Croatia, bounded by Slovenia, Hungary, Serbia, Bosnia & Herzegovina, and the Adriatic Sea, was part of Yugoslavia. It declared independence in 1991. Shortly afterward, local Serbian forces proclaimed the area around Knin independent Serbian Krajina. Croatian forces overran the Serbian controlled area in 1995.

In the 1993 currency reform, Dinar was replaced by Kuna which is currently pegged to Euro.

For a more detailed country profile, see CIA World Factbook on Croatia.