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Croatia

Welcome to the price transmission page for Croatia. This page enables you to look into the country and its crops more specifically to gain an understanding of the level of risk and also, to view its historic warning periods per commodity. Select a time range or a specific date to view the data in more detail.

Croatia

Historic Warnings per Commodity

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Background information

The Croatian War of Independence in 1991-1995 put a strain on the economy and blocked development. Nevertheless, the economy rebounded and grew at a fast pace to reach a high-income level. The economy is mainly dependent on the service sector, where especially tourism during the summer months represents an important income source. Natural resources include oil, coal, iron ore, calcium and gypsum among others. Problems that lied ahead are a high unemployment rate, uneven regional development, and high public debt rates. Croatia joined the EU in July 2013.

The geographically diverse country has a Mediterranean and continental climate well-suited for agriculture. Around one-quarter of the total land area is used for this sector, which contributes to 4.3% of GDP and 1.9% of total labor force. The agricultural output shows a great variety and includes: arable crops (wheat, corn, barley, sugar beet, sunflower, rapeseed, alfalfa, clover), vegetables (potatoes, cabbage, onion, tomato, pepper), fruits (apples, plum, mandarins, olives), grapes for wine and livestock (cattle, cows, pigs). Overall, Croatia is a net cereals exporter.

Croatia provides a universal health care system. Moreover, both primary and secondary education is available at no cost for the Croatian population. In terms of human development, the country ranks high with a value of 0.818 (HDI 2014). However, youth unemployment among is alarmingly high: every second aged 15-24 is unemployed. Almost one-fifth of the population is at risk of poverty.