Slovakia Average Salaries & Expenditures

 
Contents
Average Employment Income   Average Salary per Job   Average Salary per Sector   Total Personal Average Income   Consumption Expenditure
Workforce Composition   Exchange Rates   Cost of Living   References
 

Average Employment Income

:
annual, per worker, incl. dependent & self employment
   Disposable   Gross (1)   
2003
9,784
147,344
  
12,511
188,412
  
constant 2005 US$ at PPP
current korunas
(1)    Based on salary & business average income per capita and proportion of employed workforce to total population.
Source: Household Budget Survey [9], 2003.
 
 

Average Salary in Slovakia - Job and Sector Comparison.

Job  Net Monthly Income  constant 2005 US$ (1) Notes                                                                               Gross Monthly Average Income (2) Compulsory Deductions (3) Weekly Hours (4)
 
Engineer average income PPP $ 1,359 $ 699 Employees, chemical engineer, 2004. 27,960 korunas 22% 32.6
Computer Programmer average income PPP $ 1,346 $ 692 Employees, all industries, 2004. 27,703 korunas 22% 33.6
Accountant average income PPP $ 1,256 $ 646 Employees, 2004. 25,858 korunas 22% 32.7
Dentist average income PPP $ 1,195 $ 614 Employees, 2004. 24,589 korunas 22% 32.7
Flight Attendant average income PPP $ 1,046 $ 456 Employees, 2003. 20,186 korunas 22% 33.0
Wood Grinder average income PPP $ 956 $ 492 Employees, 2004. 19,681 korunas 22% 33.0
Miner average income PPP $ 929 $ 405 Employees, men, 2003. 17,934 korunas 22% 32.3
Office Clerk average income PPP $ 886 $ 456 Employees, 2004. 18,235 korunas 22% 32.5
Bus Driver average income PPP $ 884 $ 455 Employees, 2004. 18,194 korunas 22% 34.4
Firefighter average income PPP $ 868 $ 446 Employees, 2004. 17,862 korunas 22% 33.8
Car Mechanic average income PPP $ 795 $ 409 Employees, 2004. 16,355 korunas 22% 32.9
Professor average income PPP $ 737 $ 228 Employees, 2001. 12,801 korunas 22% 32.1
Teacher average income PPP $ 706 $ 363 First-level education teacher. Employees, 2004. 14,526 korunas 22% 31.1
Carpenter average income PPP $ 698 $ 359 Employees, 2004. 14,356 korunas 22% 33.4
Postman average income PPP $ 693 $ 218 Employees, 2000. 11,365 korunas 22% 31.5
Auxiliary Nurse average income PPP $ 659 $ 339 Employees, 2004. 13,557 korunas 22% 31.9
Furniture Finisher average income PPP $ 603 $ 310 Employees, 2004. 12,410 korunas 22% 33.4
Physiotherapist average income PPP $ 599 $ 308 Employees, 2004. 12,317 korunas 22% 32.5
Hotel Receptionist average income PPP $ 556 $ 286 Employees, 2004. 11,440 korunas 22% 34.1
Baker average income PPP $ 533 $ 274 Employees, 2004. 10,960 korunas 22% 34.2
Garment Cutter average income PPP $ 532 $ 273 Employees, 2004. 10,946 korunas 22% 33.1
Chambermaid average income PPP $ 392 $ 201 Employees, 2004. 8,064 korunas 22% 32.3
Salesperson average income PPP $ 378 $ 194 Employees, 2004. 7,772 korunas 22% 33.0
Sector              
Financial average income PPP $ 1,624 $ 881 Employees, 2005. Excl. enterprises with less than 20 employees. 34,950 korunas 22% 33.2
Gas-Electricity-Water average income PPP $ 1,208 $ 656 Employees, 2005. Excl. enterprises with less than 20 employees. 26,009 korunas 22% 31.8
Real Estate average income PPP $ 1,001 $ 543 Employees, 2005. Excl. enterprises with less than 20 employees. 21,550 korunas 22% 33.5
Mining-Quarrying average income PPP $ 879 $ 477 Employees, 2005. Excl. enterprises with less than 20 employees. 18,923 korunas 22% 32.5
Transport-Communication average income PPP $ 852 $ 462 Employees, 2005. Excl. enterprises with less than 20 employees. 18,340 korunas 22% 32.1
Manufacturing average income PPP $ 818 $ 444 Employees, 2005. Excl. enterprises with less than 20 employees. 17,604 korunas 22% 32.8
All Sectors average income PPP $ 802 $ 435 Employees, 2005. Excl. enterprises with less than 20 employees. 17,274 korunas 22% 32.1
Education average income PPP $ 661 $ 359 Employees, 2005. Excl. enterprises with less than 20 employees. 14,224 korunas 22% 28.8
Construction average income PPP $ 644 $ 350 Employees, 2005. Excl. enterprises with less than 20 employees. 13,867 korunas 22% 34.2
Hotels-Restaurants average income PPP $ 617 $ 335 Employees, 2005. Excl. enterprises with less than 20 employees. 13,280 korunas 22% 34.2
 
