- Category: Economy
- Published on Thursday, 02 April 2015 13:35
Croatia on Wednesday (01.04.2015) said it earned almost a record 7.4 billion euro from tourism in 2014, which was up on the figures from 2013 - and not far from the all-time high of 2008.
Figures published by the Croatian national bank, HNB, show Croatia earned a healthy 7.4 billion euro from tourism in 2014, which was 2.8 per cent better than the figures for 2013.
Tourism now makes up 17.2 per cent of Croatia's annual GDP, which was 0.6 per cent more than in 2013. The latest figures are close to the record pre-recession year of 2008, when the country earned 7.46 billion euro.
Of the total income, 7.2 billion euro was generated from trips made for personal purposes, which was 231 million euro or 3.3 per cent more than in 2013 and 135 million euro or 2 per cent more than in 2008.
Another 194 million euro came from business trips. This figure has been in constant decline since 2005, when it was around 500 million euro.
Tourism minister Darko Lorencin expressed his satisfaction with the income earned in 2014 and said the results of the government’s work were now being seen, especially in the good results for the low season, outside high summer.
“The results make me extremely happy because it is proven that tourism policy is moving in the right direction and that Croatia is becoming a more competitive, more interesting and more demanded international destination,” he concluded.
Tourism has long been a major part of the Croatian economy, bringing a vital amount of cash into the state budget.
The industry is mostly is concentrated on the Adriatic coastal resorts, around the Roman and medieval cities of Zadar, Trogir, Split, Dubrovnik as well as the islands.
Lately, however, the continental towns, including the capital, Zagreg, have drawn more visitors.
With the onset of the recession in 2008, income from tourism fell in 2009 and 2010, but it started to bounce back from then on.