Average net earnings in Croatia rose 6.6 percent from a year earlier to 6,789 kuna in February of 2020, accelerating from a 6.2 percent increase in the previous month. It was the biggest gain in wages since November of 2017.

Wage Growth in Croatia averaged 68.85 percent from 1993 until 2020, reaching an all time high of 1893.30 percent in September of 1993 and a record low of -2.10 percent in June of 2016. This page provides - Croatia Wage Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news. Croatia Average Net Monthly Wages YoY - values, historical data and charts - was last updated on July of 2020. source: Croatian Bureau of Statistics

Wage Growth in Croatia is expected to be 2.90 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wage Growth in Croatia to stand at 2.90 in 12 months time. In the long-term, the Croatia Average Net Monthly Wages YoY is projected to trend around 2.50 percent in 2021, according to our econometric models.

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Croatia Average Net Monthly Wages YoY

Actual Previous Highest Lowest Dates Unit Frequency
6.60 6.20 1893.30 -2.10 1993 - 2020 percent Monthly

Croatia Labour Last Previous Highest Lowest Unit
Unemployment Rate 9.50 9.40 23.60 6.70 percent [+]
Employed Persons 1649.00 1675.00 1704.00 1344.00 Thousand [+]
Unemployed Persons 157839.00 159234.00 415352.00 112169.00 [+]
Long Term Unemployment Rate 2.30 2.10 11.40 1.90 percent [+]
Youth Unemployment Rate 16.40 16.40 49.80 16.20 percent [+]
Labour Costs 99.70 91.00 105.40 50.80 points [+]
Productivity 95.90 97.80 111.30 92.40 points [+]
Wages 6622.00 6713.00 6796.00 13.00 HRK/Month [+]
Wages in Manufacturing 6021.00 6138.00 6338.00 4443.00 HRK/Month [+]
Minimum Wages 546.07 505.90 546.07 372.35 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 6.60 6.20 1893.30 -2.10 percent [+]
Labor Force Participation Rate 50.40 51.30 54.10 48.50 percent [+]
Part Time Employment 70.40 81.70 127.20 69.40 Thousand [+]
Employment Change 1.00 0.90 2.70 -4.30 percent [+]
Employment Rate 61.40 62.20 63.00 50.70 percent [+]
Full Time Employment 1577.00 1591.80 1662.00 1370.50 Thousand [+]