Slovenia’s Average Gross Pay Rose to €2,010 in March, Net Pay €1,291

By , 17 May 2021, 15:15 PM Business
Slovenia’s Average Gross Pay Rose to €2,010 in March, Net Pay €1,291 pxfuel.com CC-by-0

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STA, 17 May 2021 - The average gross pay in March was EUR 2,010, up 3.3% nominally and 3% in real terms compared to February. The average net pay for March was EUR 1,291, which was 3% higher nominally and 2.7% higher in real terms, the Statistics Office said on Monday. Pay was also higher on an annual basis.

The average gross pay in March this year was 14.3% higher than in March 2020, when the country was gripped by the Covid-19 epidemic. The average net pay rose by 12.6% year-on-year.

Average gross pay for March was also higher on a monthly basis in both the public and private sectors, by 4.1% and 2.8%, respectively.

Compared to February, the average gross pay for March increased the most in financial and insurance services, by 32%, mainly due to higher exceptional payments.

The financial and insurance services also recorded the highest average gross pay in March, totalling EUR 3,345.

By statistical region, gross wages in March were higher across the country, with the biggest increase recorded in the region of Pomurje (6.7%) and the smallest in Central Slovenia (2.1%).

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Figure: SURS

Related: Is Slovenia a Rich or Poor Country?

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