Wages in Czech Republic decreased to 35285 CZK/Month in the first quarter of 2021 from 38525 CZK/Month in the fourth quarter of 2020. source: Czech Statistical Office

Wages in Czech Republic averaged 20556.54 CZK/Month from 1994 until 2021, 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 June of 2021.

Wages in Czech Republic is expected to be 35813.00 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 39373.00 in 12 months time. In the long-term, the Czech Republic Average Monthly Wages is projected to trend around 40515.00 CZK/Month in 2022 and 41690.00 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
35285.00 38525.00 38525.00 6001.00 1994 - 2021 CZK/Month Quarterly
Current Prices, NSA

Czech Republic Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.90 4.10 9.69 0.09 percent [+]
Unemployed Persons 285822.00 297876.00 629274.00 3000.00 [+]
Long Term Unemployment Rate 0.60 0.50 4.50 0.50 percent [+]
Youth Unemployment Rate 8.30 10.50 21.80 4.80 percent [+]
Labour Costs 131.09 129.79 131.09 56.23 points [+]
Job Vacancies 346604.00 343407.00 351624.00 30803.00 [+]
Wages 35285.00 38525.00 38525.00 6001.00 CZK/Month [+]
Wages in Manufacturing 33833.00 36569.00 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 1.00 3.80 7.40 -3.10 percent [+]
Part Time Employment 280.50 288.00 332.80 190.80 Thousand [+]
Productivity 107.30 110.90 110.90 60.80 points [+]
Employed Persons 5195.00 5217.23 5326.33 4675.90 Thousand [+]
Employment Change -0.50 0.20 1.20 -1.50 percent [+]
Employment Rate 74.30 74.40 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.