The report, carried by the Zagreb firm BonLine on Monday, focused on developments related to the decision by the European Union to open membership talks with Croatia on 3 October.
D&B analysts projected the real GDP growth rate in 2005 and 2006 at 3.7 per cent, the inflation rate at 2.6 per cent, the unemployment rate at 13.2 per cent and the balance of payments current account deficit at 4.5 per cent of GDP.
On the list of 25 countries rated, Croatia ranked 11th, the only country with a moderate investment risk rating of DB4d.
The list is headed by Slovenia, with a small investment risk rating of DB2c, while at the bottom of the list are Bosnia-Herzegovina, Belarus, Tajikistan, Turkmenistan and Uzbekistan with a DB6d rating.