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FX.co ★ Slovakia Real Wage Growth Accelerates in Q1

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typeContent_19130:::2026-06-02T07:17:10

Slovakia Real Wage Growth Accelerates in Q1

In the first quarter of 2026, real wages in Slovakia rose by 2.3% year-on-year, up from a 1.9% increase in the previous quarter, marking the tenth consecutive quarter of real wage growth. The average nominal monthly wage climbed by 6.1% to EUR 1,611, an increase of EUR 93 compared with a year earlier.

Nominal wages increased in 18 of the 19 monitored sectors, with education recording the strongest growth of 14.5%, mainly as a result of wage indexation measures. However, real wages declined in six sectors, with the sharpest drops in mining and quarrying (-3.7%) and in information and communication (-3.4%).

In industry, real wages rose by 2.2%, with the average monthly wage reaching EUR 1,721, while the trade sector posted a 0.8% real wage increase, with average pay at EUR 1,518. Overall, in the first quarter of 2026, the average gross monthly wage increased by 6.0% to EUR 1,721, and its real value went up by 2.2%.

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