MINIMUM AND AVERAGE SALARY IN SLOVAKIA
Slovakia is a small country with a population of about 5.7 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.
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 2024.
Minimum salary in Slovakia
According to official data from the Slovak government, the minimum wage in Slovakia in 2024 is 750 euros per month (9,000 euros per year). The hourly rate is €4.310. In 2023, the minimum wage in Slovakia was €700 per month, an increase of €50 or 7.14%. And over the past 10 years, Slovak incomes have increased by 398 euros, from 352 euros per month in 2014, to 750 euros in 2024.
After all deductions, the minimum wage in Slovakia in 2024 is 616 euros per month. The rate varies depending on the degree of responsibility and complexity of work (table).
| Level of difficulty | Coefficient | Rate |
| 1 | 1 | 750 |
| 2 | 1,2 | 866 |
| 3 | 1,4 | 982 |
| 4 | 1,6 | 1,098 |
| 5 | 1,8 | 1,214 |
| 6 | 2 | 1,330 |
In addition, local workers receive special bonuses for night shift exits (40%/1.72 euros), for on-duty departures (20%/0.86 euros) and weekend work – Saturday (50%/2.155 euros) and Sunday (100%/4.310 euros).
Average salary in Slovakia
According to official data from the Slovak Statistical Office, the average salary in Slovakia in 2024 is 1,569 euros per month. Compared to the previous year, the income of Slovak workers has increased by 151 euros.
The highest level of average monthly wages in Slovakia is in the information and communication sector (€2,381) and in the supply of electricity, gas, steam and air conditioning (€2,212). The lowest average wages are in accommodation and catering (€809) and construction (€987).
| Sector of economy | Euro per month |
| Information and communication | 2,381 |
| Supply of electricity, gas, steam and air conditioning | 2,212 |
| Financial and insurance activity | 2,165 |
| Public administration and protection | 2,019 |
| Professional, scientific and technical activity | 1,577 |
| Health care and social work | 1,574 |
| Mining and quarrying | 1,494 |
| Manufacturing | 1,470 |
| Transportation and storage | 1,358 |
| Education | 1,352 |
| Wholesale and retail trade | 1,329 |
| Operations with real estate | 1,294 |
| Art, entertainment and leisure | 1,231 |
| Water supply, sewerage and waste management | 1,176 |
| Fishing, agriculture and forestry | 1,087 |
| Administrative and support services | 1,009 |
| Construction | 987 |
| Accommodation and meals | 809 |
| Other | 966 |
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 5–7%, and the income tax rate in 2024 ranges from 19% (income up to 47,537.98 euros per year) to 25% (income over 47,537.98 euros per year). The average monthly wage in Slovakia increased the fastest in the last 19 years
