Croatian Receipts Issued in 2021 Nearing Value of Those Issued in 2019

By 11 August 2021

August the 11th, 2021 - The Croatian economy is recovering slowly but surely from the heavy blow it was struck by as a result of the coronavirus pandemic. When looking at the monetary value on Croatian receipts and bills issued in the last week, we can see some more than encouraging numbers and percentages.

As Poslovni Dnevnik/Jadranka Dozan writes, the value of Croatian receipts issued last week by all those enterprises in the fiscal system exceeded their amount in the comparable week last year by as much as a third, marking a significant step forward for the domestic economy in light of the unprecedented situation we continue to find ourselves in.

When it comes to trade, which was less affected last year than, for example, tourism, catering and hospitality and related activities, fiscalised turnover increased by 18 percent compared to the same week of 2020, while in the provision of accommodation, food preparation and serving, the value of issued Croatian receipts issued increased by as much as 67 percent.

Compared to the comparable week of pre-pandemic, record 2019, the total fiscalised turnover last week was 13 percent higher, with 10 percent more traffic being fiscalised in trade and 13 percent more in the hard-hit tourism and hospitality sector.

The Tax Administration also offered an overview for the period from the last week of February 2021, with which we can realistically compare the start of the pandemic last year. In the past five and a half months of this year, the total fiscalised turnover increased by 24 percent, which is, among other things, the result of 17 percent higher reported turnover in trade and an increase of 61 percent in tourism, hospitality and catering.

A comparison of this period of this and pre-pandemic 2019 shows that the amount of Croatian receipts issued is practically at the same level as before the pandemic, which is encouraging indeed.

However, while trade exceeds pre-crisis turnover by 4 percent, when it comes to accommodation, food preparation and serving, the recorded turnover still lags behind by approximately one fifth (-21 percent).

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