Wages in Croatia
The Croatian economy recorded an average growth rate of 3.6% in wages over the decade to 2022, above the 2.2% average growth for the Euro Area. In 2022, wage growth in Croatia was 8.3%.
Croatia Wages Chart
Note: This chart displays Wages (ann. var. %) for Croatia from 2020 to 2023.
Source: Macrobond.
Croatia Wages Data
| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Wages (ann. var. %) | 4.8 | 6.7 | 4.0 | 8.3 | 13.9 |
How should you choose a forecaster if some are too optimistic while others are too pessimistic? FocusEconomics collects Croatian wages projections for the next ten years from a panel of 2 analysts at the leading national, regional and global forecast institutions. These projections are then validated by our in-house team of economists and data analysts and averaged to provide one Consensus Forecast you can rely on for each indicator. By averaging all forecasts, upside and downside forecasting errors tend to cancel each other out, leading to the most reliable wages forecast available for Croatian wages.
Download one of our sample reports to visualize what a Consensus Forecast is and see our Croatian wages projections.
Want to get access to the full dataset of Croatian wages forecasts? Send an email to info@focus-economics.com.