Saturday, 7 November 2020

Business Demography: 24,592 Enterprise Births in Croatia in 2019

ZAGREB, November 7, 2020 - In 2019, there were 24,592 enterprise births in Croatia, the data on enterprise deaths are still not known, while survival rates was at the levels registered in the previous years, show the temporary data provided by the national statistical office (DZS).

The business demography for Croatia show that the enterprises, that were set up in 2019, employed 41,212 people. The ratio of the newborn enterprises to employees show that they had 1.7 workers on average.

Broken down by business activity, the largest share of newborn enterprises, 4,119, were from the expert, scientific and technical activities. There were 3,171 newborn enterprises in the construction and 2,913 in commerce.

In 2018, there were 16,667 business births and 12,160 business deaths.

An enterprise death is defined as a business that was on the active registered enterprise
dataset in a reference year, but was no longer present in the dataset in the two following reference years.

The temporary data show that survivals of the companies in the years since their establishment were similar as in the previous periods. Thus, in 2018, one-year survival rate was 85%, and in 2017 this was around 89%, while in 2016, it stood at 85%.

The data on the survival in the following four years since the enterprise birth show that of the companies, born in 2015, 57% were active in 2019.

When it comes to the five-year survival rates, of the companies, set up in 2014, 56% of them were still active in 2019.

The DZS statistics show that in 2019, as many as 209,317 enterprises were active and they employed 1.23 million workers.

The highest share of hired workers, 272,521, were in the processing industry, and 244,029 were employed in construction businesses, while 121,049 were in hospitality services businesses.

Friday, 28 August 2020

Croatia's Q2 GDP Contracts by Record High 15%

ZAGREB, August 28, 2020 - Croatia's economy in the second quarter of 2020 contracted by a record high of 15.1% compared to the same period last year, this being its biggest fall since Croatia started collecting data on GDP, caused by the coronavirus crisis.

The State Bureau of Statistics (DZS) released its initial estimates on Friday according to which GDP in the second quarter fell by 15.1% on the year, falling for the first time since mid-2014.

This is also the greatest fall since 1995 when the DZS started collecting data on GDP. Until now, the highest ever drop in GDP was recorded in Q1 2009, at the start of the global financial crisis.

The fall in GDP in Q2 this year is greater than analysts had expected.

Six analysts polled by Hina expected GDP to drop on the year by an average 13.9%, with their estimates ranging from 12% to 17%.

The sharp decline in the economy in the second quarter is the consequence of the coronavirus pandemic and restrictive measures introduced to curb the pandemic, which paralysed commercial activities from mid-March until the end of April.


Sharp fall in consumption, investments, exports...

Due to the pandemic a sharp fall was recorded in personal consumption.

Household consumption plunged by 14% in Q2 2020 compared to Q2 2019.

Gross investments in fixed capital contracted by 14.7% year on year.

The export of commodities and services sunk by 40.6%.

The exports of commodities was 10.9% while the export of services plummeted by 67.4%. The import of commodities and services contracted too, by 28.1%, with commodity imports contracting by 25.3% and imports of services by 42.5%.

State spending however increased in Q2 by 0.7% on the year.


Figures poorer than EU average

According to seasonally adjusted data, GDP in Q2 fell by 14.9% compared to Q1 and by 15.1% on the year.

These figures are poorer than the European Union average. According to Eurostat data, GDP in the EU fell by 11.7% compared to Q1 and by 14.1% on the year.

DZS said that due to the circumstances related to the coronavirus crisis, some data may not be precise.

"Difficulties in gauging economic growth, particularly in service activities, might result in a potentially greater revision of GDP figures for the quarter," DZS said.


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Friday, 14 August 2020

Number of Airport Passengers in June Down 94.7%

ZAGREB, Aug 14, 2020 - Croatian airports in June this year handled 83,045 passengers, a 94.7% drop from the same period of 2019, and the number of passengers saw a double-digit drop in the first six months of the year as well, statistics from the national statistical office (DZS) indicate.

The drop in the number of passengers at Croatian airports is a direct result of the situation caused by the coronavirus disease, the DZS says.

Zagreb Airport saw the largest number of passengers, 43,000, which is a drop of 87% compared to June 2019, when it handled 333,000 passengers. It is followed by Split Airport, which saw 25,000 passengers, a drop of 95.1% compared to June 2019, when it handled 510,000 passengers, and Dubrovnik Airport with 10,000 passengers, 97.6% down from 414,000 passengers in June 2019.

Zadar Airport handled only 1,858 passengers, 98.5% down from June 2019, Rijeka Airport saw 1,483 passengers, a decrease of 95.1%, while Pula Airport saw only 976 passengers, an annual drop of 99.3%.

