Living Wage Individual in Slovakia increased to 450 EUR/Month in 2018 from 445 EUR/Month in 2017. source: WageIndicator Foundation

Living Wage Individual in Slovakia averaged 446.25 EUR/Month from 2015 until 2018, reaching an all time high of 450 EUR/Month in 2018 and a record low of 445 EUR/Month in 2016. Slovakia Living Wage Individual - values, historical data and charts - was last updated on June of 2021.

Living Wage Individual in Slovakia is expected to reach 462.60 EUR/Month by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the Slovakia Living Wage Individual is projected to trend around 476.48 EUR/Month in 2022 and 489.82 EUR/Month in 2023, according to our econometric models.

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Slovakia Living Wage Individual

Actual Previous Highest Lowest Dates Unit Frequency
450.00 445.00 450.00 445.00 2015 - 2018 EUR/Month yearly

Slovakia Labour Last Previous Highest Lowest Unit
Unemployment Rate 7.90 8.00 19.79 4.88 percent [+]
Employed Persons 2501.80 2538.90 2591.20 2083.50 Thousand [+]
Unemployed Persons 217162.00 219293.00 533676.00 134124.00 [+]
Labor Force Participation Rate 92.90 93.00 94.40 79.40 percent [+]
Long Term Unemployment Rate 2.90 3.50 12.50 2.90 percent [+]
Youth Unemployment Rate 20.80 20.80 39.90 13.10 percent [+]
Productivity 116.20 115.30 116.20 45.00 points [+]
Labour Costs 136.00 135.20 136.00 47.30 points [+]
Wages 1233.00 1136.00 1494.00 349.00 EUR/Month [+]
Wages in Manufacturing 1206.00 1106.00 1481.00 341.00 EUR/Month [+]
Minimum Wages 623.00 580.00 623.00 69.43 EUR/Month [+]
Population 5.46 5.45 5.46 3.39 Million [+]
Retirement Age Women 62.67 62.50 62.67 62.00 [+]
Retirement Age Men 62.67 62.50 62.67 62.00 [+]
Wage Growth 2.50 4.20 14.70 -33.10 percent [+]
Part Time Employment 108.90 111.20 148.90 35.10 Thousand [+]
Employment Change 0.20 0.00 1.90 -1.80 percent [+]
Employment Rate 67.80 67.50 68.60 56.10 percent [+]
Full Time Employment 2390.40 2377.70 2446.40 1877.10 Thousand [+]


Slovakia Living Wage Individual
WageIndicator Living Wage computations are based on the cost of living for a predefined food basket derived from the FAO database distinguishing 50 food groups with national food consumption patterns in per capita units, for housing and for transportation, with a margin for unexpected expenses. The data about prices of these items is collected through an online survey.