Wages in Czech Republic increased to 49229 CZK/Month in the fourth quarter of 2024 from 45464 CZK/Month in the third quarter of 2024. This dataset provides - Czech Republic Average Monthly Wages - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Key information about Czech Republic Monthly Earnings

• Czech Republic Monthly Earnings stood at 2,081 USD in Dec 2024, compared with the previous figure of 1,982 USD in Sep 2024
• Czech Republic Monthly Earnings data is updated quarterly, available from Mar 1998 to Dec 2024, with an average number of 1,219 USD
• The data reached the an all-time high of 2,081 USD in Dec 2024 and a record low of 314 USD in Mar 1998

CEIC converts Monthly Earnings into USD. Czech Statistical Office provides Average Gross Monthly Wages in local currency. Czech National Bank average market exchange rate is used for currency conversions. Monthly Earnings cover full time equivalent employees, taking into account their hours of workload. These employees are working under an employment contract excluding persons in public office, judges, women on maternity leave, persons on parental leave (if not simultaneously in employment), apprentices, employees of businesses not subject to statistical survey.


Further information about Czech Republic Monthly Earnings

• In the latest reports, Czech Republic Population reached 11 million people in Dec 2023
• Unemployment Rate of Czech Republic dropped to 3 % in Jan 2025
• The country's Labour Force Participation Rate increased to 61 % in Sep 2024

The average monthly gross wage in Czechia has risen more than thrice in the observed period, amounting to 43.1 thousand Czech koruna in 2023.

Key information about Czech Republic Household Income per Capita

• Czech Republic Annual Household Income per Capita reached 11,704.704 USD in Dec 2023, compared with the previous value of 10,325.090 USD in Dec 2022.
• Czech Republic Annual Household Income per Capita data is updated yearly, available from Dec 2001 to Dec 2023, with an averaged value of 7,470.063 USD.
• The data reached an all-time high of 11,704.704 USD in Dec 2023 and a record low of 2,370.587 USD in Dec 2001.
• In the latest reports, Retail Sales of Czech Republic grew 6.107 % YoY in Sep 2024.

CEIC converts Annual Household Income per Capita into USD. Czech Statistical Office provides Average Household Income per Capita in local currency. Czech National Bank average market exchange rate is used for currency conversions. Average Household Income covers Net Income only.

The annual rate of development of real wages in Czechia fluctuated in the observed period, with the highest figure observed at six percent in 2018. In 2023, the real wages in the country fell by 3.3 percent. However, in the following year, they were expected to grow by more than nine precent.

Czech Republic CZ: Wage Rate data was reported at 636,765.789 CZK in 2026. This records an increase from the previous number of 607,851.715 CZK for 2025. Czech Republic CZ: Wage Rate data is updated yearly, averaging 300,336.935 CZK from Dec 1995 (Median) to 2026, with 32 observations. The data reached an all-time high of 636,765.789 CZK in 2026 and a record low of 107,170.895 CZK in 1995. Czech Republic CZ: Wage Rate data remains active status in CEIC and is reported by Organisation for Economic Co-operation and Development. The data is categorized under Global Database’s Czech Republic – Table CZ.OECD.EO: Hours Worked, Unit Labour Cost and Labour Compensation: Forecast: OECD Member: Annual. WRT - Wage rate, total economy

Avg Gross Monthly Wages Index: Real: per FTE Person data was reported at 104.200 Same Qtr PY=100 in Dec 2024. This records a decrease from the previous number of 104.700 Same Qtr PY=100 for Sep 2024. Avg Gross Monthly Wages Index: Real: per FTE Person data is updated quarterly, averaging 103.100 Same Qtr PY=100 from Mar 1998 (Median) to Dec 2024, with 108 observations. The data reached an all-time high of 108.100 Same Qtr PY=100 in Jun 2021 and a record low of 88.400 Same Qtr PY=100 in Sep 2022. Avg Gross Monthly Wages Index: Real: per FTE Person data remains active status in CEIC and is reported by Czech Statistical Office. The data is categorized under Global Database’s Czech Republic – Table CZ.G024: Real Wage Index.

Czech Republic CZ: GDP: Growth: Adjusted Net National Income data was reported at 3.951 % in 2021. This records an increase from the previous number of -5.553 % for 2020. Czech Republic CZ: GDP: Growth: Adjusted Net National Income data is updated yearly, averaging 3.081 % from Dec 1994 (Median) to 2021, with 28 observations. The data reached an all-time high of 6.188 % in 2005 and a record low of -5.700 % in 2009. Czech Republic CZ: GDP: Growth: Adjusted Net National Income data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Czech Republic – Table CZ.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Adjusted net national income is GNI minus consumption of fixed capital and natural resources depletion.;World Bank staff estimates based on sources and methods in World Bank's 'The Changing Wealth of Nations: Measuring Sustainable Development in the New Millennium' (2011).;Weighted average;

Czech Republic CZ: Wage And Salary Workers: Modeled ILO Estimate: Male: % of Male Employment data was reported at 79.586 % in 2023. This records a decrease from the previous number of 79.888 % for 2022. Czech Republic CZ: Wage And Salary Workers: Modeled ILO Estimate: Male: % of Male Employment data is updated yearly, averaging 79.759 % from Dec 1991 (Median) to 2023, with 33 observations. The data reached an all-time high of 89.386 % in 1991 and a record low of 77.803 % in 2012. Czech Republic CZ: Wage And Salary Workers: Modeled ILO Estimate: Male: % of Male Employment data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Czech Republic – Table CZ.World Bank.WDI: Employment and Unemployment. Wage and salaried workers (employees) are those workers who hold the type of jobs defined as 'paid employment jobs,' where the incumbents hold explicit (written or oral) or implicit employment contracts that give them a basic remuneration that is not directly dependent upon the revenue of the unit for which they work.;International Labour Organization. “ILO modelled estimates database” ILOSTAT. Accessed January 07, 2025. https://ilostat.ilo.org/data/.;Weighted average;

In the observed period, the best-paid healthcare professionals in Czechia were physicians and dentists who earned a gross monthly salary of approximately 103,848 Czech koruna in 2023. Nurses and midwives had an average gross salary of nearly 55 thousand koruna. The average among all healthcare workers was nearly 52.5 thousand koruna in 2023, an increase compared to the previous year.

Gross adjusted annual household disposable income per capita (including social transfers in kind) in Czechia has increased more than threefold since 1995. In 2022, Czech residents had an income of over 32.7 thousand U.S. dollars on average. To compare, since the previous year, the average income per capita has increased by nearly two thousand U.S. dollars.

Graph and download economic data for Labor Compensation: Earnings: Manufacturing: Hourly for Czech Republic (LCEAMN01CZA659S) from 1994 to 2023 about Czech Republic, compensation, earnings, hours, and manufacturing.

During the observed period, the exchange rate of the Czech koruna to the U.S. dollar fluctuated. The lowest exchange rate was observed in 2011 and amounted to 17.688 Czech koruna. In 2024, for one U.S. dollar, one had to pay 23.21 Czech koruna on average.