Of foreign passengers, the most numerous ones in June this year were Germans, accounting for 27,705 arrivals or 91.1% down compared to June 2019. They were followed by the Dutch, who accounted for 6,503 arrivals, a drop of 87.8%, and the Swiss, who accounted for 5,311 arrivals, a drop of 86.6%. There were only 1,770 tourists from Great Britain, which is a 99.4% drop compared to June 2019.

Croatian airports also saw a drop in cargo handled, with 432 tonnes, a drop of 57.1% compared to June 2019, when they handled 1,006 tonnes of cargo.

In the first six months of this year, 749,000 passengers passed through Croatian airports, which is an 82.5% drop from the same period of last year; the cargo handled was down by 31.6% to 3,782 tonnes, while the number of flights was down 67.4% to 17,474.

Thursday, 13 August 2020

Seaports See Increase in Cargo Handled, Drop in Passengers in Q2

ZAGREB, Aug 13, 2020 - In the second quarter of 2020, the number of passengers and vessels in the Croatian seaports dropped by 68% and 54% respectively, while the cargo handled by those ports rose by seven percent on the year, according to figures provided by the national statistical office (DZS). 

The circumstances in connection with the coronavirus pandemic adversely affected the transport of passengers and the number of ships arriving in Croatian seaports in the period from April to the end of June.

The number of vessels in the seaports in the second quarter of 2020 was 45,071, which was 54.3% fewer than in the corresponding period of 2019.

Seaports record their lowest number of travellers in 10 years

There were 2.99 million passengers catered for at the seaports, two thirds fewer than in the same period in 2019.

This was a record low number in the past 10 years.

The seaport of Split saw a drop of 75.% in the volume of passengers, for instance.

From April to June, the port of Dubrovnik handled a mere 94,900 passengers which were a drop of 90.2% on the year.

The volume of the cargo handled in the Croatian ports increased by 7% to 5.64 million tonnes.

The port of Omisalj was the top performer with 2.26 million tonnes, or 32.6% more than in Q2 last year.

Monday, 3 August 2020

DZS: Number of Industrial Workers Down m-o-m and y-o-y

ZAGREB, Aug 3, 2020 - The number of Croatian industrial workers in June declined by 0.5% from May and by 3.3% from June 2019, according to the National Bureau of Statistics (DZS).

Compared with May, the largest decreases in the number of workers were observed in tobacco production (-19.4%), other manufacturing industries (-6.7%) and in the manufacture of motor vehicles, trailers and semi-trailers (-3.0%). The largest increase was recorded in crude petroleum and natural gas extraction (+1.7%).

Year on year, the largest decreases were registered in the manufacture of refined petroleum products (-17.2%) and tobacco production (-10.1%), while the largest increases were observed in textile production (+11.8%), the manufacture of basic pharmaceutical products and preparations (+4.6%) and the manufacture of finished metal products (+1.8%).

In the first half of 2020, compared with the same period of 2019, the number industrial workers dropped by 3.0%, and productivity declined by 2.8%.

In June, compared with the same month of last year, industrial production fell by 1.8%, declining for eight months in a row, but at a slower rate than in May when it fell by 12.4% year on year, its largest contraction since the recession year of 2009.

Thursday, 2 March 2017

Despite the Bad Weather, Camps Recorded Growth in 2016

In February, the final camping data for 2016 was delivered by the Croatian Bureau of Statistics (DZS). Despite the bad start due to rainy weather in 2016, camps in Croatia still recorded growth.

Tuesday, 8 November 2016

Arrivals in September Increased by 14.5%, Overnights by 11.5%

In September 2016, accommodation facilities in Croatia recorded that tourist arrivals went up by 14.5%, while overnight stays increased by 11.5% in comparison to September 2015, reports the Central Bureau of Statistics on Tuesday.

Thursday, 27 October 2016

Tourist Activity: How Does the Croatian Population Like to Travel?

In 2015, 1.6 million or 42.9% of the Croatian population aged 15 and over took at least one private overnight trip, states the data of the Central Bureau for Statistics (DZS) released today, 27 October, 2016. The total generated number of private trips was 5.7 million, of which 3.6 million (63.5%) were in Croatia, and 2.1 million (36.5%) were abroad.

Wednesday, 12 October 2016

Croatian Bureau of Statistics Announces an Increase in Cruise and Airport Traffic for 2016

In the period from January to August 2016, 518 cruises were realized in the Republic of Croatia, states the Central Bureau of Statistics. On these cruises, the 706,737 passengers who were in Croatia stayed for 1.171 days - or an average of two days, reports HRTurizam.

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