SK · 2020 · tesem170

Nominal unit labour cost growth

Slovakia, 2020

Nominal unit labour cost growth
4.60
Slovakia, 2020
▼ 14.8% vs 2019 (5.40)
Analysis

In 2020, Slovakia's nominal unit labour cost growth decreased by 14.8% compared to 2019, reaching 4.60.

Slovakia accounts for 107.0% of the EU-27 total of 4.30.

Slovakia ranks 17th out of 26 EU member states with reported data — in the bottom half of the distribution.

Over the past five years, the indicator has grown by 1050.0% (from 0.40 in 2015).

Source: Eurostat dataset tesem170, accessed via the eupublicdata pipeline.

Rank in EU-27 · 2020
#17 of 26
% of EU-27 total · 2020
107.0%
EU-27: 4.30
Slovakia timeline (last 15 years)
2011 2025