Croatia borders Bosnia and Herzegovina, Hungary, Montenegro, Serbia and Slovenia. It has been an independent country since 1991. For over 70 years before that, it was part of the former Yugoslavia. Croatia became a member of the EU in July 2013. After a protracted six-year recession, Croatia returned to growth in 2015, but weaknesses remain as the country faces high state and corporate debt levels of state and corporates, a low employment rate, unfavorable demographic trends, and a cumbersome investment climate.
Croatia had estimated population of 4.17 million in the year 2016 and expected to reach 4.133 million by 2022, declining at a CAGR of 0.24%. Croatia’s unemployment rate was 14.958% of total labor force.
Croatia’s real gross domestic product (GDP) was around HRK 329.552 billions in 2016 whereas the nominal GDP was HRK 343.194 billions. This resulted in GDP deflator 104.14. Per capita GDP was estimated at USD 12095.48 whereas purchasing power parity (PPP) based per capita GDP was estimated to be at USD 22795.31.
In 2016, Croatia government’s revenue was HRK 156.252 billions whereas the expenditure was HRK 161.358 billions. This resulted Croatia government’s net lending / borrowing negative at HRK 5.107 billion in 2016 indicating that enough financial resources were not made available by the government to boost economic growth.
The current account balance for Croatia was estimated to be at USD 1.961 billions for the year 2016 and is expected to decline at a CAGR of 30.94% and reach USD 0.186 by 2022. This positive current account balance indicates the Croatia is net lender to the whole world.
Scope of Croatia – SWOT Analysis Report
This report provides information about key macroeconomic indicators for Croatia.
This report providesSWOT analysis for Croatia.
1. Executive Summary
Scope of Croatia – SWOT Analysis Report
Research Methodology
2. Croatia - Country Overview
2.1 People Indicators
2.1.1 Population
2.1.2 Unemployment
2.2 National Accounts Indicators
2.2.1 Real Gross Domestic Product
2.2.2 Nominal Gross Domestic Product
2.2.3 Gross Domestic Product Deflator
2.2.4 Per Capita Gross Domestic Product
2.2.5 Purchasing-Power-Parity (PPP) Based Per Capita GDP
2.2.6 Total Investment / Gross Capital Formation
2.2.7 Gross National Savings
2.3 Monetary Indicators
2.3.1 Consumer Price Index (CPI) Inflation
2.4 Trade Indicators
2.4.1 Change in Import Volume of Goods & Services
2.4.2 Change in Export Volume of Goods & Services
2.5 Government Finance Indicators
2.5.1 Government Revenue
2.5.2 Government Expenditure
2.5.3 Government Net Lending / Borrowing
2.5.4 Government Gross Debt
2.6 Balance of Payment Indicators
2.6.1 Current Account Balance
3. SWOT Analysis
Strengths
Weaknesses
Opportunities
Threats
List of Exhibits
Notes
Company Information
List of Exhibits
Exhibit 2.1 Population of Croatia (in millions)
Exhibit 2.2 Unemployment Level in Croatia (in %)
Exhibit 2.3 Real GDP of Croatia (in Euro billions)
Exhibit 2.4 Nominal GDP of Croatia (in Euro billions)
Exhibit 2.5 Nominal GDP of Croatia (in USD billions)
Exhibit 2.6 GDP Deflator Index for Croatia
Exhibit 2.7 Per Capita GDP of Croatia (in USD)
Exhibit 2.8 PPP Per Capita GDP of Croatia (in USD)
Exhibit 2.9 Total Investment of Croatia (in %)
Exhibit 2.10 Gross National Savings of Croatia (in %)
Exhibit 2.11 Consumer Price Index (CPI) Inflation of Croatia
Exhibit 2.12 Change in Import Volume of Goods & Services of Croatia (in %)
Exhibit 2.13 Change in Export Volume of Goods & Services of Croatia (in %)
Exhibit 2.14 Government Revenue of Croatia (in Euro billions)
Exhibit 2.15 Government Revenue of Croatia (in % of GDP)
Exhibit 2.16 Government Expenditure of Croatia (in Euro billions)
Exhibit 2.17 Government Expenditure of Croatia (in % of GDP)
Exhibit 2.18 Government Net Lending / Borrowing of Croatia (in Euro billions)
Exhibit 2.19 Government Net Lending / Borrowing of Croatia (in % of GDP)
Exhibit 2.20 Government Gross Debt of Croatia (in Euro billions)
Exhibit 2.21 Government Gross Debt of Croatia (in % of GDP)
Exhibit 2.22 Current Account Balance of Croatia (in USD billions)
Exhibit 2.23 Current Account Balance of Croatia (in % of GDP)
*If Applicable.