Croati Economic Development And Supra National Integration

1589 Words Mar 23rd, 2015 7 Pages
Croatia: Economic Development and Supra-National Integration

Jalyn Clark

February 24, 2015 Introduction
The country of Croatia is a fairly new country in relation to its development and it is currently blossoming into a developed country with high economic standards. Croatia is located in both the Northern and Eastern hemispheres in Southeast Europe. The countries of Bosnia, Herzegovina, and Slovenia, as well as the Adriatic Sea border it. According to the 2011 census, the population of Croatia is 4,284,889. The largest concentration of the population, eighteen percent, lives in the capital city of Zagreb. The lowest population density is in rural areas and parts of the country with poor transport communications, such as the highland areas. Croatia is a fairly homogeneous country with 90.4% of the population being Croats and 4.4% Serbian (World Bank). There are also twenty-one other nationalities represented by far fewer percentages (World Bank). Eighty-six percent practices the Roman Catholic religion and forty-one percent is in the age rage of twenty-five to fifty-four years. Overall the population is at a negative twelve-growth rate (World Bank). The GDP per capita is $20,392 and its classified by the World Bank as a high-income economy. The economy in Croatia has fluctuated quite a bit in the past due to wars, but has been steadily getting better recently. Between 2000-2007, economic fortunes began to improve with moderate, but steady GDP growth between four…
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