Minimum wages in Czech Republic were at 518.97 EUR/Month in 2019. Minimum Wages in Czech Republic averaged 281.76 EUR/Month from 1999 until 2019, reaching an all time high of 518.97 EUR/Month in the second quarter of 2019 and a record low of 92.35 EUR/Month in the second quarter of 1999.

Minimum Wages in Czech Republic is expected to be 518.97 EUR/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Minimum Wages in Czech Republic to stand at 518.97 in 12 months time. In the long-term, the Czech Republic Gross Minimum Monthly Wage is projected to trend around 550.00 EUR/Month in 2020, according to our econometric models.

Czech Republic Gross Minimum Monthly Wage
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Czech Republic Labour Last Previous Highest Lowest Unit
Unemployment Rate 2.70 2.60 9.69 0.09 percent [+]
Unemployed Persons 205120.00 195723.00 629274.00 3000.00 [+]
Long Term Unemployment Rate 0.70 0.60 4.50 0.60 percent [+]
Youth Unemployment Rate 6.60 7.20 21.80 5.10 percent [+]
Labour Costs 125.92 119.95 125.92 57.46 Index Points [+]
Job Vacancies 346563.00 342510.00 346563.00 30803.00 [+]
Wages 32466.00 33840.00 33840.00 6001.00 CZK/Month [+]
Wages in Manufacturing 31798.00 33512.00 33512.00 11827.00 CZK/Month [+]
Minimum Wages 518.97 468.87 518.97 92.35 EUR/Month [+]
Population 10.61 10.59 10.61 9.59 Million [+]
Retirement Age Women 62.67 62.33 62.67 58.00 [+]
Retirement Age Men 63.33 63.17 63.33 61.00 [+]
Labor Force Participation Rate 60.70 60.50 61.00 58.10 percent [+]
Living Wage Family 20500.00 20900.00 20900.00 17700.00 CZK/Month [+]
Living Wage Individual 15500.00 15700.00 15700.00 12600.00 CZK/Month [+]
Part Time Employment 332.80 327.10 332.80 190.80 Thousand [+]
Productivity 102.30 116.70 123.50 62.40 Index Points [+]
Wages High Skilled 35400.00 32200.00 35400.00 29500.00 CZK/Month [+]
Wage Growth 4.60 4.70 7.40 -3.10 percent [+]
Wages Low Skilled 15700.00 14600.00 15700.00 13400.00 CZK/Month [+]
Employed Persons 5295.93 5305.53 5326.33 4675.90 Thousand [+]
Employment Change 0.40 0.00 1.20 -1.20 percent [+]
Employment Rate 75.00 75.40 75.40 63.70 percent [+]
Full Time Employment 4821.60 4848.70 4848.70 4306.10 Thousand [+]


Czech Republic Gross Minimum Monthly Wage

This page provides - Czech Republic Minimum Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news. Czech Republic Gross Minimum Monthly Wage - actual data, historical chart and calendar of releases - was last updated on August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
518.97 468.87 518.97 92.35 1999 - 2019 EUR/Month Quarterly




Country Last Previous
Argentina 12500.00 Jun/19
Australia 740.80 Jul/19
Brazil 998.00 Aug/19
Canada 14.00 Dec/19
China 2480.00 Apr/19
France 1521.22 Dec/19
Germany 9.19 Jan/19
India 176.00 Dec/18
Indonesia 3.94 Jan/19
Japan 874.00 Oct/18
Mexico 102.68 Jun/19
Netherlands 1635.60 Dec/19
Russia 11163.00 May/18
South Korea 8350.00 Dec/19
Spain 1050.00 Jun/19
Turkey 2558.40 Dec/19
United Kingdom 8.21 Apr/19
United States 7.25 Dec/19


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