Minimum Wages in Slovakia increased to 623 EUR/Month in the first quarter of 2021 from 580 EUR/Month in the third quarter of 2020. source: EUROSTAT

Minimum Wages in Slovakia averaged 290.86 EUR/Month from 1999 until 2021, reaching an all time high of 623 EUR/Month in the first quarter of 2021 and a record low of 69.43 EUR/Month in the first 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 February of 2021.

Minimum Wages in Slovakia is expected to be 620.00 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 620.00 in 12 months time. In the long-term, the Slovakia Gross Minimum Monthly Wage is projected to trend around 670.00 EUR/Month in 2022 and 740.00 EUR/Month in 2023, according to our econometric models.

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Slovakia Gross Minimum Monthly Wage

Actual Previous Highest Lowest Dates Unit Frequency
623.00 580.00 623.00 69.43 1999 - 2021 EUR/Month Quarterly

Slovakia Labour Last Previous Highest Lowest Unit
Unemployment Rate 7.60 7.40 19.79 4.88 percent [+]
Employed Persons 2529.40 2504.50 2591.20 2083.50 Thousand [+]
Unemployed Persons 207184.00 201948.00 533676.00 134124.00 [+]
Labor Force Participation Rate 92.80 93.40 94.40 79.40 percent [+]
Long Term Unemployment Rate 2.90 3.50 12.50 2.90 percent [+]
Youth Unemployment Rate 20.50 20.40 39.90 13.10 percent [+]
Productivity 111.50 113.90 113.90 45.00 points [+]
Labour Costs 117.40 130.90 134.80 47.30 points [+]
Wages 1494.00 1163.00 1494.00 349.00 EUR/Month [+]
Wages in Manufacturing 1481.00 1137.00 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 2.70 3.00 14.70 -33.10 percent [+]
Part Time Employment 111.20 118.30 148.90 35.10 Thousand [+]
Employment Change -1.10 -0.80 1.90 -1.40 percent [+]
Employment Rate 67.50 66.80 68.60 56.10 percent [+]
Full Time Employment 2377.70 2292.00 2446.40 1877.10 Thousand [+]