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Average monthly wage of employee in economy of the SR in the 4th quarter of 2019

Average monthly wage of employee in economy of the SR in the 4th quarter of 2019

Last update: 06.03.2020
Ilustratívny obrázok/Illustrative image
Publisher: Headquarters Bratislava
Topic: Demographic and social statistics
Domain: Labour cost
Publish Date: 06.03.2020

The average nominal monthly wage increased year-on-year by 6,9 % to EUR 1 177

In the 4th quarter of 2019, the average nominal monthly wage of employee in the economy of the SR, increased by 6,9 % and reached EUR 1 177.

Taking into account the inflation rate, the increase of the real wage reached 3,9 %. Compared with the 3rd quarter of 2019, the seasonally adjusted average wage grew by 1,3 %.

Development of average nominal monthly wage - graph

The highest level of average monthly wage was reached in the sector of information and communication (EUR 2 041), financial and insurance activities (EUR 1 903) and electricity, gas, steam and air-conditioning supply (by EUR 1 880). In ten sectors, the wage was lower than the average in the SR economy. The lowest average nominal wage was recorded by employees in accommodation and food service activities (EUR 714), construction (EUR 788) and in other activities (EUR 798).

Compared with the 4th quarter of 2018, the average nominal monthly wage increased in all sectors, relatively the most rapidly in public administration and defense (by 16 %), in arts, entertainment and recreation (by 13,4 %), in education (by 11,4 %) and in health and social care (by 10,9 %).

In territorial terms, the average nominal monthly wage was higher than the average of the total economy of the SR only in Bratislavský kraj (EUR 1 445). In other regions, it ranged from EUR 936 in Prešovský kraj to EUR 1 109 in Trenčiansky kraj.

The average wage increased year-on-year, in all regions with the highest relative increase by 9,1 % in Banskobystrický kraj and by 8,5 % in Nitriansky kraj.

In 2019, the average nominal monthly wage of an employee in economy reached EUR 1 092. It increased by 7,8 %, year-on-year, the real wage rose by 5 %. An increase of the nominal wage was by 1,6 p.p. faster than in the corresponding period last year.


Note: according to quarterly reporting system; incomes of entrepreneurs are not included, data are adjusted by statistical estimation of non-registered wage of employees working for tradesmen
p.p. percentage point
Source: SO SR, DATAcube [pr0204qs, pr0205qs]

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