Market Intelligence Reports

Global Market Report Q4 2021

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64 Slovakia Q4 2021 Total Labor Force (000s) 2,724 Employed Workers (000s) 2,539 Unemployed Workers (000s) 185 Unemployment Rate 6.8% 2,589 2,565 2,484 2,510 2,539 Q4 2019 Q2 2020 Q4 2020 Q2 2021 Q4 2021 5.0% 6.6% 7.4% 8.0% 6.8% Q4 2019 Q2 2020 Q4 2020 Q2 2021 Q4 2021 48% - First Vaccine Dose (December 2021) Covid Update Slovakia has recently re- opened some nonessential shops and services to the vaccinated. Discussions concerning making vaccines mandatory for the over 60s and offering cash incentives. 36% 21% 20% 0% 25% 50% 75% Employer Tax Profit Tax VAT Slovakia Regional Average Other Cost Considerations - Tax Indicative Wages (USD) $1,428 $1,409 $4.09 $0 $5 $10 $15 $0 $2,500 $5,000 $7,500 Average Wage Manufacturing Wage Minimum Wage Slovakia Regional Average Year on year wage inflation in September '21 was 2.5%. 17,732 0 5,000 10,000 15,000 20,000 25,000 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 2019 2020 2021 Working Population (in Thousands) Over Time Unemployment Rate Over Time Labor Force Statistics Hiring Demand Trend EUROSTAT Monthly Hourly Key Sources: https://wageindicator.org/ https://ilostat.ilo.org/ https://www.worldbank.org/ https://tradingeconomics.com/ https://home.kpmg/xx/en/home.html https://taxsummaries.pwc.com/ https://ec.europa.eu/eurostat

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