The unemployment rate in Slovakia declined to 5.2 percent in February of 2019 from 5.3 percent in the previous month and matching market expectations. Unemployment Rate in Slovakia averaged 12.52 percent from 1994 until 2019, reaching an all time high of 19.79 percent in January of 2001 and a record low of 5 percent in December of 2018.

Unemployment Rate in Slovakia is expected to be 4.80 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Unemployment Rate in Slovakia to stand at 4.50 in 12 months time. In the long-term, the Slovakia Unemployment Rate is projected to trend around 4.70 percent in 2020, according to our econometric models.

Slovakia Unemployment Rate
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Calendar GMT Actual Previous Consensus TEForecast
2018-12-20 09:30 AM Unemployment Rate 5.1% 5.2% 5.14% 5.2%
2019-01-21 09:30 AM Unemployment Rate 5% 5.1% 5.1% 5.1%
2019-02-20 01:30 PM Unemployment Rate 5.3% 5% 5.06% 5%
2019-03-21 09:30 AM Unemployment Rate 5.2% 5.3% 5.2% 4.9%
2019-04-23 08:40 AM Unemployment Rate 5.2% 5.08% 4.8%
2019-05-20 08:40 AM Unemployment Rate 4.7%
2019-06-19 08:40 AM Unemployment Rate 4.6%


Slovakia Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.20 5.30 19.79 5.00 percent [+]
Employed Persons 2589.30 2579.00 2589.30 2083.50 Thousand [+]
Unemployed Persons 141432.00 144230.00 533676.00 138198.00 [+]
Labor Force Participation Rate 93.90 93.60 93.90 79.40 percent [+]
Long Term Unemployment Rate 3.90 4.20 12.50 3.90 percent [+]
Youth Unemployment Rate 11.60 11.90 39.90 11.60 percent [+]
Labour Costs 121.40 106.00 121.40 46.90 Index Points [+]
Productivity 123.70 130.70 130.70 56.70 Index Points [+]
Wages 1083.00 1123.00 1319.00 349.00 EUR/Month [+]
Wages in Manufacturing 1063.00 1108.00 1305.00 341.00 EUR/Month [+]
Minimum Wages 520.00 480.00 520.00 69.43 EUR/Month [+]
Population 5.44 5.44 5.44 4.14 Million [+]
Retirement Age Women 62.42 62.17 62.42 62.00 [+]
Retirement Age Men 62.42 62.17 62.42 62.00 [+]
Living Wage Family 640.00 635.00 640.00 635.00 EUR/Month [+]
Living Wage Individual 450.00 445.00 450.00 445.00 EUR/Month [+]
Part Time Employment 110.00 121.60 148.90 35.10 Thousand [+]
Wage Growth 3.50 3.30 14.70 -33.10 percent [+]
Wages Low Skilled 678.00 542.00 678.00 518.00 EUR/Month [+]
Wages High Skilled 1250.00 945.00 1250.00 884.00 EUR/Month [+]
Employment Change 0.40 0.40 1.90 -1.40 percent [+]
Employment Rate 67.90 67.10 67.90 56.10 percent [+]
Full Time Employment 2446.40 2424.70 2446.40 1877.10 Thousand [+]


Slovakia Unemployment Rate

In Slovakia, the unemployment rate measures the number of people actively looking for a job as a percentage of the labour force. This page provides the latest reported value for - Slovakia Unemployment Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. Slovakia Unemployment Rate - actual data, historical chart and calendar of releases - was last updated on April of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
5.20 5.30 19.79 5.00 1994 - 2019 percent Monthly




Country Last Previous
South Africa 27.10 Dec/18
Turkey 14.70 Jan/19
Spain 14.45 Dec/18
Brazil 12.40 Feb/19
Italy 10.70 Feb/19
Argentina 9.10 Dec/18
France 8.80 Dec/18
Euro Area 7.80 Feb/19
Saudi Arabia 6.00 Dec/18
Canada 5.80 Mar/19
Indonesia 5.34 Sep/18
Australia 5.00 Mar/19
Russia 4.70 Mar/19
United Kingdom 3.90 Feb/19
China 3.80 Dec/18
South Korea 3.80 Mar/19
United States 3.80 Mar/19
India 3.53 Dec/18
Mexico 3.30 Feb/19
Netherlands 3.30 Mar/19
Germany 3.10 Feb/19
Switzerland 2.50 Mar/19
Japan 2.30 Feb/19
Singapore 2.20 Dec/18


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