Salaries In The Czech Republic And Its Neighbours

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The average wage has steadily been rising in the Czech Republic in recent years. In Q3 2019, the Czech Statistical Office (CZSO) reported that the average wage in the Czech Republic had increased to CZK 33,697, a real terms year-on-year growth of 4.3%. Although increasing, Czech wages are still only a third of those in neighbouring Germany and Austria, though they are marginally higher than Poland and Slovakia. Photo: CG / Jobspin.

Czech Rep., Feb 20 (JS) – In Q3 2019  average gross wages were nationally 6.9% higher than in the same period a year ago. The median wage level (the mid-point between the highest and lowest wage) for the same period was also calculated by the CZSO using a statistical model. This produced a median of CZK 29,549, which was CZK 1,863 (+ 6.7%) higher than in the same period a year earlier.

Increase in wage 2000-2018, source: CZSO. 

Although increasing, Czech wages are still only a third of those in neighbouring Germany and Austria, though they are marginally higher than Poland and Slovakia, according to CZSO data.

Country nameAverage wageAverage gross wageComparison with Austria
Austria4,028 EUR *103 487 CZK *100,00%
Germany3,771 EUR *96 896 CZK *93.62%
Czech Republic31 851 CZK **31 851 CZK **30,78%
Poland5 275 PLN31 597 CZK ***30,53%
Slovakia1,035 EUR ***26 594 CZK ****25,70%

* data for 2017
** data for 3rd quarter 2018
*** data for December 2018
**** data for the whole year 2019

Source: Statistical offices of individual countries, converted by CNB exchange rates valid as of 25 January 2019 via finance.cz

Within the European Union, the Czech Republic ranks among the top post-communist countries in terms of average wages, and is catching up with the countries of Southern Europe. 

 

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