The main obcetive of the graduate work is to collect all relevant data related to the issuance of state guarantees and to conduct a financial analysis of the data collected from 2002 to June 2018. The implementation of the financial analysis of the amount and structure of issued state guarantees by the years, types, and economic sectors, gave an overview of the entire system of issuing guarantees what was in force in previous years when there were no clear criteria, and overview of the system what exists today. In addition, there is an analysis of the problem and the meaning of restrictions on the issuance of state guarantees, as well as an analysis of the companies to wich the guarantees are approved to gain a more detailed insight into the projects and companies in which they invested, what significance these guarantees had on the development of the economy, transport, agriculture and tourism in the Republic of Croatia and how the companies to which the guarantees are approved in the greatest amounts, are doing business today. At the end, a financial analysis of potential maturities of issued guarantees in the observed period and a comparative analysis of all the called guarantees in that period was carried out in order to see which of the issued guarantees were actually billed. Taking into account called guarantees, a projection of possible maturities in the future was made. The analysis showed which of the issued guarantees carried the highest risk of callection maturity, and the resulting images of possible maturities in the future period was obtained.