International organization participation: CCC, CE, CEI, EBRD, ECE,
FAO, IADB, IAEA, IBRD, ICAO, ICRM, IDA, IFAD, IFC, IFRCS, IHO (pending
member), ILO, IMF, IMO, Inmarsat, Intelsat, Interpol, IOC, IOM, ISO,
ITU, NAM (observer), OSCE, UN, UNCTAD, UNESCO, UNIDO, UPU, WHO, WIPO,
WMO, WToO, WTrO (applicant)
Diplomatic representation in the US: chief of mission: Ambassador Miomir ZUZUL chancery: 2343 Massachusetts Avenue NW, Washington, DC 20008 telephone: [1] (202) 588-5899 FAX : [1] (202) 588-8936 consulate(s) general: New York
Diplomatic representation from the US: chief of mission: Ambassador Peter W. GALBRAITH embassy: Andrije Hebranga 2, Zagreb mailing address: US Embassy, Zagreb, Department of State, Washington, DC 20521-5080 telephone: [385] (1) 455-55-00 FAX : [385] (1) 455-85-85
Flag description: red, white, and blue horizontal bands with Croatian coat of arms (red and white checkered)
Economy
Economy - overview: Before the dissolution of Yugoslavia, the Republic of Croatia, after Slovenia, was the most prosperous and industrialized area, with a per capita output perhaps one-third above the Yugoslav average. Croatia faces considerable economic problems stemming from: the legacy of longtime communist mismanagement of the economy; damage during the internecine fighting to bridges, factories, power lines, buildings, and houses; the large refugee population, both Croatian and Bosnian; and the disruption of economic ties. Western aid and investment, especially in the tourist and oil industries, would help restore the economy. The government has been successful in some reform efforts - partially macroeconomic stabilization policies - and it has normalized relations with its creditors. Yet it still is struggling with privatization of large state enterprises and with bank reform. The draft 1997 budget boosts expenditures on the repair and upgrading of infrastructure. In 1996, the substantial trade deficit was partially offset by increased earnings from tourism.
GDP: purchasing power parity - $21.4 billion (1996 est.)
GDP - real growth rate: 4% (1996 est.)
GDP - per capita: purchasing power parity - $4,300 (1996 est.)
GDP - composition by sector: agriculture: 11% industry: 30% services : 59% (1994)