Wages in Slovakia increased to 1188 EUR/Month in September from 1121 EUR/Month in August of 2020. source: Statistical Office of the Slovak Republic

Wages in Slovakia averaged 783.43 EUR/Month from 2000 until 2020, reaching an all time high of 1381 EUR/Month in November of 2019 and a record low of 349 EUR/Month in February of 2000. This page provides - Slovakia Average Monthly Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news. Slovakia Average Monthly Wages - values, historical data and charts - was last updated on December of 2020.

Wages in Slovakia is expected to be 1243.56 EUR/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in Slovakia to stand at 1122.00 in 12 months time. In the long-term, the Slovakia Average Monthly Wages is projected to trend around 1284.60 EUR/Month in 2021 and 1346.00 EUR/Month in 2022, according to our econometric models.

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Slovakia Average Monthly Wages

Actual Previous Highest Lowest Dates Unit Frequency
1188.00 1121.00 1381.00 349.00 2000 - 2020 EUR/Month Monthly
Current Prices, NSA

Slovakia Labour Last Previous Highest Lowest Unit
Unemployment Rate 7.40 7.40 19.79 4.88 percent [+]
Employed Persons 2504.50 2552.30 2591.20 2083.50 Thousand [+]
Unemployed Persons 201281.00 203649.00 533676.00 134124.00 [+]
Labor Force Participation Rate 93.40 94.00 94.40 79.40 percent [+]
Long Term Unemployment Rate 3.50 3.30 12.50 3.30 percent [+]
Youth Unemployment Rate 18.80 18.40 39.90 13.10 percent [+]
Productivity 113.90 106.20 113.90 45.00 points [+]
Labour Costs 130.90 134.80 134.80 47.30 points [+]
Wages 1188.00 1121.00 1381.00 349.00 EUR/Month [+]
Wages in Manufacturing 1169.00 1103.00 1365.00 341.00 EUR/Month [+]
Minimum Wages 580.00 580.00 580.00 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 3.00 3.30 14.70 -33.10 percent [+]
Part Time Employment 118.30 111.70 148.90 35.10 Thousand [+]
Employment Change -1.10 -0.80 1.90 -1.40 percent [+]
Employment Rate 66.80 68.00 68.60 56.10 percent [+]
Full Time Employment 2292.00 2341.90 2446.40 1877.10 Thousand [+]


Slovakia Average Monthly Wages
In Slovakia, wages are benchmarked using average monthly earnings.