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Slovakia Wages: Minimum and Average

Slovakia Wages Data

Indicator Data Period
Minimum Wages 700 EUR/Month | 742.627 USD/Month 3Q/23
Wages 1473 EUR/Month | 1562.699 USD/Month Jul/23
Wage Growth  -2 % 2Q/23
Wages High Skilled 1250 EUR/Month | 1409.833 USD/Month 2018
Wages in Manufacturing 1446 EUR/Month | 1534.055 USD/Month Jul/23
Wages Low Skilled  678 EUR/Month | 764.693 USD/Month 2018


Latest data on Minimum Wages (EUR/Month)

Minimum Wages
                     Slovakia - Historical Data (EUR/Month)

What is minimum wage in Slovakia?

  • Minimum Wages in Slovakia remained unchanged at 700 EUR/Month (742.627 USD/Month) in the third quarter of 2023. The maximum rate of minimum wage for employees was 623 EUR/Month and minimum was 69.43 EUR/Month.
  • Data published Quarterly by Eurostat.

Historical Data (EUR/Month) by years

Data
Period
Date
700 3Q/23 22.07.2023
700 1Q/23 03.02.2023
646 3Q/22 23.07.2022
646 1Q/22 29.01.2022
623 3Q/21 24.07.2021
623 1Q/21 05.02.2021
580 3Q/20 25.08.2020
520 4Q/19 20.01.2020


Historical Chart by presidents (EUR/Month)

Minimum Wages in Slovakia by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Andrej Kiska 15.06.2014 - 352.0000 480.0000 480.0000 352.0000 36.36%
Ivan Gašparovič 15.06.2004 - 15.06.2014 147.6800 337.7000 337.7000 147.6800 128.67%
Rudolf Schuster 15.06.1999 - 15.06.2004 69.4300 134.0600 134.2100 69.4300 93.09%


Latest data on Wages (EUR/Month)

Wages
                     Slovakia - Historical Data (EUR/Month)

What is average wage in Slovakia?

  • Average Wages in Slovakia decreased to 1473 EUR/Month (1562.699 USD/Month) in July 2023. The maximum rate of average wage for employees was 1494 EUR/Month and minimum was 349 EUR/Month.
  • Data published Monthly by Statistical Office.

Historical Data (EUR/Month) by years

Data
Period
Date
1473 Jul/23 14.09.2023
1515 Jun/23 12.08.2023
1592 May/23 14.07.2023
1448 Apr/23 13.06.2023
1463 Mar/23 13.05.2023
1339 Feb/23 15.04.2023
1393 Jan/23 18.03.2023
1449 Dec/22 11.02.2023


Historical Chart by presidents (EUR/Month)

Wages in Slovakia by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End
Andrej Kiska 15.06.2014 - 939.0000 955.0000 1241.0000 885.0000 1.70%
Ivan Gašparovič 15.06.2004 - 15.06.2014 581.0000 983.0000 1020.0000 553.0000 69.19%
Rudolf Schuster 15.06.1999 - 15.06.2004 359.0000 542.0000 594.0000 349.0000 50.97%


Latest data on Wage Growth  (%)

Wage Growth 
                     Slovakia - Historical Data (%)

What is the growth rate of wages in Slovakia?

  • Wage Growth in Slovakia decreased by 2 % in the second quarter of 2023 over the same quarter in the previous year. The maximum growth was 14.7 % and minimum was -33.1 %
  • Data published Quarterly by Statistical Office.

Historical Data (%) by years

Data
Period
Date
-2 2Q/23 06.09.2023
-4.9 1Q/23 05.06.2023
-7.6 4Q/22 03.03.2023
-4 3Q/22 02.12.2022
-4.5 2Q/22 05.09.2022
-1.4 1Q/22 06.06.2022
6.9 4Q/21 08.03.2022
2.5 3Q/21 18.01.2022


Historical Chart by YoY presidents (%)

Wage Growth  in Slovakia by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End


Latest data on Wages High Skilled (EUR/Month)

Wages High Skilled
                     Slovakia - Historical Data (EUR/Month)

How much is average wage for high skilled employees in Slovakia?

  • Average wages for high skilled employees in Slovakia increased to 1250 EUR/Month (1409.833 USD/Month). The maximum level was 1250 EUR/Month and minimum was 884 EUR/Month.
  • Data published Yearly by Wageindicator Foundation.

