s 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. The recession that began at
the end of 1998 continued through most of 1999, and GDP growth for the
year was flat. Inflation remained in check and the kuna was stable.
The death of President TUDJMAN in December 1999, and the defeat of his
ruling Coatian Democratic Union or HDZ party in parliamentary and
presidential elections in January 2000 has ushered in a new government
committed to economic reform but faced with the challenge of halting
the economic decline.

GDP: purchasing power parity - $23.9 billion (1999 est.)

GDP - real growth rate: 0% (1999 est.)

GDP - per capita: purchasing power parity - $5,100 (1999 est.)

GDP - composition by sector:
agriculture: 10%
industry: 24%
services: 66% (1996 est.)

Population below poverty line: NA%

Household income or consumption by percentage share:
lowest 10%: NA%
highest 10%: NA%

Inflation rate (consumer prices): 4.4% (1999)

Labor force: 1.65 million (1999)

Labor force - by occupation: agriculture NA%, industry NA%, services
NA%

Unemployment rate: 20% (1999 est.)

Budget:
revenues: $6 billion
expenditures: $4.7 billion, including capital expenditures of $NA
(1998)

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: -2% (1999 est.)

Electricity - production: 9.515 billion kWh (1998)

Electricity - production by source:
fossil fuel: 42.72%
hydro: 57.28%
nuclear: 0%
other: 0% (1998)

Electricity - consumption: 12.949 billion kWh (1998)

Electricity - exports: 900 million kWh (1998)

Electricity - imports: 5 billion kWh (1998)

Agriculture - products: wheat, corn,