The figures were within the expectations of eight macro-economists polled by Hina, who had forecast a 0.3 percent upturn for Q3.
This is the first increase in GDP after it was on the decline for six consecutive quarters - the longest recession in the Croatian economy, which can be interpreted as an exit from the recession.
"Although it (0.2 percent-rise) is more a sign of stagnation, the positive rate makes us happy. Net exports alongside revenues from tourism have had a significant impact on this positive GDP rate in the third quarter," said Zdeslav Santic, Splitska Banka's chief economist.
In 2009, Croatia's GDP contracted by 5.8 percent.