Compare Croatia (2008) - Croatia (2007)

Compare Croatia (2008) z Croatia (2007)

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	Croatia (2008)	Croatia (2007)

Budget	revenues: $22.46 billion expenditures: $23.85 billion (2007 est.)	revenues: $17.94 billion expenditures: $19.24 billion (2006 est.)
Debt - external	$41.56 billion (30 June 2007)	$33.89 billion (2006 est.)
Diplomatic representation in the US	chief of mission: Ambassador (vacant); Charge d'Affaires Marijan GUBIC chancery: 2343 Massachusetts Avenue NW, Washington, DC 20008 telephone: [1] (202) 588-5899 FAX: [1] (202) 588-8936 consulate(s) general: Chicago, Los Angeles, New York	chief of mission: Ambassador Neven JURICA chancery: 2343 Massachusetts Avenue NW, Washington, DC 20008 telephone: [1] (202) 588-5899 FAX: [1] (202) 588-8936 consulate(s) general: Chicago, Los Angeles, New York
Economy - overview	Once one of the wealthiest of the Yugoslav republics, Croatia's economy suffered badly during the 1991-95 war as output collapsed and the country missed the early waves of investment in Central and Eastern Europe that followed the fall of the Berlin Wall. Since 2000, however, Croatia's economic fortunes have begun to improve slowly, with moderate but steady GDP growth between 4% and 6% led by a rebound in tourism and credit-driven consumer spending. Inflation over the same period has remained tame and the currency, the kuna, stable. Nevertheless, difficult problems still remain, including a stubbornly high unemployment rate, a growing trade deficit and uneven regional development. The state retains a large role in the economy, as privatization efforts often meet stiff public and political resistance. 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. The EU accession process should accelerate fiscal and structural reform.	Once one of the wealthiest of the Yugoslav republics, Croatia's economy suffered badly during the 1991-95 war as output collapsed and the country missed the early waves of investment in Central and Eastern Europe that followed the fall of the Berlin Wall. Since 2000, however, Croatia's economic fortunes have begun to improve slowly, with moderate but steady GDP growth between 4% and 5% led by a rebound in tourism and credit-driven consumer spending. Inflation over the same period has remained tame and the currency, the kuna, stable. Nevertheless, difficult problems still remain, including a stubbornly high unemployment rate, a growing trade deficit and uneven regional development. The state retains a large role in the economy, as privatization efforts often meet stiff public and political resistance. 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. The EU accession process should accelerate fiscal and structural reform.
Exchange rates	kuna per US dollar - 5.3735 (2007), 5.8625 (2006), 5.9473 (2005), 6.0358 (2004), 6.7035 (2003)	kuna per US dollar - 5.8625 (2006), 5.9473 (2005), 6.0358 (2004), 6.7035 (2003), 7.8687 (2002)
Executive branch	chief of state: President Stjepan (Stipe) MESIC (since 18 February 2000) head of government: Prime Minister Ivo SANADER (since 9 December 2003); Deputy Prime Ministers Jadranka KOSOR (since 23 December 2003) and Damir POLANCEC (since 15 February 2005), Djurdja ADLESIC (since 12 January 2008), Slobodan UZELAC (since 12 January 2008) cabinet: Council of Ministers named by the prime minister and approved by the parliamentary Assembly elections: president elected by popular vote for a five-year term (eligible for a second term); election last held 16 January 2005 (next to be held in January 2010); the leader of the majority party or the leader of the majority coalition is usually appointed prime minister by the president and then approved by the Assembly election results: Stjepan MESIC reelected president; percent of vote - Stjepan MESIC 66%, Jadranka KOSOR 34% in the second round	chief of state: President Stjepan (Stipe) MESIC (since 18 February 2000) head of government: Prime Minister Ivo SANADER (since 9 December 2003); Deputy Prime Ministers Jadranka KOSOR (since 23 December 2003) and Damir POLANCEC (since 15 February 2005) cabinet: Council of Ministers named by the prime minister and approved by the parliamentary Assembly elections: president elected by popular vote for a five-year term (eligible for a second term); election last held 16 January 2005 (next to be held in January 2010); the leader of the majority party or the leader of the majority coalition is usually appointed prime minister by the president and then approved by the Assembly election results: Stjepan MESIC reelected president; percent of vote - Stjepan MESIC 66%, Jadranka KOSOR 34% in the second round
