Czechia - Real Wages & Salaries





Czechia: Real Wages & Salaries

Mnemonic YPEWS$.ICZE
Unit Vol. Index CPPY=100, NSA
Adjustments Not Seasonally Adjusted
Quarterly 3.85 %
Data 2020 Q2 97.5
2020 Q1 101.4

Series Information

Source The Czech Statistical Office (CZSO)
Release Average monthly gross wage by activity
Frequency Quarterly
Start Date 3/31/1998
End Date 6/30/2020

Czechia: Labor

Reference Last Previous Units Frequency
Labor Force 2020 Q3 5,376 5,361 Ths., SA Quarterly
Labor Force Employment 2020 Q3 5,230 5,229 Ths., SA Quarterly
Unemployment 2020 Q3 146.64 132.37 Ths., SA Quarterly
Unemployment Rate 2020 Q3 2.73 2.47 %, SA Quarterly
Primary Industries Employment 2020 Q2 138.22 132.6 Ths., NSA Quarterly
Real Wages & Salaries 2020 Q2 97.5 101.4 Vol. Index CPPY=100, NSA Quarterly
Total Employment 2020 Q2 5,212 5,277 Thousands, NSA Quarterly
Wage & Salaries 2020 Q2 34,271 34,132 CZK, NSA Quarterly

Release Information

For the Czech Republic, average gross monthly wage by NACE Rev. 2 activity. Quarterly from 2000.

The average gross monthly wage is the ratio of wages excluding other personnel expenses per registered employee per month. The wage includes basic wage and salaries, supplementary and additional wage or salary payments, bonuses and remunerations, wage and salary compensation, awards for working readiness and other wage or salary components, which were part of the employees' pay in the given period. The wage excludes wage or salary compensations for the first 14 calendar days of temporary incapacity for work (quarantine) paid by the employer.

This refers to gross wage, i.e., wage before the health insurance and social security deductions, before income tax advance, and before other legal or agreed-on deductions.

The data refer only to the employees with an employment contract with the reporting units. Excludes persons performing public office, such as Members of Parliament, Senators, full-time councillors at all levels, judges, etc.

The average wages refer to wages accounted for payment in the given period.

Changes in average nominal wage rate is representative of changes in average nominal wage compared to the corresponding period of the previous year, while changes in the average real wage rate is the ratio of average nominal wage index and consumer price index of that period. 

Data is in alignment with the Classification of Economic Activities (national version NACE Rev. 2) and any new methods of estimates were applied in accordance with the source's administrative data sources.