Labor cost index in Croatia, Q1 2009 - Q1 2021
For that indicator, we provide data for Croatia from Q1 2009 to Q1 2021. The average value for Croatia during that period was 107.21 index points with a minimum of 97.8 index points in Q4 2010 and a maximum of 115.9 index points in Q4 2019.
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Measure: index points
Definition: The index reflects the level of the total compensation of employees in the economy. Labor costs are defined as core expenditure borne by employers for the purpose of employing staff. They include employee compensation, with wages and salaries in cash and in kind, employers' social security contributions and employment taxes regarded as labor costs minus any subsidies received.