Nominal unit labour cost growth

In 2024, Slovakia's nominal unit labour cost growth decreased by 34.5% compared to 2023, reaching 5.50.

Slovakia accounts for 110.0% of the EU-27 total of 5.00.

Slovakia ranks 15th out of 27 EU member states with reported data — in the bottom half of the distribution.

Over the past five years, the indicator has grown by 1.9% (from 5.40 in 2019).

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