IMD World Competitiveness Booklet 2021

COMPETITIVENESS TRENDS - OVERALL CROATIA

OVERALL PERFORMANCE (64 countries)

BASIC FACTS Capital Land area (square km '000)

Rank

Zagreb

59 59 2017 2018 2019 2020 2021

57 2020

6.614 2020 4.05 2020 56.0 2020 27,704 2020 -8.4 2020 0.26 2020 7.53 2020 1.79 2020 -0.57 2020 29.9 2019 1.93 2019

60

60

Exchange Rate (per $)

61

54

Population - market size (millions)

CHALLENGES IN 2021 Reform and digitalization of the judicial system. Reform and digitalization of public administration and local • Reform and digitalization of the judicial system. • Reform and digitalization of public administration and local administrative units. • Decrease the overall tax burden on business (para-fiscal fees and hidden costs) to improve business environment. • Support entrepreneurial activities based on SDGs (reduce poverty, green economy, access to education for all). • Develop and implement a broad digitalization program to assist in the implementation of reforms and to enable leap-frog development in selected sectors of the economy.

54

Gross Domestic Product (GDP) (US$ billions)

44

GDP (PPP) per capita (US$)

56

Real GDP growth (%)

20

Consumer price inflation (%)

40

Unemployment rate (%)

54

Labor force (millions)

45

Current account balance (% of GDP)

56

Direct investment stocks inward ($bn)

National Competitiveness Council Provided by: National Competitiveness Council

35

Direct investment flows inward (% of GDP)

COMPETITIVENESS LANDSCAPE

Economic Performance

Government Efficiency

Business Efficiency

Infrastructure

Domestic Economy

International Trade

International Investment Employment Prices

Public Finance

Tax Policy

Institutional Framework Business Legislation

Societal Framework

Productivity & Efficiency Labor Market Finance

Management Practices

Attitudes and Values

Basic Infrastructure

Technological Infrastructure Scientific Infrastructure

Health and Environment Education

29

33

38

38

44

45

50

51

53

54

55

56

56

59

59

60

61

63

64

64

PEER GROUPS RANKINGS EUROPE - MIDDLE EAST - AFRICA (41 countries)

POPULATIONS < 20 MILLION (35 countries)

2017 2018 2019 2020 2021

2017 2018 2019 2020 2021

39

39

40

40

40

33

33

33

33

33

63

IMD WORLD COMPETITIVENESS BOOKLET 2021