Historical Data (EUR/Month) by years

Data
Period
Date
1250 2018 04.07.2019


Historical Chart by presidents (EUR/Month)

Wages High Skilled in Slovakia by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End


Latest data on Wages in Manufacturing (EUR/Month)

Wages in Manufacturing
                     Slovakia - Historical Data (EUR/Month)

How much is average wage in manufacturing in Slovakia?

  • Average wages in manufacturing sector in Slovakia decreased to 1446 EUR/Month (1534.055 USD/Month). The maximum level was 1481 EUR/Month and minimum was 341 EUR/Month.
  • Data published Monthly by Statistical Office.

Historical Data (EUR/Month) by years

Data
Period
Date
1446 Jul/23 14.09.2023
1472 Jun/23 12.08.2023
1582 May/23 14.07.2023
1427 Apr/23 13.06.2023
1432 Mar/23 13.05.2023
1310 Feb/23 15.04.2023
1369 Jan/23 18.03.2023
1417 Dec/22 11.02.2023


Historical Chart by presidents (EUR/Month)

Wages in Manufacturing in Slovakia by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End


Latest data on Wages Low Skilled  (EUR/Month)

Wages Low Skilled 
                     Slovakia - Historical Data (EUR/Month)

How much is average wage for low skilled employees in Slovakia?

  • Average wages for low skilled employees in Slovakia increased to 678 EUR/Month (764.693 USD/Month). The maximum level was 678 EUR/Month and minimum was 518 EUR/Month.
  • Data published Yearly by Wageindicator Foundation.

Historical Data (EUR/Month) by years

Data
Period
Date
678 2018 04.07.2019


Historical Chart by presidents (EUR/Month)

Wages Low Skilled  in Slovakia by presidents

Name Period Start Data End Data Max Value Min Value CHG% Start/End

Other labor indicators in Slovakia

Index Updated Actual Previous
Retirement Age Men 2022 64 64
Unemployment Rate Aug/23 5.23 % 5.22
Labor Force Participation Rate 2Q/23 94.3 % 93.8
Living Wage Individual 2018 507.54 USD/Month 501.9

Wages in other countries

Country Updated Actual Previous
Austria 2021 2674.517 USD/Month 3100.997
Ireland 2Q/23 3861.659 USD/Month 3921.069
Luxembourg 2022 6692.128 USD/Month 6394.017
Spain 2Q/23 2400.806 USD/Month 2256.525
Iceland 2022 5859.446 USD/Month 5569.374
Norway 2Q/23 4976.271 USD/Month 4885.96
Belarus Aug/23 693.605 USD/Month 683.353
Belgium 2016 3849.76 USD/Month 3801.21
Bulgaria Jun/23 1045.294 USD/Month 1049.634
Croatia Jul/23 1141 USD/Month 1150
Cyprus 2Q/23 2387.015 USD/Month 2388.076
Czech Republic 2Q/23 1865.756 USD/Month 1783.943
Denmark 2021 6341.338 USD/Month 6203.397
Estonia 2Q/23 1987.057 USD/Month 1847.019
Euro Area 1Q/23 2239.55 USD/Month 2198.175
Finland 2Q/23 4119.457 USD/Month 4049.438
France 2021 3523.234 USD/Month 3500.955
Germany 4Q/21 4349.671 USD/Month 4217.059
Hungary Jul/23 1537.104 USD/Month 1558.236
Italy 2022 2786.972 USD/Month 2656.482
Latvia Jun/23 1196.69 USD/Month 1198.812
Lithuania 2Q/23 2121.791 USD/Month 2079.355
Macedonia Jul/23 938.822 USD/Month 943.754
Malta 2Q/23 161.875 USD/Month 163.378
Moldova 2Q/23 670.134 USD/Month 632.158
Montenegro Aug/23 1055.591 USD/Month 1053.469
Poland 2Q/23 1644.292 USD/Month 1671.986
Portugal 2023 1107.575 USD/Month 1087.418
Romania Jul/23 1563.428 USD/Month 1573.471
Russia Jul/23 730.402 USD/Month 783.429
Serbia Jul/23 758.594 USD/Month 774.512
Slovakia Jul/23 1562.699 USD/Month 1607.257
Slovenia Jul/23 2336.092 USD/Month 2340.335
Sweden Jul/23 2832.482 USD/Month 2861.834
Switzerland 2022 7442.892 USD/Month 7376.358
Ukraine Jan/22 398.627 USD/Month 477.275
United Kingdom Aug/19 2798.54 USD/Month
Albania 2Q/23 712.412 USD/Month 650.128
Bosnia and Herzegovina Jul/23 1054.573 USD/Month 1059.998
Kosovo Dec/18 558.79 USD/Month 559.9