Croatia Gross Minimum Monthly Wage  Forecast


Minimum Wages in Croatia is expected to be 434.48 EUR/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Minimum Wages in Croatia to stand at 441.66 in 12 months time. In the long-term, the Croatia Gross Minimum Monthly Wage is projected to trend around 423.00 EUR/Month in 2020, according to our econometric models.


Croatia Gross Minimum Monthly Wage
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Croatia Labour Last Q3/17 Q4/17 Q1/18 Q2/18 2020
Unemployment Rate 10.9 10.9 10.2 10 9.8 8.7
Employed Persons 1633 1598 1564 1558 1584 1570
Unemployed Persons 171351 189771 221227 210878 192855 203523
Long Term Unemployment Rate 5.9 5.02 5.42 5.06 4.72 4.74
Youth Unemployment Rate 26.4 24.31 22.57 21.13 19.92 14.86
Productivity 101 101 101 101 101 101
Labour Costs 96.8 86.43 87.4 94.89 95.72 88.27
Job Vacancies 8676 11050 11050 11050 11050 11050
Wages 5905 6000 6002 6003 6003 6003
Wages in Manufacturing 5517 5429 5440 5438 5442 5444
Minimum Wages 433 434 414 438 442 423
Population 4.15 4.15 4.15 4.13 4.13 4.09
Retirement Age Women 61.9 61.9 61.9 62.08 62.15 62.54
Retirement Age Men 65 65 65 65 65 65
Employment Change -0.8 0.34 -0.23 -0.02 0.12 0.03
Employment Rate 55.9 58.35 56.95 56.54 57.85 57.28
Full Time Employment 1459 1502 1482 1470 1488 1483
Labor Force Participation Rate 51.7 50.81 50.76 50.59 50.67 50.66
Part Time Employment 69.4 81.28 73.75 74.56 79.4 76.58