Wages in Slovakia decreased to 1083 EUR/Month in April from 1156 EUR/Month in March of 2020.

Wages in Slovakia averaged 775.61 EUR/Month from 2000 until 2020, reaching an all time high of 1381 EUR/Month in November of 2019 and a record low of 349 EUR/Month in February of 2000. This page provides - Slovakia Average Monthly Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news. Slovakia Average Monthly Wages - values, historical data and charts - was last updated on July of 2020.

Wages in Slovakia is expected to be 1166.00 EUR/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in Slovakia to stand at 1122.00 in 12 months time. In the long-term, the Slovakia Average Monthly Wages is projected to trend around 1309.00 EUR/Month in 2021 and 1346.00 EUR/Month in 2022, according to our econometric models.

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Slovakia Average Monthly Wages

Actual Previous Highest Lowest Dates Unit Frequency
1083.00 1156.00 1381.00 349.00 2000 - 2020 EUR/Month Monthly
Current Prices, NSA

Slovakia Labour Last Previous Highest Lowest Unit
Unemployment Rate 7.20 6.60 19.79 4.88 percent [+]
Employed Persons 2552.30 2591.20 2591.20 2083.50 Thousand [+]
Unemployed Persons 198256.00 180756.00 533676.00 134124.00 [+]
Labor Force Participation Rate 94.00 94.40 94.40 79.40 percent [+]
Long Term Unemployment Rate 3.50 3.30 12.50 3.30 percent [+]
Youth Unemployment Rate 17.80 17.80 39.90 13.10 percent [+]
Productivity 106.20 107.70 107.70 45.00 points [+]
Labour Costs 134.80 129.80 134.80 47.30 points [+]
Wages 1083.00 1156.00 1381.00 349.00 EUR/Month [+]
Wages in Manufacturing 1060.00 1117.00 1365.00 341.00 EUR/Month [+]
Minimum Wages 520.00 520.00 520.00 69.43 EUR/Month [+]
Population 5.46 5.45 5.46 3.39 Million [+]
Retirement Age Women 62.42 62.17 62.42 62.00 [+]
Retirement Age Men 62.42 62.17 62.42 62.00 [+]
Wage Growth 3.30 3.90 14.70 -33.10 percent [+]
Part Time Employment 111.70 120.10 148.90 35.10 Thousand [+]
Employment Change -0.50 -0.10 1.90 -1.40 percent [+]
Employment Rate 68.00 68.50 68.60 56.10 percent [+]
Full Time Employment 2341.90 2428.50 2446.40 1877.10 Thousand [+]


Slovakia Average Monthly Wages
In Slovakia, wages are benchmarked using average monthly earnings.