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Key Facts: Slovakia Wages

Country
Slovakia (SVK)
Continent
Europe
Currency
Euro (EUR)
Minimum Wage
€5.26 /hr ($5.99 USD)
Average Gross Monthly Salary
€1,580 /month
Average Gross Annual Salary
€18,960 /year
Median Individual Income
€11,400 /year
Standard Work Week
40 hours
Data Source
Ministry of Labour, Social Affairs and Family (Oznámenie MPSVaR SR č. 245/2025 Z. z.)
Last Updated
2026-05-24
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Slovakia — Average Salary & Wages

Euro (EUR) Data verified Jan 2025 Sources

The average salary in Slovakia is

€18,960 a year

But half of all workers earn less than €11,400 .

The average is lifted by bonuses and high earners. Most workers earn less than that.

Minimum wage €5.26 /hr, up 58% in 6 years Average pay ranks #57 of 206 worldwide Take-home is about 76% of gross

The minimum wage in Slovakia is €5.26/hr ($5.99 USD) as of 2026. The average gross monthly salary is €1,580 ($1,798.52 USD). The median monthly income is €950 ($1,081.39 USD).

Slovakia's minimum wage is among the lowest for Europe, ranking #25 out of 40 countries with statutory minimum wages. Over the past 6 years, the minimum wage has increased by 58% in nominal terms. The standard work week is 40 hours.

Average gross monthly earnings for full-time employees. Net estimated after 19% income tax and social/health insurance contributions.

Minimum Wage Trend

Since 2020, the minimum wage has grown +58% in nominal terms.

Nominal wage
Compare Slovakia with other countries

• PPP ADJUSTED

€5.26/hr $10.52/hr purchasing power

In Slovakia, the minimum wage has the purchasing power of $10.52/hr in the United States, adjusted for local cost of living using the World Bank PPP conversion factor.

In Context

At minimum wage, a full-time worker in Slovakia earns €912/mo. That is 58% of the average gross salary.

Monthly (full-time)
€912 at min. wage
Share of avg. salary
58% gross, before tax
USD equivalent
$1,038.13/mo monthly
Nominal growth
+58% since 2020

Wage Breakdown

Hourly
€5.26
Monthly
€915
Annual
€10,980Based on 12 monthly payments

Minimalna mzda. Set annually by the Government. Slovakia also has 6 levels of minimum wage claims based on the degree of job difficulty, ranging from 1x to 2x the base minimum wage. Slovakia adopted the euro in 2009.

Work Week

Standard
40 hrs/wk
Maximum
48 hrs/wk
Overtime
1.25x pay

Standard workweek is 40 hours. Overtime limited to 150 hours/year (extendable to 400 by agreement). Overtime premium at least 25% of earnings. Night work, weekend, and holiday work have separate premiums.

How Slovakia Compares

How Slovakia wages compare to Europe averages and highest values
Metric Slovakia Europe Avg.
Min. wage (USD equiv.) $5.99/hr $8.37/hr
Avg. salary (USD equiv.) $1,798.52/mo $3,218.62/mo

Countries with Similar Minimum Wages

Countries with minimum wages similar to Slovakia
Country Min. Wage /hr (USD)
Anguilla $6.00
Hungary $5.96
Portugal $6.04
Greece $6.04
Saint Helena, Ascension and Tristan da Cunha $6.06
Slovakia $5.99

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Cost of Living

Wages tell half the story. See purchasing power, prices, and quality-of-life context for Slovakia on our sister site.

Cost of living in Slovakia on costofliving.is →

Frequently Asked Questions

What is the minimum wage in Slovakia?

The minimum wage in Slovakia is €5.26/hr (approximately $5.99 USD), effective since 2026-01-01. Minimalna mzda. Set annually by the Government. Slovakia also has 6 levels of minimum wage claims based on the degree of job difficulty, ranging from 1x to 2x the base minimum wage. Slovakia adopted the euro in 2009.

What is the average salary in Slovakia?

The average gross monthly salary in Slovakia is €1,580 (approximately $1,798.52 USD). Average gross monthly earnings for full-time employees. Net estimated after 19% income tax and social/health insurance contributions. Source: Statistical Office of the Slovak Republic (2025).

How many hours is the standard work week in Slovakia?

The standard work week in Slovakia is 40 hours, with a legal maximum of 48 hours. Overtime is paid at 1.25x the normal rate. Standard workweek is 40 hours. Overtime limited to 150 hours/year (extendable to 400 by agreement). Overtime premium at least 25% of earnings. Night work, weekend, and holiday work have separate premiums.

How has the minimum wage in Slovakia changed over time?

The minimum wage in Slovakia has changed as follows: €580 in 2020, €623 in 2021, €646 in 2022, €700 in 2023, €750 in 2024, €816 in 2025, €915 in 2026. This represents 7 recorded adjustments.

What is the minimum wage in Slovakia in USD?

The minimum wage in Slovakia converts to approximately $5.99/hr in US dollars, based on current exchange rates. Actual purchasing power may differ due to local cost of living.

What is the average salary in Slovakia in USD?

The average gross monthly salary in Slovakia is approximately $1,798.52 per month in US dollars, based on current exchange rates. Actual purchasing power may differ due to local cost of living.

How does Slovakia's minimum wage compare to the Europe average?

Slovakia's minimum wage ranks #25 out of 40 countries with statutory minimum wages in Europe, placing it below the median for Europe.

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