Wages in Slovakia decreased to 1282 EUR/Month in December from 1494 EUR/Month in November of 2020. source: Statistical Office of the Slovak Republic

Wages in Slovakia averaged 789.74 EUR/Month from 2000 until 2020, reaching an all time high of 1494 EUR/Month in November of 2020 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 March of 2021.

Wages in Slovakia is expected to be 1198.00 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 1318.00 in 12 months time. In the long-term, the Slovakia Average Monthly Wages is projected to trend around 1355.00 EUR/Month in 2022 and 1393.00 EUR/Month in 2023, according to our econometric models.

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Slovakia Average Monthly Wages

Actual Previous Highest Lowest Dates Unit Frequency
1282.00 1494.00 1494.00 349.00 2000 - 2020 EUR/Month Monthly
Current Prices, NSA

Slovakia Labour Last Previous Highest Lowest Unit
Unemployment Rate 7.80 7.60 19.79 4.88 percent [+]
Employed Persons 2529.40 2504.50 2591.20 2083.50 Thousand [+]
Unemployed Persons 213881.00 207184.00 533676.00 134124.00 [+]
Labor Force Participation Rate 92.80 93.40 94.40 79.40 percent [+]
Long Term Unemployment Rate 2.90 3.50 12.50 2.90 percent [+]
Youth Unemployment Rate 20.50 20.40 39.90 13.10 percent [+]
Productivity 111.50 113.90 113.90 45.00 points [+]
Labour Costs 117.40 130.90 134.80 47.30 points [+]
Wages 1282.00 1494.00 1494.00 349.00 EUR/Month [+]
Wages in Manufacturing 1260.00 1481.00 1481.00 341.00 EUR/Month [+]
Minimum Wages 623.00 580.00 623.00 69.43 EUR/Month [+]
Population 5.46 5.45 5.46 3.39 Million [+]
Retirement Age Women 62.67 62.50 62.67 62.00 [+]
Retirement Age Men 62.67 62.50 62.67 62.00 [+]
Wage Growth 2.70 3.00 14.70 -33.10 percent [+]
Part Time Employment 111.20 118.30 148.90 35.10 Thousand [+]
Employment Change 0.20 0.00 1.90 -1.80 percent [+]
Employment Rate 67.50 66.80 68.60 56.10 percent [+]
Full Time Employment 2377.70 2292.00 2446.40 1877.10 Thousand [+]


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