After overcoming several economic recessions, Croatia managed to become a fast-growing economy with the services sector as its main drive. The prospects of Croatia are encouraging, and this might be the perfect time to expand into the country. With our PEO service, you can start expanding into Croatia within days while we take care of the complicated legwork.
After gaining its independence in 1991 Croatia was in a deep recession which led to drastic economic reforms. The country transformed into a market-based economy and managed to double its income and create significant economic growth just until the financial crisis hit. After another decrease in GDP (Gross Domestic Product), the economy of Croatia became one of the strongest ones in Southeast Europe.
As a member of the European Union, NATO, and the World Trade Organisation, Croatia keeps close connections with its trading partners resulting in an important and advanced export sector.