Croatia Defence & Security Report Q1 2015

Nov 10, 2014 - Business Monitor International - 65 pages - USD $1,295
Abstract Table of Contents Request Details Related
BMI's Croatia Defence & Security Report examines the military and security dynamics of this Balkan nation. The report provides a comprehensive overview of the security challenges faced by Croatia, now and in the future. Several aspects of Croatia's defence and security posture are examined, including its defence procurement processes, military posture and strategic risks. The report suggests that despite the current financial challenges faced by the country, Croatia is broadly continuing on a path of military modernisation.

Croatia will spend USD794.8mn on defence in 2014, rising to USD797.4 in 2015, according to our calculations. On average, the country has spent USD890.8mn annually between 2011 and 2013. During this period, the country's defence budget has steadily declined. This reduction in spending has occurred as the result of a general contraction in the Croatian economy. For the rest of the forecast period, we expect Croatia to spend an average of USD825.7mn on defence annually between 2015 and 2019 with the defence budget reaching USD864.6mn in the 2018/19 timeframe.

Croatia maintains three distinct armed forces; the Croatian army, navy and air defence force. On average, these three armed forces combined have maintained a numerical strength of 31,800 personnel between 2001 and 2011, although during this period, the overall size of the armed forces has declined.

Although Croatia has a small defence manufacturing base, it maintains a defence trade surplus. In 2014, we expect Croatia's defence trade surplus to reach USD85.7mn, rising to USD87.3 in 2015. For the remainder of the forecast period, we anticipate that Croatia's defence trade surplus will be worth USD90.4mn on average annually. Croatia performs significant arms exports, given the size of the country's defence manufacturing base. In particular, the country has a known competence in the field of small arms and light weapons, in addition to the upgrade and retrofit of military vehicles. Croatia's...

Order This Report
FORMAT: PDF - Download Now with 3 Quarterly Updates $1,295 USD
LICENSE: Single-User
DELIVERY: Instant Download

Once you’ve found the right report, click ‘order now’ and complete the checkout process using any major credit card, check or wire/bank transfer.

Need multi-user or enterprise license pricing? Contact us for a custom quote!
MC, Visa, AMEX, Diners, Discovery, JCB

The Fast Market Research Advantage
Only the Best
All of our research is sourced from the most trusted and established global analysts and consultancies

Client Focused
From start-ups to multinationals, we focus on providing the right research to our diverse client base

Shop Securely
Our US-based customer service team and eCommerce systems adhere to highest data security standards

Industry-leading Customer Support
Individualized assistance from our expert staff is never more than an email or phone call away

About the Publisher
Business Monitor International (BMI) offers a comprehensive range of products and services designed to help senior executives, analysts and researchers assess and better manage operating risks, and exploit business opportunities, across 175 markets. BMI offers three main areas of expertise: Country Risk BMI's country risk and macroeconomic forecast portfolio includes weekly financial market reports, monthly regional Monitors, and in-depth quarterly Business Forecast Reports. Industry Analysis BMI covers a total of 17 industry verticals through a portfolio of services, including Daily Alerts, monthly regional Insights, and in-depth quarterly Country Forecast Reports.