Labour Costs in Croatia increased to 111.50 points in the second quarter of 2020 from 99.70 points in the first quarter of 2020.

Labour Costs in Croatia averaged 84.45 points from 1995 until 2020, reaching an all time high of 111.50 points in the second quarter of 2020 and a record low of 50.80 points in the third quarter of 1995. This page provides - Croatia Labour Costs - actual values, historical data, forecast, chart, statistics, economic calendar and news. Croatia Labour Costs - values, historical data and charts - was last updated on October of 2020.

Labour Costs in Croatia is expected to be 86.74 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labour Costs in Croatia to stand at 102.59 in 12 months time. In the long-term, the Croatia Labour Costs is projected to trend around 95.98 points in 2021 and 98.38 points in 2022, according to our econometric models.

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Croatia Labour Costs

Actual Previous Highest Lowest Dates Unit Frequency
111.50 99.70 111.50 50.80 1995 - 2020 points Quarterly
NSA, 2010=100

Croatia Labour Last Previous Highest Lowest Unit
Unemployment Rate 8.80 9.00 23.60 6.70 percent [+]
Employed Persons 1668.00 1649.00 1704.00 1344.00 Thousand [+]
Unemployed Persons 147434.00 151368.00 415352.00 112169.00 [+]
Long Term Unemployment Rate 1.60 2.00 11.40 1.60 percent [+]
Youth Unemployment Rate 23.60 23.60 49.80 16.20 percent [+]
Labour Costs 111.50 99.70 111.50 50.80 points [+]
Productivity 99.00 98.30 111.30 92.40 points [+]
Wages 6723.00 6622.00 6796.00 13.00 HRK/Month [+]
Wages in Manufacturing 6138.00 6021.00 6338.00 4443.00 HRK/Month [+]
Minimum Wages 536.60 546.07 546.07 372.35 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 2.80 2.90 1893.30 -2.10 percent [+]
Labor Force Participation Rate 50.80 51.30 54.10 48.50 percent [+]
Part Time Employment 69.60 77.30 127.20 69.40 Thousand [+]
Employment Change -2.00 0.30 2.70 -4.30 percent [+]
Employment Rate 62.20 61.40 63.00 50.70 percent [+]
Full Time Employment 1566.80 1543.70 1662.00 1370.50 Thousand [+]