Minimum Wages in Czech Republic increased to 579.22 EUR/Month in the first quarter of 2021 from 546 EUR/Month in the third quarter of 2020. source: EUROSTAT

Minimum Wages in Czech Republic averaged 306.15 EUR/Month from 1999 until 2021, reaching an all time high of 579.22 EUR/Month in the first 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 February of 2021.

Minimum Wages in Czech Republic is expected to be 579.22 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 585.00 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
579.22 546.00 579.22 92.35 1999 - 2021 EUR/Month Quarterly

Czech Republic Labour Last Previous Highest Lowest Unit
Unemployment Rate 4.30 4.00 9.69 0.09 percent [+]
Unemployed Persons 308859.00 291977.00 629274.00 3000.00 [+]
Long Term Unemployment Rate 0.60 0.50 4.50 0.50 percent [+]
Youth Unemployment Rate 10.30 8.40 21.80 4.80 percent [+]
Labour Costs 120.18 128.23 128.23 56.23 points [+]
Job Vacancies 325425.00 318582.00 351624.00 30803.00 [+]
Wages 35402.00 34271.00 36144.00 6001.00 CZK/Month [+]
Wages in Manufacturing 33643.00 32707.00 35151.00 11827.00 CZK/Month [+]
Minimum Wages 579.22 546.00 579.22 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 59.90 59.40 61.00 58.10 percent [+]
Wage Growth 1.70 -2.50 7.40 -3.10 percent [+]
Part Time Employment 288.00 286.30 332.80 190.80 Thousand [+]
Productivity 101.40 106.10 107.40 60.80 points [+]
Employed Persons 5217.23 5233.34 5326.33 4675.90 Thousand [+]
Employment Change -1.40 0.00 1.60 -1.40 percent [+]
Employment Rate 74.40 74.10 75.40 63.70 percent [+]
Full Time Employment 4798.40 4778.10 4848.70 4306.10 Thousand [+]