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

Croatia  
Rank: 80 · Score: 46.0  

Basic facts, 2015        
Population (millions) 4.2   IPOs and pulic issues (quartile) 3rd
GDP (US$ billions) 48.7   M&A volume (quartile) 3rd
GDP per capita (US$) 11,506.4   Venture capital investments (quartile) Bottom
GDP growth (per cent) 2.0   Private equity investments (quartile) Bottom
 
 
 
Performance Overview
Indicator   Rank / 125 Rank Trend Score
VCPE Country Attractiveness Index 80 48, 46, 47, 48, 45 46.0
1 Economic Activity 102 18, 16, 16, 14, 23 71.5
2 Depth of Capital Market 84 44, 42, 42, 42, 41 27.9
3 Taxation 32 98, 69, 97, 95, 93 105.1
4 Investor Protection and Corporate Governance 74 53, 52, 58, 56, 51 59.1
5 Human and Social Environment 81 38, 33, 35, 37, 44 39.3
6 Entrepreneurial Opportunities 56 74, 75, 73, 68, 69 56.8


 
Historic performance, 2012-2016   Key driver performance, 2016

   

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
Ukraine 57.5 50.5 101.9 46.2 29.8 56.0
Macedonia 53.7 26.6 103.0 68.5 62.5 58.1
Serbia 63.5 34.7 77.6 49.3 43.0 51.1
Croatia 71.5 27.9 105.1 59.1 39.3 56.8
Montenegro 64.4 25.1 94.7 66.3 53.0 49.7
Belarus 78.1 11.3 99.0 35.6 47.6 59.7
Bosnia-Herzegovina 53.6 16.8 72.9 48.5 34.6 41.4
Last updated: 8 August 2016