France France vs Croatia Croatia development indicators, 2024

Indicator
France
France, Value
Croatia
Croatia, Value
France
France, Rank
Croatia
Croatia, Rank
France France as % of
Croatia Croatia
Current account balance (% of GDP) 0.392 -1.13 49 63
Exports of goods and services (% of GDP) 33.2 49.8 75 39 66.8 %
Foreign direct investment, net inflows (% of GDP) 1.75 5.04 63 21 34.8 %
GDP per capita (current US$) 46,150 23,931 26 50 193 %
GDP per capita, PPP (current international US$) 61,322 48,575 28 46 126 %
Imports of goods and services (% of GDP) 34 52.9 85 52 64.2 %
Inflation, consumer prices (annual %) 2 2.97 114 80 67.3 %
Net migration 90,527 -5,186 20 139
Population, total 68,516,699 3,866,300 23 129 1,772 %

Demography and Health

In 2023, France had a crude birth rate of 9.9 per 1,000 people, which is higher than Croatia's 8.3, ranking 19th in the world compared to Croatia's 54th. Conversely, France's crude death rate was lower at 9.2 per 1,000, while Croatia's was higher at 13.3, ranking 65th versus Croatia's 21st. Life expectancy at birth reflects similar trends, with France at 82.9 years (11th rank) and Croatia at 78.5 years (56th rank). The under-5 mortality rate in France was also lower at 4.3 per 1,000 live births, while Croatia was slightly higher at 4.6. Despite having higher health expenditures (11.9% of GDP in 2022 for France vs. 7.2% for Croatia), France's poverty headcount ratio stands at 15.6%, slightly lower than Croatia's 18%. Both countries similarly report a prevalence of undernourishment at 2.5% of the population.

Economy

France's GDP per capita in 2024 is projected to be significantly higher at $46,150 compared to Croatia's $23,931, with France ranked 37th vs Croatia's 80th. In terms of GDP per capita based on purchasing power parity (PPP), France again leads with $61,322 against Croatia's $48,575. France's economy also shows resilience with a net migration of 90,527 individuals, while Croatia faces an outflux, with net migration showing a decline of 5,186. The inflation rate in France is lower, at 2%, compared to Croatia's 3%. This economic stability may be attributed to the country's strong high-technology exports valued at $115.3 billion, contrasting sharply with Croatia's $1.7 billion.

Trade and Investment

Export dynamics reveal that France has exports of goods and services constituting 33.2% of GDP, whereas Croatia shows a stronger reliance on trade at 49.8%. However, the import percentage tells a different story, where France's imports are 34% of GDP against Croatia's 52.9%. Foreign direct investment for France remains modest at 1.8% of GDP, while Croatia benefits from a higher 5% inflow, indicating potential growth areas. The current account balance for France is stable at 0.4% of GDP, in contrast to Croatia's deficit of -1.1%.

Governance and Institutions

France shows a stronger control of corruption index (1.2) compared to Croatia (0.2), indicating better governance and reduced corruption levels. Government effectiveness also favors France at 1.1 over Croatia's 0.7. Both countries, however, face challenges in political stability, with France scoring 0.3 and Croatia at 0.6. Regulatory quality sees France leading again with a score of 1.2 to Croatia's 0.6, while the rule of law score is similarly robust for France at 1.2 compared to Croatia's 0.4. Unemployment rates are somewhat comparable, with France at 7.3% and Croatia slightly lower at 6.1%.

Infrastructure and Technology

Information technology access is high in both nations with France having 86.8% of its population using the Internet versus Croatia's 83.2%. In operational efficiency, France's logistics performance index stands at 3.8, a decisive step ahead of Croatia’s index of 3. The pool of intellectual property is richer in France, underscored by patent applications standing at 13,386 for residents against Croatia's meager 77, which is reflective of their innovation ecosystem.

Environment and Sustainability

When it comes to renewable energy consumption, Croatia leads with 34.1% of total final energy consumption being renewable, compared to France's 16.2%. However, in the area of greenhouse gas emissions, France emits 5.6 tons CO2e per capita, while Croatia's emissions are higher at 6.5 tons. A critical factor in water resource management shows that France has a better level of water stress, utilizing only 21.6% of available resources compared to Croatia's 1.5%. This suggests more sustainable water management practices in Croatia despite its higher greenhouse gas emissions. The increasing focus on sustainability and climate strategies in both countries denotes a likely shift towards greener policies and technological innovation in the near future.