Wages in Manufacturing in Czech Republic decreased to 33123 CZK/Month in the first quarter of 2020 from 35151 CZK/Month in the fourth quarter of 2019.

Wages in Manufacturing in Czech Republic averaged 22290.98 CZK/Month from 2000 until 2020, reaching an all time high of 35151 CZK/Month in the fourth quarter of 2019 and a record low of 11827 CZK/Month in the first quarter of 2000. This page provides - Czech Republic Average Monthly Wages in Manufacturing - actual values, historical data, forecast, chart, statistics, economic calendar and news. Czech Republic Average Monthly Wages in Manufacturing - values, historical data and charts - was last updated on August of 2020.

Wages in Manufacturing in Czech Republic is expected to be 33279.00 CZK/Month by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Wages in Manufacturing in Czech Republic to stand at 33686.00 in 12 months time. In the long-term, the Czech Republic Average Monthly Wages in Manufacturing is projected to trend around 36390.00 CZK/Month in 2021 and 37445.00 CZK/Month in 2022, according to our econometric models.

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Czech Republic Average Monthly Wages in Manufacturing

Actual Previous Highest Lowest Dates Unit Frequency
33123.00 35151.00 35151.00 11827.00 2000 - 2020 CZK/Month Quarterly
Current Prices, NSA

Czech Republic Labour Last Previous Highest Lowest Unit
Unemployment Rate 3.80 3.70 9.69 0.09 percent [+]
Unemployed Persons 278824.00 269637.00 629274.00 3000.00 [+]
Long Term Unemployment Rate 0.60 0.60 4.50 0.60 percent [+]
Youth Unemployment Rate 8.20 7.90 21.80 4.90 percent [+]
Labour Costs 127.78 120.66 127.78 56.23 points [+]
Job Vacancies 334283.00 334904.00 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 5212.59 5277.42 5326.33 4675.90 Thousand [+]
Employment Change 0.00 -0.30 1.60 -1.30 percent [+]
Employment Rate 74.80 75.30 75.40 63.70 percent [+]
Full Time Employment 4839.90 4833.90 4848.70 4306.10 Thousand [+]