market services produced by government and non-profit institutions serving households and output of collective services produced by government).

Intermediate consumption at purchase prices is the value of goods and services that are transformed, used up or consumed in the production process.

Value added, as the output value increase equals the difference between gross output and intermediate consumption. Value added at basic prices also equals the sum of compensation of employees, other taxes on production, less other subsidies on production, and the sum of gross operating surplus and gross mixed income.

Taxes on products are all taxes and import duties, VAT, excises and similar taxes.

Subsidies on products are unrequited payments to market producers, made by general government institutions.

Other taxes on production include income payroll taxes (earnings) and taxes on capital and their amount is not dependent on business results (e.g., firm tax, fees, dues, etc.).

Compensation of employees includes all income in cash and kind that employees received as compensation for their work and all employers' social contributions. Employers’ social contribution includes compulsory and voluntary social contributions. Remuneration to employees include the following: commuting costs covered by employers, housing and family separation compensations, children’s allowances, special holiday supplements, severance payments etc. Gross wages and salaries include tips in restaurants, hairdressers, taxi and similar services (part of N7 non-exhaustiveness).

Gross operating surplus is a residual category of value added by activities calculated by diminishing gross value added by compensation of employees and other net taxes on production. This item is created in the non-financial and financial corporations and households sectors. In households housing activity of owner-occupiers (imputed dwelling rent), the net operating surplus was estimated at 2.5% of the total net value of dwellings. In non-market activities, the gross operating surplus equals the consumption of fixed capital.

Mixed income is the alternative term for operating surplus of unincorporated enterprises in which it is impossible to distinguish capital incomes from labour incomes.

Employment covers all permanently employed persons according to the domestic concept as well as self-employed persons together with unpaid family workers in agriculture and self-employed persons in other household activities. Basic data source on employees is the Croatian Institute for Pension Insurance. Data for self-employed is sourced from the Croatian Institute for Pension Insurance and the Tax Administration Office data.

Implicit deflator is an index calculated as dividing data at current prices by data at constant prices.

Gross domestic product at market prices expresses the value of all goods and services of resident units. GDP by production appraoch equals gross output at basic prices less intermediate consumption at market prices plus taxes on products and minus subsidies on products. Gross domestic products by income approach equals the sum of compensation of employees, net taxes on production (taxes on production less subsidies on production) and gross operating surplus and mixed income. By expenditure approach, gross domestic product equals the total domestic consumption and difference between export and import of goods and services with the rest of the world (RoW). Domestic consumption includes resident household expenditure (national concept), expenditure of non-profit institutions serving households and general government and gross capital formation.

Calculation of gross domestic product at constant prices is a very important indicator of measuring of the dynamics and level of economic development deprived from the influence of prices. For the period from 1996 to 2005 in the calculation of GDP at constant prices, the concept of double deflation is used (which means that GDP in constant prices is calculated as a difference between deflated gross output and intermediate consumption). Current values are deflated by price indices of the previous year (that is, GDP for a current year at constant prices has been expressed at previous year prices).

The volume indicators are used for the transportation and telecommunication activities, while the input indicators (the number of employees) are used for most services. The calculation has been made at the division level of the National Classification of Activities.

Final consumption expenditure is composed of aggregates of individual consumption expenditures and collective government consumption expenditures. Individual consumption is composed of household expenditures, expenditures of non-profit institutions serving households (NPISHs) and individual government expenditures. Individual government expenditures comprise payments for non-market government services (education, health, social care, culture, sport, etc.) and market goods and services (pharmaceutical and therapeutic products, health resort services, etc.). Non-profit institutions serving households (NPISH) consist of NPIs, which provide goods and services to households, either free of charge or at prices that are not economically significant (such as political parties, trade unions, churches or religious communities, social, cultural, recreational or sport clubs charity organisations or aid agencies, etc.). Collective government expenditures consist of expenditures on administrative, defence, economic, R&D and other non-market government services.

The compilation of GDP at market prices according to the expenditure method at current prices was based on the data from regular surveys conducted by the Central Bureau of Statistics (CBS), the Ministry of Finance, the Croatian National Bank (CNB) and the Financial Agency (FINA).

Final consumption expenditures of households consist of residential households expenditures for consumed goods and services.

Final consumption expenditures of households have been calculated on the basis of quarterly retail trade data and turnover data on hotels and restaurants from regular surveys of the Central Bureau of Statistics. Consumption expenditures of other services that are not covered by the regular surveys of the Central Bureau of Statistics were calculated by extrapolating of consumption values from the basic year by using volume indices from the production approach and relevant cost of living indices for the period from 1997 to 2003, and appropriate consumer price indices for the period from 2004 to 2005.

Gross capital formation is composed of gross fixed capital formation and changes in stocks. Gross fixed capital formation consists of investments into new fixed capital formation, costs of transactions of existing fixed assets and of additions to the value of non-produced assets. Changes in stocks are calculated for work-in-progress and finished goods, stocks of commercial goods in stores, and stocks of raw material, spare parts etc.

