Wages in Czech Republic increased to 38525 CZK/Month in the fourth quarter of 2020 from 35402 CZK/Month in the third quarter of 2020. source: Czech Statistical Office

Wages in Czech Republic averaged 20420.17 CZK/Month from 1994 until 2020, reaching an all time high of 38525 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 April of 2021.

Wages in Czech Republic is expected to be 34520.00 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 35933.00 in 12 months time. In the long-term, the Czech Republic Average Monthly Wages is projected to trend around 36472.00 CZK/Month in 2022 and 37530.00 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
38525.00 35402.00 38525.00 6001.00 1994 - 2020 CZK/Month Quarterly
Current Prices, NSA

Czech Republic Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.20 4.30 9.69 0.09 percent [+]
Unemployed Persons 306616.00 311463.00 629274.00 3000.00 [+]
Long Term Unemployment Rate 0.60 0.50 4.50 0.50 percent [+]
Youth Unemployment Rate 9.30 10.80 21.80 4.80 percent [+]
Labour Costs 129.79 120.18 129.79 56.23 points [+]
Job Vacancies 338862.00 330735.00 351624.00 30803.00 [+]
Wages 38525.00 35402.00 38525.00 6001.00 CZK/Month [+]
Wages in Manufacturing 36569.00 33643.00 36569.00 11827.00 CZK/Month [+]
Minimum Wages 579.22 546.00 579.22 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 [+]
Labor Force Participation Rate 59.90 59.90 61.00 58.10 percent [+]
Wage Growth 3.80 1.80 7.40 -3.10 percent [+]
Part Time Employment 280.50 288.00 332.80 190.80 Thousand [+]
Productivity 110.90 101.40 110.90 60.80 points [+]
Employed Persons 5217.23 5233.34 5326.33 4675.90 Thousand [+]
Employment Change -0.50 0.20 1.20 -1.50 percent [+]
Employment Rate 74.40 74.10 75.40 63.70 percent [+]
Full Time Employment 4788.80 4798.40 4848.70 4306.10 Thousand [+]


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