Is Croatia a rich or Poor country?

Croatia's process of economic convergence continues, with GDP per capita (in Purchasing Power Parity) in 2022 reaching 73% of the average European Union (EU) member states' level. The country has recorded the highest post-pandemic recovery of all EU member states (with the notable exception of Ireland).



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Ukraine is the poorest country in Europe, with a GNI per capita of $3,540, while Moldova is the second poorest country with $4,570, Albania the third, with $5.210, the Republic of Macedonia comes fourth, with a GNI of $5,720, and Bosnia and Herzegovina the fifth poorest, with $6,090.

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Luxembourg is the wealthiest country in the European Union, per capita, and its citizens enjoy a high. It is a major center for large private banking, and its finance sector is the biggest contributor to its economy.

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Croatia's economy continues to grapple with an ongoing energy crisis and inflation, reaching a peak of 13.5% in November 2022, inevitably leading to a general rise in prices. The additional currency transition to the Euro on January 1, 2023, happened at an unfavourable time.

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Split is one of the most luxurious cities to live in Croatia, which attracts millions of world travelers every year.

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In family bistros and cafes, expect to pay approx. 15 kuna for a Coke or juice. A pint of local beer is between 14 and 16 Kuna, as is an ice cream.

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A couple with two children under the age of 14 would be considered rich if they have a combined monthly revenues of €7,713 ($8,267). This monthly figure is now slightly more than when this study was conducted in 2020, when being rich for one individual would amount to earning €3,470 ($3,924) every month.

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