cery: 2343 Massachusetts Avenue NW, Washington, DC 20008
telephone: [1] (202) 588-5899
FAX: [1] (202) 588-8936
consulate(s) general: Cleveland, Los Angeles, New York

Diplomatic representation from the US:
chief of mission: Ambassador William D. MONTGOMERY
embassy: Andrije Hebranga 2, Zagreb
mailing address: use street address
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)

@Croatia: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 and displaced 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.

GDP: purchasing power parity-$22.7 billion (1997 est.)

GDP-real growth rate: 4.4% (1997 est.)

GDP-per capita: purchasing power parity-$4,500 (1997 est.)

GDP-composition by sector:
agriculture: 12%
industry: 24%
services: 64% (1995 est.)

Inflation rate-consumer price index: 3.7% (1997 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: 15.9% (yearend 1997 est.)

Budget:
revenues: $5.3 billion
expenditures: $6.3 billion, including capital expenditures of $78.5
million (1997 est.)

Industries: chemicals and plastics, machine tools, fabricated metal,
electronics, pig iron and rolled steel products, aluminum, paper, wood
products, construction materials, textiles, shipbuilding, petroleum
and petroleum refining, food and beverages; tourism

Industrial production growth rate: 0% (1995)

Electricity-capacity: 3.593 million kW (1995)

Electricity-production: 7.1