Minimum Wages in Slovakia were at 580 EUR/Month in 2020.

Minimum Wages in Slovakia averaged 283.31 EUR/Month from 1999 until 2020, reaching an all time high of 580 EUR/Month in the first quarter of 2020 and a record low of 69.43 EUR/Month in the second quarter of 1999. This page provides - Slovakia Minimum Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news. Slovakia Gross Minimum Monthly Wage - values, historical data and charts - was last updated on October of 2020.

Minimum Wages in Slovakia is expected to be 560.00 EUR/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Minimum Wages in Slovakia to stand at 610.00 in 12 months time. In the long-term, the Slovakia Gross Minimum Monthly Wage is projected to trend around 610.00 EUR/Month in 2021, according to our econometric models.

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Slovakia Gross Minimum Monthly Wage

Actual Previous Highest Lowest Dates Unit Frequency
580.00 580.00 580.00 69.43 1999 - 2020 EUR/Month Quarterly

Slovakia Labour Last Previous Highest Lowest Unit
Unemployment Rate 7.60 7.70 19.79 4.88 percent [+]
Employed Persons 2504.50 2552.30 2591.20 2083.50 Thousand [+]
Unemployed Persons 208362.00 209786.00 533676.00 134124.00 [+]
Labor Force Participation Rate 93.40 94.00 94.40 79.40 percent [+]
Long Term Unemployment Rate 3.50 3.30 12.50 3.30 percent [+]
Youth Unemployment Rate 19.40 19.80 39.90 13.10 percent [+]
Productivity 113.90 106.20 113.90 45.00 points [+]
Labour Costs 130.90 134.80 134.80 47.30 points [+]
Wages 1121.00 1157.00 1381.00 349.00 EUR/Month [+]
Wages in Manufacturing 1103.00 1132.00 1365.00 341.00 EUR/Month [+]
Minimum Wages 580.00 580.00 580.00 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 3.00 3.30 14.70 -33.10 percent [+]
Part Time Employment 118.30 111.70 148.90 35.10 Thousand [+]
Employment Change -1.10 -0.80 1.90 -1.40 percent [+]
Employment Rate 66.80 68.00 68.60 56.10 percent [+]
Full Time Employment 2292.00 2341.90 2446.40 1877.10 Thousand [+]