Slovakia Gross Minimum Monthly Wage  Forecast


Minimum Wages in Slovakia is expected to be 425.00 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 458.95 in 12 months time. In the long-term, the Slovakia Gross Minimum Monthly Wage is projected to trend around 490.00 EUR/Month in 2020, according to our econometric models.


Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows clients to download millions of rows of historical data, to query our real-time economic calendar and to subscribe to updates.

Interested? Click here to contact us


Slovakia Labour Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Unemployment Rate 6.4 6.1 5.8 5.6 5.4 5.1
Employed Persons 2527 2527 2524 2524 2520 2483
Unemployed Persons 175021 181531 186618 190430 194861 227999
Labor Force Participation Rate 91.9 91.81 91.66 91.45 91.22 89.38
Long Term Unemployment Rate 5.4 5.95 6.23 6.52 6.82 8.6
Youth Unemployment Rate 15.5 13.68 13.46 13.74 14.26 19.58
Productivity 113 116 106 113 122 116
Labour Costs 107 111 110 108 98.54 107
Wages 1020 1027 1031 1023 1022 999
Wages in Manufacturing 1009 1010 1014 1009 1006 983
Minimum Wages 435 425 447 458 459 490
Population 5.44 5.44 5.45 5.45 5.45 5.45
Retirement Age Women 62.17 61.94 61.76 61.66 61.57 61.62
Retirement Age Men 62.17 62.02 62.01 62 62 62
Employment Change 0.6 0.26 0.15 0.08 0.08 0.15
Employment Rate 66.1 65.83 65.76 65.62 65.43 64.09
Full Time Employment 2341 2328 2323 2318 2313 2274
Part Time Employment 145 144 143 143 143 139
Living Wage Family 727 724 724 724 724 724
Living Wage Individual 644 631 631 631 631 631
Wage Growth 3.8 4.1 1.87 1.1 0.51 3.3
Wages Low Skilled 626 594 591 588 586 575
Wages High Skilled 1190 1101 1093 1086 1080 1053