Labour Costs in Croatia increased to 103.40 points in the fourth quarter of 2020 from 96.50 points in the third quarter of 2020. source: EUROSTAT

Labour Costs in Croatia averaged 84.75 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 May 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 89.58 in 12 months time. In the long-term, the Croatia Labour Costs is projected to trend around 89.58 points in 2022 and 98.38 points in 2023, according to our econometric models.

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Croatia Labour Costs

Actual Previous Highest Lowest Dates Unit Frequency
103.40 96.50 111.50 50.80 1995 - 2020 points Quarterly
NSA, 2010=100

Croatia Labour Last Previous Highest Lowest Unit
Unemployment Rate 9.30 9.70 23.60 6.70 percent [+]
Employed Persons 1634.00 1678.00 1704.00 1344.00 Thousand [+]
Unemployed Persons 155588.00 162386.00 415352.00 112169.00 [+]
Long Term Unemployment Rate 2.00 1.60 11.40 1.60 percent [+]
Youth Unemployment Rate 20.50 20.50 49.80 16.20 percent [+]
Labour Costs 103.40 96.50 111.50 50.80 points [+]
Productivity 106.30 102.10 111.30 92.40 points [+]
Wages 7038.00 6979.00 7038.00 13.00 HRK/Month [+]
Wages in Manufacturing 6647.00 6301.00 6647.00 4443.00 HRK/Month [+]
Minimum Wages 562.77 546.07 562.77 372.35 EUR/Month [+]
Population 4.06 4.08 4.78 4.06 Million [+]
Retirement Age Women 62.75 62.50 62.75 60.00 [+]
Retirement Age Men 65.00 65.00 65.00 65.00 [+]
Wage Growth 2.70 6.70 1893.30 -1.50 percent [+]
Labor Force Participation Rate 51.30 51.70 54.10 48.50 percent [+]
Part Time Employment 77.00 71.90 127.20 69.40 Thousand [+]
Employment Change -0.50 -0.40 3.30 -5.20 percent [+]
Employment Rate 61.50 63.00 63.00 50.70 percent [+]
Full Time Employment 1531.90 1581.00 1662.00 1370.50 Thousand [+]