Cistoca Split Croatia tenders and business opportunities. Access latest Cistoca Split bids, market research and procurement analysis. Global tenders publishes domestic and international tenders, projects and contract awards for Cistoca Split and more than 2200 tendering authorities from Croatia.
The economy of Croatia is a developing high-income service based economy with the tertiary sector accounting for 60% of total gross domestic product (GDP). Croatia joined the World Trade Organization in 2000, NATO in 2009 and became a member of the European Union on 1 July 2013. The Croatian economy was badly affected by the financial crisis which, together with slow progress of economic reforms, resulted in six years of recession and a cumulative decline in GDP of 12.5%. Croatia formally emerged from the recession in the fourth quarter of 2014, and had a continuous GDP growth since. The Croatian economy reached pre crisis levels in 2019, but due to the Coronavirus pandemic its GDP decreased by 8.4% in 2020. However Croatia bounced back supported by strong private consumption, the better-than-expected performance of tourism industry and the boom merchandise exports, that in the first nine months of 2021 amounted to 13.3 billion euros, an annual increase of 24.6 per cent. This made 2021 Croatian export's record year as the score from 2019 was exceeded by 2 billion euros.
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