Wages in Czech Republic decreased to 32466 CZK/Month in the first quarter of 2019 from 33840 CZK/Month in the fourth quarter of 2018. Wages in Czech Republic averaged 19397.59 CZK/Month from 1994 until 2019, reaching an all time high of 33840 CZK/Month in the fourth quarter of 2018 and a record low of 6001 CZK/Month in the first quarter of 1994.

Wages in Czech Republic is expected to be 33140.64 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 34821.36 in 12 months time. In the long-term, the Czech Republic Average Monthly Wages is projected to trend around 36584.19 CZK/Month in 2020, according to our econometric models.

Czech Republic Average Monthly Wages
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Czech Republic Labour Last Previous Highest Lowest Unit
Unemployment Rate 2.60 2.70 9.69 0.09 percent [+]
Unemployed Persons 200675.00 209828.00 629274.00 3000.00 [+]
Long Term Unemployment Rate 0.60 0.70 4.50 0.60 percent [+]
Youth Unemployment Rate 6.90 6.60 21.80 5.10 percent [+]
Labour Costs 125.92 119.95 125.92 57.46 Index Points [+]
Job Vacancies 346552.00 339919.00 346552.00 30803.00 [+]
Wages 32466.00 33840.00 33840.00 6001.00 CZK/Month [+]
Wages in Manufacturing 31798.00 33512.00 33512.00 11827.00 CZK/Month [+]
Minimum Wages 518.97 468.87 518.97 92.35 EUR/Month [+]
Population 10.61 10.59 10.61 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 60.70 60.50 61.00 58.10 percent [+]
Living Wage Family 20500.00 20900.00 20900.00 17700.00 CZK/Month [+]
Living Wage Individual 15500.00 15700.00 15700.00 12600.00 CZK/Month [+]
Part Time Employment 327.10 324.30 327.10 190.80 Thousand [+]
Productivity 102.30 116.70 123.50 62.40 Index Points [+]
Wages High Skilled 35400.00 32200.00 35400.00 29500.00 CZK/Month [+]
Wage Growth 4.60 4.70 7.40 -3.10 percent [+]
Wages Low Skilled 15700.00 14600.00 15700.00 13400.00 CZK/Month [+]
Employed Persons 5305.53 5326.33 5326.33 4675.90 Thousand [+]
Employment Change 0.40 0.00 1.20 -1.20 percent [+]
Employment Rate 75.40 75.00 75.40 63.70 percent [+]
Full Time Employment 4848.70 4831.40 4848.70 4306.10 Thousand [+]


Czech Republic Average Monthly Wages

In Czech Republic, wages are benchmarked using average monthly earnings. This page provides - Czech Republic Average Monthly Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news. Czech Republic Average Monthly Wages - actual data, historical chart and calendar of releases - was last updated on June of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
32466.00 33840.00 33840.00 6001.00 1994 - 2019 CZK/Month Quarterly
Current Prices, NSA




Country Last Previous
Argentina 41359.00 Mar/19
Australia 1225.30 Dec/18
Brazil 2295.00 Apr/19
Canada 25.53 Mar/19
China 82461.00 Dec/18
France 2988.00 Dec/16
Germany 3932.00 Mar/19
India 272.19 Dec/14
Italy 2434.00 Dec/17
Japan 312362.00 Apr/19
Mexico 373.70 Apr/19
Russia 48510.00 May/19
Singapore 6005.00 Mar/19
South Africa 21190.00 Dec/18
South Korea 4021244.00 Mar/19
Spain 1876.19 Mar/19
Switzerland 6291.00 Dec/18
United Kingdom 532.00 Apr/19
United States 23.38 May/19


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