Croatia Productivity  Forecast


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Productivity in Croatia is expected to be 101.85 Index Points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Productivity in Croatia to stand at 102.05 in 12 months time. In the long-term, the Croatia Productivity is projected to trend around 102.07 Index Points in 2020, according to our econometric models.


Croatia Labour Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Unemployment Rate 11.6 10.2 10 9.8 9.6 8.7
Employed Persons 1633 1579 1576 1606 1592 1558
Unemployed Persons 168934 168117 175293 181885 186788 223617
Long Term Unemployment Rate 5.1 6.13 5.97 6.22 6.53 7.42
Youth Unemployment Rate 25 24.38 24.17 24.31 24.73 32.42
Labour Costs 96.8 87.4 94.89 95.72 88.19 88.27
Productivity 102 102 102 102 102 102
Wages 6018 5990 5989 5988 5986 5971
Wages in Manufacturing 5447 5438 5419 5405 5391 5282
Minimum Wages 433 414 436 438 436 423
Population 4.15 4.15 4.13 4.13 4.15 4.09
Retirement Age Women 61.9 62 62 62 62 63
Retirement Age Men 65 65 65 65 65 65
Labor Force Participation Rate 51.7 51.54 51.55 51.68 51.62 51.54
Full Time Employment 1542 1470 1463 1471 1473 1462
Employment Change -0.8 -0.05 -0.38 -0.16 -0.01 -0.03
Employment Rate 59.2 57.12 57.01 58.89 58.36 56.59
Part Time Employment 70.8 80.3 82.06 87.53 87.26 92.55