Exports	40,930 bbl/day (2004)	NA bbl/day
GDP - composition by sector	agriculture: 7.2% industry: 32% services: 60.7% (2007 est.)	agriculture: 7.4% industry: 31.8% services: 60.8% (2006 est.)
GDP - real growth rate	5.6% (2007 est.)	4.8% (2006 est.)
Imports	109,800 bbl/day (2004)	NA bbl/day
Industrial production growth rate	6.5% (2007 est.)	5% (2006 est.)
Inflation rate (consumer prices)	2.2% (2007 est.)	3.2% (2006 est.)
International organization participation	ACCT (observer), Australia Group, BIS, BSEC (observer), CE, CEI, EAPC, EBRD, FAO, IADB, IAEA, IBRD, ICAO, ICC, ICCt, ICRM, IDA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, IMSO, Interpol, IOC, IOM, IPU, ISO, ITSO, ITU, ITUC, MIGA, MINURSO, MINUSTAH, NAM (observer), NSG, OAS (observer), OIF (observer), OPCW, OSCE, PCA, PFP, SECI, UN, UN Security Council (temporary), UNCTAD, UNESCO, UNIDO, UNIFIL, UNMEE, UNMIL, UNMIS, UNMOGIP, UNOCI, UNOMIG, UNWTO, UPU, WCO, WHO, WIPO, WMO, WTO, ZC	ACCT (observer), BIS, BSEC (observer), CE, CEI, EAPC, EBRD, FAO, IADB, IAEA, IBRD, ICAO, ICC, ICCt, ICRM, IDA, IFAD, IFC, IFRCS, IHO, ILO, IMF, IMO, IMSO, Interpol, IOC, IOM, IPU, ISO, ITSO, ITU, ITUC, MIGA, MINURSO, MINUSTAH, NAM (observer), NSG, OAS (observer), OIF (observer), OPCW, OSCE, PCA, PFP, SECI, UN, UNCTAD, UNESCO, UNFICYP, UNIDO, UNMEE, UNMIL, UNMIS, UNMOGIP, UNOCI, UNOMIG, UNWTO, UPU, WCO, WHO, WIPO, WMO, WTO, ZC
Labor force	1.714 million (2007 est.)	1.72 million (2006 est.)
Legislative branch	unicameral Assembly or Sabor (153 seats; members elected from party lists by popular vote to serve four-year terms) elections: last held 25 November 2007 (next to be held in November 2011) election results: percent of vote by party - NA; number of seats by party - HDZ 66, SDP 56, HNS 7, HSS 6, HDSSB 3, IDS 3, SDSS 3, other 9	unicameral Assembly or Sabor (152 seats; members elected from party lists by popular vote to serve four-year terms) elections: last held 25 November 2007 (next to be held in November 2011) election results: percent of vote by party - NA; number of seats by party - HKDU 66, SDP 56, HSS-HSLS 8, HNS 7, HDSSB 3, IDS 3, other 9 note: minority government coalition - HDZ, DC, HSLS, HSU, SDSS; note - the Democratic Center party or DC withdrew from the government in February 2006
Pipelines	gas 1,556 km; oil 583 km (2007)	gas 1,340 km; oil 583 km (2006)
Political parties and leaders	Croatian Democratic Congress of Slavonia and Baranja or HDSSB [Vladimir SISLJAGIC]; Croatian Democratic Union or HDZ [Ivo SANADER]; Croatian Party of the Right or HSP [Anto DJAPIC]; Croatian Peasant Party or HSS [Josip FRISCIC]; Croatian Pensioner Party or HSU [Vladimir JORDAN]; Croatian People's Party or HNS [Vesna PUSIC]; Croatian Social Liberal Party or HSLS [Djurdja ADLESIC]; Independent Democratic Serb Party or SDSS [Vojislav STANIMIROVIC]; Istrian Democratic Assembly or IDS [Ivan JAKOVCIC]; Social Democratic Party of Croatia or SDP [Zoran MILANOVIC]	Croatian Bloc or HB [Ivic PASALIC]; Croatian Christian Democratic Union or HKDU [Anto KOVACEVIC]; Croatian Democratic Congress of Slavonia and Baranja or HDSSB [Branimir GLAVAS]; Croatian Democratic Union or HDZ [Ivo SANADER]; Croatian Party of Rights or HSP [Anto DJAPIC]; Croatian Peasant Party or HSS [Josip FRISCIC]; Croatian Pensioner Party or HSU [Vladimir JORDAN]; Croatian People's Party or HNS [Vesna PUSIC] (in 2005 party merged with Libra to become Croatian People's Party-Liberal Democrats or NS-LD); Croatian Social Liberal Party or HSLS [Djurdja ADLESIC]; Croatian True Revival Party or HIP [Miroslav TUDJMAN]; Democratic Centre or DC [Vesna SKARE-OZBOLT]; Independent Democratic Serb Party or SDSS [Vojislav STANIMIROVIC]; Istrian Democratic Assembly or IDS [Ivan JAKOVCIC]; Social Democratic Party of Croatia or SDP [Ivica RACAN]
Unemployment rate	11.8% (2007 est.)	17.2% official rate; labor force surveys indicate unemployment around 14% (2006 est.)

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