About Croatia

General information

Official Name of Country Republic of Croatia
Capital City Zagreb
Political system Parliamentary democracy
Population 4,089 million
Territorial Organization 20 Counties and City of Zagreb
Official language Croatian
President of the Republic of Croatia Kolinda Grabar Kitarović
President of the Government Andrej Plenković
Land Area 56,594 sqm
Time zone GMT+1
Neighboring countries Slovenia, Hungary, Italy, Serbia, Bosnia and
Herzegovina and Montenegro
Major cities
Split, Osijek, Rijeka
Climate Mediterranean and Continental
Telephone Code +385
Country Code Domain .hr
Currency kuna (HRK)
Financial center Zagreb

Basic macroeconomic indicators

INDICATOR    2008      2009     2010    2011    2012 2013  2014  2015 2016 2017 2018
GDP per capita (EUR) 11,169 10,480 10,524 10,476 10,314 10,293 10,254 10,616 11,180 11,882 12,594
GDP growth (%) 2.1 -7.4 -1.4 -0.3 -2.2 -0.5 -0.1 2.4 3.5 2.9 2.6
Unemployment rate (ILO, %) 8.5 9.2 11.6 13.7 15.9 17.3 17.3 16.2 13.1 11.2 8.9*
Inflation (%) 6.1 2.4 1.1 2.3 3.4 2.2 -0.2 -0.5 -1.1 1.1 1.5
Exports of goods and services (as of % GDP) 38.5 34.5 37.7 40.4 41.6 42.8 45.3 48.1 48.8 51.2 50.3
Gross salary (EUR) 1,030 1,056 1,040 1,035 1,044 1,040 1,042 1,058 1,029 1,079 1,140
Exchange rate HRK/EUR 7.22 7.34 7.29 7.43 7.52 7.57 7.63 7.61 7.53 7.46 7.41

*forecast

Foreign direct investments in the Republic of Croatia

From 1993 to Q3 2018 Croatia received foreign direct investments in the amount of 33,57 billion €.

FDI by activity

  • 31% financial services
  • 18% manufacturing
  • 15% real estate and construction
  • 15% trade
  • 7% ICT
  • 3% accommodation

Source: CNB

FDI by country

  1. Netherlands (20%)
  2. Austria (13%)
  3. Italy (11%)
  4. Germany (10%)
  5. Luxembourg (8%)
  6. Hungary (8%)
  7. Slovenia (4%)
  8. United Kingdom (3%)
  9. France (3%)
  10. Switzerland (2%)

Source: CNB 

From January 1, 2019, the Ministry of Economy, Entrepreneurship and Craft is in charge of investments processes in Croatia – invest@mingo.hr.