Minimum wages in Czech Republic were at 518.97 EUR/Month in 2019.

Minimum Wages in Czech Republic averaged 287.41 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. This page provides - Czech Republic Minimum Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news. Czech Republic Gross Minimum Monthly Wage - values, historical data and charts - was last updated on August of 2020.

Minimum Wages in Czech Republic is expected to be 525.00 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 525.00 in 12 months time. In the long-term, the Czech Republic Gross Minimum Monthly Wage is projected to trend around 525.00 EUR/Month in 2021 and 550.00 EUR/Month in 2022, according to our econometric models.

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Czech Republic Gross Minimum Monthly Wage

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

Czech Republic Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.80 3.70 9.69 0.09 percent [+]
Unemployed Persons 278824.00 269637.00 629274.00 3000.00 [+]
Long Term Unemployment Rate 0.60 0.60 4.50 0.60 percent [+]
Youth Unemployment Rate 8.20 7.90 21.80 4.90 percent [+]
Labour Costs 127.78 120.66 127.78 56.23 points [+]
Job Vacancies 334283.00 334904.00 351624.00 30803.00 [+]
Wages 34077.00 36144.00 36144.00 6001.00 CZK/Month [+]
Wages in Manufacturing 33123.00 35151.00 35151.00 11827.00 CZK/Month [+]
Minimum Wages 518.97 518.97 518.97 92.35 EUR/Month [+]
Population 10.68 10.63 10.68 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 60.30 60.50 61.00 58.10 percent [+]
Wage Growth 1.40 3.60 7.40 -3.10 percent [+]
Part Time Employment 313.40 319.50 332.80 190.80 Thousand [+]
Productivity 107.40 105.90 107.40 60.80 points [+]
Employed Persons 5212.59 5277.42 5326.33 4675.90 Thousand [+]
Employment Change 0.00 -0.30 1.60 -1.30 percent [+]
Employment Rate 74.80 75.30 75.40 63.70 percent [+]
Full Time Employment 4839.90 4833.90 4848.70 4306.10 Thousand [+]