Minimum Wages in Czech Republic increased to 596.36 EUR/Month in the third quarter of 2021 from 579.22 EUR/Month in the first quarter of 2021. source: EUROSTAT

Minimum Wages in Czech Republic averaged 312.46 EUR/Month from 1999 until 2021, reaching an all time high of 596.36 EUR/Month in the third quarter of 2021 and a record low of 92.35 EUR/Month in the first quarter of 1999. This page provides - Czech Republic Minimum Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news. Czech Republic Gross Minimum Monthly Wage - values, historical data and charts - was last updated on September of 2021.

Minimum Wages in Czech Republic is expected to be 585.00 EUR/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Minimum Wages in Czech Republic to stand at 595.00 in 12 months time. In the long-term, the Czech Republic Gross Minimum Monthly Wage is projected to trend around 600.00 EUR/Month in 2022 and 615.00 EUR/Month in 2023, according to our econometric models.

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Czech Republic Gross Minimum Monthly Wage

Actual Previous Highest Lowest Dates Unit Frequency
596.36 579.22 596.36 92.35 1999 - 2021 EUR/Month Quarterly

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 288.60 277.10 332.80 190.80 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 4735.20 4746.20 4848.70 4306.10 Thousand [+]