4 GeoFroggy

Economy Overview

acceleration of integration into the EU; strengthening the fiscal system; public administration reform; World Trade Organization membership; and securing economic growth by fostering a dynamic, competitive private sector.

Agriculture Products

wheat, corn, fruits, vegetables; livestock

Industries

steel, coal, iron ore, lead, zinc, manganese, bauxite, aluminum, motor vehicle assembly, textiles, tobacco products, wooden furniture, ammunition, domestic appliances, oil refining

Industrial Production Growth Rate

3% (2017 est.)

Labor Force

806,000 (2020 est.)

Labor Force by Occupation

Agriculture: 18%

Industry: 30.4%

Services: 51.7% (2017 est.)

Unemployment Rate

35.97% (2018 est.)

Population Below Poverty Line

16.9% (2015 est.)

Household Income or Consumption by Percentage Share

Lowest 10%: 2.9%

Highest 10%: 25.8% (2011 est.)

Budget

Revenues: 7.993 billion (2017 est.)

Expenditures: 7.607 billion (2017 est.)

Public Debt

44.1% of GDP (2016 est.)

Commercial Bank Prime Lending Rate

Stock of Narrow Money

Stock of Broad Money

Stock of Domestic Credit

Market Value of Publicly Traded Shares

Reserves of Foreign Exchange and Gold

$5.137 billion (31 December 2016 est.)

Debt External

$10.64 billion (31 December 2016 est.)

Stock of Direct Foreign Investment at Home

Stock of Direct Foreign Investment Abroad

Exchange Rates

1.4718 (2013 est.)
Year

GDP Official Exchange Rate

  • $20.078 billion 2019 est.

Taxes and Other Revenues

  • 44% (of GDP) (2017 est.)

Fiscal Year

  • calendar year

GDP Purchasing Power Parity

GDP Real Growth Rate

    3.1% (2015 est.)

GDP Per Capital

    $6,141 (2017 est.)

Credit Ratings

  • Moody s rating
    B3 (2012)
  • Standard & Poors rating
    B (2011)

Gross National Saving

    10.5% of GDP (2015 est.)

GDP Composition by end Use

  • Household consumption
    77.4%
  • Government consumption
    20%
  • Investment in fixed capital
    16.6%
  • Investment in inventories
    2.3%
  • Exports of goods and services
    38.7%
  • Imports of goods and services
    -55.1%

GDP Composition by Sector of Origin

  • Agriculture
    6.8%
  • Industry
    28.9%
  • Services
    64.3%

Inflation Rate Consumer Prices

    -1.1% (2016 est.)

Current Account Balance

    -$821 million (2016 est.)

Exports

    $8.395 billion (2017 est.)

Exports Partners

  • Germany
    14.7%
  • Croatia
    11.8%
  • Italy
    11.1%
  • Serbia
    10%
  • Slovenia
    9%
  • Austria
    8.3%

Exports Commodities

    Metals, clothing, wood products

Imports

    $11.999 billion (2017 est.)

Imports Partners

  • Germany
    11.6%
  • Italy
    11.3%
  • Serbia
    11.1%
  • Croatia
    10.1%
  • China
    6.5%
  • Slovenia
    5%
  • Russia
    4.7%
  • Turkey
    4.2%

Imports Commodities

    Machinery and equipment, chemicals, fuels, foodstuffs