Wages in Slovakia increased to 1385 EUR/Month in May from 1263 EUR/Month in April of 2021. source: Statistical Office of the Slovak Republic

Wages in Slovakia averaged 798.47 EUR/Month from 2000 until 2021, 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 July of 2021.

Wages in Slovakia is expected to be 1250.00 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 1427.00 in 12 months time. In the long-term, the Slovakia Average Monthly Wages is projected to trend around 1357.00 EUR/Month in 2022 and 1395.00 EUR/Month in 2023, according to our econometric models.

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Slovakia Average Monthly Wages

Actual Previous Highest Lowest Dates Unit Frequency
1385.00 1263.00 1494.00 349.00 2000 - 2021 EUR/Month Monthly
Current Prices, NSA

Slovakia Labour Last Previous Highest Lowest Unit
Unemployment Rate 7.80 7.90 19.79 4.88 percent [+]
Employed Persons 2501.80 2538.90 2591.20 2083.50 Thousand [+]
Unemployed Persons 212635.00 217162.00 533676.00 134124.00 [+]
Labor Force Participation Rate 92.90 93.00 94.40 79.40 percent [+]
Long Term Unemployment Rate 3.30 3.20 12.50 2.90 percent [+]
Youth Unemployment Rate 23.40 20.80 39.90 13.10 percent [+]
Productivity 116.20 115.30 116.20 45.00 points [+]
Labour Costs 136.00 135.20 136.00 47.30 points [+]
Wages 1385.00 1263.00 1494.00 349.00 EUR/Month [+]
Wages in Manufacturing 1350.00 1246.00 1481.00 341.00 EUR/Month [+]
Minimum Wages 623.00 623.00 623.00 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 2.50 4.20 14.70 -33.10 percent [+]
Part Time Employment 80.90 108.90 148.90 35.10 Thousand [+]
Employment Change 0.20 0.00 1.90 -1.80 percent [+]
Employment Rate 67.80 67.50 68.60 56.10 percent [+]
Full Time Employment 2383.30 2390.40 2446.40 1877.10 Thousand [+]


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