Croatia became an independent country when the Yugoslavian federation collapsed and its first democratic and multi-party elections took place in 1990. Independence was announced in June 1991. This promoted a declaration of independence from Croatia of the Serbian enclave of Krajina, which led to war. The Dayton peace agreement finally brought hostilities to a close in December 1995. In emerging from these four years of conflict (1991-95), Croatia has been suffering from major social and economic problems.
In 1999, 1,001,064 inhabitants in Croatia were recorded as retired. Unemployment in the year 2000 was 21%.