Labor Force Participation Rate in Croatia decreased to 50.40 percent in the first quarter of 2020 from 51.30 percent in the fourth quarter of 2019.
Labor Force Participation Rate in Croatia averaged 51.69 percent from 2002 until 2020, reaching an all time high of 54.10 percent in the third quarter of 2008 and a record low of 48.50 percent in the second quarter of 2006. This page provides - Croatia Labor Force Participation Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. Croatia Activity Rate - values, historical data and charts - was last updated on July of 2020.
Labor Force Participation Rate in Croatia is expected to be 51.22 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labor Force Participation Rate in Croatia to stand at 51.27 in 12 months time. In the long-term, the Croatia Activity Rate is projected to trend around 51.24 percent in 2021, according to our econometric models.