By looking at the latest announcement from the Tax Administration of the Republic of Croatia, in the 3rd week of August spending in Croatia was down 19% YoY, while in the 2nd week of August it was lower for 13% compared to the same week last year.

By looking at the latest announcement from the Tax Administration of the Republic of Croatia, being tracked for Corona pandemic purposes, we can conclude that the tourist season has reached its peak. In the 3rd week of August spending in Croatia was down 19% YoY, while in the 2nd week of August it was lower for 13% compared to the same week last year. Also, 3rd week August 2020 was worse than the 2nd week of August in 2020 but only by 6%. For comparison purposes in the same week in 2019 spending was up for 1% compared to the week before. This can be explained by the fact that Italy and Austria have put Croatia on the ‘red lists’ of epidemiological unsafe countries so many tourists decided to return home. Italy has put Croatia on the red list from 13 August 2020 and Austria from 17 August 2020. Slovenia followed suit but from Friday, 21 August 2020 – almost the end of the 3rd week of August.

When we look at spending in all activities for the last 6M ending with 3rd week of August spending was 18% lower YoY. This statistics is according to the national classification of activities 2007. Looking at the activity of wholesale and retail trade, spending was down only 10% YoY, while in hospitality sector (activity of providing accommodation and food service) spending was down 47% YoY. The latter figure for the 3rd week of August stands at -35% YoY.