Croatia

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Country summary

Capital

Zagreb

Borders

Bosnia and Herzegovina 932 km, Hungary 329 km, Serbia 241 km, Montenegro 25 km, Slovenia 455 km

Government type

presidential/parliamentary democracy

Population

4,489,409 (July 2010 est.)[1]

Population growth

-0.052% (2010 est.)[1]

Life expectancy

75.35 years[1]

Unemployment

16.1% (2009 est.)[1]

Index of Economic Freedom

92[2]

Corruption Perceptions Index

66[3]

Doing Business ranking

103[4]


The lands that today comprise Croatia were part of the Austro-Hungarian Empire until the close of World War I. In 1918, the Croats, Serbs, and Slovenes formed a kingdom known after 1929 as Yugoslavia. Following World War II, Yugoslavia became a federal independent Communist state under the strong hand of Marshal TITO. Although Croatia declared its independence from Yugoslavia in 1991, it took four years of sporadic, but often bitter, fighting before occupying Serb armies were mostly cleared from Croatian lands. Under UN supervision, the last Serb-held enclave in eastern Slavonia was returned to Croatia in 1998. In April 2009, Croatia joined NATO; it is a candidate for eventual EU accession.[1]

See also: Yugoslavia

Economical characteristics

  • Currency: Kuna (ISO code: HRK)
  • Central bank discount rate: 9% (31 December 2009)[1]
  • Commercial banks lending rate: 9.85% (30 November 2009)[1]
  • Stock of money (M1): $9.27 billion (31 December 2009)[1]
  • Quasi money (with M1 makes M2): $34.57 billion (31 December 2009)[1]

Notable events:

Statistics

Statistic / Year 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008
GDP (million USD)[6] 23 066 21 348 22 880 26 479 33 875 40 713 44 432 49 038 58 558 69 332
Govt. debt (% of GDP)[7]
Govt. revenue (% of GDP)[8] 37.257 35.982 34.321 36.050 35.582 35.434 35.033 34.993 35.931
Govt. expenses (% of GDP)[9] 38.946 39.461 37.632 36.234 35.556 35.407 34.926 34.487 34.713
Debt to revenue (years)

References

Note: statistical data was rounded. Different sources may use different methodologies for their estimates. Debt to revenue is calculated by dividing the two variables from their original ('unrounded') values. It represents how long it would a government take to repay its entire debt if it used its whole revenue for this purpose.

  1. ↑ 1.0 1.1 1.2 1.3 1.4 1.5 1.6 1.7 1.8 CIA - The World Factbook. "Croatia", from The World Factbook. Referenced 2010-09-29.
  2. ↑ Heritage Foundation. "Croatia", Economic Freedom Score. A lower ranking is better; but please be careful when comparing between different countries or years. Referenced 2010-09-29.
  3. ↑ Transparency International. "Croatia", Corruption Perceptions Index 2009. A lower ranking is better; but please note that the numbers cannot be compared between countries or years due to different methodology. Referenced 2010-09-29.
  4. ↑ Doing Business. "Croatia", Doing Business 2010 (part of The World Bank Group). A lower ranking is better; but please be careful when comparing between different countries or years. Referenced 2010-09-29.
  5. ↑ Carmen M. Reinhart and Kenneth S. Rogoff. "This Time is Different", Princeton University Press, ISBN 978-0-691-14216-6, p. 358. (The list does not claim to be complete.) Referenced 2011-07-19.
  6. ↑ World Bank. "Croatia: GDP", from World Bank Data. Referenced 2010-09-29.
  7. ↑ World Bank. "Croatia: government debt", from World Bank Data. Referenced 2010-09-29.
  8. ↑ World Bank. "Croatia: government revenue", from World Bank Data. Referenced 2010-09-29.
  9. ↑ World Bank. "Croatia: government expenses", from World Bank Data. Referenced 2010-09-29.

Links

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