Labour Costs in Croatia decreased to 96.50 points in the third quarter of 2020 from 111.50 points in the second quarter of 2020. source: EUROSTAT

Labour Costs in Croatia averaged 84.57 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 February of 2021.

Labour Costs in Croatia is expected to be 87.40 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 89.58 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
96.50 111.50 111.50 50.80 1995 - 2020 points Quarterly
NSA, 2010=100

Croatia Labour Last Previous Highest Lowest Unit
Unemployment Rate 9.80 9.50 23.60 6.70 percent [+]
Employed Persons 1678.00 1668.00 1704.00 1344.00 Thousand [+]
Unemployed Persons 165345.00 159845.00 415352.00 112169.00 [+]
Long Term Unemployment Rate 2.00 1.60 11.40 1.60 percent [+]
Youth Unemployment Rate 21.60 21.60 49.80 16.20 percent [+]
Labour Costs 96.50 111.50 111.50 50.80 points [+]
Productivity 100.10 99.60 111.30 92.40 points [+]
Wages 6999.00 6863.00 6999.00 13.00 HRK/Month [+]
Wages in Manufacturing 6391.00 6465.00 6465.00 4443.00 HRK/Month [+]
Minimum Wages 562.77 546.07 562.77 372.35 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 5.00 4.00 1893.30 -1.50 percent [+]
Labor Force Participation Rate 51.70 50.80 54.10 48.50 percent [+]
Part Time Employment 71.90 69.60 127.20 69.40 Thousand [+]
Employment Change -0.30 -1.30 3.30 -5.20 percent [+]
Employment Rate 63.00 62.20 63.00 50.70 percent [+]
Full Time Employment 1581.00 1566.80 1662.00 1370.50 Thousand [+]