Key Market Indicators
Croatian music expenditure is projected to reach approximately €5.2 billion by 2028, up from around €4.6 billion in 2023. This represents an annual growth rate of 1.8%. Since 2000, the country's demand for music has grown at an impressive annual rate of 7.2%. In 2023, Croatia ranked 22nd globally in music expenditure, with Slovakia surpassing it at €4.6 billion. Germany, France, and Italy occupied the second, third, and fourth positions, respectively. Meanwhile, Croatian music revenue is expected to climb to €36.7 million by 2028, up from €30.1 million in 2023, growing at an average annual rate of 3.2%. Since 2016, the Croatian music market has seen an annual growth rate of 3.9%.