An Analysis of tourism’s influence on Croatia’s Gross Domestic Product

Sažetak

Abstract: This study deals with the research of tourism activity as one of the most important economic activities of the Republic of Croatia.
It aims to analyze the results of tourism activities in Croatia over ten years with an emphasis on the number of arrivals and overnight stays of domestic and foreign tourists, realized revenues from tourism, and their contribution to the total GDP of the Republic of Croatia. Over eight years, the goal is to investigate the inflationary impact on GDP growth and see how much the adjusted tourism revenues affect the share in GDP. In the final part, a comparative analysis of the share of
tourism in GDP with other European countries will be made, taking into account 2019 vs 2023.
The results demonstrate a statistically significant relation between the number of arrivals and overnight stays of domestic and foreign tourists on tourism income.
The findings further reveal a statistically significant correlation between tourism revenue and GDP growth in Croatia and the inflationary impact on the proportion of GDP.
Keywords: tourism; gross domestic product; EU country’s tourism share