In 2015, the average revenue per employee in Croatian companies which are wholly domestically owned was nearly three times lower than the average in foreign-owned ones, but domestic companies netted nearly HRK 24,000 in income per employee, ten times more than foreign-owned ones, the Financial Agency has said.
Those findings come from an analysis based on the 2015 register of annual financial reports by 106,569 businesses, including 98,388 (89.5%) were domestically owned and 9,908 foreign-owned (9.3%).
Wholly domestically owned businesses had 686,983 employees in 2015 (81.9% of all employees), generating nearly 68.5% of all revenues (HRK 438 billion), 67.6% of all expenditures (HRK 417.1bn), and 95.2% of all consolidated profits (HRK 16.31bn).
In 2015, foreign-owned companies employed 89,112 employees (10.6% of all employees), generating 20% of all revenues (HRK 127.7 bn), 20.5% of all expenditures (HRK 126.7 bn), 14.2% of all profits, 26% of all losses, and 1.2% of all consolidated profits (HRK 213.1 million).
Revenue per employee in domestically owned companies in 2015 was HRK 637,500, while in foreign-owned ones it was HRK 1.43 million. But the net income per employee in domestic companies was HRK 23,741, while in foreign-owned ones it was HRK 2,391.
The average net monthly wage in domestically owned companies was HRK 4,603, while in foreign-owned ones it was HRK 6,875.