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.

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Croatia Activity Rate

Actual Previous Highest Lowest Dates Unit Frequency
50.40 51.30 54.10 48.50 2002 - 2020 percent Quarterly
NSA

Croatia Labour Last Previous Highest Lowest Unit
Unemployment Rate 9.50 9.40 23.60 6.70 percent [+]
Employed Persons 1649.00 1675.00 1704.00 1344.00 Thousand [+]
Unemployed Persons 157839.00 159234.00 415352.00 112169.00 [+]
Long Term Unemployment Rate 2.30 2.10 11.40 1.90 percent [+]
Youth Unemployment Rate 16.40 16.40 49.80 16.20 percent [+]
Labour Costs 99.70 91.00 105.40 50.80 points [+]
Productivity 95.90 97.80 111.30 92.40 points [+]
Wages 6622.00 6713.00 6796.00 13.00 HRK/Month [+]
Wages in Manufacturing 6021.00 6138.00 6338.00 4443.00 HRK/Month [+]
Minimum Wages 546.07 505.90 546.07 372.35 EUR/Month [+]
Population 4.08 4.11 4.78 4.08 Million [+]
Retirement Age Women 62.00 61.75 62.00 60.00 [+]
Retirement Age Men 65.00 65.00 65.00 65.00 [+]
Wage Growth 6.60 6.20 1893.30 -2.10 percent [+]
Labor Force Participation Rate 50.40 51.30 54.10 48.50 percent [+]
Part Time Employment 70.40 81.70 127.20 69.40 Thousand [+]
Employment Change 1.00 0.90 2.70 -4.30 percent [+]
Employment Rate 62.20 63.00 63.00 50.70 percent [+]
Full Time Employment 1577.00 1591.80 1662.00 1370.50 Thousand [+]