Real minimum wages at constant prices — Statutory minimum wages in Slovak Republic

Slovak Republic: Real minimum wages at constant prices — Statutory minimum wages was 11,065 US dollars, exchange rate converted in 2025. ▲ Rising

Latest (2025)
11,065 US dollars, exchange rate converted
Change on year
up 4.6%
Rank
3rd
of 3 groups
All-time high
11,254 US dollars, exchange rate converted
in 2021
All-time low
3,967 US dollars, exchange rate converted
in 1997
Years of data
35
1991–2025

Real minimum wages at constant prices — Statutory minimum wages in Slovak Republic, 1991–2025

02.5k5.0k7.5k10.0k12.5k1991200820251991: 5.1k US dollars, exchange rate converted1992: 5.6k US dollars, exchange rate converted1993: 4.6k US dollars, exchange rate converted1994: 4.4k US dollars, exchange rate converted1995: 4.0k US dollars, exchange rate converted1996: 4.1k US dollars, exchange rate converted1997: 4.0k US dollars, exchange rate converted1998: 4.1k US dollars, exchange rate converted1999: 4.3k US dollars, exchange rate converted2000: 4.6k US dollars, exchange rate converted2001: 4.7k US dollars, exchange rate converted2002: 5.1k US dollars, exchange rate converted2003: 5.3k US dollars, exchange rate converted2004: 5.3k US dollars, exchange rate converted2005: 5.5k US dollars, exchange rate converted2006: 5.7k US dollars, exchange rate converted2007: 6.0k US dollars, exchange rate converted2008: 6.0k US dollars, exchange rate converted2009: 6.5k US dollars, exchange rate converted2010: 6.7k US dollars, exchange rate converted2011: 6.7k US dollars, exchange rate converted2012: 6.7k US dollars, exchange rate converted2013: 6.8k US dollars, exchange rate converted2014: 7.1k US dollars, exchange rate converted2015: 7.7k US dollars, exchange rate converted2016: 8.2k US dollars, exchange rate converted2017: 8.7k US dollars, exchange rate converted2018: 9.4k US dollars, exchange rate converted2019: 9.9k US dollars, exchange rate converted2020: 10.8k US dollars, exchange rate converted2021: 11.3k US dollars, exchange rate converted2022: 10.3k US dollars, exchange rate converted2023: 10.1k US dollars, exchange rate converted2024: 10.6k US dollars, exchange rate converted2025: 11.1k US dollars, exchange rate converted

Source: Organisation for Economic Co-operation and Development. Measured in US dollars, exchange rate converted.

Analysis

In 2025, real minimum wages at constant prices — statutory minimum wages in Slovak Republic stood at 11,065 US dollars, exchange rate converted.

That represents a change of up 4.6% on the previous year and up 44.5% over ten years.

Over the whole period, real minimum wages at constant prices — statutory minimum wages in Slovak Republic peaked at 11,254 US dollars, exchange rate converted in 2021 and was at its lowest, 3,967 US dollars, exchange rate converted, in 1997.

The long-run direction has been consistently rising across the 35 years of available data.

Averages by decade

DecadeAverage LowestHighest Years
1990s 4,480 US dollars, exchange rate converted 3,967 US dollars, exchange rate converted 5,574 US dollars, exchange rate converted 9
2000s 5,476 US dollars, exchange rate converted 4,559 US dollars, exchange rate converted 6,535 US dollars, exchange rate converted 10
2010s 7,771 US dollars, exchange rate converted 6,657 US dollars, exchange rate converted 9,876 US dollars, exchange rate converted 10
2020s 10,699 US dollars, exchange rate converted 10,144 US dollars, exchange rate converted 11,254 US dollars, exchange rate converted 6

Countries ranked near Slovak Republic

  1. 1 Luxembourg 36,365 US dollars, exchange rate converted compare
  2. 2 United Kingdom 32,912 US dollars, exchange rate converted compare
  3. 3 Ireland 31,730 US dollars, exchange rate converted compare
  4. 4 Australia 31,225 US dollars, exchange rate converted compare
  5. 5 Germany 29,303 US dollars, exchange rate converted compare
  6. 6 Belgium 28,590 US dollars, exchange rate converted compare

See the full ranking of 36 places →

More economy & growth data for Slovak Republic

All data for Slovak Republic →

Frequently asked questions

What is real minimum wages at constant prices — statutory minimum wages in Slovak Republic?
Real minimum wages at constant prices — statutory minimum wages in Slovak Republic was 11,065 US dollars, exchange rate converted in 2025, according to Organisation for Economic Co-operation and Development.
What is the highest real minimum wages at constant prices — statutory minimum wages recorded in Slovak Republic?
The highest recorded value was 11,254 US dollars, exchange rate converted in 2021.
What is the lowest real minimum wages at constant prices — statutory minimum wages recorded in Slovak Republic?
The lowest recorded value was 3,967 US dollars, exchange rate converted in 1997.
How does Slovak Republic rank for real minimum wages at constant prices — statutory minimum wages?
Slovak Republic ranks 3rd out of 3 groups with data for 2025.
Is real minimum wages at constant prices — statutory minimum wages rising or falling in Slovak Republic?
Over the last ten years it is up 44.5%. The long-run trend across the full record is rising.
Where does this Slovak Republic data come from?
The figures come from Organisation for Economic Co-operation and Development, published as part of Real minimum wages at constant prices — Statutory minimum wages. Statizoid updates them automatically from the source API.

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Real minimum wages at constant prices — Statutory minimum wages in Slovak Republic. Statizoid, drawing on Organisation for Economic Co-operation and Development. Retrieved 22 August 2026, from https://economy.statizoid.com/stat/real-minimum-wages-at-constant-prices-statutory-minimum-wages/slovak-republic-2/

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About this data

Indicator
Real minimum wages at constant prices — Statutory minimum wages
Unit
US dollars, exchange rate converted
Source
Organisation for Economic Co-operation and Development
Licence
OECD Terms and Conditions (attribution required)
Coverage
36 places, 1,478 data points, 1960–2025
Last refreshed

Real minimum wages are statutory minimum wages converted into a common hourly and annual pay period for the 30 OECD countries and two other non-member countries for which they are available. Real hourly and annual minimum wages are calculated first by deflating the series using the consumer price index taking 2024 as the base year then converted into common currency units 1) US dollars (USD) and 2) USD using Purchasing Power Parities (PPPs) for private consumption expenditures in 2024.