The Venture Capital & Private Equity
Country Attractiveness Index
Alexander Groh, Heinrich Liechtenstein, Karsten Lieser and Markus Biesinger

Croatia  
Rank: 68 · Score: 51.8  

Basic facts, 2017        
Population (millions) 4.2   IPOs and pulic issues (quartile) Bottom
GDP (US$ billions) 50.7   M&A volume (quartile) 3rd
GDP per capita (US$) 12,075.0   Venture capital investments (quartile) Bottom
GDP growth (per cent) 3.0   Private equity investments (quartile) Bottom
 
 
 
Performance Overview
Indicator   Rank / 125 Rank Trend Score
VCPE Country Attractiveness Index 68 64, 59, 65, 62, 57 51.8
1 Economic Activity 88 31, 18, 34, 42, 37 65.6
2 Depth of Capital Market 60 67, 62, 65, 66, 65 48.1
3 Taxation 81 97, 95, 93, 53, 44 91.1
4 Investor Protection and Corporate Governance 77 59, 57, 50, 57, 48 57.1
5 Human and Social Environment 90 36, 36, 42, 38, 35 36.0
6 Entrepreneurial Opportunities 64 72, 67, 70, 68, 61 52.4


 
Historic performance, 2014-2018   Key driver performance, 2018

   

VCPE Rank  
VC Rank  
PE Rank
Croatia  
Eastern Europe
 
 
 
Peer Group Comparison
 
Regional Peers Economic Activity Depth of Capital Market Taxation Investor Protection and
Corporate Governance
Human and Social
Envorinment
Entrepreneurial Culture
and Deal Opportunites
Bulgaria 72.6 51.4 93.0 57.6 47.0 58.2
Slovenia 72.5 30.7 115.0 67.4 62.5 72.6
Georgia 61.2 42.6 104.4 72.5 53.3 50.4
Croatia 65.6 48.1 91.1 57.1 36.0 52.4
Slovakia 73.7 34.7 103.7 58.1 44.3 58.6
Macedonia 39.3 29.5 103.3 67.5 58.5 51.6
Serbia 57.6 31.1 85.0 50.1 45.5 52.6
Last updated: 4 Feb 2018