Unemployment in Croatia

Croatia Unemployment | Economic News & Forecasts

Croatia - Unemployment

The economy lost steam in Q4 2018 on the back of waning external demand from EU trading partners and despite the strengthening domestic sector. Turning to Q1 2019, available data points to an uptick in economic activity: Industrial production rebounded strongly in January and business confidence was upbeat in the first two months of the year, which bodes well for private sector activity. On the demand side, while retail sales accelerated in January, the unemployment rate rose again in the same month and consumer confidence worsened in January-February. Meanwhile, S&P upgraded Croatia’s credit rating from BB+ to BBB- in late March, citing the country’s improving fiscal metrics as the main reason behind the upgrade. The ratings agency stressed the role of tourism-related inflows, solid domestic demand and fiscal consolidation measures in driving the improved fiscal performance.

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 Yield1.860.0 %Apr 18
Exchange Rate6.61-0.54 %Apr 22
Stock Market1,819-0.48 %Apr 18

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