Average monthly wages in Slovakia increased 6.9 percent from a year earlier in real terms during the fourth quarter of 2019, following a 4.7 percent rise in the previous period.
Wage Growth in Slovakia averaged 1.48 percent from 1991 until 2019, reaching an all time high of 14.70 percent in the third quarter of 1992 and a record low of -33.10 percent in the first quarter of 1991. This page provides - Slovakia Real Wage Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news. Slovakia Real Wage Growth - data, historical chart, forecasts and calendar of releases - was last updated on June of 2020.
Wage Growth in Slovakia is expected to be 3.20 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wage Growth in Slovakia to stand at 3.60 in 12 months time. In the long-term, the Slovakia Real Wage Growth is projected to trend around 2.80 percent in 2021, according to our econometric models.