Unemployment in Croatia

Croatia Unemployment | Economic News & Forecasts

Croatia - Unemployment

Following the historic GDP plunge in Q2, recent data points to a recovery in activity in Q3. The decline in industrial production continued to ease in September, recording the softest contraction in almost a year, while the unemployment rate continued to fall steadily from its over one-year high logged in May. Moreover, retail sales dropped at a markedly softer pace in Q3 than in the previous quarter, while economic sentiment showed signs of improvement overall. However, it deteriorated slightly in October amid increased pessimism in the industrial and retail trade sectors. This, together with soaring Covid-19 infections in the same month—which prompted the government to introduce tighter restrictions—could weigh on the crucial tourism industry and hinder the overall recovery in Q4.

Croatia - Unemployment Data

2015   2016   2017   2018   2019  
Unemployment Rate17.6  14.7  12.2  9.6  7.9  

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Croatia Unemployment Chart

Croatia Unemployment
Note: Unemployment in % of active population.
Source: Central Bureau of Statistics.

Croatia Facts

Value Change Date
Bond Yield0.670.0 %Dec 31
Exchange Rate6.64-0.54 %Jan 01

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