This paper presents the activity of Croatian economy based on economic indicators, fiscal and monetary policies and business cycles in the period from 2000 to 2021. The aim of the paper is to define economic indicators, investigate their movement, determine business cycles and investigate fiscal and monetary policies in the above-mentioned period. This final paper is based on the theoretical data found in the specialized literature and similar sources on the internet. The Croatian National Bank website was an important source of data used in this paper. Some statistical data are presented using figures and tables. Based on the research results it can be concluded that the global financial crisis of 2008 had a negative impact on the Croatian economy. Croatia’s inability to deal with the consequences of the crisis caused a five-year economic stagnation. The accession to the European Union has had positive effects on the Croatian economy, especially on the GDP growth rate, unemployment rate, inflation rate, general government budget, balance of payments of goods and services and the long-term interest-rates. The 2020 Covid-19 pandemic had a negative impact on all the indicators followed by the rapid economic recovery already in 2021. It is recommended that further research is conducted on the long-term impact of the Covid-19 pandemic.