Croatia Average Monthly Wages - Forecast

Wages in Croatia is expected to be 6200.00 HRK/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in Croatia to stand at 6320.00 in 12 months time. In the long-term, the Croatia Average Monthly Wages is projected to trend around 6600.00 HRK/Month in 2020, according to our econometric models.


Croatia Average Monthly Wages
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Croatia Labour Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Unemployment Rate 11.5 11.3 11.4 11.5 11 8.7
Employed Persons 1639 1630 1630 1604 1596 1566
Unemployed Persons 177973 171789 174732 182504 181247 178913
Long Term Unemployment Rate 3.6 4.5 4.5 4.5 4.5 4.5
Youth Unemployment Rate 23.3 24.99 25.87 26.69 27.09 26.29
Labour Costs 87.1 86.82 86.15 86.66 86.27 86.45
Productivity 101 103 103 103 103 103
Wages 6128 6200 6150 6170 6320 6600
Wages in Manufacturing 5513 5800 5700 5650 6000 6500
Minimum Wages 462 462 475 475 500 550
Population 4.15 4.13 4.15 4.13 4.15 4.09
Retirement Age Women 62 62 62 62 62.25 62.5
Retirement Age Men 65 65 65 65 65 65
Part Time Employment 83.8 78.25 78.25 78.25 78.25 78.25
Labor Force Participation Rate 52 52 52.01 52 52.01 52.01
Full Time Employment 1530 1556 1556 1556 1556 1556
Employment Change 0.7 1.19 1.2 1.2 1.2 1.2
Employment Rate 59.6 60.1 60.1 60.1 60.1 60.1