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Employment Growth of Fifteen Percent in the Croatian IT Sector

Employment Growth of Fifteen Percent in the Croatian IT Sector
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November 22, 2022 - In addition to data on last month's September salary payments, the Croatian Bureau of Statistics also published the latest data on employment. The Croatian IT sector has shown a significant increase in employment.

As Poslovni writes, the average net salary paid for September to employees of legal entities in the Republic of Croatia amounted to HRK 7,623. Compared to the previous month, it is nominally 0.7% less, and if inflation is considered, the real drop is a slightly more significant 2.2%. On the annual level, September wages are on average nominally 7.2% higher than in the same month last year, but the purchasing power is 5% weaker. Half of the total of 1.4 million employees in legal entities have a salary of less than HRK 6,500, while 10% of those with the lowest salaries, i.e. around 140,000 people, in the net earn less than HRK 4,211. In terms of the average net salary in September, the activity of air transport was also in the lead (HRK 12,580). The lowest salaries were paid in protective and investigative activities - less than HRK 5,000.

In addition to data on last month's September salary payments, the Croatian Bureau of Statistics also published the latest data on employment. Although total employment (which, in addition to legal entities, also includes craftsmen, freelancers and insured farmers) in October recorded a normal seasonal slight monthly decline (by about 900, to 1.62 million), the number of employees in legal entities increased by more than 8,400 or 0.6%, which means that the annual growth of employment for them reached 1.3%.

The IT sector stands out with double-digit annual employment growth. The Information and Communication activity registered a growth of 14.6%, to more than 55,600 employees. There are almost 10% more employees in tourism and hospitality companies today than a year ago, and an above-average increase of more than 6% was also recorded in real estate and administrative and other service activities.

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