Wages in Czech Republic decreased to 34077 CZK/Month in the first quarter of 2020 from 36144 CZK/Month in the fourth quarter of 2019.

Wages in Czech Republic averaged 19973.14 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 July of 2020.

Wages in Czech Republic is expected to be 34826.00 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 35202.00 in 12 months time. In the long-term, the Czech Republic Average Monthly Wages is projected to trend around 38420.00 CZK/Month in 2021 and 39534.00 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
34077.00 36144.00 36144.00 6001.00 1994 - 2020 CZK/Month Quarterly
Current Prices, NSA

Czech Republic Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.70 3.60 9.69 0.09 percent [+]
Unemployed Persons 269637.00 266144.00 629274.00 3000.00 [+]
Long Term Unemployment Rate 0.60 0.60 4.50 0.60 percent [+]
Youth Unemployment Rate 7.20 6.40 21.80 4.80 percent [+]
Labour Costs 127.78 120.66 127.78 56.23 points [+]
Job Vacancies 331050.00 332478.00 351624.00 30803.00 [+]
Wages 34077.00 36144.00 36144.00 6001.00 CZK/Month [+]
Wages in Manufacturing 33123.00 35151.00 35151.00 11827.00 CZK/Month [+]
Minimum Wages 518.97 518.97 518.97 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 1.40 3.60 7.40 -3.10 percent [+]
Part Time Employment 313.40 319.50 332.80 190.80 Thousand [+]
Productivity 107.40 105.90 107.40 60.80 points [+]
Employed Persons 5277.42 5304.70 5326.33 4675.90 Thousand [+]
Employment Change 0.00 -0.30 1.60 -1.30 percent [+]
Employment Rate 75.30 75.20 75.40 63.70 percent [+]
Full Time Employment 4839.90 4833.90 4848.70 4306.10 Thousand [+]


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