Minimum Wages in Czech Republic decreased to 546 EUR/Month in the third quarter of 2020. source: Eurostat

Minimum Wages in Czech Republic averaged 299.94 EUR/Month from 1999 until 2020, reaching an all time high of 574.62 EUR/Month in the first quarter of 2020 and a record low of 92.35 EUR/Month in the second 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 November of 2020.

Minimum Wages in Czech Republic is expected to be 546.00 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 546.00 in 12 months time. In the long-term, the Czech Republic Gross Minimum Monthly Wage is projected to trend around 546.00 EUR/Month in 2021, according to our econometric models.

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Czech Republic Gross Minimum Monthly Wage

Actual Previous Highest Lowest Dates Unit Frequency
546.00 574.62 574.62 92.35 1999 - 2020 EUR/Month Quarterly

Czech Republic Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.70 3.80 9.69 0.09 percent [+]
Unemployed Persons 271685.00 277015.00 629274.00 3000.00 [+]
Long Term Unemployment Rate 0.50 0.50 4.50 0.50 percent [+]
Youth Unemployment Rate 8.10 8.80 21.80 4.80 percent [+]
Labour Costs 128.23 127.78 128.23 56.23 points [+]
Job Vacancies 310730.00 316658.00 351624.00 30803.00 [+]
Wages 34271.00 34077.00 36144.00 6001.00 CZK/Month [+]
Wages in Manufacturing 32707.00 33123.00 35151.00 11827.00 CZK/Month [+]
Minimum Wages 546.00 574.62 574.62 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 -2.50 1.40 7.40 -3.10 percent [+]
Part Time Employment 286.30 306.30 332.80 190.80 Thousand [+]
Productivity 106.10 107.40 107.40 60.80 points [+]
Employed Persons 5233.34 5212.59 5326.33 4675.90 Thousand [+]
Employment Change -1.40 0.00 1.60 -1.40 percent [+]
Employment Rate 74.10 74.80 75.40 63.70 percent [+]
Full Time Employment 4778.10 4819.90 4848.70 4306.10 Thousand [+]