Croatia's unemployment rate fell to 7.5 percent in May of 2019 from 9.2 percent in the same month a year ago, a level not seen since at least December 1996. The number of unemployed persons decreased by 25 thousand to 116 thousand. In April, the jobless rate was higher at 8.6 percent. Unemployment Rate in Croatia averaged 17.23 percent from 1996 until 2019, reaching an all time high of 23.60 percent in January of 2002 and a record low of 7.50 percent in May of 2019.

Unemployment Rate in Croatia is expected to be 7.10 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Croatia to stand at 8.50 in 12 months time. In the long-term, the Croatia Unemployment Rate is projected to trend around 6.50 percent in 2020, according to our econometric models.

Croatia Unemployment Rate
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Calendar GMT Actual Previous Consensus TEForecast
2019-03-27 10:00 AM Unemployment Rate 10.2% 10.3% 9.9%
2019-04-26 09:10 AM Unemployment Rate 9.5% 10.2% 10.3%
2019-05-27 09:00 AM Unemployment Rate 8.6% 9.5% 8.4%
2019-06-27 09:00 AM Unemployment Rate 7.5% 8.6% 7.3%
2019-07-19 09:00 AM Unemployment Rate 7.5% 7.1%
2019-08-19 09:00 AM Unemployment Rate 7%
2019-09-20 09:00 AM Unemployment Rate 6.9%


Croatia Labour Last Previous Highest Lowest Unit
Unemployment Rate 7.50 8.60 23.60 7.50 percent [+]
Employed Persons 1661.14 1644.00 1689.00 1344.00 Thousand [+]
Unemployed Persons 116466.00 131090.00 415352.00 116466.00 [+]
Long Term Unemployment Rate 3.20 3.20 11.40 3.10 percent [+]
Youth Unemployment Rate 20.90 20.90 49.80 20.90 percent [+]
Labour Costs 89.20 82.30 104.20 70.50 Index Points [+]
Productivity 104.80 104.60 111.30 92.40 Index Points [+]
Wages 6434.00 6464.00 6464.00 13.00 HRK/Month [+]
Wages in Manufacturing 5884.00 5913.00 5968.00 4443.00 HRK/Month [+]
Minimum Wages 505.90 465.72 505.90 372.35 EUR/Month [+]
Population 4.11 4.15 4.78 4.11 Million [+]
Retirement Age Women 62.00 61.75 62.00 60.00 [+]
Retirement Age Men 65.00 65.00 65.00 65.00 [+]
Part Time Employment 85.20 93.80 127.20 69.40 Thousand [+]
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 [+]
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 [+]
Wage Growth 3.90 3.40 1893.30 -2.10 percent [+]
Labor Force Participation Rate 51.00 51.00 54.10 48.50 percent [+]
Full Time Employment 1548.50 1527.70 1662.00 1370.50 Thousand [+]
Employment Change -0.20 0.10 3.20 -5.20 percent [+]
Employment Rate 61.20 60.60 62.20 50.70 percent [+]


Croatia Unemployment Rate

In Croatia, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides - Croatia Unemployment Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Croatia Unemployment Rate - actual data, historical chart and calendar of releases - was last updated on July of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
7.50 8.60 23.60 7.50 1996 - 2019 percent Monthly
NSA




Country Last Previous
South Africa 27.60 Mar/19
Spain 14.70 Mar/19
Turkey 13.00 Apr/19
Brazil 12.30 May/19
Argentina 10.10 Mar/19
Italy 9.90 May/19
France 8.70 Mar/19
Euro Area 7.50 May/19
India 6.00 Dec/18
Saudi Arabia 5.70 Mar/19
Canada 5.50 Jun/19
Australia 5.20 Jun/19
Indonesia 5.01 Mar/19
Russia 4.40 Jun/19
South Korea 4.00 Jun/19
United Kingdom 3.80 May/19
United States 3.70 Jun/19
China 3.67 Mar/19
Mexico 3.50 May/19
Netherlands 3.30 May/19
Germany 3.10 May/19
Japan 2.40 May/19
Singapore 2.20 Mar/19
Switzerland 2.10 Jun/19


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