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Croatia
- Recruitment landscape
- Economic indicators
- Labor market
- Working life
Your global agency guide to...
Croatia
Croatia, with a GDP of $82.7 billion, holds the 76th position globally. The nation's prominent industries include chemicals and plastics, shipbuilding, and tourism. Despite a stable working population, Croatia's 6.1% unemployment rate suggests potential labor market challenges. Recruitment agencies are present, supported by balanced gender participation and generous parental leave policies.
Croatia'S
AGENCY LANDSCAPE
500
Agencies operating in Croatia
A high number of agencies indicates a mature recruitment industry, marked by strong talent demand, established labor laws and economic stability.
14-18%
Typical fee range
Countries with higher fees imply finding talent is harder to find whilst lower fees indicate a high-volume, commoditized market.
Croatia'S
FEATURED AGENCIES
Adecco Group
Manpower Group
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Croatia'S
GROSS DOMESTIC PRODUCT (GDP) RATING
76
WORLD RANKED
Croatia ranks 76th in the world by current economic output
$83B
NOMINAL GDP (US$)
GDP reflects the overall size and economic strength of the country’s economy.
44
EMEA RANKED
Croatia is the 44th biggest GDP in EMEA out of 109 countries in the region
GDP GROWTH (%)
The above chart compares how Croatia's GDP has grown, compared to the rest of the world and the EMEA region in the last 7 years.
Positive growth indicates an expanding economy, while negative growth or recession signifies economic contraction. Strong growth can encourage hiring, but slower growth might lead to freezes or layoffs, influencing talent sourcing as businesses adapt to changing market conditions and demands.
Croatia'S
CURRENCY AND CODE
kn
Country currency
HRV
Country ISO code
Croatia'S
INFLATION RATE
3.7%
CURRENT RATE
▼4.7% REDUCTION
Inflation represents the rate at which prices rise and purchasing power diminishes. High inflation may prompt employees to seek higher wages, potentially impacting company profitability. This situation could lead to budget constraints or hiring freezes, which might influence talent availability and sourcing strategies.
Croatia'S
COST OF LIVING
COST OF LIVING INDEX EXPLAINED
The cost of living has a direct impact on salary expectations and the competitiveness of compensation packages. It can influence the appeal of certain locations-while high-cost areas may attract highly skilled professionals looking for higher salaries, lower-cost areas can appeal to companies looking to minimize salary expenses or candidates seeking a better work-life balance.
Croatia'S
LABOUR STATISTICS
3.9M
POPULATION
With a population of 3,871,833, Croatia is a small sized country by global standards. Croatia's youth population is just below the world average, indicating it may face challenges in labor market sustainability over time. The working population in Croatia is close to the world average, suggesting a stable labor market that can adequately meet the economy's demands. Croatia's elderly population is just above the world average, suggesting a growing dependency ratio, which may strain the labor market.
Croatia'S
RELIGION AND ETHNICITY
Religion
In religiously diverse countries, a broad sourcing and engagement approach whilst appealing to inclusive practices resonates with this candidate market. In contrast, in a homogeneous religious environment, understanding dominant cultural norms is often more important when engaging with talent.
Ethnicity
In ethnically diverse countries, there may be a greater variety of candidates with different cultural backgrounds and experiences. Employers may need to focus more on inclusive hiring practices to ensure they attract talent from across different ethnic groups.
Croatia'S
UNEMPLOYMENT RATE
6.1%
CURRENT PERCENTAGE
▼0.9% REDUCTION
Croatia has an unhealthy unemployment rate, suggesting there may be some economic or structural challenges . Between 2022 and 2023, there was a moderate decrease, suggesting a positive shift toward better economic stability and improvement in job availability
Croatia'S
TOP PERFORMING INDUSTRIES
Top industries
Tourism
Petroleum and petroleum refining
Food and beverages
Croatia'S
GENDER DEMOGRAPHICS
RATIO OF MALES TO FEMALES (BY AGE)
LABOUR PARTICIPATION BY GENDER (%)
58
/
48
Male | Female
In Croatia there is a low gap in participation rates between males and females, indicating a relatively balanced workforce particpation often reflective of strong gender equality policies or cultural norms supportive of equal gender parity.
Croatia'S
WORKING LIFE
14DAYS
Minimum annual holidays
Minimum annual holidays reflect mandated leave. Hiring in countries with high allowances (over 25 days) will require emphasizing work-life balance when recruiting. In countries with fewer holidays (under 15 days), offering additional leave can enhance recruitment and set the organization apart.
40HRS
Average working full time week
Standard work hours are 8 hours/day, 40 hours/week, typically Monday to Friday. Overtime pay is required for hours worked beyond this standard.
Croatia'S
TOP BENEFITS
98DAYS
Maternity leave
Croatia: 98d maternity leave at 100% pay, no paternity leave, up to 30m parental leave with pay varying from 100% to 70%. HZZO funds leave payments.
42DAYS
Sick leave
Employees get paid sick leave for the first 42 days at a minimum of 70% of their salary by the employer. After that, the Croatian Health Insurance Fund reimburses employers for income replacement benefits.
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