Country Fact Sheet: Croatia
The Republic of Croatia is located in Southeastern Europe bordering Bosnia and Herzegovina, Slovenia, Hungary, Serbia, and the Adriatic Sea. Croatia is about the size of West Virginia and covers an area of 56,542 sq. kilometers. The total population is 4.475 million and is shrinking at a rate of 0.11% with 58% living in urban areas. The capital of Zagreb has a population of 779,000 with other main cities including Split (1.36 mil) and Rijeka (144,000), and Osijek (114,000). The people are governed by a parliamentary democracy and are predominately Roman Catholic. The primary language is Croatian and the local currency is the Croatian Kuna.
Croatia’s economy has achieved steady growth in the past decade and has a good long term outlook especially with the possibility of EU accession. Currently Croatia is fairly dependent on tourism revenues and unemployment remains a problem. Croatia’s main trade partners are Italy, Germany, Bosnia and Herzegovina, Slovenia, Russia, Austria, and China. Its primary imports are machinery, transport and electrical equipment, chemicals, fuels and lubricants, and foodstuffs. Exports include transport equipment, machinery, textiles, chemicals, foodstuffs, and fuels. Croatia’s GDP (Purchasing Power Parity) is $79.69 billion and is growing at a real rate of 4.7% with an inflation rate of 4.7%. Croatia ranked 84th out of 185 countries in the World Bank Group’s Ease of Doing Business Ranking.
|Demographic Data||Economic Data||Cultural & Other Data|
|Area (sq. km.)||56,542||GDP (PPP, $bn)||79.69||Capital||Zagrab|
|Population (million)||4.475||GDP Real Growth (%)||-2||Other Large Cities||Split, Rijeka|
|Population Growth (%)||-0.11||PerCap GDP ($)||18,100||Primary Language||Croatian|
|Population Under 15yrs (%)||14.6||Prime Lending Rate (%)||7.13||Urbanization (%)||58|
|Population below poverty line (%)||21.1||Inflation Rate%||4.7||Urban Growth (%)||0.4|
|Agricultural Workers (% of population)||2.1||Unemployment%||20.4||Literacy (population %)||98.8|
|Industrial Workers (% of population)||29||Foreign Direct Investment ($bn)||34.27||Education spending % of GDP||4.4|
|Service Workers (% of population)||69||Debt-External ($bn)||59.75||CPI Score (1-100)*||4.6|
|Labor Force (mil)||1.745||Exports ($bn)||12.34||Corporate Income Tax %||20|
|Imports ($bn)||20.76||Ease of Doing Business Ranking **||84|
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* CPI Score is published by Transparency International and relates to the perceptions of the degree of corruption as seen by business people and country analysts and ranges between 100 (highly clean) and 0 (highly corrupt).
**Ease of Doing Business Ranking is determined by the World Bank Group and is ranked out of a possible 185 countries. www.doingbusiness.org
Most recent statistics have been taken from the CIA World Factbook unless noted otherwise.
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