Palma ratio in Croatia

Croatia: Palma ratio was 1.1 in 2023. ▲ Rising

Latest (2023)
1.1
Change on year
up 1.6%
World rank
95th
of 120 countries
All-time high
1.23
in 2009
All-time low
0.7646
in 1988
Years of data
16
1988–2023

Palma ratio in Croatia, 1988–2023

00.250.50.7511.21988200520231988: 0.7652009: 1.22010: 1.22011: 1.22012: 1.22013: 1.22014: 1.22015: 1.12016: 1.12017: 1.12018: 1.12019: 12020: 1.12021: 12022: 1.12023: 1.1

Source: World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.

Analysis

The most recent figure for palma ratio in Croatia is 1.1, measured in 2023.

The figure is up 1.6% on the previous year and down 7.9% over ten years.

Over the whole period, palma ratio in Croatia peaked at 1.23 in 2009 and was at its lowest, 0.7646, in 1988.

That places Croatia 95th out of 120 countries with data for 2023, putting it in the bottom quarter.

The long-run direction has been consistently rising across the 16 years of available data.

Palma ratio in Croatia, year by year

Annual values for Palma ratio in Croatia, 1988 to 2023.
Year Value Change
1988 0.7646
2009 1.23 +60.9%
2010 1.21 -1.6%
2011 1.21 -0.2%
2012 1.22 +0.7%
2013 1.19 -1.9%
2014 1.21 +1.1%
2015 1.14 -5.3%
2016 1.13 -0.9%
2017 1.1 -2.8%
2018 1.07 -3.2%
2019 1.02 -3.9%
2020 1.05 +2.5%
2021 1.02 -2.7%
2022 1.08 +5.9%
2023 1.1 +1.6%

Croatia compared with similar countries

  • Croatia's 1.1 is below the median for high income countries, which is 1.23, 89% of the median. (42 countries reporting)
  • Croatia's 1.1 is below the median for Europe & Central Asia, which is 1.13, 98% of the median. (47 countries reporting)

Biggest year-on-year movements

Years where Palma ratio in Croatia changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
2009 +60.9% 0.7646 1.23

Averages by decade

DecadeAverage LowestHighest Years
1980s 0.7646 0.7646 0.7646 1
2000s 1.23 1.23 1.23 1
2010s 1.15 1.02 1.22 10
2020s 1.06 1.02 1.1 4

Countries ranked near Croatia

  1. 92 Estonia 1.11 compare
  2. 93 Bosnia and Herzegovina 1.11 compare
  3. 94 Nepal 1.11 compare
  4. 96 Kazakhstan 1.09 compare
  5. 97 Guinea 1.07 compare
  6. 98 Ireland 1.06 compare

See the full ranking of 120 places →

More reference data data for Croatia

All data for Croatia →

Frequently asked questions

What is palma ratio in Croatia?
Palma ratio in Croatia was 1.1 in 2023, according to World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data.
What is the highest palma ratio recorded in Croatia?
The highest recorded value was 1.23 in 2009.
What is the lowest palma ratio recorded in Croatia?
The lowest recorded value was 0.7646 in 1988.
How does Croatia rank for palma ratio?
Croatia ranks 95th out of 120 countries with data for 2023.
Is palma ratio rising or falling in Croatia?
Over the last ten years it is down 7.9%. The long-run trend across the full record is rising.
Where does this Croatia data come from?
The figures come from World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data, published as part of Palma ratio. Statizoid updates them automatically from the source API.

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Palma ratio in Croatia. Statizoid, drawing on World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data. Retrieved 24 September 2026, from https://reference.statizoid.com/stat/palma-ratio-wb/croatia/

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About this data

Indicator
Palma ratio
Source
World Bank Poverty and Inequality Platform (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
120 places, 2,148 data points, 1963–2025
Last refreshed

The Palma ratio is a measure of inequality that divides the share received by the richest 10% by the share of the poorest 40%. Higher values indicate higher inequality.