REGIONAL COOPERATION AND ECONOMIC INTEGRATION

CEFTA-2006 TRADE COOPERATION
and after 2002, respectively. The estimates for 2008 show that the highest GDP growth is
expected to be for Moldavia (7.3 percent) and the lowest for Croatia (4.6 percent).
Figure 1: Real GDP growth rate (Growth rate of GDP volume), 1992-2008
Source: The World Bank; CIA, the World Factbook
Note: *GDP-real growth rate (estimation)
Figure 2: Real GDP growth rate (Growth rate of GDP volume), 2002-2008
Source: The World Bank; CIA, the World Factbook
Note: *GDP-real growth rate (estimation)
Another comparison shows that Croatia has by far the highest GDP p.c. in the region. In
2009 estimated average value of the GDP (PPP) p.c. for the region is 9,444 units of current
international dollars, while the Croatian GDP p.c. is 18,057. It exceeds even the GDP p.c.
of Bulgaria and Romania which are the former CEFTA and present EU members. The
lowest GDP p.c. has Moldova. It amounted to 3,094 dollars which is 32.76 percent of
averaged CEFTA 2006 GDP p.c. or 17.14 percent of Croatian GDP p.c. (Table 1).
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