Labour Costs in Croatia increased to 91 points in the fourth quarter of 2019 from 84.30 points in the third quarter of 2019.

Labour Costs in Croatia averaged 89.73 points from 2000 until 2019, reaching an all time high of 104.20 points in the first quarter of 2011 and a record low of 70.50 points in the third quarter of 2001. 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 June of 2020.

Labour Costs in Croatia is expected to be 100.12 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 93.64 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
91.00 84.30 104.20 70.50 2000 - 2019 points Quarterly
NSA, 2010=100

Croatia Labour Last Previous Highest Lowest Unit
Unemployment Rate 9.40 8.60 23.60 6.70 percent [+]
Employed Persons 1675.00 1704.00 1704.00 1344.00 Thousand [+]
Unemployed Persons 159234.00 143461.00 415352.00 112169.00 [+]
Long Term Unemployment Rate 2.30 2.10 11.40 1.90 percent [+]
Youth Unemployment Rate 16.20 16.20 49.80 15.80 percent [+]
Labour Costs 91.00 84.30 104.20 70.50 points [+]
Productivity 97.80 99.80 111.30 92.40 points [+]
Wages 6713.00 6789.00 6796.00 13.00 HRK/Month [+]
Wages in Manufacturing 6138.00 6338.00 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 [+]
Wages Low Skilled 3740.00 4250.00 4340.00 3740.00 HRK/Month [+]
Wages High Skilled 7340.00 8530.00 8730.00 7340.00 HRK/Month [+]
Labor Force Participation Rate 51.30 51.40 54.10 48.50 percent [+]
Living Wage Family 10500.00 9890.00 10500.00 9200.00 HRK/Month [+]
Living Wage Individual 7020.00 6510.00 7020.00 5880.00 HRK/Month [+]
Part Time Employment 70.40 81.70 127.20 69.40 Thousand [+]
Employment Change 0.70 0.50 2.80 -4.40 percent [+]
Employment Rate 62.20 63.00 63.00 50.70 percent [+]
Full Time Employment 1577.00 1591.80 1662.00 1370.50 Thousand [+]