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KEY FIGURES

Surface area: 56 538 km2
Population: 4.5 million (approx.)
The capital: Zagreb (population: 1 mil.)
Monetary unit: Cro. kuna (HRK) = 100 lipa (lp)
Exchange rate**: HRK per US$ = 8.3
Inflation**: 6.2%
GDP per capita*: 4 488 US$ (PPP: 7 600 US$)
Average monthly wage*: ~ 800 US$ (brutto)
Unemployment**: 22.5%
Industrial production (change)**: 1.7%
Foreign direct investment flow*: USD 1.3 bn
Investment grade rating: BBB-


* Number from 1999
** Number from 2000

Independence
  • Croatia has been independent since 1990
President
  • President Stjepan Mesic since January 2000
Parliament
  • President Croatian Parliament (Sabor)
  • Lower House of Representatives (Zastupnicki dom)
  • Upper House of Districts (Zupanijski dom)
Parliament
  • HDZ – Croatian Democratic Association with 46
    representatives in the Parliament – 30.46%
  • HSLS – Liberal party with 25 representatives in the
    Parliament – 16.56%
  • SDP – Social democrats party with 43
    representatives in the Parliament – 28.48 %
Macroeconomic Indicators
  • GDP – has been stable in the past four years with a slight inclination to growth
  • Inflation – from 3.6% in 1997 it grew to show a slight decrease in 1999, but then again grew to 6.2% in 2000
  • Exchange rate USD/kuna - 8.3

  • Foreign debt – since 1992 continually grows

  • Foreign direct investments since 1993 - USD 3.7 billion

 

Country overview


Economic development

In the last four years of economic development we can see:

  • increase of the unemployment rate
  • inflation varies showing an increase in 2000
  • GDP shows a positive growth
  • direct foreign investments show a significant growth

1997
1998
1999
2000
Inflation (CPI)
3,6%
5,7%
4,2%
6,2%
GDP change
6,8%
2,5%
-0.40%
3,7%
Unemployment
17,6%
18,1%
20,4%
22,5%
Exchange rate (kuna/DEM)
6,2
6,4
7,1
8,3
Direct foreign investments (in USD bln)
0,5
0,9
1,3
n.a
2010. Szeptember 5.  

   
    

 
South Eastern Europe - advisory to a leading privately owned producer of flexible packaging materials concerning attraction of a suitable investor / buyer
2010-05-05

Croatia - attraction of a suitable investor into a leading drinks and spirits producer
2010-05-01

Slovenia - advisory to a leading Slovenian plastics producer with operations in Croatia and Serbia concerning refinancing, cost reduction and attraction of a suitable strategic or institutional investor
2009-12-18

Serbia - Restructuring of a Serbian retail Company on behalf of a Hungarian Bank, including evaluation of Company's assets and enterprise value, the restructuring of its financial obligations towards creditors / banks
2009-12-15

Croatia - advisory to a leading Croatian textile group with over 30 retail outlets and brands, concerning business valuation, refinancing, cost reduction, market repositioning
2009-10-02

Russia - sales mandate from a Russian construction and engineering firm
2009-06-05




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