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Economic and social indicators in the Republic of Croatia
August 2009
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GDP in 2008:
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47,4 bln EUR
(342,2 bln kn)
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GDP per capita in 2008:
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10.650,00 €
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Real GDP growth in 2008:
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2.4 %
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Real growth rates, (first estimation 2009 IV - VI), relation to the same quarter last year
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-6.3 %
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Foreign debt at the end of April 2009:
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39,8 bln EUR
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Citizen indebtedness at the end of May 2009:
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17.09 bln EUR (124,78 bln kn)
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Source: Central Bureau of Statistics, Croatian Chamber of Economy,
Croatian National Bank, Ministry of Finance
Prices
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Consumer price indices in July 2009:
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1.2 %
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Monthly change of prices:
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-0.7 %
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Average annual inflation rate in 2008:
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6.1 %
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Source: Central Bureau of Statistics
Wages
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Average gross wage in Croatia in June:
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1.062 EUR
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Average net wage in Croatia in June:
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730 EUR
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Average gross wage per hour in May:
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6.11 EUR
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Average net wage per hour in May:
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4.23 EUR
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Average gross wage growth in 2008/2007:
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7.1 %
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Average net wage growth in 2008/2007:
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7.0 %
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Minimum gross wage since 1 June 2009:
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382 EUR
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Productivity in 2008:
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3.6 %
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Source: Central Bureau of Statistics
Unemployment
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Number of the unemployed in Croatia – July 2009
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Total:
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248.586
(women: 146.092)
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Registered unemployment rate in July:
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14.0 %
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Unemployment rate – ILO methodology for the first trimester 2009:
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9.4%
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Source: Croatian Employment Service and Central Bureau of Statistics
Unemployment benefit
The maximum amount of unemployment benefit for the first 90 days cannot be higher than the amount of the minimum wage, reduced by contributions for obligatory insurance determined by special regulation, and for the remaining time cannot be higher than 80% of the amount of the minimum wage, reduced by contributions for obligatory insurance determined by special regulation.
The highest amount of the benefit after 12 months cannot be higher than 60% of the amount of the minimum wage, reduced by contributions for obligatory insurance determined by special regulation.
Source: The Law on amendments to the Law on Mediation in Employment and Entitlements During Unemployment (Official Gazette - Narodne novine - No. 94/09)
Cost of living indices in Croatia
Tradeunionbasket forAugustfor a workers` family of four members: 859 EUR
Average net wage covers 85.02 percent of the cost of living.
Source: UATUC
Average pension in Croatia paid in June 2009: 292 EUR
Share of average pension in the average net wage: 40.00 percent
In June, there were 1.598.093 registered insured persons in the Croatian Pension Insurance Institute and 1.162.531 registered pension users.
Number of pension users and insured persons ratio 1 : 1,38
Estimation of the necessary means for the payment of pensions and pension incomes 390.519.727 EUR.
Source: Croatian Pension Insurance Institute (HZMO)
Poverty rate in Croatia: 11.0 percent
Poverty line: 3012 EUR annually (251 monthly)
Source: World Bank
Poverty rate in Croatia in 2007: 19.0 percent
Poverty line: 3.171 EUR annually (264 EUR monthly)
Source: Central Bureau of Statistics
Basis for the calculation of contributions for obligatory insurances for 2009: 355 EUR
Basis for the calculation of compensations and other income (budgetary base): 452 EUR
Source: Decree on the Amount of Basis for the Calculation of Contributions for Obligatory Insurances for 2009, Act on Execution of the State Budget of the Republic of Croatia for the year 2009
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