Importance of Tourism for Croatia: There are Few Countries so Economically Dependent on Foreign Tourists

Croatia the most economically dependent country on tourism in the EU.

It is difficult to find a country in Europe which during the summer months so eagerly expects and counts the number of tourists. Among the EU member states, Croatia is economically the most dependent country on tourism. Tourism directly generates 12.1 percent of gross domestic product (GDP). For instance, Austria has a much more developed tourism industry and 2.3 times larger tourist income than Croatia, but it represents only 4.9 percent of its GDP, according to the World Travel Tourism Council, in a report in Novilist on July 29, 2015.

In most European countries, tourism represents only a few percent of GDP. In Germany, this activity accounts for only 1.8 percent of GDP. On the other hand, in Montenegro tourism provides one tenth of GDP. In the always popular Greece, where tourism is currently considered an issue of economic survival, this industry represents only 6.5 percent of GDP. In the European tourism superpower, Spain, tourism generates 5.7 percent of GDP, and in France, which is in second place, about 4 percent, similar to Italy.

Croatia is among the most attractive European countries, judging by the number of visitors compared to its size. However, the data confirm that having the sea is not a must for a developed tourism industry. While Croatia in 2013 earned 9.7 billion dollars, Austria earned a total of 22.6 billion, and Switzerland 20 billion dollars. Czech Republic, where visitors mostly go to Prague, earns 7.8 billion dollars. Hungary earns 6.6 billion dollars, mostly in Budapest and on Balaton Lake.

However, by its tourism revenue Croatia far exceeds all of its neighbors. After Hungary, the best is Slovenia, with around three billion dollars. On the other hand, Slovenians abroad spend 1.1 billion dollars, mainly in Croatia. Serbia earns from foreign tourists 1.1 billion dollars, but the Serbs spend more abroad, about 1.2 billion. Montenegro earns about 930 million, Bosnia and Herzegovina about 750 million, and Macedonia 270 million dollars.

 

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