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

Total Croatia News

Source: Pixabay
Source: Pixabay

Source: Pixabay

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.


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