Real wages in Slovakia fell by 0.5% year-on-year in the second quarter of 2026, ending ten consecutive quarters of growth and marking the first decline since Q3 2023. The average nominal monthly wage increased by 3.2% to EUR 1,707, up EUR 53 from a year earlier, but the increase was not enough to offset inflation. Nominal wages rose in 16 of the 19 monitored sectors, led by real estate activities (9.8%), while public administration recorded the steepest decline (-4.8%). Real wages increased in 12 sectors, with the strongest gain in real estate (5.9%), while public administration posted the largest drop (-8.2%). In industry, nominal wages rose 4.9% to EUR 1,878, with real wages up 1.2%, while trade wages increased 4% to EUR 1,596, with real wages gaining 0.3%. For the first half of 2026, average nominal monthly wages increased 4.6% to EUR 1,659, while real wages rose 0.9%. source: Statistical Office of the Slovak Republic
Wages in Slovakia decreased 0.50 percent in June of 2026 over the same month in the previous year. Wage Growth in Slovakia averaged 1.41 percent from 1991 until 2026, 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. This page provides - Slovakia Real Wage Growth- actual values, historical data, forecast, chart, statistics, economic calendar and news. Slovakia Real Wage Growth - data, historical chart, forecasts and calendar of releases - was last updated on September of 2026.
Wages in Slovakia decreased 0.50 percent in June of 2026 over the same month in the previous year. Wage Growth in Slovakia is expected to be 1.50 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Slovakia Real Wage Growth is projected to trend around 1.40 percent in 2027 and 1.50 percent in 2028, according to our econometric models.