MINIMUM AND AVERAGE SALARY IN SLOVAKIA

Slovakia is a small country with a population of about 5.5 million people, located in central Europe. It is landlocked and borders on the Czech Republic, Poland, Ukraine, Hungary and Austria. It has very beautiful nature with many national parks, lakes and mountains. More than 40% of the country's territory is occupied by forests.

Salary in Slovakia

Slovakia is part of the European Union and has an open market economy with minimal corruption and bureaucracy in power structures. All this creates comfortable living and employment conditions. Let's find out what salaries in Slovakia in 2022.

Minimum salary in Slovakia

According to official data from the Slovak government, the minimum wage in Slovakia in 2022 is 646 euros per month (7,752 euros per year). The hourly rate is €3.71. In 2021, the minimum wage in Slovakia was €623 per month, an increase of €23 or 3.69%. And over the past 10 years, Slovak incomes have increased by 319 euros, from 327 euros per month in 2012, to 646 euros in 2022.

After all deductions, the minimum wage in Slovakia in 2022 is 520 euros per month. The rate varies depending on the degree of responsibility and complexity of work (table).

MINIMUM WAGE IN SLOVAKIA

Level of difficulty Coefficient Rate
1 1 646
2 1,2 762
3 1,4 878
4 1,6 994
5 1,8 1,110
6 2 1,226

In addition, local workers receive special bonuses for night shift exits (40%/1.43 euros), for on-duty departures (20%/0.7 euros) and weekend work – Saturday (50%/1.8 euros) and Sunday (100%/3.58 euros).

Average salary in Slovakia

According to official data from the Slovak Statistical Office, the average salary in Slovakia in 2022 is 1,331 euros per month. Compared to the previous year, the income of Slovak workers has increased by 154 euros. The most significant growth is recorded in housing (26.7%), as well as in car sales and repairs (14.3%).

The highest level of average monthly wages in Slovakia is in the information and communication sector (€2,278) and in the supply of electricity, gas, steam and air conditioning (€2,014). The lowest average wages are in accommodation and catering (€713) and construction (€869).

SALARY IN SLOVAKIA BY SECTOR OF ECONOMY

Sector of economy Euro per month
Information and communication 2,278
Supply of electricity, gas, steam and air conditioning 2,014
Financial and insurance activity 2,011
Public administration and protection 1,967
Health care and social work 1,615
Mining and quarrying 1,415
Professional, scientific and technical activity 1,396
Manufacturing 1,386
Education 1,368
Water supply, sewerage and waste management 1,316
Transportation and storage 1,215
Wholesale and retail trade 1,202
Operations with real estate 1,138
Art, entertainment and leisure 1,133
Fishing, agriculture and forestry 1,014
Administrative and support services 1,009
Construction 869
Accommodation and meals 713
Other 902

Note. Information on average wages in Slovakia by sector of economy are based on official data from the local statistical office.

In conclusion, the unemployment rate in Slovakia is about 5%, and the income tax rate in 2022 ranges from 19% (income up to 38,553.01 euros per year) to 25% (income over 38,553.01 euros per year).

Add comment


Security code
Refresh

© 2020–2022 WageCentre.com. All Rights Reserved.