Unemployment in Croatia

Croatia Unemployment | Economic News & Forecasts

Croatia - Unemployment

Recently-released national accounts data showed that the economy lost steam in the final quarter of 2018, as annual growth moderated to a one-year low, following a solid third-quarter outturn which was underpinned by upbeat domestic demand. A weak external sector dragged on overall activity as exports barely grew, which were primarily supported by the booming tourism industry, while imports spiked. Similar to Q3, the fourth-quarter expansion was propped up by healthy demand at home: Private consumption strengthened notably amid lower inflation and improved consumer confidence, while fixed investment growth jumped to a near two-year high. Going forward, the unemployment rate climbed for the fourth month in a row in January while consumer confidence deteriorated yet again in February—both hinting at the persistence of soft dynamics at the start of the year.

Croatia - Unemployment Data

2013  2014  2015  2016  2017  
Unemployment Rate21.5  19.4  17.6  14.7  12.2  

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Croatia Unemployment Chart

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

Croatia Facts

Bond Yield1.980.0 %Mar 11
Exchange Rate6.59-0.54 %Mar 11
Stock Market1,764-0.48 %Mar 11

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