Wages in Czech Republic decreased to 31516 CZK/Month in the third quarter of 2018 from 31851 CZK/Month in the second quarter of 2018. Wages in Czech Republic averaged 19104.93 CZK/Month from 1994 until 2018, reaching an all time high of 31851 CZK/Month in the second quarter of 2018 and a record low of 6001 CZK/Month in the first quarter of 1994.

Wages in Czech Republic is expected to be 33500.00 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 30623.58 in 12 months time. In the long-term, the Czech Republic Average Monthly Wages is projected to trend around 38000.00 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 2.80 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 316884.00 316132.00 316884.00 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 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 December of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
31516.00 31851.00 31851.00 6001.00 1994 - 2018 CZK/Month Quarterly
Current Prices, NSA




Country Last Previous
Argentina 31437.00 Aug/18
Australia 1207.40 Jun/18
Brazil 2230.00 Oct/18
Canada 25.24 Sep/18
China 74318.00 Dec/17
France 2998.00 Dec/15
Germany 3875.00 Jun/18
India 272.19 Dec/14
Italy 2434.00 Dec/17
Japan 304414.00 Oct/18
Mexico 350.62 Oct/18
Russia 42000.00 Oct/18
Singapore 4962.00 Sep/18
South Africa 20176.00 Jun/18
South Korea 3737254.00 Sep/18
Spain 1951.81 Jun/18
Switzerland 6260.00 Dec/17
Turkey 2207.00 Dec/14
United Kingdom 524.00 Sep/18
United States 22.95 Nov/18


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