Labour Costs in Slovenia decreased to 111.80 Index Points in the third quarter of 2019 from 112.30 Index Points in the second quarter of 2019. Labour Costs in Slovenia averaged 90 Index Points from 2000 until 2019, reaching an all time high of 114.30 Index Points in the first quarter of 2019 and a record low of 52.46 Index Points in the second quarter of 2000.

Labour Costs in Slovenia is expected to be 117.08 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Labour Costs in Slovenia to stand at 114.52 in 12 months time. In the long-term, the Slovenia Labour Costs is projected to trend around 120.18 points in 2020, according to our econometric models.


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Slovenia Labour Costs

Actual Previous Highest Lowest Dates Unit Frequency
111.80 112.30 114.30 52.46 2000 - 2019 points Quarterly
SA, 2008=100

Slovenia Labour Last Previous Highest Lowest Unit
Unemployment Rate 7.40 7.40 15.50 6.30 percent [+]
Employed Persons 901728.00 901285.00 901728.00 781561.00 [+]
Unemployed Persons 72395.00 72416.00 137257.00 59303.00 [+]
Long Term Unemployment Rate 2.10 1.80 5.70 1.60 percent [+]
Youth Unemployment Rate 8.10 8.10 25.60 6.70 percent [+]
Labour Costs 111.80 112.30 114.30 52.46 points [+]
Job Vacancies 10664.00 11815.00 24737.00 4713.00 [+]
Wages 1898.00 1742.00 1898.00 1097.00 EUR/Month [+]
Wages in Manufacturing 1948.00 1700.00 1948.00 920.00 EUR/Month [+]
Wage Growth 4.70 3.90 11.21 -2.42 percent [+]
Minimum Wages 886.63 886.63 886.63 347.72 EUR/Month [+]
Population 2.07 2.07 2.07 1.58 Million [+]
Retirement Age Women 59.67 59.33 59.67 58.00 [+]
Retirement Age Men 60.00 59.67 60.00 58.00 [+]
Labor Force Participation Rate 58.50 58.20 60.70 55.80 percent [+]
Productivity 123.30 111.60 123.30 59.60 points [+]
Part Time Employment 78.50 84.70 100.30 40.20 Thousand [+]
Employment Change 0.50 0.60 1.80 -1.40 percent [+]
Employment Rate 72.10 72.50 72.50 61.60 percent [+]
Full Time Employment 892.00 893.00 921.30 794.60 Thousand [+]