BASIC STRUCTURAL BUSINESS INDICATORS OF ENTERPRISES, 2020 PROVISIONAL DATA

Data on the non-financial business economy of the Republic of Croatia are presented. These data refer to the activities of industry, construction, trade and non-financial services, that is, the activities that comprise the majority of the so-called real sector. The data are published at the level of the statistical unit "enterprise" in accordance with the definition and rules set out in the Council Regulation (EEC) No 696/93 of 15 March 1993 on the statistical units for the observation and analysis of the production system in the Community. They are harmonised with relevant European Union (EU) standards and internationally comparable.

Decrease in business activity of real sector

Compared to the previous year, the observed part of the economy recorded a nominal decrease in business activity in 2020 (9.0% in turnover, 6.6% in value added and 2.2% in the number of persons employed). The decrease in the activity was recorded for all sections, except construction, which recorded an increase in turnover of 0.9%, in value added of 15.5% and in the number of persons employed of 5.6%.

According to the provisional results in 2020, concerning this part of the economy, there was a total of 180 541 enterprises employing 1 087 304 persons according to the definitions of structural business statistics (see Notes on Methodology). The total turnover of these enterprises (the revenue from sold goods and services) amounted to 653 billion kuna and the value added to 190.4 billion kuna.

The largest share of the value added was generated by enterprises in the Industry section

The largest number of enterprises operated in the Non-financial services section (in which there were 97 341 active enterprises, or 53.9%) and in the Trade section (in which 35 386, or 19.6%, enterprises operated).

The largest number of employed persons was engaged in the Non-financial services section (with 402 781 employed persons, or 37.0%) and in the Industry section (with 319 550 employed persons, or 29.4%).

Enterprises in the Trade section had the largest share in the generated turnover (with a generated turnover of 265.4 billion kuna, or 40.6%), followed by enterprises in the Industry section (with a generated turnover of 194.7 billion kuna, or 29.8%).

The largest share in the total value added at factor costs was generated by enterprises in the Industry section (34.1%) and in the Non-financial services section (33.2%).

It must be pointed out that the statistical data presented in this First Release are not comparable with the data on the structure and business collected and/or processed according to the methodologies having a different approach and/or using different concepts and definitions.

B Mining and quarrying

C Manufacturing

D Electricity, gas, steam and air conditioning supply

E Water supply; sewerage, waste management and remediation activities

F Construction

G Wholesale and retail trade; repair of motor vehicles and motorcycles

H Transportation and storage

I Accommodation and food service activities

J Information and communication

L Real estate activities

M Professional, scientific and technical activities

N Administrative and support service activities

Non-financial business economy

S95 Repair of computers and personal and household goods

 

NOTES ON METHODOLOGY

Introduction to structural business statistics

Structural business statistics (SBS) describe the structure, conduct and performance of economic activities, valued at market prices, by observing the units engaged in those activities. They provide information on income and expenditures, employment, productivity, national and regional specialisation, enterprises' size classes, investments, etc.

The purpose of the survey on structural business statistics is the monitoring of business and providing internationally comparable data in accordance with the European SBS standards (the Regulation 295/2008/EC of the European Parliament and of the Council of 11 March 2008). The obtained indicators enable the analysis of business and structural changes of the business population. The indicators serve as a basis for performing market analysis and business decision-making as well as for the calculation of the gross domestic product and the assessment of basic macroeconomic categories.

Sources and methods of data collection

The SBS compilation data and those used in the calculation of SBS indicators are collected from the existing administrative and statistical sources. The principal data source is the Annual Financial Report of Entrepreneurs (GFI-POD form). Additional data sources are other financial reports, records of the Tax Administration Office (profit and income taxes) and own surveys of the Croatian Bureau of Statistics ‒ Annual Report on Gross Investment in Fixed Assets (INV-P form) and Investments in Environmental Protection and Expenditure on Goods and Services in Environment (IDU-OK form) in accordance with the relevant methodology.

Observation units

The main observation unit used in the structural business statistics is an enterprise – a business entity that makes an organisational unit engaged in producing goods and/or services and holds a certain degree of autonomy. Depending on the business and organisational situation, it may correspond to either one legal unit or a group of several legal units. In addition to legal units, enterprises also include free lances and crafts.

Each enterprise as a whole is assigned a code number of its principal activity according to the National Classification of Activities. The principal activity is determined and updated by the Statistical Business Register of the Croatian Bureau of Statistics. The criterion for determining the principal activity is the largest share in the total value added of an enterprise. If it is not possible to obtain accurate information on the value added, the activity classification has to be determined by using substitute criteria such as income and/or the number of employed persons.

Coverage

The publication presents data by sections and divisions of the NKD 2007. It includes all active enterprises – legal entities and natural persons – that are classified into sections B – J and L – N as well as into division 95 of section S, according to their main activity.

Publication

The first national results for a certain narrow range of variables are published within 11 months after the end of a reporting year. The final national results for the extended set of variables are published within 19 months after the end of a reporting year. After the publication of data in the Republic of Croatia, the data are also overtaken and published by Eurostat.

Confidentiality

Aggregated data, for which confidentiality must be upheld (because of a small number of units, the dominance rule or secondary confidentiality rule), are treated as such and are not published, which is in line with the Official Statistics Act (NN, No. 25/20) and the Regulation of the European Commission (250/2009/EC).

Definitions of variables

Number of enterprises (EU code 11110) is a number of enterprises registered in the Statistical Business Register that were active during at least a part of a reference period.

Number of persons employed (EU code 16110) is defined as the total number of persons who work in an enterprise (including working proprietors, partners working regularly in the unit, unpaid family workers and voluntary workers), as well as persons who work outside the enterprise they belong to but are paid by it.

Turnover (EU code 12110) comprises the total accrued incomes from market sales of goods or services to third parties, with the exception of deductible VAT. Incomes classified as financial, other and extraordinary ones are excluded.

Value added at factor costs (EU code 12150) is the gross income from operating activities after adjusting for operating subsidies and indirect taxes, calculated gross (depreciation is not subtracted). Income and expenditure classified as financial is excluded from value added.

Total purchases of goods and services (EU code 13110) include the value of all goods and services (with the exception of deductible VAT) purchased during the accounting period, excluding capital goods the consumption of which is registered as consumption of fixed capital. Expenditures classified as financial ones are excluded.

Personnel costs (EU code 13310) are remunerations calculated and payable by employers to employees in return for work done. They are made up of wages and salaries (EU code 13320) and social security costs (EU code 13330).

 

Abbreviations
EEC	European Economic Community
EU code	EU code of variables
Eurostat	Statistical Office of the European Communities
mln	million
n. e. c.	not elsewhere classified
NKD 2007.	National Classification of Activities, 2007 version
NN	Narodne novine, official gazette of the Republic of Croatia
VAT	value added tax
z	data are not published for confidentiality reasons
'000	thousand
Symbols
-	no occurrence

 

This document has been produced with the financial assistance of the European Union. The contents of this document are the sole responsibility of the Croatian Bureau of Statistics and can under no circumstances be regarded as reflecting the position of the European Union.

 

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Persons responsible:
Milenka Primorac Čačić, Director of Business Statistics Directorate
Lidija Brković, Director General

Prepared by:
Paula Nimac, Stjepan Boroš i Ana Bašadur

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