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Croatia has 3rd highest average gross wage in region

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HINA
30. srp. 2020. 13:35
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13:44
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The average gross wage in Croatia in 2019 was €1,182, according to the Vienna Institute for International Economic Studies, making it the third highest gross wage in the region, after Slovenia and the Czech Republic, analysts of the Raiffeisen Bank Austria (RBA) said on Thursday in their regular newsletter.

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The average gross wage in Slovenia was €1,754 and in the Czech Republic it was €1,329. These were followed by Croatia (€1,182), Poland (€1,144), Hungary (€1,131), Slovakia (€1,092), Romania (€1,038), Bulgaria (€652), and Serbia (€643).

Although Croatia is among the countries with an average gross salary above €1,000, growths in comparable countries differ significantly, RBA analysts said. In most of the countries observed, annual growth rates since 2008 were more pronounced, while in Croatia it remained relatively stable, slightly above €1,000.

Eurostat data shows that the minimum gross wage in Croatia in the first half of this year was €546. It was €575 in the Czech Republic, €580 in Slovakia, €611 in Poland and €941 in Slovenia. In other comparable countries it was lower - €487 in Hungary, €466 in Romania, €343 in Serbia and €312 in Bulgaria.

RBA analysts say the minimum gross wage in Croatia makes up 46 percent of the average gross wage. It is lower in Hungary and the Czech Republic (43 percent each) and Romania (45 percent), while being higher in Bulgaria (48 percent), Slovakia, Serbia and Poland (53 percent each) and Slovenia (54 percent).

In Croatia, the average gross wage in 2019 was 8,993 kuna (€1,199), nominally up 4.4 percent on the year.

(€1 = 7.50)

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