According to the Croatian National Bank (NHB), Croatia this year had a significantly decrease in tourism revenue, compared to year 2008. In the first nine month of 2009, foreign guest spent around 5.77 billion Euros, which was a decline of 15.2 percent compared to year before, In 3 quarter the revenue decrease to 3.88 billion Euros which was a 15.7 percent less then in 2008.

Total revenue fell, according to HNB in the first three quarters of 2009, with 1.03 billion Euros. In 2008 Croatia recorded a record year with around 7.4 billion Euros in revenue from tourism industry.

HNB analysts attribute the decline to the fact that the average foreign tourists in Croatia are spending less money than in previous years. There number of foreign tourist arrivals showed a slight decline of 0.6 percent, which let to a decline in overnights by 0.1 percent. The tourism industry accounts for about 15 percent of Croatia’s gross domestic product (GDP).

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