National Development Strategy Croatia 2030: Roadmap for a Better Future


Economic growth can only be sustainable if it translates into higher quality of life and prosperity



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21aRoadmapCroatia2030

Economic growth can only be sustainable if it translates into higher quality of life and prosperity 
for all citizens. 
If the benefits of economic growth are not felt by all members of the society, such growth, 
regardless of its pace, cannot be maintained in the long run. Equally relevant, while economic growth is an 
important prerequisite for improving welfare, it alone is not sufficient to achieve prosperity and better 
quality of life. Living conditions, opportunities for individuals and families, equal access to education and 
health services, personal safety, national identity, etc., all strongly affect well-being and are an important 
part of the social fabric. Dissatisfaction with limited economic prospects and continued barriers to inclusive 
development could increase political and social tensions, decrease trust in institutions and make reform 
implementation more difficult. Achieving strong and sustainable growth in the long run will also crucially 
hinge upon adoption of policies that protect the environment, mitigate the negative effects of climate 
changes and preserve Croatia’s abundant natural capital. 
166.
Croatia is in a good position to leapfrog on multiple fronts during the next decade. 
While the 
reform and investment agenda is substantial, macroeconomic and financial stability, solid economic 
growth, access to EU funds, and the prospect to join the euro area and the Schengen zone in the foreseeable 
future create a solid ground for economic and social progress in Croatia.
 
The economy is now growing at 
around 3 percent annually, the labor market is improving, public debt is firmly on a downward path, and 
advancement has been achieved in critical areas such as the business environment. This has created an 
environment where the return on further reforms can be substantial and could unleash Croatia’s potential 
to achieve more inclusive economic growth, faster convergence with the EU

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