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Croatia has a high-income economy. International Monetary Fund data shows that Croatian nominal GDP stood at $63.842 billion, or $14,457 per capita, at the same time in 2011 while purchasing power parity GDP was $80.334 billion or $18,191 per capita. According to Eurostat data, Croatian PPS GDP per capita stood at 61% of the EU average in 2012.

Real GDP growth in 2007 was 6.0 per cent. The average net salary of a Croatian worker in March 2013 was 5,516 kuna (US$ 988) per month. As of March 2013, registered unemployment rate in Croatia was 20.9%.

In 2010, economic output was dominated by the service sector which accounted for 66% of GDP, followed by the industrial sector with 27.2% and agriculture accounting for 6.8% of GDP. According to 2004 data, 2.7% of the workforce were employed in agriculture, 32.8% by industry and 64.5% in services. The industrial sector is dominated by shipbuilding, food processing, pharmaceuticals, information technology, biochemical and timber industry. In 2010, Croatian exports were valued at 64.9 billion kuna (€8.65 billion) with 110.3 billion kuna (€14.7 billion) worth of imports. The largest trading partner is rest of theEuropean Union.

Privatization and the drive toward a market economy had barely begun under the new Croatian Government when war broke out in 1991. As a result of the war, the economic infrastructure sustained massive damage, particularly the revenue-rich tourism industry. From 1989 to 1993, the GDP fell 40.5%. The Croatian state still controls a significant part of the economy, with government expenditures accounting for as much as 40% of GDP.  A backlogged judiciary system, combined with inefficient public administration, especially on issues of land ownership and corruption, are particular concerns. In 2011 the country has been ranked 66th by Transparency International with a Corruption Perceptions Index of 4.0.  In June 2013, the national debt stood at 59.5% of the nation's GDP.

 

 

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