Minimum wages in the Czech Republic decreased to 468.87 EUR/Month in the second half of 2018 from 477.78 EUR/Month in the first half. Minimum Wages in Czech Republic averaged 275.83 EUR/Month from 1999 until 2018, reaching an all time high of 477.78 EUR/Month in the second quarter of 2018 and a record low of 92.35 EUR/Month in the second quarter of 1999.

Minimum Wages in Czech Republic is expected to be 468.87 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 510.00 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 2.80 2.80 9.69 0.09 percent [+]
Unemployed Persons 215010.00 215622.00 629274.00 3000.00 [+]
Long Term Unemployment Rate 0.70 0.80 4.50 0.70 percent [+]
Youth Unemployment Rate 5.20 6.30 21.80 5.00 percent [+]
Labour Costs 114.67 116.19 119.71 57.46 Index Points [+]
Job Vacancies 323542.00 316884.00 323542.00 30803.00 [+]
Wages 31516.00 31851.00 31851.00 6001.00 CZK/Month [+]
Wages in Manufacturing 31057.00 32355.00 32355.00 11827.00 CZK/Month [+]
Minimum Wages 468.87 477.78 477.78 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 60.50 60.30 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 323.50 320.20 323.50 190.80 Thousand [+]
Productivity 120.10 107.60 123.50 62.40 Index Points [+]
Wages High Skilled 35400.00 32200.00 35400.00 29500.00 CZK/Month [+]
Wage Growth 6.00 6.20 7.40 -3.10 percent [+]
Wages Low Skilled 15700.00 14600.00 15700.00 13400.00 CZK/Month [+]
Employed Persons 5257.26 5289.07 5289.07 4675.90 Thousand [+]
Employment Change 0.60 0.60 1.20 -1.20 percent [+]
Employment Rate 74.70 74.20 74.70 63.70 percent [+]
Full Time Employment 4817.50 4794.20 4817.50 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 December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
468.87 477.78 477.78 92.35 1999 - 2018 EUR/Month Quarterly




Country Last Previous
Argentina 11300.00 Dec/18
Australia 719.20 Jul/18
Brazil 954.00 Dec/18
Canada 14.00 Dec/18
China 2420.00 Apr/18
France 1498.47 Dec/18
Germany 8.84 Jan/18
Indonesia 3.60 Jan/18
Japan 848.00 Dec/18
Mexico 88.36 Oct/18
Netherlands 1594.20 Dec/18
Russia 11163.00 May/18
South Korea 7530.00 Dec/18
Spain 858.55 Dec/18
Turkey 2029.50 Dec/18
United Kingdom 7.83 Apr/18
United States 7.25 Dec/18


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