Diplomatic representation from the US:
chief of mission: Ambassador Ralph FRANK
embassy: 2 Thomas Jefferson, 10010 Zagreb
mailing address: use street address
telephone: [385] (1) 661-2200
FAX: [385] (1) 661-2373
Flag description:
red, white, and blue horizontal bands with Croatian coat of arms
(red and white checkered)
Economy Croatia
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. The economy emerged from a mild recession in 2000 with
tourism, banking, and public investments leading the way.
Unemployment remains high, at over 13 percent, with structural
factors slowing its decline. While macroeconomic stabilization has
largely been achieved, structural reforms lag because of deep
resistance on the part of the public and lack of strong support from
politicians. Growth, while impressively over 4% for the last several
years, has been achieved through high fiscal and current account
deficits. The government is gradually reducing a heavy back log of
civil cases, many involving land tenure. The EU accession process
should accelerate fiscal and structural reform.
GDP:
purchasing power parity - $47.05 billion (2003 est.)
GDP - real growth rate:
4.3% (2003 est.)
GDP - per capita:
purchasing power parity - $10,600 (2003 est.)
GDP - composition by sector: agriculture: 7.9% industry: 30% services: 62.1% (2003 est.)
Investment (gross fixed):
27.7% of GDP (2003)
Population below poverty line:
NA