IMD World Competitiveness Booklet 2022
Croatia Competitiveness Trends – Overall
OVERALL PERFORMANCE (63 countries)
BASIC FACTS
Rank
2018
2019
2020
2021
2022
Capital Land area (square km '000)
Zagreb
88 2021
46
6.360 2021
59
Exchange Rate (per $)
60
60
61
3.90 2021 52 67.8 2021 52 34,081 2021 42 10.4 2021 06 2.61 2021 26 7.63 2021 43 1.82 2021 52 3.32 2021 20 32.1 2020 54 2.06 2020 25
Population - market size (millions)
Gross Domestic Product (GDP) (US$ billions)
CHALLENGES IN 2022
GDP (PPP) per capita (US$)
• Rise in energy prices and ensuring the right energy mix, for both businesses and citizens, in the long run. • Rise in prices of raw material, especially steel (and other metals) - construction sector particularly hit. • Rise in prices of foodstuff, especially those imported from Ukraine. • Unprecedented rise of inflation: 7,6% in March. • Croatia is still facing labour shortages, which is partially assuaged by swift employment of Ukrainian refugees.
Real GDP growth (%)
Consumer price inflation (%)
Unemployment rate (%)
Labor force (millions)
Current account balance (% of GDP)
Direct investment stocks inward ($bn)
Direct investment flows inward (% of GDP)
PROVIDED BY: National Competitiveness Council
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
5
15
30
34
37
37 42
40
43
44 48
47
48 45 49
56
56
58 56 57
PEER GROUPS RANKINGS EUROPE - MIDDLE EAST - AFRICA (40 countries)
POPULATIONS < 20 MILLION (36 countries)
2018
2019
2020
2021
2022
2018
2019
2020
2021
2022
29
31
33
33
33
33
37
38
38
38
64 Competitiveness Country Profiles
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