Long Term Unemployment Rate in Croatia increased to 2.30 percent in the fourth quarter of 2019 from 2.10 percent in the third quarter of 2019.

Long Term Unemployment Rate in Croatia averaged 7.21 percent from 2002 until 2019, reaching an all time high of 11.40 percent in the fourth quarter of 2012 and a record low of 1.90 percent in the second quarter of 2019. This page provides - Croatia Long Term Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Croatia Long Term Unemployment Rate - values, historical data and charts - was last updated on August of 2020.

Long Term Unemployment Rate in Croatia is expected to be 2.30 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Long Term Unemployment Rate in Croatia to stand at 1.30 in 12 months time. In the long-term, the Croatia Long Term Unemployment Rate is projected to trend around 1.30 percent in 2021 and -0.70 percent in 2022, according to our econometric models.

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Croatia Long Term Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
2.30 2.10 11.40 1.90 2002 - 2019 percent Quarterly

Croatia Labour Last Previous Highest Lowest Unit
Unemployment Rate 9.10 9.50 23.60 6.70 percent [+]
Employed Persons 1649.00 1675.00 1704.00 1344.00 Thousand [+]
Unemployed Persons 150651.00 157839.00 415352.00 112169.00 [+]
Long Term Unemployment Rate 2.30 2.10 11.40 1.90 percent [+]
Youth Unemployment Rate 23.70 23.70 49.80 16.20 percent [+]
Labour Costs 99.70 91.00 105.40 50.80 points [+]
Productivity 97.20 95.90 111.30 92.40 points [+]
Wages 6655.00 6622.00 6796.00 13.00 HRK/Month [+]
Wages in Manufacturing 6176.00 6021.00 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 2.90 3.90 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 61.40 62.20 63.00 50.70 percent [+]
Full Time Employment 1577.00 1591.80 1662.00 1370.50 Thousand [+]


Croatia Long Term Unemployment Rate
In Croatia, the long term unemployment rate refers to the share of unemployed persons since 12 months or more in the total number of active persons (those who are either employed or unemployed) in the labour market.