As of 2014 the contracting parties to the EEA are 3 of the 4 EFTA member states and 27 of the 28 EU member states. The 28th and newest EU member, Croatia, finished negotiating their accession to the EEA in November 2013, and since 12 April 2014 is provisionally applying the agreement pending its ratification by all EEA member states.

Is the following statement correct based on the text

is croatia part of the european economic area
yes