Wages in Czech Republic increased to 34105 CZK/Month in the second quarter of 2019 from 32466 CZK/Month in the first quarter of 2019. Wages in Czech Republic averaged 19541.78 CZK/Month from 1994 until 2019, reaching an all time high of 34105 CZK/Month in the second quarter of 2019 and a record low of 6001 CZK/Month in the first quarter of 1994.

Wages in Czech Republic is expected to be 32934.00 CZK/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in Czech Republic to stand at 33537.00 in 12 months time. In the long-term, the Czech Republic Average Monthly Wages is projected to trend around 37625.00 CZK/Month in 2020, according to our econometric models.

Czech Republic Average Monthly Wages
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Czech Republic Labour Last Previous Highest Lowest Unit
Unemployment Rate 2.70 2.70 9.69 0.09 percent [+]
Unemployed Persons 204789.00 205120.00 629274.00 3000.00 [+]
Long Term Unemployment Rate 0.70 0.60 4.50 0.60 percent [+]
Youth Unemployment Rate 7.00 6.70 21.80 5.10 percent [+]
Labour Costs 122.10 125.92 125.92 57.46 Index Points [+]
Job Vacancies 350564.00 346563.00 350564.00 30803.00 [+]
Wages 34105.00 32466.00 34105.00 6001.00 CZK/Month [+]
Wages in Manufacturing 34364.00 31798.00 34364.00 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 60.50 60.80 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 110.60 102.30 123.50 62.40 Index Points [+]
Wages High Skilled 35400.00 32200.00 35400.00 29500.00 CZK/Month [+]
Wage Growth 4.30 4.60 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 0.00 0.60 1.60 -1.30 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 Average Monthly Wages

In Czech Republic, wages are benchmarked using average monthly earnings. This page provides - Czech Republic Average Monthly Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news. Czech Republic Average Monthly Wages - actual data, historical chart and calendar of releases - was last updated on September of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
34105.00 32466.00 34105.00 6001.00 1994 - 2019 CZK/Month Quarterly
Current Prices, NSA




Country Last Previous
Argentina 42208.00 May/19
Australia 1237.90 Jun/19
Brazil 2286.00 Jul/19
Canada 25.74 Jun/19
China 82461.00 Dec/18
France 2988.00 Dec/16
Germany 3932.00 Mar/19
India 272.19 Dec/14
Italy 2467.00 Dec/18
Japan 427395.00 Jul/19
Mexico 380.72 Jul/19
Russia 45900.00 Jul/19
Singapore 5225.00 Jun/19
South Africa 20855.00 Mar/19
South Korea 3585588.00 Jun/19
Spain 1992.18 Jun/19
Switzerland 6291.00 Dec/18
United Kingdom 542.00 Jul/19
United States 23.59 Aug/19


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