The real average wage in Slovakia increased 3.5 percent year-on-year in the second quarter of 2018, easing from a 4.1 percent rise in the previous period. The average nominal monthly wage advanced 6.4 percent to EUR 1,004. The highest average monthly wages were recorded in financial & insurance activities (EUR 1,991); information & communication (EUR 1,772) and electricity, gas & steam supply (EUR 1,626). Meanwhile, the lowest wages were recorded in accommodation & food service activities (EUR 567); other service activities (EUR 643) and in construction (EUR 715). Wage Growth in Slovakia averaged 1.28 percent from 1991 until 2018, 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.

Slovakia Real Wage Growth
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Calendar GMT Actual Previous Consensus TEForecast
2018-03-07 08:00 AM Real Wages YoY 3.3% 3.6% 2.5%
2018-06-07 07:00 AM Real Wages YoY 4.1% 3.3% 3%
2018-09-07 07:00 AM Real Wages YoY 3.5% 4.1% 3.8%
2018-12-06 08:00 AM Real Wages YoY 3.5% 3.6%


Slovakia Labour Last Previous Highest Lowest Unit
Unemployment Rate 5.40 5.40 19.79 5.40 percent [+]
Employed Persons 2556.00 2542.60 2556.00 2083.50 Thousand [+]
Unemployed Persons 147803.00 148935.00 533676.00 147803.00 [+]
Labor Force Participation Rate 93.40 92.90 93.40 79.40 percent [+]
Long Term Unemployment Rate 4.20 4.40 12.50 4.20 percent [+]
Youth Unemployment Rate 14.50 13.90 39.90 13.90 percent [+]
Labour Costs 111.20 115.30 116.50 46.90 Index Points [+]
Productivity 116.80 108.60 127.50 56.70 Index Points [+]
Wages 1072.00 1101.00 1241.00 349.00 EUR/Month [+]
Wages in Manufacturing 1060.00 1090.00 1226.00 341.00 EUR/Month [+]
Minimum Wages 480.00 480.00 480.00 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 127.60 141.90 148.90 35.10 Thousand [+]
Wage Growth 3.50 4.10 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 0.50 0.50 1.90 -1.40 percent [+]
Employment Rate 67.10 67.10 67.10 56.10 percent [+]
Full Time Employment 2389.00 2372.10 2389.00 1877.10 Thousand [+]


Slovakia Real Wage Growth

This page provides - Slovakia Real Wage Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news. Slovakia Real Wage Growth - actual data, historical chart and calendar of releases - was last updated on November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
3.50 4.10 14.70 -33.10 1991 - 2018 percent Quarterly
NSA




Country Last
Argentina 2.84 Aug/18
Australia 2.30 Sep/18
Euro Area 1.90 Jun/18
France 0.40 Jun/18
Germany 0.50 Jun/18
Italy 1.90 Aug/18
Japan 1.10 Sep/18
Netherlands 2.27 Oct/18
Russia 7.20 Sep/18
Switzerland 0.80 Jun/18
United Kingdom 3.00 Sep/18
United States 4.79 Aug/18


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