The main subject of this paper is to describe the quality and development of the Croatian economy in order to gain a current picture of the state of the economy. The financial crisis has spread to all countries of the world and the worst consequences have hit developing countries, including Croatia. The economy of Croatia goes through crisis periods; the unemployment rate has begun to rise, manufacturing and export are decreasing and the external debt is enhanced. The paper identifies possible changes in areas that would allow the financial crisis to emerge. After the consecutive decline in GDP, a modest recovery was identified in 2015. In order to increase the quality of Croatian economy, the priority is to increase export, reduce external debt and invest less in foreign companies. In order to increase and develop Croatian economy we must invest in education, that is, we must raise the level of education of the population. The most developed branch of the economy in Croatia is tourism. Year after year tourism in Croatia is constantly rising, while other sectors, like agriculture and manufacturing, are not sufficiently developed and is needed to invest far more in them. Investing in other branches of economy, unemployment would reduce and the export would increase. The future of development and recruitment of the Croatian industry is in an induction of modern technologies and new products; it is in a realization of joint investments and establishment of a strategic partnership with foreign companies, and in goals to conquer new markets.