IMD World Competitiveness Booklet 2020

COMPETITIVENESS TRENDS - OVERALL CROATIA

OVERALL PERFORMANCE (63 countries)

BASIC FACTS Capital Land area (square km '000)

Rank

Zagreb

2016 2017 2018 2019 2020

57 2019

58

6.623 2019 4.07 2019 60.4 2019 27,689 2019

59

Exchange Rate (per $)

60

60

61

54

Population - market size (millions)

CHALLENGES IN 2020 Reform public administration and the territorial organization of the country through the digitization of public administration and • Reform public administration and the territorial organization of the country through the digitization of public administration and its services. • Strengthen sectors important for the self-sufficiency of national security, primarily: food, medicine and public health. • Strengthen private sector investment through venture capital funds, business angels, and crowdfunding. • Judicial reform. • Realize the Triple Helix concept of collaboration between academia, business and government to enhance innovation and competitiveness. Provided by: National Competitiveness Council National Competitiveness Council

55

Gross Domestic Product (GDP) (US$ billions)

46

GDP (PPP) per capita (US$)

2.9 2019 0.77 2019 6.73 2019 1.80 2019 2.81 2019 32.9 2018 2.29 2019

19

Real GDP growth (%)

18

Consumer price inflation (%)

47

Unemployment rate (%)

54

Labor force (millions)

25

Current account balance (% of GDP)

55

Direct investment stocks inward ($bn)

30

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

19

25

37 40

41

45

48

49

55 52

55 57

57

57

58

59

61

63

63 63

PEER GROUPS RANKINGS EUROPE - MIDDLE EAST - AFRICA (40 countries)

POPULATIONS < 20 MILLION (34 countries)

2016 2017 2018 2019 2020

2016 2017 2018 2019 2020

32

37

39

33

33

33

33

40

40

40

64

IMD WORLD COMPETITIVENESS BOOKLET 2020