Wages in Czech Republic increased to 38275 CZK/Month in the second quarter of 2021 from 35285 CZK/Month in the first quarter of 2021. source: Czech Statistical Office

Wages in Czech Republic averaged 20718.15 CZK/Month from 1994 until 2021, reaching an all time high of 38584 CZK/Month in the fourth quarter of 2020 and a record low of 6001 CZK/Month in the first quarter of 1994. This page provides - Czech Republic Average Monthly Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news. Czech Republic Average Monthly Wages - values, historical data and charts - was last updated on September of 2021.

Wages in Czech Republic is expected to be 36641.00 CZK/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the Czech Republic Average Monthly Wages is projected to trend around 40577.00 CZK/Month in 2022 and 41753.00 CZK/Month in 2023, according to our econometric models.

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Czech Republic Average Monthly Wages

Actual Previous Highest Lowest Dates Unit Frequency
38275.00 35285.00 38584.00 6001.00 1994 - 2021 CZK/Month Quarterly
Current Prices, NSA

Czech Republic Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.60 3.70 9.69 0.09 percent [+]
Unemployed Persons 267889.00 272178.00 629274.00 3000.00 [+]
Long Term Unemployment Rate 0.70 0.70 4.50 0.50 percent [+]
Youth Unemployment Rate 8.00 7.10 22.60 4.50 percent [+]
Labour Costs 130.82 131.97 132.25 56.23 points [+]
Job Vacancies 363114.00 358152.00 363114.00 30803.00 [+]
Wages 38275.00 35285.00 38584.00 6001.00 CZK/Month [+]
Wages in Manufacturing 36554.00 33833.00 36563.00 11827.00 CZK/Month [+]
Minimum Wages 596.36 579.22 596.36 92.35 EUR/Month [+]
Population 10.70 10.68 10.70 9.59 Million [+]
Retirement Age Women 63.83 63.67 63.83 58.00 [+]
Retirement Age Men 63.83 63.67 63.83 61.00 [+]
Part Time Employment 277.10 280.50 332.80 190.80 Thousand [+]
Labor Force Participation Rate 59.80 59.90 61.00 58.10 percent [+]
Wage Growth 8.20 1.00 8.20 -3.10 percent [+]
Productivity 108.10 109.50 111.50 60.80 points [+]
Employed Persons 5171.25 5195.00 5326.33 4675.90 Thousand [+]
Employment Change 0.30 -0.50 1.20 -1.50 percent [+]
Employment Rate 74.10 74.30 75.40 63.70 percent [+]
Full Time Employment 4746.20 4788.80 4848.70 4306.10 Thousand [+]


Czech Republic Average Monthly Wages
In Czech Republic, wages are benchmarked using average monthly earnings.