Wages in Czech Republic increased to 34271 CZK/Month in the second quarter of 2020 from 34077 CZK/Month in the first quarter of 2020.

Wages in Czech Republic averaged 20108.03 CZK/Month from 1994 until 2020, reaching an all time high of 36144 CZK/Month in the fourth quarter of 2019 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 October of 2020.

Wages in Czech Republic is expected to be 33326.00 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 34717.00 in 12 months time. In the long-term, the Czech Republic Average Monthly Wages is projected to trend around 36319.00 CZK/Month in 2021 and 37373.00 CZK/Month in 2022, according to our econometric models.

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Czech Republic Average Monthly Wages

Actual Previous Highest Lowest Dates Unit Frequency
34271.00 34077.00 36144.00 6001.00 1994 - 2020 CZK/Month Quarterly
Current Prices, NSA

Czech Republic Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.80 3.80 9.69 0.09 percent [+]
Unemployed Persons 277015.00 279078.00 629274.00 3000.00 [+]
Long Term Unemployment Rate 0.50 0.50 4.50 0.50 percent [+]
Youth Unemployment Rate 8.80 8.90 21.80 4.80 percent [+]
Labour Costs 128.23 127.78 128.23 56.23 points [+]
Job Vacancies 316658.00 340823.00 351624.00 30803.00 [+]
Wages 34271.00 34077.00 36144.00 6001.00 CZK/Month [+]
Wages in Manufacturing 32707.00 33123.00 35151.00 11827.00 CZK/Month [+]
Minimum Wages 546.00 574.62 574.62 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 -2.50 1.40 7.40 -3.10 percent [+]
Part Time Employment 286.30 306.30 332.80 190.80 Thousand [+]
Productivity 106.10 107.40 107.40 60.80 points [+]
Employed Persons 5212.59 5277.42 5326.33 4675.90 Thousand [+]
Employment Change -1.40 0.00 1.60 -1.40 percent [+]
Employment Rate 74.10 74.80 75.40 63.70 percent [+]
Full Time Employment 4778.10 4819.90 4848.70 4306.10 Thousand [+]


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