The net profit of Croatian entrepreneurs in 2023 amounted to 8.8 billion euros, and this result was most influenced by entrepreneurs from the private sector, who achieved 7.9 billion euros in net profit last year, which is 19.9 percent more than the previous year, according to an analysis by the Financial Agency.
Entrepreneurs from the private sector, numbering 153,809, employed 890,190 workers last year and achieved total revenues of 138.1 billion euros, 10.4 billion euros in period profit, 2.5 billion euros in period loss, and 7.9 billion euros in net profit.
Private sector entrepreneurs thus increased the number of employees by 5.6 percent compared to 2022, total revenues by 10 percent, period profit by 17.2 percent, period loss by 9.3 percent, and net profit by 19.9 percent.
– The private sector played the most significant role in the business of entrepreneurs in 2023 as it accounted for 98.5 percent of the number of entrepreneurs, 86.5 percent of the number of employees, 85.7 percent of total revenues, 90 percent of period profit, 90.2 percent of period loss, 67.4 percent of gross investments only in new fixed assets, and achieved 90 percent of the total net profit of Croatian entrepreneurs – the analysis states.
Employees in private sector companies, in 2023, as in previous years, were paid lower average monthly net salaries than the economy average, 1,002 euros in 2023, which is 2.6 percent less than the average of all entrepreneurs in Croatia (1,028 euros).
