AD, UNESCO, UNIDO, UPU, WHO, WIPO,
WMO, WToO, WTrO (applicant)

Diplomatic representation in the US:
chief of mission: Ambassador Miomir ZUZUL
chancery: 2343 Massachusetts Avenue NW, Washington, DC 20008
telephone: [1] (202) 588-5899
FAX : [1] (202) 588-8936
consulate(s) general: New York

Diplomatic representation from the US:
chief of mission: Ambassador Peter W. GALBRAITH
embassy: Andrije Hebranga 2, Zagreb
mailing address: US Embassy, Zagreb, Department of State, Washington,
DC 20521-5080
telephone: [385] (1) 455-55-00
FAX : [385] (1) 455-85-85

Flag description: red, white, and blue horizontal bands with Croatian
coat of arms (red and white checkered)

Economy

Economy - overview: Before the dissolution of Yugoslavia, the Republic
of Croatia, after Slovenia, was the most prosperous and industrialized
area, with a per capita output perhaps one-third above the Yugoslav
average. Croatia faces considerable economic problems stemming from:
the legacy of longtime communist mismanagement of the economy; damage
during the internecine fighting to bridges, factories, power lines,
buildings, and houses; the large refugee population, both Croatian and
Bosnian; and the disruption of economic ties. Western aid and
investment, especially in the tourist and oil industries, would help
restore the economy. The government has been successful in some reform
efforts - partially macroeconomic stabilization policies - and it has
normalized relations with its creditors. Yet it still is struggling
with privatization of large state enterprises and with bank reform.
The draft 1997 budget boosts expenditures on the repair and upgrading
of infrastructure. In 1996, the substantial trade deficit was
partially offset by increased earnings from tourism.

GDP: purchasing power parity - $21.4 billion (1996 est.)

GDP - real growth rate: 4% (1996 est.)

GDP - per capita: purchasing power parity - $4,300 (1996 est.)

GDP - composition by sector:
agriculture: 11%
industry: 30%
services : 59% (1994)

Inflation rate - consumer price index: 4% (1996 est.)

Labor force:
total : 1.444 million (1995)
by occupation: industry and mining 31.1%, agriculture 4.3%, government
19.1% (including education and health), other 45.5% (1993)

Unemployment rate: 13% (yearend 1996)

Budget:
revenues : $3.86 billion
expenditures: $3.72 billion, including capital expenditures of $320
million (1994 est.)

Industries: chemicals and plastics, machine