Living Wage Individual in Slovakia increased to 450 EUR/Month in 2018 from 445 EUR/Month in 2017. Living Wage Individual in Slovakia averaged 446.25 EUR/Month from 2015 until 2018, reaching an all time high of 450 EUR/Month in 2018 and a record low of 445 EUR/Month in 2016.

Living Wage Individual in Slovakia is expected to be 466.88 EUR/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Slovakia Living Wage Individual is projected to trend around 492.67 EUR/Month in 2020, according to our econometric models.

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Slovakia Living Wage Individual

Actual Previous Highest Lowest Dates Unit Frequency
450.00 445.00 450.00 445.00 2015 - 2018 EUR/Month yearly


Slovakia Living Wage Individual
WageIndicator Living Wage computations are based on the cost of living for a predefined food basket derived from the FAO database distinguishing 50 food groups with national food consumption patterns in per capita units, for housing and for transportation, with a margin for unexpected expenses. The data about prices of these items is collected through an online survey.

Slovakia Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.92 4.94 19.79 4.88 percent [+]
Employed Persons 2585.10 2569.90 2589.30 2083.50 Thousand [+]
Unemployed Persons 135507.00 136192.00 533676.00 134124.00 [+]
Labor Force Participation Rate 94.10 94.30 94.30 79.40 percent [+]
Long Term Unemployment Rate 3.30 3.50 12.50 3.30 percent [+]
Youth Unemployment Rate 16.70 16.10 39.90 13.30 percent [+]
Productivity 128.10 119.60 130.70 56.70 points [+]
Labour Costs 114.20 120.10 121.40 46.90 points [+]
Wages 1371.00 1132.00 1371.00 349.00 EUR/Month [+]
Wages in Manufacturing 1354.00 1109.00 1354.00 341.00 EUR/Month [+]
Minimum Wages 520.00 480.00 520.00 69.43 EUR/Month [+]
Population 5.45 5.44 5.45 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 [+]
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 111.00 108.20 148.90 35.10 Thousand [+]
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 [+]
Wage Growth 4.70 7.00 14.70 -33.10 percent [+]
Employment Change 0.30 0.30 1.90 -1.40 percent [+]
Employment Rate 68.50 68.10 68.60 56.10 percent [+]
Full Time Employment 2420.10 2441.60 2446.40 1877.10 Thousand [+]