entation in 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
US diplomatic representation:
chief of mission: Ambassador Peter W. GALBRAITH
embassy: Andrije Hebranga 2, Zagreb
mailing address: US Embassy, Zagreb, Unit 1345, APO AE 09213-1345
telephone: [385] (41) 455-55-00
FAX: [385] (41) 455-85-85
Flag: red, white, and blue horizontal bands with Croatian coat of
arms (red and white checkered)
Economy
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Economic 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; large foreign debt; 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 to Serbia and the other former
Yugoslav republics, as well as within its own territory. 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 including stabilization policies and has normalized
relations with creditors. Yet it still is struggling with
privatization of large state enterprises and with bank reform. The
draft 1996 budget, which had raised concerns about inflation,
capitalizes on the "peace dividend" to boost expenditures on the
repair and upgrading of infrastructure.
GDP: purchasing power parity - $20.1 billion (1995 est.)
GDP real growth rate: 1.5% (1995 est.)
GDP per capita: $4,300 (1995 est.)
GDP composition by sector:
agriculture: 12.7%
industry: 30.6%
services: 56.7% (1993 est.)
Inflation rate (consumer prices): 3.7% (1995)
Labor force: 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: 18.1% (January 1996)
Budget:
revenues: $3.86 billion
expenditures: $3.72 billion, including capital expenditures of $320
million (1994 est.)
Industries: chemicals and plastics, machine tools, f
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