The average nominal monthly wage of an employee in the economy of the Slovak Republic reached EUR 1.086, the Statistical Office of the Slovak Republic shows.
Compared with the 1st quarter of last year, it grew by 6,2%, but its dynamics of growth slowed down year-on-year by 0,9%.
Taking into account the inflation rate, the increase of the real wage reached 3,3%. Compared with the 4th quarter of 2019, the seasonally adjusted average wage grew by 1,4%.
The highest level of average monthly wage was reached in the sectors of:
- financial and insurance activities (EUR 2.085),
- electricity, gas, steam and air-conditioning supply (by EUR 2.070),
- information and communication (EUR 1.972).
In eleven sectors, the wage was lower than the average
The lowest average nominal wage was recorded by employees in accommodation and food service activities (EUR 594), in other activities (by EUR 654) and in construction (by EUR 723).
Compared with the corresponding period last year, the average nominal monthly wage increased in all sectors, relatively the most rapidly in electricity, gas, steam and air-conditioning supply (by 13,9 %), in public administration and defense (by 11,6 %) and in education (by 10,1 %).
Highest monthly wage in Bratislavský kraj
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 1.394).
In other regions, it ranged from EUR 834 in Prešovský kraj to EUR 1.007 in Trenčiansky kraj.
The average wage increased year-on-year, in all regions with the highest relative increase by 7,9% in Nitriansky kraj and with 7,8% in Banskobystrický kraj.