Monday, 10 January 2022

Last Year Sees 26,500 More Insured Persons in Pension Fund than in 2019

ZAGREB, 10 Jan 2022 - The Croatian Pension Insurance Institute (HZMO) reported on Monday that there were 1,571,672 insured persons in 2021, which is 2.3% more than in 2020 and 1.7% more than in 2019.

According to HZMO figures, at the end of December 2021, there were 35,372 or 2.3% more insured persons compared to 31 December 2020 and 26,480 or 1.7% more insured persons than in the pre-pandemic 2019.

The number of insured persons is an indicator of employment.

According to the HZMO, the number of insured persons at the end of 2021 was the largest in the manufacturing industry (245,400) and the wholesale and retail sector (240,012).

In retail, there were 3,507 more insured persons compared to the end of 2020 but 684 fewer insured persons compared to December 2019. In manufacturing, at the end of 2021, there were 4,374 more employees than in 2020 and 1,012 more than at the end of 2019.

The biggest increase in the number of insured persons is visible in professional, scientific, and technical activities, with 5,595 more insured persons compared to 2020, followed by insured persons in manufacturing and in the provision of accommodation and food preparation, which saw 4,321 more insured persons.

At the end of 2021, there were 98,591 insured persons in professional, scientific, and technical activities, 5,452 more insured persons than at the end of 2019. Currently, there are 88,152 insured persons working in hospitality and tourism, which is a decrease of 5,475 persons compared to 2019, the HZMO reported.

To read more about lifestyle in Croatia, follow TCN's dedicated page.

Wednesday, 24 November 2021

1.58 Million Officially Employed Croatian Residents at End of October 2021

November the 24th, 2021 - The end of October this year saw 1.58 million officially employed Croatian residents as the domestic economy continues to grow steadily as we emerge delicately from the global pandemic.

The rocky situation with the global economy has made sure that no country could easily escape the dire economic consequences that this truly unprecedented situation has caused, and countries like Croatia, which relies very heavily on tourism, took a very heavy blow indeed. It seems however, that things are on the up.

As Poslovni Dnevnik writes, at the end of October this year, there were 1.58 million officially employed Croatian residents, which is 0.2 percent more than in September and two percent more than in October last year, while the registered unemployment rate in October stood at 7.2 percent, which is an increase by 0.2 percentage points on a monthly level, according to the Central Bureau of Statistics (CBS).

According to the CBS, there were 1,581,743 officially Croatian residents during the month of October, which is 3,599 or 0.2 percent more than at the end of September this year. At the annual level, the number of total employees in the country increased by two percent.

1,368,324 persons were employed within legal entities, which is 11,746 persons or 0.9 percent more than a month before. Compared to the same month last year, this growth was stronger and amounted to 1.8 percent.

According to the data that the CBS takes from the records of the Croatian Pension Insurance Institute, there were 194,810 employees in crafts and trades at the end of October, which is 8,165 or four percent less than in September 2021. At the annual level, the number of officially employed Croatian residents in crafts and trades was higher by four percent.

More detailed statistics on the number of employees in legal entities show an increase on a monthly basis in most activities, with the largest increase in the number of employees in the education sector, by 8.2 percent, to 121,331 persons.

For more on working in Croatia, and employment, make sure to check out our dedicated lifestyle section.

Search