Entrepreneurs in Dubrovnik-Neretva County recorded significant growth in revenue, profit, and employment in 2024, according to consolidated financial statements published by Fina.

Total revenues reached €2.43 billion, a rise of 15.2 percent compared with the previous year, marking the highest revenue growth among all Croatian counties.

Expenses also grew, climbing 14 percent to €2.18 billion. Despite this, pre-tax profit increased to €307.7 million, up 17.9 percent year-on-year, while net profit surged by 28.2 percent to €212.2 million. Losses before tax decreased from €62.9 million to €55.1 million.

Employment and Wages on the Rise

The positive trend extended to the labor market. The number of employees grew by 1,450 to a total of 23,169, representing an increase of 6.7 percent. Average monthly net salaries rose from €967 to €1,097, a jump of 13.4 percent. Altogether, net wages and salaries paid out amounted to nearly €305 million, which is 21 percent more than in 2023.

Strong Assets and Equity Growth

The total assets and liabilities of entrepreneurs surpassed €5 billion, an increase of 17.9 percent. Equity and reserves expanded by more than a quarter (26.3 percent), while long-term and short-term liabilities rose by 12.3 percent and 11.3 percent, respectively.

Export Strength and Surplus Trade Balance

Exports reached €402.9 million, up 15 percent compared with 2023, while imports rose by 16.4 percent to €102.4 million. This left the county with a robust trade surplus of €300.6 million. The number of exporters increased to 339, while importers rose to 541.

Investments Slowed

Despite the strong financial performance, entrepreneurs invested less in new long-term assets. Investments dropped by €60.7 million, or 11.1 percent, compared with the previous year. The number of investors slightly decreased to 473, while the number of companies that did not invest rose to 4,341.