  (1) The net average income in "constant 2005 US$" is computed using the Interbank nominal exchange rate [a] and the U.S. inflation rate [d]. The net average income in "constant 2005 US$" at PPP is computed using the IMF PPP exchange rate [d] and the U.S. inflation rate [d]. The latter reflects the purchasing power in the United States in 2005.
  (2) The gross monthly average income is based on data supplied by the Štatistický úrad Slovenskej republiky of the average salary and wages of paid employees, as to the International Labour Organization [9]. The income excludes earnings not related to employment, and employees include both men and women.
  (3) The compulsory deductions are obtained from the OECD tax database [k]. The deductions include social security and income tax and are representative of single-earner-married-without-child status.and take into account family benefits in terms of cash transfers.
  (4) The weekly hours are based on data supplied by the Štatistický úrad Slovenskej republiky to the International Labour Organization [9]. The hours by job and by sector correspond to the hours actually worked.
 
 
 
 

Personal Average Income

:
annual, per capita, incl. non-monetary income
   Disposable   Gross   Salary   Business   Property   Transfer (1)    
2003
5,165
77,784
  
6,604
99,444
  
4,880
73,489
  
310
4,674
  
33
497
  
1,294
19,491
  
constant 2005 US$ at PPP
current korunas
(1)    Incl. social security, and other transfers.
Source: Household Budget Survey [9], 2003.
 

Consumption Expenditure

:
annual, per capita, excl. non-monetary expenditure
   Total   Health   Housing (1)  Food (2)  Apparel   Education   Transport     
2003
5,011
75,468
  
103
1,554
  
1,290
19,428
  
1,290
19,428
  
368
5,536
  
32
486
  
451
6,799
  
constant 2005 US$ at PPP
current korunas
(1)    Excl. owner imputed rent; Incl. actual rentals, water, supply, repairs, fuel, lighting, furniture and household equipment.
(2)    Excl. alcohol, tobacco, and narcotics.
Source: Household Budget Survey [9], 2003.
 

Workforce Composition

:
percentage of total workforce
   Primary (1)  Manufacturing   Education   Financial   Paid Employees   Unemployed  
2005 5.4   26.7   7.4   2.2   55.5   19.3  
%
(1)    Agriculture, hunting, forestry, fishing, mining, and quarrying.
Source: International Labour Organization [9].
 

Workforce Size

 :  
2.22 million (2005).
Source:   International Labour Organization [9].
 

Population

 :  
5.44 million (2006).
Source:   CIA World Factbook [b].
 

Compulsory Deductions

 :  
22.1% for a single with no child, 16.7% for a single with two children, 14.4% for a one-earner married couple with no child, and 9.0% for a one-earner married couple with two children.
Source:   OECD Tax Database [k], 2005, combined deductions including family allowances in terms of cash transfers on a gross monthly salary income of 18,065 korunas.
 

Inflation

 :  
148.4 (2000), 159.3 (2001), 164.6 (2002), 178.7 (2003), 192.4 (2004), 198.3 (2005);
Source:   IMF inflation rates [d], Index: 1995=100.
 

PPP Exchange Rate

 :  
14.50 (2000), 14.93 (2001), 15.34 (2002), 15.97 (2003), 16.53 (2004), 16.79 (2005);
Source:   IMF PPP exchange rates [d], korunas per U.S. dollar.
 

Nominal Exchange Rate

 :  
46.10 (2000), 48.29 (2001), 45.09 (2002), 36.60 (2003), 32.15 (2004), 30.94 (2005);
Source:   Interbank nominal exchange rates [a], korunas per U.S. dollar.
 

Cost of Living

 :  
0.315 (2000), 0.309 (2001), 0.340 (2002), 0.436 (2003), 0.514 (2004), 0.543 (2005);
Source:   Interbank nominal exchange rates [a] and IMF PPP exchange rates [d], US=1.000.
 

 

References
 
[9]   International Labour Organization. Compilation of average salary income worldwide. Classified by country, by employment category, and by gender.
[a]   Interbank nominal exchange rate, Oanda.com; historical currency converter for over 164 currencies and 3 metals.
[b]   CIA World Factbook.
[d]   World Economic Outlook Database, September 2006, International Monetary Fund.
[e]   Vacation - Wikipedia, from Wikipedia, the free encyclopedia.
[k]   OECD Tax Database. Annual database providing comparative information on personal and corporate income tax and consumption tax systems and rates in OECD countries since 2000. Information on social security contributions levied on employees and their employers is also reported.
 
Other links:
Social Security in Slovakia, Social Security Programs Throughout the World, 2004-2005, compiled by the U.S. Social Security Administration.
Slovakia Economy Overview, CIA World Factbook.
Slovakia: Selected Internet Resources, U.S. Library of Congress.
Slovakia: Statistics, Organization for Economic Co-Operation and Development (OECD).
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