Long Term Unemployment Rate in Croatia increased to 2 percent in the third quarter of 2020 from 1.60 percent in the second quarter of 2020. source: EUROSTAT

Long Term Unemployment Rate in Croatia averaged 7 percent from 2002 until 2020, reaching an all time high of 11.40 percent in the fourth quarter of 2012 and a record low of 1.60 percent in the second quarter of 2020. 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 March of 2021.

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 2022 and -0.70 percent in 2023, according to our econometric models.

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Croatia Long Term Unemployment Rate

Actual Previous Highest Lowest Dates Unit Frequency
2.00 1.60 11.40 1.60 2002 - 2020 percent Quarterly

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 103.40 96.50 111.50 50.80 points [+]
Productivity 99.90 100.10 111.30 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 [+]


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.