Imports and exports of goods and services are based on the balance of payments data of the Croatian National Bank. It covers exports and imports of goods in connection with processing by gross principle. The export value of goods is calculated by FOB, while import value of goods is reduced from CIF to FOB according to the data supplied by the Croatian National Bank.

Individual components of GDP by expenditure category at constant prices were calculated by deflating the current market price data by using chain price indices (that is, GDP at constant prices is expressed as GDP at prices of the previous year).

Household consumption data at constant prices were calculated by using disaggregated indices of consumer prices.

For government expenditures, an assumption of constant productivity was applied, so that the wage and salary indices in constant prices were calculated by dividing the data on current expenditures on wages and salaries by indices of the number of persons employed. Expenditures on other goods and services were deflated by the corresponding components of retail price indices and producer price indices of industrial products.

Imports and exports of goods were deflated by using Fisher-type unit value indices. Exports of services were deflated by corresponding price indices for goods in the domestic market. Imports of services were deflated by relevant prices indices in the markets of the most significant trading partner countries

Gross fixed capital formation data were deflated by producer's price indices of domestic and import capital goods, and cost price indices of construction or implicit deflator for the construction, from the GDP production approach.

Changes in inventories of finished goods and work in progress were deflated by producer's price indices. Changes in inventories of raw materials were deflated by producer price indices and import price indices of raw materials. Corresponding retail price indices were used for deflation of changes in inventories of goods purchased for resale.

Gross national income equals the sum of gross domestic products and balance of primary incomes (from labour and capital) with the rest of the world.

Gross national disposable income equals the sum of gross national income and the balance of current transfers with the rest of the world.

Gross saving equals gross national disposable income less final consumption expenditure (individual and collective final consumption).

Net saving equals gross saving less consumption of fixed capital.

Balance of current external transactions equals gross saving less gross capital formation.

NOTES ON REVISION

Data on gross domestic product (GDP) in this publication are revised and differ from data published so far. New data are estimated on the basis of methodological or major revision according to new improved data sources and methods used.

This revision includes three main parts: inclusion of missing corrections for the non-observed economy, new improved method for owner occupied dwellings in order to get a better estimation of imputed dwelling rents and new improved calculation and allocation of FISIM. For the first time FISIM is allocated by institutional sectors and by 60 NKD 2002 divisions. This FISIM allocation contributes to the overall GDP increase by 1.7% on the average in the whole period that was a subject to this revision. This publication presents the revised data series for the period from 1995 to 2005.

The largest impact to corrections of GDP had a part that refers to the estimation of the non-observed economy. It makes about 2/3 of the overall GDP corrections throughout the whole period from 1995 to 2005. The remaining 1/3 of the overall corrections belong to the two GDP elements that were calculated according to the new ESA 95 methodology, imputed rents and financial intermediate services indirectly measured (FISIM).

The effect of this revision at the overall GDP level in the period from 1995 to 2005 ranges between 14.2% and at most 17.7% of the nominal GDP change. The growth rates of the revised GDP do not significantly differ from so far published figures.

As production and income approach of GDP calculation is being done simultaneously, the same types of corrections were carried out on the income side of GDP as on the production one.

The non-observed economy is divided to the income components (compensation of employees, mixed income and gross operating surplus) bearing in mind its types (N1 to N7 according to Eurostat tabular approach) and groups of subjects where it occurred. All types of non-observed economy that occurred in legal entities are added to compensation of employees and gross operating surplus while those that occurred in the unincorporated sector are divided between compensation of employees and mixed income. The non-observed economy in the households sector is added to mixed income. The whole N7 (wages and salaries in kind and tips) is added to the mixed income.

Two methodological corrections (imputed dwelling rents and FISIM) are completely allocated to gross operating surplus.

The adjustments, which are directly reflected at the expenditure approach of the GDP, are in the first place the changes in methodology of calculating the imputed dwelling rents and FISIM. The changes in methodology demand the same calculation method according to production and expenditure method. In other words, the increase in personal consumption in case of imputed dwelling rents means the increase in a household’s consumption, government consumption and NPISH consumption in regard to FISIM treatment, as well as the export and import of services.

Abbreviations

BoP balance of payment

CIF cost, insurance and freight

CNB Croatian National Bank

e.g. for example (from Latin: exempli gratia)

ESA European System of Accounts

etc. and so on (from Latin: et cetera)

EUR euro

FINA Financial Agency

FISIM financial intermediation services indirectly measured

FOB free on board

GDP gross domestic product

HRK kuna

mln million

NPI non-profit institutions

NPISH non-profit institutions serving households

NKD 2002. National Classification of Activities, 2002 version

N1 – N7 types of non-exhaustivness according to Eurostat tabular approach

R&D research and development

RoW rest of the world

SNA System of National Accounts

US$ US dollar

VAT value added tax

Symbols

0,0 value not zero but less than 0.05 of the unit of measure used

- no occurrence

... data not available

This document has been produced with the financial assistance of the European Union. The contents of this document are the sole responsibility of the Central Bureau of Statistics and can under no circumstances be regarded as reflecting the position of the European Union.