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.