Minimum wages in Slovakia were at 520 EUR/Month in 2019.

Minimum Wages in Slovakia averaged 269.18 EUR/Month from 1999 until 2019, reaching an all time high of 520 EUR/Month in the second quarter of 2019 and a record low of 69.43 EUR/Month in the second quarter of 1999. This page provides - Slovakia Minimum Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news. Slovakia Gross Minimum Monthly Wage - values, historical data and charts - was last updated on August of 2020.

Minimum Wages in Slovakia is expected to be 560.00 EUR/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Minimum Wages in Slovakia to stand at 610.00 in 12 months time. In the long-term, the Slovakia Gross Minimum Monthly Wage is projected to trend around 610.00 EUR/Month in 2021, according to our econometric models.

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Slovakia Gross Minimum Monthly Wage

Actual Previous Highest Lowest Dates Unit Frequency
520.00 520.00 520.00 69.43 1999 - 2019 EUR/Month Quarterly

Slovakia Labour Last Previous Highest Lowest Unit
Unemployment Rate 7.40 7.20 19.79 4.88 percent [+]
Employed Persons 2552.30 2591.20 2591.20 2083.50 Thousand [+]
Unemployed Persons 203586.00 198256.00 533676.00 134124.00 [+]
Labor Force Participation Rate 94.00 94.40 94.40 79.40 percent [+]
Long Term Unemployment Rate 3.50 3.30 12.50 3.30 percent [+]
Youth Unemployment Rate 18.10 17.80 39.90 13.10 percent [+]
Productivity 106.20 107.70 107.70 45.00 points [+]
Labour Costs 134.80 129.80 134.80 47.30 points [+]
Wages 1231.00 1083.00 1381.00 349.00 EUR/Month [+]
Wages in Manufacturing 1209.00 1060.00 1365.00 341.00 EUR/Month [+]
Minimum Wages 520.00 520.00 520.00 69.43 EUR/Month [+]
Population 5.46 5.45 5.46 3.39 Million [+]
Retirement Age Women 62.42 62.17 62.42 62.00 [+]
Retirement Age Men 62.42 62.17 62.42 62.00 [+]
Wage Growth 3.30 3.90 14.70 -33.10 percent [+]
Part Time Employment 111.70 120.10 148.90 35.10 Thousand [+]
Employment Change -0.50 -0.10 1.90 -1.40 percent [+]
Employment Rate 68.00 68.50 68.60 56.10 percent [+]
Full Time Employment 2341.90 2428.50 2446.40 1877.10 Thousand [+]