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Country data

4.4 million
87,700 sq km

Key developments and challenges

  • Croatia became a member of the European Union (EU). The country joined the Union as the twenty-eighth member state on 1 July 2013, after fulfilling all necessary pre-accession requirements, and following ratification of the Accession Treaty by all member states.
  • Key large-scale privatisations were completed this year. The government sold the Brodosplit, Brodotrogir and 3 Maj shipyards, and earlier in the year launched the privatisation of the freight railway operator, HZ Cargo.
  • The economy remains in recession. Last year GDP declined by 2 per cent on the back of a decline in domestic demand, and there are no signs of recovery in the first half of 2013.

Croatia in the 2013 Transition Report

Tram in Zagreb, Croatia

Our work in Croatia

In Croatia our support ranges from the financial sector to infrastructure and the regional expansion of local companies.


Key facts about the EBRD's work in Croatia

No. of projects


Net EBRD investment

€2.9 billion

Gross disbursements

€2.5 billion

Portfolio in private sector



Last updated 30 June 2014

View factsheet

Our strategy in Croatia

The Bank's focus will include leveraging the benefits of EU accession to advance transition, restructuring and commercialising public sector enterprises and restoring sustainable growth to Croatia.

Read strategy


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