The EBRD in Croatia

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The EBRD has been investing in Croatia since 1993

A Croatian success story: together with the EU, we are helping to keep islands green, such as Brac in Croatia. Our loan and an InvestEU guarantee have unlocked a €35 million investment to build one of Croatia’s largest solar power plants.

263

Number of projects to date

€4,967m

Cumulative EBRD investment

€4,578m

Cumulative disbursements

71%

Private sector share of portfolio

Number of active portfolio operations

€1,230m

Current portfolio of projects

€1,002m

Operating assets

11%

Equity share of portfolio

15 April 1993

Joined the EBRD

124,120

Capital subscription (€000)

EBRD Governor: Marko Primorac
EBRD Alternate Governor: Stipe Župan
EBRD Board Director: Tamás Vojnits
EBRD Board Alternate Director: Klára Król

EBRD Shareholders information

In Croatia, we focus on supporting efforts to accelerate the reform process, leveraging the benefits of European Union (EU) accession to advance transition, and restructuring and commercialising public-sector enterprises. One of the more recent member of the European Union, Croatia became a member of the euro area and Schengen zone on 1st January 2023, and is in the advanced phase of the negotiations for joining the OECD.

Focus areas

The Bank’s strategic priorities, to be achieved in coordination with other international financial institutions and donors, include:
Supporting competitiveness through innovation, digitalisation and good governance;
Accelerating Croatia’s green economy transition and its Paris alignment;
Increasing resilience through inclusion and stronger stakeholder engagement.

2.9%

EBRD forecast for Croatia’s real GDP growth in 2025

2.6%

EBRD forecast for Croatia's real GDP growth in 2026

The economy is performing robustly, with growth of 3.9 per cent in 2024. Real wage growth of 12 per cent supported a rebound of private consumption, while investment expanded notably backed by EU funds. In addition, expansionary fiscal policy contributed to growth, with the fiscal deficit estimated at 2.1 per cent of GDP in 2024. Real GDP growth is expected to only marginally slowdown in 2025 compared with the previous forecast, to around 2.9 per cent, but downside risks have strengthened with 40 per cent of Croatia’s direct exports to the US being pharmaceuticals, which are vulnerable to a possible introduction of US tariffs on this sector. In 2026, Recovery and Resilience Facility (RRF) funds are again expected to support investment, resulting in output growth of around 2.6 per cent.

Croatia strategy and snapshot

Croatia strategy

PDF format / 1.69 MB

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Local language translation

PDF format / 1.88 MB

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Croatia results snapshot

PDF format / 2.50 MB

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Report on public comments

PDF format / 0.15 MB

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Contact the EBRD in Croatia

Head of Office: Miljan Zdrale

Address:

EBRD Zagreb Resident Office, Miramarska 23, 5th Floor, 10000 Zagreb, Croatia

Telephone:

+385 1 6000 310

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The EBRD in Croatia

A Croatian success story: together with the EU, we are helping to keep islands green, such as Brac in Croatia. Our loan and an InvestEU guarantee have unlocked a €35 million investment to build one of Croatia’s largest solar power plants.

Focus areas

Croatia strategy and snapshot

Contact the EBRD in Croatia

The EBRD in Croatia

A Croatian success story: together with the EU, we are helping to keep islands green, such as Brac in Croatia. Our loan and an InvestEU guarantee have unlocked a €35 million investment to build one of Croatia’s largest solar power plants.

Focus areas

EBRD provides €25 million loan to PBZ Leasing in Croatia

EBRD invests €38.2 million in Croatia’s Bosqar Invest

EBRD launches InvestEU Programme in Croatia

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