SK · 2021 · tesem170

Nominal unit labour cost growth

Slovakia, 2021

Nominal unit labour cost growth
0.60
Slovakia, 2021
▼ 87.0% vs 2020 (4.60)
Analysis

In 2021, Slovakia's nominal unit labour cost growth decreased by 87.0% compared to 2020, reaching 0.60.

Slovakia ranks 15th out of 17 EU member states with reported data — in the bottom half of the distribution.

Over the past five years, the indicator has fallen by 77.8% (from 2.70 in 2016).

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

Rank in EU-27 · 2021
#15 of 17
Slovakia timeline (last 15 years)
2011 2025